The former Chief Executive Officer of Safal Life Science (P) Ltd. filed a criminal complaint under Sections 420 (cheating), 406 (criminal breach of trust), and 34 (acts done by several persons with common intent) of the erstwhile Indian Penal Code, 1860 ...

In a recent ruling, the Supreme Court resolved a long-standing dispute between JK Jute Mill Mazdoor Morcha and Juggilal Kamlapat Jute Mills Company Limited by allowing registered trade unions ...

From press reports, it appears that the Pune Labour Commissioner's office has sent a notice to Amazon questioning the validity of the VSP.

In a recent ruling, the Hyderabad Income Tax Appellate Tribunal has, in the Vertex Projects case, held that if shares are received in a scheme of amalgamation by an amalgamated company being less than the fair market value...

In the Ayodhya Rami Reddy Alla (the "Taxpayer") case, the Telangana High Court (the "THC") held that, while considering a tax avoidance device, the proper way to construe a taxing statute...

Recognizing the prevalence of flexible hybrid working models and taking into account industry demands, the Ministry of Commerce and Industry, Government of India...

India's insurance industry is on the brink of transformative changes with the anticipated introduction of the Insurance Amendment Bill (the "Bill")...

Recently, in the case of Cobra Instalaciones Y Servicios v. Haryana Vidyut Prasaran Nigam Ltd, the Delhi High Court (DHC) ...

In the Air India Limited case, the Delhi High Court has, once again, reiterated that for payments made by an Indian tax resident to a non-resident, the Indian payor will be correct in applying the withholding tax rate ...

In a recent ruling, the Jaipur bench of the Income Tax Appellate Tribunal (the "Tribunal") has upheld that there will be no Equalisation Levy on Google advertisement payments made by...

The Insurance Regulatory and Development Authority of India (the "IRDAI") has circulated an exposure draft of the IRDAI (Registration, Capital Structure, Transfer of Shares and Amalgamation of Indian Insurance Companies) Regulations, 2024.

The Ministry of Corporate Affairs (the "MCA") has recently issued a public notice inviting comments on the draft Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 (the "Draft Amendment Rules").

n the recent MIH India (Mauritius) Limited case, the Delhi Bench of the Income-tax Appellate Tribunal (the "Delhi Tribunal") held that the income earned by way of capital gains by a Mauritius...

An individual salaried taxpayer (the "Individual") purchased bitcoins during the financial year 2015-16 and sold them in the financial year 2020-21.

Pursuant to a favourable tax ruling for Tiger Global Eight Holdings in the Policybazar case, in the Flipkart Singapore case involving Tiger Global International Holdings (the "Taxpayer")...

In a recent ruling, India's Supreme Court has held that the term "management and control" of a company means where the head, seat and the directing power of the business affairs lie.

In the case of X Corp. v. Union of India (W.P. No. 13710 of 2022), the Karnataka High Court recently dismissed a writ petition filed by Twitter, Inc. ("Twitter") against certain blocking...

On the occasion of Income Tax Day, the firm's tax team, headed by Ravi S. Raghavan, has compiled noteworthy tax law changes and happenings over the last year.

Amidst continuing uncertainty regarding the pandemic, the office of the Development Commissioner, Santacruz Electronic Export Processing Zone ("SEEPZ")...

In the recent case of Bray Controls South East Asia Pte Ltd v. Commissioner of Income (International Taxation), W.P.(C) 17911/2024, the Delhi High Court examined an intragroup transfer of shares ...