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...
SEBI grants a one-time relaxation extending the validity of observation letters expiring between 1 April 2026 and 30 September 2026 until 30 September 2026, where issuers face market-related delays in public issue planning. The extension is subject to an undertaking from the lead manager confirming compliance with Schedule XVI of the ICDR Regulations when submitting the updated offer document. The circular applies with immediate effect and preserves the existing framework on the validity period of SEBI observations, while temporarily easing lapses caused by uncertain market conditions.
SEBI grants a one-time relaxation extending the validity of observation letters expiring between 1 April 2026 and 30 September 2026 until 30 September 2026, where issuers face market-related delays in public issue planning. The extension is subject to an undertaking from the lead manager confirming compliance with Schedule XVI of the ICDR Regulations when submitting the updated offer document. The circular applies with immediate effect and preserves the existing framework on the validity period of SEBI observations, while temporarily easing lapses caused by uncertain market conditions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
