Understanding side pocketing and its impact on debt fund investors. Learn how Franklin Templeton Mutual Fund side pocketed its schemes due to bad assets.
GST which turned many stones over a time span of 5 years much remains still to be done. Let us look at what rare feats GST has achieved over the years and what challenges lies ahead .
Distinction between Section 9B and Section 45(4) of Income Tax Act 1961. Since the insertion of Section 9B there has been lot of discussion regarding the distinction between the two sections. Let’s throw some light on the applicability to make the blurred line visible – Section 9B is attracted when (Firm / AOP/ BOI) transfers […]