Since upon the completion of Corporate Insolvency Resolution Process (CIRP), assessee had changed hands and commenced under a new ownership and management, the Bombay High Court held that tax proceedings pertain to period prior to the CIRP, and consequent to the approval of the resolution plan, the tax proceedings stood extinguished.
Explore how LLCs qualify for India-US DTAA benefits, focusing on tax liability and resident status under Article 4 in the General Motors vs ACIT case.
Allegations of PVR’s dominance and anti-competitive practices led to a CCI probe under India’s Competition Act. Learn about the ruling and its implications.
NCLT allows conversion of a company limited by shares to a company limited by guarantee without share capital. Key provisions of the Companies Act cited in the case.
Karnataka HC rules prima facie, CM Siddaramaiah bent rules for family’s benefit in MUDA land case. Sanction granted for investigation into alleged Rs 56 crore scam.
The Amendment to Companies Merger Rules 2024 simplifies reverse flipping by easing cross-border mergers, reducing timelines via the fast track merger scheme.
CCI fined Maruti Suzuki for restricting dealer discounts, impacting competition and consumer welfare in the Indian automotive market.
Understand Permanent Establishment in India, its types, and the legal framework. Learn about taxation laws, DTAA provisions, and key judicial interpretations.
ITAT Pune ruling on Sheetal Collection clarifies no written retraction is needed for statements under Section 133A of the Income-tax Act.
Get an Excel EMI & SIP calculator to plan loan repayment schedules and future investments. Simplify financial planning with detailed breakdowns and projections.
