The Income Tax Act, 1961 (IT Act) contains several provisions to prevent tax evasion.

According to the department, serving bananas to the customer in a hotel room was an exempt supply of goods, not involving any element of service.

2018 was an eventful year for the corporate governance regulatory framework in India. The Securities and Exchange Board of India (SEBI) ...

The Securities and Exchange Board of India (SEBI) has introduced a framework for issuance of depository receipts (DRs) by companies listed or to be listed in India ( DR Framework),

In the aftermath of the Saradha scam, the Standing Committee of Finance (Committee) in its 21st report dated September 21, 2015 suggested the introduction ...

Mergers are compared to marriages. As a union of companies, they require patience and understanding, but they also involve a large amount of paperwork.

In part one of this two-part blog series, we looked at the challenges and new approaches that are being devised to increase ...

Over the past few years, many Indian business families have established estate planning structures, many of which comprise one or more family trusts.

Private equity (PE) transactions in India conventionally comprised minority investments in Indian companies.

The constitution validity of Entry Tax has faced a series of challenges.

A ‘Fixed Place PE' relates to a non-resident entity having a fixed place of business in the source country. But certain tax treaties also provide for a ‘Service PE'.

The concept of dual residence crucially affects taxation of non-resident Indians and individuals who travel frequently ...

So far this year, Indian financial sector regulators have taken steps towards adapting financial sector regulations to encourage the use of new technology.

Consider this: you purchased a rare Jackson Pollock painting from a prestigious auction house's website, the auction house even provided you with a "Certificate of Authenticity".

Given prevailing market conditions, Indian corporates have increasingly been facing issues in accessing credit from onshore loan and debt capital markets.

The norms surrounding foreign portfolio investors have undergone continuous changes and tweaks since liberalisation. The framework introduced ...

Most frequent fliers would have been familiar with the requirement to power off personal electronic devices (PEDs) for the duration of domestic flights.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) in its recent order has held that mere non-procurement of an occupancy certificate by a developer does not make the developer liable

RERA empowers the Regulator to direct real estate developers to produce their books of accounts.

The business form of Limited Liability Partnership (LLP) became available in India when the Limited Liability Partnership Act, 2008 (LLP Act) ...