Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
A regulator amends guidance on Special Rupee Vostro Accounts, clarifying that authorised dealer Category-I banks may, with immediate effect, permit surplus balances to be invested not only in government treasury bills and securities but also in non-convertible debentures, bonds and commercial paper issued by Indian companies, subject to guidelines and limits set forth in the referenced circular and compliance with FEMA and any other applicable statutory permissions or approvals under other laws. The direction is issued under the regulator's FEMA powers and must be communicated to affected constituents.
A regulator amends guidance on Special Rupee Vostro Accounts, clarifying that authorised dealer Category-I banks may, with immediate effect, permit surplus balances to be invested not only in government treasury bills and securities but also in non-convertible debentures, bonds and commercial paper issued by Indian companies, subject to guidelines and limits set forth in the referenced circular and compliance with FEMA and any other applicable statutory permissions or approvals under other laws. The direction is issued under the regulator's FEMA powers and must be communicated to affected constituents.
Note: It is a system-generated summary and is for quick reference only.