U-turn of controversial retrospective Vodafone Tax
On August 6, 2021, share price of Vodafone Idea Limited witnessed 20% surge, pursuant to introduction
Case Studies: Reconstitution / Dissolution of Specified Entity
As discussion in article titled ‘Dissolution / Reconstitution of Partnership Firm / LLP / AOP /
Attribution of Profits upon dissolution / reconstitution of LLP / Partnership Firm
Pursuant to the amendment vide Finance Act 2021, in relation to reconstitution or dissolution of Firm
Is Slump Exchange taxable?
Finance Act, 2021, has introduced amendment in the provisions related to slump exchange arrangements. Scope of
Is GOODWILL still good?
Goodwill by its very nature is an intangible asset and always considered as ‘Good’ in the
Dissolution / Reconstitution of Partnership Firm / LLP / AOP / BOI
Finance Act, 2021, amended tax provisions relating to dissolution and reconstitution of a partnership firm /
Digital transactions and tax consequences
In current times, every organization – regardless of its size or industry – increasingly relies on
Liable to tax – end to interpretational issues?
Last year, vide the Finance Act 2020, amendment under section 6 was carried out by inserting
Apex Court holds payment made for use of Software not taxable as Royalty
Taxation of payment for license to use computer software has been one of the most talked
Option price received under a JV agreement for mandatory first sale of shares is a Capital receipt
In a deal scenario, any business arrangement is entered into with various considerations such as sector