Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
SEBI has revised the Monthly Cumulative Report format for mutual funds from June 2026 onwards to align reporting with the newly introduced scheme categories consolidated under the Master Circular. The updated MCR and MCR-SIF templates now require reporting across expanded scheme classes, including open-ended, close-ended, interval and SIF investment strategy categories, with specified data fields for schemes, folios, mobilisations, redemptions, net inflows or outflows, AUM, segregated portfolios and SIP activity. All other conditions under the existing Master Circular remain unchanged.
SEBI has revised the Monthly Cumulative Report format for mutual funds from June 2026 onwards to align reporting with the newly introduced scheme categories consolidated under the Master Circular. The updated MCR and MCR-SIF templates now require reporting across expanded scheme classes, including open-ended, close-ended, interval and SIF investment strategy categories, with specified data fields for schemes, folios, mobilisations, redemptions, net inflows or outflows, AUM, segregated portfolios and SIP activity. All other conditions under the existing Master Circular remain unchanged.
Note: It is a system-generated summary and is for quick reference only.
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