Whether capital reduction can be construed to be ‘transfer’ ?
Supreme Court (‘SC’) in the case of Jupiter Capital Pvt Ltd[1] (‘Assessee’) has held that the
Whether section 56(2)(x) of the IT Act apply on ‘Interest in partnership firm’ ?
Recently Bengaluru bench of Income Tax Appellate Tribunal (‘the ITAT’) in case of Buckeye Trust (‘Taxpayer’)
Delhi: Payment of stamp duty on WOS merger under ‘conveyance’ entry
Hon’ble Delhi High Court in the matter of Ambuja Cements[1], passes an important judgement regarding the
Interest on perpetual debenture, an allowable expenditure?
Mumbai ITAT in case of TMF Holdings Ltd (‘Assessee’)[1], has held that the interest paid on
Reclassification of portfolio investment into Foreign Direct Investments
The Reserve Bank of India (RBI), in consultation with the Government of India (GoI) and the
ESOPs, a wealth generating tool?
With the successful listing of Swiggy Ltd (‘Swiggy’) on the recognised stock exchanges in India, around
Whether the treatment of capital reserve arising out of merger is benefit?
ITAT Mumbai in the case of Samagra Wealthmax Private Limited[1] holds that capital reserve arising on
Can a tax officer exercise its power beyond statutory limitations?
Recently, the Income Tax Appellate Tribunal, Bangalore bench (‘ITAT’) passed on order dated October 8, 2024
Computation of maximum marginal tax rate applicable to private discretionary trust
In the recent order by Hon’ble Income Tax Appellate Tribunal, Mumbai bench (‘the ITAT’), it was
SC: tax treatment of guarantee fees is not akin to interest
On 4th October 2024, the Hon’ble Supreme Court of India dismissed a Special Leave Petition (‘SLP’)