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Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Authorised Dealers are prohibited from offering non-deliverable derivative contracts involving INR to resident or non-resident users, while deliverable foreign exchange derivative contracts may continue only for hedging purposes and where the user does not hold offsetting non-deliverable positions. Users may not rebook any cancelled INR-linked foreign exchange derivative contract, whether deliverable or non-deliverable, after the date of these instructions. Authorised Dealers are also barred from entering into any foreign exchange derivative contract involving INR with related parties, with related party meaning aligned to Ind AS 24 or IAS 24. The directions take immediate effect and remain operative until further review.
Authorised Dealers are prohibited from offering non-deliverable derivative contracts involving INR to resident or non-resident users, while deliverable foreign exchange derivative contracts may continue only for hedging purposes and where the user does not hold offsetting non-deliverable positions. Users may not rebook any cancelled INR-linked foreign exchange derivative contract, whether deliverable or non-deliverable, after the date of these instructions. Authorised Dealers are also barred from entering into any foreign exchange derivative contract involving INR with related parties, with related party meaning aligned to Ind AS 24 or IAS 24. The directions take immediate effect and remain operative until further review.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
