CBDT instructs CIT(A) offices to issue intimation confirming withdrawal of appeals for MAP-resolved grounds, serving as proof for implementing MAP resolutions.
SEBI updates mutual fund distributor commission structure to encourage onboarding of new investors from B-30 cities and women, promoting financial inclusion.
Valuer suspended for six months due to failure in properly valuing financial and intangible assets during CIRP and liquidation, with inadequate due diligence cited by IBBI.
A valuer was suspended for three months by IBBI due to alleged non-inclusion of intangibles and disputed asset valuations during the CIRP of a corporate debtor.
A registered valuer was suspended for three months by IBBI for failing to adequately value key financial assets and trade receivables during a corporate liquidation, highlighting the need for due diligence.
IFSCA allows IFSC Insurance Offices to raise invoices in any contract currency, but fund realization must be in specified foreign currencies, ensuring compliance and smoother transactions.
The company and officers were penalized for errors in PAS-3 e-form filing during loan-to-equity conversion, highlighting the importance of accurate procedural compliance under the Companies Act.
The circular requires GAPs and IBs to display detailed risk notices at every client login, ensuring investors understand key risks before accessing foreign markets.
The CBIC extends the validity of its 2023 valuation order for J3 grade stainless steel, ensuring continuity in customs value declaration until November 2026.
The notification exempts statutory fees, grants, levies, and related receipts of the pollution control board under section 10(46). It holds that these non-commercial and regulatory incomes qualify for exemption, subject to conditions on activity and return filing.
