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’)...
SEBI Delisting Regulations 2024
On 25th September 2024, Securities and Exchange Board of India (“SEBI”) issued Securities and Exchange Board...
Determination of deal value under the Competition Act
In our previous article titled ‘Amendments in merger regulations under Competition Act’ we learnt about the...