Article VII of the General Agreement on Tariffs and Trade (GATT) Code of Valuation establishes that the primary method for determining the value of imported […]
Understanding Moratorium in Insolvency and Bankruptcy Proceedings
Section 14 of the Insolvency and Bankruptcy Code (IBC) was enforced with effect from 1 December 2016 through Notification No. S.O. 3594(E) dated 30 November […]
Adjudication, Appeals, and Penalties under the Insolvency and Bankruptcy Code for Corporate Entities
Under the Insolvency and Bankruptcy Code, 2016, the Adjudicating Authority for insolvency resolution and liquidation of corporate persons, including corporate debtors and their guarantors, is […]
Understanding TDS on Rent under Section 194I
Tax Deducted at Source (TDS) on rent payments is governed by Section 194I of the Income Tax Act, which plays a critical role in ensuring […]
Governance Challenges in PSUs and the Impact of Corporate Political Contributions
Public enterprises in India are classified into three main categories. The first category consists of departmental undertakings that operate directly under government control. The second […]
Governance Framework for Producer Companies under the Companies Act 2013
Producer Companies are a unique form of corporate entity introduced in India to empower producers, particularly those engaged in agriculture, handloom, handicrafts, and other cottage […]
Regulatory Compliance Requirements for Listed Companies Under the Companies Act
The introduction of the Companies Act, 2013, marked a significant change in the regulatory framework governing companies in India. From its enforcement in 2014, the […]
Perspectives on Refund of Deposits During Searches and Investigations
The process of refunding deposits during searches or investigations under the Central Goods and Services Tax Act, 2017, is a complex issue that intersects constitutional […]
Overview of Amendments in ITR-2, ITR-3, and ITR-5 for AY 2024-25
The Income Tax Department has introduced significant changes in the Income Tax Return forms ITR-2, ITR-3, and ITR-5 for the Assessment Year 2024-25. These changes […]
Understanding the Legal Framework and Procedures of LRS
The Liberalised Foreign Remittances Scheme (LRS) is a regulatory framework introduced by the Reserve Bank of India to facilitate the remittance of foreign exchange by […]
Understanding TDS Provisions: Sections 192 to 194DA of the Income Tax Act
The Income Tax Act has provisions to collect tax at the source of income to prevent tax evasion. This mechanism is known as Tax Deducted […]
Landmark Court Decisions on Permanent Establishment in Tax Treaties
The concept of Permanent Establishment (PE) is fundamental in international taxation and is widely used in tax treaties to determine when a foreign enterprise has […]
Understanding Tax Implications on Conversion of Unaccounted Income
Section 56(2)(x) of the Income Tax Act deals with taxation of certain gifts received by an individual or other person. If any person receives specified […]
Understanding SEBI’s Revamped InvIT Rules and Subordinate Units Concept
The Securities and Exchange Board of India (SEBI) has introduced important amendments to the regulatory framework governing Infrastructure Investment Trusts (InvITs). These changes, detailed in […]
Understanding the 300-Day Deadline for Filing Resolutions in e-Form MGT-14 with RoC
Under the Companies Act 2013, companies are required to file certain resolutions and agreements with the Registrar of Companies (RoC). This filing is intended to […]