Off market sale of securities tantamount to colorable device
Recently, Mumbai ITAT has held that long term capital loss (‘LTCL’) from off market sale
Broader scope for overseas portfolio investment by resident Indians
RBI vide notification no. RBI/2024-25/41 dated June 7 2024 (“OPI Amendment”) amended the provisions in relation
Tax treatment for Guarantee fees income is not akin to Interest income
In the present case, Johnson Matthey Public Limited Company1 (the Assessee), is a tax resident of
Business Responsibility and Sustainability Report (BRSR) – FAQs & General Observations and Guidelines
BSE vide 20240510-48 dated May 10, 2024 and NSE vide NSE/CML/2024/11 dated May 10, 2024 have
NSE issues master circular for listed companies
NSE has issued a circular to facilitate listed companies to have access to the applicable circulars
Mumbai ITAT rules that NCD premium taxable as ‘interest’, not as ‘capital gains’
Mumbai ITAT holds that differential amount between maturity proceeds on redemption of non-convertible debentures (NCDs) and
Amendment to filling of schemes or funds with IFSCA
IFSCA vide its circular no. IFSCA-AIF/32/2024-Capital Markets dated April 5, 2024 amended regulation 31(2) of the
Introduction of beta version of T+0 rolling settlement cycle
SEBI through its circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/20 dated September 07, 2021, allowed for introduction of T+1 rolling
Supreme Court strikes down Electoral Bonds scheme as unconstitutional
On January 2, 2018, the Ministry of Finance notified the Electoral Bond scheme 2018 (“EB Scheme”)
Set off of short term capital loss against gains taxable at different rates allowable
Mumbai ITAT in case of JS Capital LLC [TS-165-ITAT-2024(Mum)] in its order dated March 7, 2024