Straight-line lease rental accounting change results in penalty quashed where disclosed accounts and bona fide arguable accounting interpretation exis...
Allocation of enhanced FSI/TDR proceeds between cooperative society and individual flat-owners; tribunal deletes society LTCG addition, remits 80P ver...
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.
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