ITAT Bangalore reinstates Dhwani Shristi Foundation’s tax exemptions, ruling genuine charitable activities outweigh expenditure quantum for registration.
Delhi High Court dismisses a writ petition challenging a consolidated GST show cause notice for FYs 2017-22, citing no statutory prohibition.
Delhi High Court addresses Fujitsu India’s transfer pricing appeal, validating ‘headcount’ for expense allocation and remanding comparable selection for re-evaluation.
Allahabad High Court sets aside an ex-parte GST appeal order for AY 2018-19, ruling it invalid as it was passed on a later date after the hearing.
SEBI plans to amend CAPS Regulations, shifting from Official Gazette notifications to circulars for specifying certification requirements and timelines for securities market associated persons.
SEBI proposes amendments to simplify public issue requirements, including minimum holding periods for Offer for Sale and treatment of share-based benefits for founders classified as promoters.
SEBI proposes amendments to LODR Regulations, mandating dematerialized issuance for corporate actions and simplifying compliance by removing proof of delivery requirements.
SEBI proposes to amend Portfolio Managers Regulations, 2020, by moving the disclosure document format from regulations to a circular for easier amendments and clearer investor communication.
SEBI plans amendments to InvIT and REIT regulations, streamlining definitions, cash flow adjustments, reporting timelines, and minimum allotment for ease of business.
SEBI proposes amending ICDR Regulations to mandate dematerialization of shares for promoter groups, selling shareholders, directors, and other key entities before filing a DRHP for IPOs.
