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Your search for ‘Nishith Desai Associates’ returned 1,099 results

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  • Article

    Foreign Tax Credit Rules Notified: Clarity For Indian Taxpayers Going Global

    Huge relief to taxpayers in terms of providing for procedural mechanisms to effectuate foreign tax credit as envisaged under the Income Tax Act and Double Taxation Avoidance Agreements.
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Globalizing India Inc - Tribunal Holds Corporate Guarantee For Benefit Of Offshore Subsidiary Not Subject To Transfer Pricing Adjustments

    No transfer pricing adjustment can be made on corporate guarantees issued by an Indian parent company for the benefit of its overseas subsidiary without charging any guarantee fee/ commission.
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
Article

NCLT Refuses To Sanction Merger Scheme On Tax Avoidance Grounds

Recently, the NCLT refused to sanction a scheme of amalgamation between AJL and GIPL on the ground that the scheme was designed purely for the avoidance of tax and was not in the public interest.
IndiaTax
Nishith Desai Associates
Nishith Desai Associates
  • Article

    Payments For Online Subscription Services Not To Be Taxed As Royalty

    The ITAT affirms that fees paid for accessing an online database should not be treated as royalty or FTS but rather business income.
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Supreme Court Claws Into Jaiprakash Associates To Protect Home Buyers

    In a move to protect the interest of home buyers, the Supreme Court ("Court") has recently passed an interim order directing Jaiprakash Associates Limited ("JAL")...
    IndiaReal Estate and Construction
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Clarity To Ambiguities In FDI In E-Commerce – Will It Reduce Litigation?

    Department of Industrial Policy and Promotion ("DIPP") on March 29, 2016, has provided certain guidelines on foreign direct investment ("FDI") in e-commerce trading entities and e-commerce market place entities.
    IndiaGovernment, Public Sector
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Courts Have No Freehand In Substituting Arbitrators

    The Supreme Court in an unprecedented case of Rajasthan Small Industries Corporation Limited v. M/s Ganesh Containers Movers Syndicate, set aside the arbitral award exercising powers under Article 142 of the Constitution of India.
    IndiaLitigation, Mediation & Arbitration
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    India Mauritius Tax Treaty Renegotiated

    India and Mauritius have signed a protocol ("Protocol") amending the double tax avoidance arrangement between the two countries ("India-Mauritius DTAA").
    IndiaTax
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Empowering Investors By Extinguishing Antecedent Liabilities Under The Indian Insolvency Code

    Section 32A was introduced into the Insolvency and Bankruptcy Code, 2016 ("IBC"), with the aim of shielding existing and incoming investors from the impact of offences...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Competition Commission Nips Litigation At The Bud – Dismisses Cases Against Ola And Uber

    CCI upholds that access to funding and innovative technology or models enabling an entity to provide discounts and incentives did not create entry barriers and is not anti-competitive.
    IndiaAntitrust/Competition Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Delhi High Court: CCI Has Inherent Powers To Review/Recall Its Orders

    This judgment would definitely encourage CCI to improve administration of its own functions as it is granted flexibility to recall its orders where the circumstances warrant a modification.
    IndiaAntitrust/Competition Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Revamping The Scheme Of Arrangement/Amalgamation Requirements For Listed Entities – SEBI Overhauls The Regulatory Framework!

    In line with the decision at the Securities and Exchange Board of India ("SEBI") board meeting dated January 14, 2017 ("Board Meeting") to overhaul the regulatory framework governing schemes of arrangement...
    IndiaCorporate/Commercial Law
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Advisory Board Or LPAC In The Indian AIF Context (June-July 2019 Edition, Part I)

    The Securities and Exchange Board of India ("SEBI") regulates Alternative Investment Funds ("AIFs") in India under the SEBI (Alternative Investment Funds) Regulations, 2012 (the "AIF Regulations").
    IndiaFinance and Banking
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Draft Compensation Formula For Clinical Trial Related Injury Proposed

    DCGI has published a draft formula for calculating compensation payable to a clinical trial participant when the subject suffers an injury owing to his or her participation.
    IndiaFood, Drugs, Healthcare, Life Sciences
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Bankruptcy Code: Ghost Of Retrospectivity Returns To Haunt

    The Insolvency and Bankruptcy Code, 2016 ("Bankruptcy Code") has proved to be a game-changer for corporate India and has witnessed several key amendments sparked by inputs received from market ...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    New Timelines Under CIRP Regulations: Hits And Misses

    We have discussed the key changes to the timelines below.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Export Of Patented Product By A Non-Patentee For Obtaining Regulatory Approval Allowed: Delhi High Court

    The Division Bench of the Delhi High Court has held that export of a patented product by a non-patentee for the purpose of obtaining regulatory approval is allowed under Section 107A(a) of the Patents Act...
    IndiaIntellectual Property
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    P&H High Court: No Bar In Schedule VII Under The Arbitration And Conciliation Act 1996 Against Former Employees From Being Appointed As Arbitrators

    The 2015 amendments to the Indian Arbitration & Conciliation Act, 1996 ("Amendment Act" or "2015 Amendments"), introduced the Vth Schedule as a guiding tool for clarifying circumstances...
    IndiaLitigation, Mediation & Arbitration
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Privacy And Data Protection In India: 2021 Wrap

    2021 was a blink-and-you-will-miss conveyor belt of activities on privacy and data protection in India. With the din of the absence of a comprehensive data protection law in India louder than ever...
    IndiaPrivacy
    Nishith Desai Associates
    Nishith Desai Associates
  • Article

    Unique Identification Disaster? SC Holds UID Not Mandatory, No Biometric Data To Be Shared Without Consent

    Recently, the Supreme Court passed an ad-interim order in Unique Identification Auth. of India and anr. v. Central Bureau of Investigation.
    IndiaPrivacy
    Nishith Desai Associates
    Nishith Desai Associates
  • Showing 861–880 of 1099 results

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