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...
SEBI issues modalities under the AIF Regulations, 2012 for migration to AI-only schemes and for relaxations to Large Value Funds (LVFs) for accredited investors. New AI-only schemes and LVFs must include "AI only fund" or "LVF" in their scheme name. Existing eligible AIFs/schemes may convert to AI-only or LVF schemes with unanimous investor consent and must report conversion and name change to SEBI and depositories within 15 days. Investors qualifying as accredited at onboarding retain that status for the scheme's life. AI-only schemes may have a maximum five-year extension. LVFs are exempt from the standard placement memorandum template and annual audit, without needing investor waivers.
SEBI issues modalities under the AIF Regulations, 2012 for migration to AI-only schemes and for relaxations to Large Value Funds (LVFs) for accredited investors. New AI-only schemes and LVFs must include "AI only fund" or "LVF" in their scheme name. Existing eligible AIFs/schemes may convert to AI-only or LVF schemes with unanimous investor consent and must report conversion and name change to SEBI and depositories within 15 days. Investors qualifying as accredited at onboarding retain that status for the scheme's life. AI-only schemes may have a maximum five-year extension. LVFs are exempt from the standard placement memorandum template and annual audit, without needing investor waivers.
Note: It is a system-generated summary and is for quick reference only.
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