Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Regulator issues a circular prescribing timelines for issuers of listed or proposed-to-be-listed debt securities to submit information to debenture trustees to enable continuous due diligence. Issuers must provide quarterly security cover certificates, statements of pledged securities, and Debt Service Reserve Account or other security values within 60 days of each quarter end (75 days for the last quarter). Net worth certificates of personal guarantors are required half-yearly within 60 days, and corporate guarantor financials annually within 60 days of year-end. Valuation and title search reports for immovable or movable assets must be submitted once every three years within 60 days of financial year end. Provisions apply from the quarter ending December 31, 2025.
Regulator issues a circular prescribing timelines for issuers of listed or proposed-to-be-listed debt securities to submit information to debenture trustees to enable continuous due diligence. Issuers must provide quarterly security cover certificates, statements of pledged securities, and Debt Service Reserve Account or other security values within 60 days of each quarter end (75 days for the last quarter). Net worth certificates of personal guarantors are required half-yearly within 60 days, and corporate guarantor financials annually within 60 days of year-end. Valuation and title search reports for immovable or movable assets must be submitted once every three years within 60 days of financial year end. Provisions apply from the quarter ending December 31, 2025.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
