SEBI Revises CRA Policies on Post-Default Curing and Removes the Term ‘Technical Default’ from Master Circular

Circular No. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2024/16, Dated 18.11.2024 … Continue reading “SEBI Revises CRA Policies on Post-Default Curing and Removes the Term ‘Technical Default’ from Master Circular”

AIF Scheme Investors Shall Hold Pro-Rata Rights in Investments & Proceeds Distribution Based on Their Commitment | SEBI

Circular No. SEBI/LAD-NRO/GN/2024/209, Dated 18.11.2024 … Continue reading “AIF Scheme Investors Shall Hold Pro-Rata Rights in Investments & Proceeds Distribution Based on Their Commitment | SEBI”

Order Was Set Aside Due to the AO’s Violation of Natural Justice for Not Awaiting the Assessee’s Reply to the SCN | HC

Case Details: Elsy Joy v. … Continue reading “Order Was Set Aside Due to the AO’s Violation of Natural Justice for Not Awaiting the Assessee’s Reply to the SCN | HC”

Compensation Awarded for Land Acquired Under Provisions of Karnataka Highways Act Not Exempt from Tax Under RFCTLARR Act

Case Details: Commissioner of Income-tax … Continue reading “Compensation Awarded for Land Acquired Under Provisions of Karnataka Highways Act Not Exempt from Tax Under RFCTLARR Act”

No Sec. 13 Violation If a Trust Provides Interest-Free Loan to Another Trust with Similar Objects and Trustees | ITAT

Case Details: Income-tax Officer vs. … Continue reading “No Sec. 13 Violation If a Trust Provides Interest-Free Loan to Another Trust with Similar Objects and Trustees | ITAT”