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International Tax Perspective – Part I Permanent Establishments (PE)

May 5, 2020 4695 Views 0 comment Print

What are Permanent Establishments? The most important issue in the treaty based international fiscal law is the concept of Permanent Establishment (PE). All the models of conventions namely:

Covid-19 Impact on Infrastructure and Energy Sector

May 5, 2020 1041 Views 0 comment Print

Impact on Infrastructure Sector Q 1. What is the impact of the pandemic Covid-19 and the 21 day lockdown on the Infrastructure Sector in India? Ans: Due to the pandemic Covid-19, the Infrastructure Sector and the projects have been stopped until further orders and have been on a standstill in lieu of the directions of […]

Delhi HC on Domain Name and Anti-Injunction Suit

April 28, 2020 930 Views 0 comment Print

The Court, in the present case, had appropriately restrained the Suit filed by the Defendant before the Eastern District of New York on the ground of being vexatious and oppressive. Further the Court rightly considered that Domain name is akin to a Trademark.

Enforcement of A Foreign Award & Public Policy of India under Arbitration Act

April 22, 2020 1173 Views 0 comment Print

The Court was satisfied that enforcement of such foreign award shall be against the public policy of India and therefore, the award was denied enforcement. This Court further held that the award could be enforced as per Section 7 (1) (a) (i) of the Foreign Awards Act which protects the parties who are under inability to perform their obligations because of laws applicable or because of invalidity of the agreement.

Covid-19 Outbreak: Techno, Commercial & Legal View on Indian Businesses

April 21, 2020 963 Views 0 comment Print

Evaluation of Impact on Economy Traders at the receiving end of problems. Companies – Will they perish under the burden of the statutory and regulatory compliance? Will MSMEs sink with the economy? Increase in demand of Life & Health Insurance. Pharma Sector, the need of the hour! Logistics – Is it affecting the supply chain? Impact […]

Covid-19 – How are you placed -Assesses Your Business Risk

April 21, 2020 447 Views 0 comment Print

How are you placed?  The pandemic crisis of Covid-19 has brought legal professionals on their toes to assess the risk and guide business houses as to how to be in a damage control mode. The assessment would revolve around pre-Covid-19, during Covid-19 and post Covid-19 stages since, at present, if the implications are not anticipated […]

Impact of COVID-19 on Pharma Sector

April 17, 2020 6837 Views 1 comment Print

Pharmaceuticals  have  always  been  a  huge  component of  India’s ever-growing  trade  expansion strategy,  especially  since the  country has already stated  its goal of diversification  of exports  both in terms of the  products  that  are being  exported and the  countries  to which they are exported. India is a leading  exporter  of generic  drugs across the world […]

Impact on MSMEs amidst COVID-19

April 17, 2020 2199 Views 0 comment Print

Micro Small & Medium Enterprises MSMEs have played a vital role in our economy and with low investment, it is giving the maximum employment in the country providing wide area of products and services. During the lockdown, the MSMEs are suffering because of the sudden break in operations, thereby creating a situation of panic. Some […]

Intellectual Property Rights vis-à-vis COVID-19

April 16, 2020 3564 Views 0 comment Print

What does the economy need? For an economy to grow and its consumer society to prosper, intellectual property serves as an underpinning factor for the country. To fight the present Pandemic, it is even more quintessential as it is a fundamental instrument to help nations fight together. Globally, the pharmaceutical and biotechnological companies are striving […]

Section 24 of General Clause Act, 1897- Applicable even when Repeal is by Implication: SC

April 16, 2020 6879 Views 3 comments Print

M/s. Fibre Boards (P) Ltd. Bangalore Vs. CIT (Supreme Court), Civil Appeal Nos. 5525-5526 of 2005,  Dated- 11th August 2015 BACKGROUND Prior to 01.04.1988 Section 280ZA of the Income Tax Act, 1961 (‘Act’) provided that any company owning an industrial undertaking situated in an urban area, is entitled for a tax credit certificate with reference […]

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