Tax determination against deceased proprietor invalid where no notice to legal representative; appeal rejected without addressing jurisdictional defec...
Revocation of GST registration and permission to file blocked returns; conditional defreezing of bank accounts after security and instalment applicati...
Right to access seized electronic evidence: impugned adjudication treated as additional show cause notice, remand for fresh hearing and return of mate...
Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Clause 1.3 of Chapter V of the NCS Master Circular is modified to expand eligibility for issuing debt securities or non-convertible redeemable preference shares on a private placement basis at a reduced face value of Rs. 10,000, by permitting zero coupon debt securities (with fixed maturity and without structured obligations) in addition to interest/dividend-bearing securities paying coupon/dividend at regular intervals (also with fixed maturity and without structured obligations). As a consequence, issuers may issue eligible privately placed debt securities at the reduced denomination whether the instrument is interest-bearing or zero coupon, and the modification applies to all such issues proposed to be listed from the date of this SEBI circular.
Clause 1.3 of Chapter V of the NCS Master Circular is modified to expand eligibility for issuing debt securities or non-convertible redeemable preference shares on a private placement basis at a reduced face value of Rs. 10,000, by permitting zero coupon debt securities (with fixed maturity and without structured obligations) in addition to interest/dividend-bearing securities paying coupon/dividend at regular intervals (also with fixed maturity and without structured obligations). As a consequence, issuers may issue eligible privately placed debt securities at the reduced denomination whether the instrument is interest-bearing or zero coupon, and the modification applies to all such issues proposed to be listed from the date of this SEBI circular.
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