Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
The amendment relaxes the REIT asset-quality thresholds in the 2014 Regulations by reducing the prescribed credit risk value benchmark from 12 to 10 in the relevant definitions and investment conditions, and by expanding the eligible risk matrix category to include Class B-I alongside Class A-I. It also makes a drafting correction to capitalisation in the reference to Government Securities, treasury bills and repo on Government Securities. These changes take effect on publication in the Official Gazette and alter the classification and eligibility criteria applicable to REIT-related holdings.
The amendment relaxes the REIT asset-quality thresholds in the 2014 Regulations by reducing the prescribed credit risk value benchmark from 12 to 10 in the relevant definitions and investment conditions, and by expanding the eligible risk matrix category to include Class B-I alongside Class A-I. It also makes a drafting correction to capitalisation in the reference to Government Securities, treasury bills and repo on Government Securities. These changes take effect on publication in the Official Gazette and alter the classification and eligibility criteria applicable to REIT-related holdings.
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