Treatment of Share Premium in FDI Transactions
Introduction The foreign direct investment (FDI) landscape in India has undergone significant transformation over the past few decades, evolving from a restrictive regime to a prog
Stamp Duty on Gift Shares: Navigating Legal Considerations and Implications
Introduction When it comes to gifting shares, there’s often confusion surrounding the need for a Gift Deed and the stamp duty implications. This article aims to clarify these asp
The Role and Powers of the Assessing Officer in the Light of the National Company Law Tribunal’s Decision
Introduction This is a comprehensive analysis of the case involving Gayatri Projects Ltd. and the Principal Chief Commissioner of Income-tax, Hyderabad. In the realm of taxation an
Constitution of Committee of Creditor
Introduction: A creditors’ committee is a group of people who represent a company’s creditors in a bankruptcy proceeding. As such, a creditors’ committee has
INCOME FROM HOUSE PROPERTY
Introduction: Earnings from capital asset refers to any income earned from a house property, either in the form of rent or through its sale. The Income Tax Act treats any property,
TAX SYSTEM IN INDIA
The tax structure comprises the federal government, state governments, and municipal governments. In India, taxes are classified into two parts: direct and indirect taxes. Direct t
Cryptocurrency- brief overview of regulation.
Cryptocurrencies have gained a lot of traction in recent times in India which is home to one of the largest markets for cryptocurrencies in the world. According to a report, the co
Compliance to be followed by Resolution Professional Under GST
Introduction According to Insolvency and Bankruptcy Code (IBC), 2016, once a business defaults certain threshold amount, Corporate Insolvency Resolution Process or CIRP gets trigge