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Morvi Chaturvedi

Latest Posts by Morvi Chaturvedi

Applicability & Implications of Section 115BAA of Income Tax

January 28, 2021 152616 Views 10 comments Print

Section 115BAA was introduced by the Government of India through the Taxation (Amendment) Ordinance 2019 on the 20th of September 2019 with the objective of proffering reduced rates of taxes to domestic companies.

Demystifying the Majesco Dividend Facade

January 28, 2021 3921 Views 0 comment Print

Tax Implications of Majesco Ltd.’s Dividend Declaration on 15th December 2020 Easy dividend income seemed like a no brainer on 15th December 2020 when the board of Majesco Ltd. declared an interim dividend of Rs. 974 per share, i.e., dividend higher than its prevailing market price of Rs. 972. As retail investors hopped on the […]

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