Insights & Resources

ITAT rules: Loans between entities with common shareholders are not 'deemed dividends' under Income-Tax Act s. 2(22)(e).

Introduction The Hon’ble Supreme Court (‘SC’) in its recent judgment titled Mohd Abaad Ali v. Directorate of Revenue Prosecution...

Introduction In this significant decision given in the case of Directorate of Enforcement v. Niraj Tyagi & Ors. [i] , the Hon’ble...

Supreme Court clarifies procedural norms in a unique PMLA case, highlighting judicial diligence.

Introduction The case of Sanjay Singh v. Directorate of Enforcement [i] pertained to the alleged involvement of Aam Aadmi Party ( ‘AAP’...

Karnataka HC rules that Venture Capital Trusts are not "persons" under the Finance Act, 1994, exempting them from service tax liability.

Introduction The Hon’ble Bombay High Court ( ‘Bombay HC’ ) has recently in its judgment in Unique Trading Company v. Income Tax Officer...

Introduction In the matter of Exalogic Solutions Private Limited v. The Director, Serious Fraud Investigation Office and Anr. [i] , the...

Introduction The Insolvency and Bankruptcy Board of India ( ‘IBBI’ ) through Press Release [i] , has recently implemented substantial...

Introduction The Insolvency and Bankruptcy Board of India ( ‘IBBI’ ) recently introduced a significant circular [i] for...

Introduction The Hon’ble Supreme Court ( ‘SC’ ) in its landmark judgment of Association for Democratic Reforms & Anr. v. Union of India &...

Introduction The Insolvency and Bankruptcy Board of India ( ‘IBBI’ ) has recently introduced significant amendments through the IBBI...