Interest on advances used for providing interest free advances to WOS, allowable as business expenses
Bombay High Court in its latest judgement in case of Essar Infraprojects Ltd [Income Tax Appeal
Delhi ITAT Delhi ITAT held that ‘Unlikely recoverable’ SPA escrow amounts shall be excluded for capital gains computation
Assessee-Company, engaged in manufacture, selling and trading of automotive tyres, tubes and flaps, filed the return of
Listing on international exchanges in GIFT City
The Ministry of Finance has amended Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and notified the
No stamp duty and registration fees requirements upon change of name of company
Himachal Pradesh High Court reiterated that stamp duty registration fees requirements does not trigger upon change
Brought forward losses on change in shareholding where all shareholders belong to the same group
Recently, Mumbai ITAT in case of Hiranandani Healthcare Pvt Ltd [(2023) 157 taxmann 551 (Mumbai-Trib) dated
HDFC and HDFC Bank merger, unlocking a financial services giants
HDFC Investments Limited (“HIL” or “the Transferor Company 1”) was incorporated on December 20, 1994 as
Merger to create large scale IT Company
Larsen & Toubro Infotech Limited (“LTl” or the Transferee Company”) was incorporated on December 23, 1996
Trade Credit for Import under FEMA
Trade Credit for Import under FEMA For the smooth running of business, working capital plays an
Elimination of multi-tier structure for direct holding by promoters
Makesense Technologies Limited (“MTL” or “the Transferor Company”) is a company incorporated under the provisions of
Lending in Rupee Denominated Foreign loan under FEMA
As discussed in the article ‘Borrowing and Lending under FEMA, an Overview’, FEMA provisions controls the