Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The securities regulator issues a circular to mutual fund asset managers, registrars, depositories, participants, and the mutual fund industry association, deferring implementation of Phase III of the revamped nomination framework. Earlier circulars had staggered implementation across three phases, with Phase III last extended to December 15, 2025, due to operational challenges. Following further stakeholder representations seeking re-examination of structural implications and additional time for system and process changes, the Phase III timeline is now deferred beyond December 15, 2025, to a date to be notified later. All other provisions of the earlier nomination-related circulars remain unchanged and in force.
The securities regulator issues a circular to mutual fund asset managers, registrars, depositories, participants, and the mutual fund industry association, deferring implementation of Phase III of the revamped nomination framework. Earlier circulars had staggered implementation across three phases, with Phase III last extended to December 15, 2025, due to operational challenges. Following further stakeholder representations seeking re-examination of structural implications and additional time for system and process changes, the Phase III timeline is now deferred beyond December 15, 2025, to a date to be notified later. All other provisions of the earlier nomination-related circulars remain unchanged and in force.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
