Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
A securities regulator amended share-based employee benefits rules to add a provision permitting an employee identified as a "promoter" or part of the "promoter group" in an IPO draft to continue to hold and/or exercise previously granted stock options, stock appreciation rights or similar benefits, provided such grants were made at least one year before filing the draft offer document and remain subject to the scheme terms and applicable laws; the amendment takes effect on publication in the Official Gazette.
A securities regulator amended share-based employee benefits rules to add a provision permitting an employee identified as a "promoter" or part of the "promoter group" in an IPO draft to continue to hold and/or exercise previously granted stock options, stock appreciation rights or similar benefits, provided such grants were made at least one year before filing the draft offer document and remain subject to the scheme terms and applicable laws; the amendment takes effect on publication in the Official Gazette.
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