Restriction of Input Tax Credit under Rule 86A applies only to fraudulently or ineligible availed credit; mere wrongful recipient availment is insuffi...
Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Pre-commencement R&D deduction denied where business had not commenced; deeming benefit requires tangible start of manufacture or commercial exploitat...
Capacity planning and real time performance monitoring requirements are prescribed for the Commodity Derivatives Segment: installed capacity must be at least twice the projected peak load and MIIs must include a policy addressing actions when any component exceeds 75% utilization (including tuning or augmentation), with SCOT oversight of remedial steps. Select provisions of the December 10, 2024 framework apply mutatis mutandis to this segment, subject to these modifications. Stock exchanges and clearing corporations must obtain SCOT and board approval and submit the Capacity Planning and Real Time Performance Monitoring Policy within three months; the measures take effect three months after this circular and supersede the prior Clause 16.1.2 for this segment.
Capacity planning and real time performance monitoring requirements are prescribed for the Commodity Derivatives Segment: installed capacity must be at least twice the projected peak load and MIIs must include a policy addressing actions when any component exceeds 75% utilization (including tuning or augmentation), with SCOT oversight of remedial steps. Select provisions of the December 10, 2024 framework apply mutatis mutandis to this segment, subject to these modifications. Stock exchanges and clearing corporations must obtain SCOT and board approval and submit the Capacity Planning and Real Time Performance Monitoring Policy within three months; the measures take effect three months after this circular and supersede the prior Clause 16.1.2 for this segment.
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