Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
The Master Circular consolidates the Social Stock Exchange (SSE) framework, rescinds prior SSE circulars while preserving actions taken under them, and sets operative requirements: NPO registration criteria (legal form, minimum age, financial thresholds, tax registrations), listing and public-issue procedure for Zero Coupon Zero Principal Instruments (ZCZP) including dematerialised non-transferability, minimum issue and subscription thresholds, and refund rules. It prescribes minimum initial disclosures, annual disclosures and Annual Impact Report (AIR) requirements (assessment by Social Impact Assessors), quarterly fund utilization statements, recognition of Self Regulatory Organizations for assessors, and constitution and terms of a Governing Council to oversee SSE functioning.
The Master Circular consolidates the Social Stock Exchange (SSE) framework, rescinds prior SSE circulars while preserving actions taken under them, and sets operative requirements: NPO registration criteria (legal form, minimum age, financial thresholds, tax registrations), listing and public-issue procedure for Zero Coupon Zero Principal Instruments (ZCZP) including dematerialised non-transferability, minimum issue and subscription thresholds, and refund rules. It prescribes minimum initial disclosures, annual disclosures and Annual Impact Report (AIR) requirements (assessment by Social Impact Assessors), quarterly fund utilization statements, recognition of Self Regulatory Organizations for assessors, and constitution and terms of a Governing Council to oversee SSE functioning.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
