Donor-directed corpus contributions retain capital character despite exemption claims under section 10(23C)(vi), preventing their treatment as taxable...
Enhanced tax-audit threshold applies where banking records establish compliant non-cash receipts and payments, eliminating penalty exposure for audit ...
Transfer pricing consistency protects identical non-interest-bearing debenture terms from a later notional-interest adjustment without valid statutory...
Rectification of debatable deduction claims cannot reverse scrutiny-approved co-operative society interest income deductions as apparent record errors...
SEBI revises price-data sharing norms for investor education by replacing the prior one-day sharing lag and three-month usage lag with a uniform 30-day lag for both sharing and use of market price data for educational and awareness activities. NISM is granted a separate carve-out to access market price data with a one-day lag for its simulation lab. MIIs and market intermediaries must exercise due diligence, enter into appropriate legal agreements to prevent misuse, and maintain an audit trail for data usage. The revised provisions apply from 1 July 2026 and require corresponding systems, bye-law, rule and regulation amendments, and market dissemination.
SEBI revises price-data sharing norms for investor education by replacing the prior one-day sharing lag and three-month usage lag with a uniform 30-day lag for both sharing and use of market price data for educational and awareness activities. NISM is granted a separate carve-out to access market price data with a one-day lag for its simulation lab. MIIs and market intermediaries must exercise due diligence, enter into appropriate legal agreements to prevent misuse, and maintain an audit trail for data usage. The revised provisions apply from 1 July 2026 and require corresponding systems, bye-law, rule and regulation amendments, and market dissemination.
Note: It is a system-generated summary and is for quick reference only.
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