India’s merger control regime struggles to regulate asset-light, data-driven digital deals despite new deal value thresholds introduced in 2023.
Learn effective tax-saving strategies by avoiding illiquid investments like NPS and using ELSS wisely. Prioritize protection with insurance and leverage HRA and 44ADA.
A summary of landmark GST judgments shaping ITC, refunds, jurisdiction, and procedural safeguards under GST by Supreme Court and High Courts in India.
ITAT Mumbai held that set off of loss of Permanent Establishment [PE] against the interest income received from External Commercial Borrowing, on which benefit of concessional rate tax availed, is allowable. Accordingly, appeal allowed to that extent.
ITAT Agra held that property purchased, being four shops at ground floor and one room at first floor, was predominantly commercial in nature and hence disqualifies for exemption under section 54 of the Income Tax Act. Hence, appeal dismissed.
Explore India’s reformed Green Channel framework for M&A approvals, analyzing the impact of new regulations on efficiency, compliance, and potential deterrents for businesses.
SEBI invites comments on draft circular for Electronic Book Provider platform to streamline ZCZP instrument issuance by Not for Profit Organizations on Social Stock Exchange.
The Rajasthan High Court maintained a stay order in Mohit Kirana Store vs. CBIC, questioning the legality of a circular delegating summons power under the GST Act.
Explore legal frameworks in the UK, Australia, and India regulating phoenix companies. Understand how these nations address fraudulent practices and protect creditors.
Himachal Pradesh High Court held that date of making payment under Sabka Vishwas [Legacy Dispute Resolution] Scheme [SVLDR Scheme] extended due to COVID pandemic since denying benefit of SVLDR Scheme would be contrary to the object of the scheme.
