Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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The notification introduces the Second Amendment to the 2019 regulations governing insolvency resolution for personal guarantors to corporate debtors, effective from its publication in the Official Gazette. It inserts a new Regulation 23 mandating resolution professionals to file prescribed electronic Forms, with enclosures, within stipulated timelines as notified by the Insolvency and Bankruptcy Board of India. The Board may update these Forms and hosts them on an electronic platform. Resolution professionals must ensure accuracy and completeness, and any delayed filing, including corrections or updates, attracts a fee of Rs. 500 per Form per month. Non-filing, inaccuracies, or delay may invite regulatory action, including refusal to issue or renew Authorization for Assignment.
The notification introduces the Second Amendment to the 2019 regulations governing insolvency resolution for personal guarantors to corporate debtors, effective from its publication in the Official Gazette. It inserts a new Regulation 23 mandating resolution professionals to file prescribed electronic Forms, with enclosures, within stipulated timelines as notified by the Insolvency and Bankruptcy Board of India. The Board may update these Forms and hosts them on an electronic platform. Resolution professionals must ensure accuracy and completeness, and any delayed filing, including corrections or updates, attracts a fee of Rs. 500 per Form per month. Non-filing, inaccuracies, or delay may invite regulatory action, including refusal to issue or renew Authorization for Assignment.
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