Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
The regulator amended the Angel Fund framework and, having earlier required existing Angel Funds to disclose an allocation methodology in their PPMs and apply it to investments after October 15, 2025, has extended that compliance deadline to January 31, 2026. Thereafter, allocations must follow the disclosed methodology. All other aspects of the prior circular remain unchanged. The extension responds to industry requests for more time and is effective immediately, issued under the regulator's statutory powers to protect investors and regulate the securities market.
The regulator amended the Angel Fund framework and, having earlier required existing Angel Funds to disclose an allocation methodology in their PPMs and apply it to investments after October 15, 2025, has extended that compliance deadline to January 31, 2026. Thereafter, allocations must follow the disclosed methodology. All other aspects of the prior circular remain unchanged. The extension responds to industry requests for more time and is effective immediately, issued under the regulator's statutory powers to protect investors and regulate the securities market.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
