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 prescribes uniform compliance reporting formats for Specialized Investment Funds (SIFs) by applying to SIFs all reporting requirements under the SEBI (Mutual Funds) Regulations, 1996, the MF Master Circular dated June 27, 2024, and related circulars, thereby subjecting SIFs to the same compliance reporting regime as mutual funds. The Compliance Test Report format is modified to add a new Part IV requiring AMCs managing SIFs to report additional SIF-specific compliance (including minimum investment threshold, strategy characteristics, fee/expense limits, investment and issuer-concentration restrictions, derivatives, product differentiation, disclosures, subscription/redemption, listing, benchmarking, distribution, risk band, and scenario analysis), increasing mandatory periodic attestations within the CTR. The Half-Yearly Trustee Report format is modified to add Clause 72A requiring trustees to report SIF-specific governance and compliance matters, expanding trustee oversight reporting, with effect from January 8, 2026.
SEBI prescribes uniform compliance reporting formats for Specialized Investment Funds (SIFs) by applying to SIFs all reporting requirements under the SEBI (Mutual Funds) Regulations, 1996, the MF Master Circular dated June 27, 2024, and related circulars, thereby subjecting SIFs to the same compliance reporting regime as mutual funds. The Compliance Test Report format is modified to add a new Part IV requiring AMCs managing SIFs to report additional SIF-specific compliance (including minimum investment threshold, strategy characteristics, fee/expense limits, investment and issuer-concentration restrictions, derivatives, product differentiation, disclosures, subscription/redemption, listing, benchmarking, distribution, risk band, and scenario analysis), increasing mandatory periodic attestations within the CTR. The Half-Yearly Trustee Report format is modified to add Clause 72A requiring trustees to report SIF-specific governance and compliance matters, expanding trustee oversight reporting, with effect from January 8, 2026.
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