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
Amendments in merger regulations under the Competition Act
On September 9, 2024, Ministry of Corporate Affairs, Government of India notified certain provisions of the
Impetus to reverse Flip structures
On September 9, 2024, the Ministry of Corporate Affairs (“MCA”), Government of India introduced a much-awaited
Refund of stamp duty granted in case of delayed application
Recently Bombay High Court1 in its judgement held that application for refund of stamp duty can
Swap of shares under FDI regulations
On August 16, 2024, the Government of India, introduced some of the key amendments to the
Off market sale of securities tantamount to colorable device
Recently, Mumbai ITAT has held that long term capital loss (‘LTCL’) from off market sale
Tax treatment for Guarantee fees income is not akin to Interest income
In the present case, Johnson Matthey Public Limited Company1 (the Assessee), is a tax resident of