Weekly Round-up on Tax and Corporate Laws | 20th to 24th May 2024

This weekly newsletter analytically summarises the key stories reported at…

[Analysis] SEBI’s Proposal to Enhance the AIF Valuation Framework

The AIF (Alternative Investment Fund) Valuation Framework is a set…

Accounting for Lease Term Modifications Under Ind AS 116 | Lessee’s Perspective

A lessee shall account for a lease modification as a…

CIT(E) Has Power to Correct Mistake in Filing Application for Registration u/s 12AB | ITAT

Case Details: Shree Swaminarayan Gadi Trust vs. CIT (Exemptions) -…

HC Permitted Assessee to File Appeal Beyond Time Limit as He Discharged GST Liability Prior to Issuance of SCN

Case Details: Alamelu Construction v. Assistant Commissioner of GST &…

SEBI Modifies the Framework for Price Band Formulation for Scrips in the Derivatives Segment to Manage Volatility

Circular No. SEBI/HO/MRD/TPD-1/P/CIR/2024/58, Dated: 24.05.2024 SEBI has modified the framework…

SEBI Reduces Minimum Staggered Delivery Period for Commodity Derivatives to Three Days

Circular No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2024/57, Dated: 24.05.2024 Earlier, SEBI vide ‘Master Circular…

Market Intermediaries Must Not Share Real-time Price Data With Third Parties, Except for Regulatory Purposes | SEBI

Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/56, Dated: 24.05.2024 The issue of sharing real-time…