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...
Why it is important to check residential status inspite of source-based taxation?
In India, in order to determine tax liability, it is important to determine residential status under...
NCLAT allows appeal challenging NCLT order rejecting a scheme for amalgamation based on ‘Appointed Date’
A scheme of arrangement is usually conditional upon the satisfaction of specified conditions as mentioned under...
Reverse merger of listed company into its wholly owned unlisted subsidiary
Grandeur Products Limited (‘the Transferor Company’ or ‘Grandeur’) is a company incorporated under the provisions of...
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...
Outbound Demergers, permissible?
Ahmedabad NCLT [1] rejected the Scheme of Arrangement which envisaged a cross border arrangement for outbound...
Consolidation and unlocking of value through demerger
RDB Realty & Infrastructure Limited (‘the Demerged Company’ or ‘RDB Realty’) is an existing company registered...
Corporate Gift under group re-organisation involving company in tax heaven, not exempt
Internal re-organization of multinational companies are effective tool to streamline the shareholding patterns and process of...
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...