Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Master Circular consolidates SEBI circulars governing Research Analysts, rescinding earlier circulars insofar as they relate to RAs while preserving prior actions and applications. It prescribes qualification and NISM certification rules, deposit tiers linked to client counts, registration rules including part time and dual IA/RA registration, mandatory disclosures (including AI use), model portfolio standards, client level segregation of research and distribution, fee ceilings for individual/HUF clients, KYC and record keeping, annual compliance audits and periodic reporting, administration/supervision by an RAASB (BSE designated), advertising code, outsourcing, AML/KYC, cybersecurity (CSCRF), PaRRVA verification regime and optional centralised fee collection (CeFCoM).
Master Circular consolidates SEBI circulars governing Research Analysts, rescinding earlier circulars insofar as they relate to RAs while preserving prior actions and applications. It prescribes qualification and NISM certification rules, deposit tiers linked to client counts, registration rules including part time and dual IA/RA registration, mandatory disclosures (including AI use), model portfolio standards, client level segregation of research and distribution, fee ceilings for individual/HUF clients, KYC and record keeping, annual compliance audits and periodic reporting, administration/supervision by an RAASB (BSE designated), advertising code, outsourcing, AML/KYC, cybersecurity (CSCRF), PaRRVA verification regime and optional centralised fee collection (CeFCoM).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
