The recognition is based on alignment with global regulatory frameworks like PFMI. The ruling highlights India’s commitment to international standards. This boosts investor confidence and global integration.
The Court held that post-facto shareholder ratification cannot legalize misuse of funds raised through disclosures. The key takeaway is that securities law violations remain enforceable despite later approvals.
The order highlights failures in verification and delayed action by a DDP in FPI processes. The key takeaway is that DDPs must ensure strict compliance and due diligence at every stage.
The article examines financial difficulties faced by remote workers managing multi-currency income. It highlights how fintech and Web3 tools provide faster, flexible solutions for global transactions.
The Tribunal examined whether construction and infrastructure activities were taxable under WCS or CRCS. It held that presence of transfer of property in goods justified classification under WCS. The key takeaway is that specific taxable entries override earlier classifications once introduced.
The Tribunal examined whether processing of tobacco leaves amounts to taxable service under BAS. It held that no new distinct product emerges from threshing and drying. The key takeaway is that activities not altering essential characteristics remain outside BAS.
The Tribunal examined whether delay in filing appeal was justified under section 249(3). It held that sufficient cause must be interpreted liberally to ensure justice. The key takeaway is that technical delays should not deny statutory appeal rights.
The Tribunal examined whether penalties can continue after the main dispute is settled. It held that co-noticees have no independent liability once the primary demand is resolved. The ruling clarifies the consequential nature of such penalties.
The Tribunal examined whether land value can be included in taxable service value. It held that such value must be excluded and directed recomputation. The key takeaway is that sale of land cannot be taxed as service.
The issue involved delay in issuing TDS certificates due to technical issues. The Board extended the deadline to provide relief. The takeaway is that system glitches can justify compliance extensions.
