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
Unveiling the Shadow Economy: Understanding Undisclosed Sources of Income and Its Tax Implications
Introduction: Undisclosed Sources of Income in the Indian Tax System In the complex world of taxation, one of the most challenging aspects for tax authorities is dealing with undis
Understanding Slump Sales: A Comprehensive Guide
Introduction and Meaning A slump sale refers to the transfer of an entire business undertaking, or part thereof, from one entity to another as a going concern. In a slump sale, all
An In-depth Analysis of Section 115BAC: Understanding the Optional Scheme vs. Default Scheme of Taxation
Introduction: The landscape of taxation in India has witnessed significant changes over the years, with amendments and new provisions being introduced to streamline the system and