SEBI Grants Exemption for Indirect Acquisition in Patel Engineering Limited
The Securities and Exchange Board of India (SEBI) issued an order[1] on July 25, 2025, granting
Supreme Court provide judgement in relation to validity of a document with respect to will vs gift vs settlement deed
The Hon’ble Supreme Court in the case of N.P. Saseendran vs N.P. Ponnamma[1] decided on 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’)
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
Assets held through private family trust, taxable in the hands of beneficiary(ies)?
In India, the concept of joint family has been prevalent since many decades. Also, many such
Tax provisions after Death
When it comes to taxation, India is certainly one of those Countries having complex taxation provisions
Tax status of private discretionary trust is akin to an Individual and not an AOP?
Private Family Trusts are the popular way for succession planning since arrangement for protection of wealth
Transfer of shares to Private Family Trust amounts to benefit/ perquisite?
In India, joint family concept has been prevalent and so the concept of succession. For the
Succession through Gift during lifetime
Succession through Gift during the lifetime of an individual is another mode of inheritance, where during
Succession through HUF Structure
The Concept of HUF is famously adopted in India due to its cultural values amongst Indian