The Finance Bill 2020, presented the Vivaad se Vishwas scheme [VVS]. The government introduced this scheme because they are positive to receive Rs. 9 lacs crore’s sum, which is stuck into tax litigations. As per a recent conference of date, 6th March on ” VVS” between “The CBDT” officials and the multiple industries spoke persons […]
Expansion of Indian defence manufacturing industry and how Indian government supporting it with best possible manners and resources.
Application for obtaining certificate of start-up recognition can be filed I) during application process of Intellectual property rights (IPR) i.e. Patent, Trademark, Copyright, Design etc. or ii) after obtaining certificate of registration.
Delhi High Court has held that the situs of an intangible asset is the situs of the owner of that asset and therefore the transfer of such asset by a nonresident would not be taxable in India even if the asset was being commercially used in India.
