Searched for
JEENENDRA BHANDARI
Taxmen come calling on PE fund managers. Those working out of India have received notices from the investigation wingMost PE fund managers working out of India have received notices from the investigation wing of the income tax department seeking details o...
Chartered Accountancy Bill: Proposal to have non-CAs in ICAI panel irks fraternityThe rejig in composition changes the power equation in favour of non-CAs in the committee which oversees the complaints and enquiries relat...
Revenge spending: Auditors are facing a new challengeGoing concern is a concept in auditing where auditors have to raise red flags for heavily debt ridden or other companies on whether they wo...
Marque angel investors pick up stake in Wellbeing NutritionThe investment values the startup anywhere around Rs 100 crore, said another person with direct knowledge of the matter.
Circumventing FDI rules: Chinese investors can still invest in Indian companiesFirms looking to raise funds from Chinese investors are exploring the limited liability partnership model.
Investments via Hong Kong under a cloud, PE funds in a scrambleThe tweak in the policy could impact billions of dollars of future investment into India
CBDT withdraws circular on share valuation after Cong claims ‘win’The withdrawal means that the taxman will again start challenging valuations in cases where there was a fresh issuance of shares.
Companies get tax demands on ‘high’ premiums in FDI, M&A & share allotment dealsTax demands were made even in cases where premium of Rs 1 was paid per share over the fair market value.
Payments majors Visa, Mastercard and American Express may be taxed on India incomeAfter central bank directive on data storage, global payments companies may have to pay 15% tax.
Tax experts under income-tax lens for valuation of startupsThe tax authorities say that the funding received over and above the fair market value of a startup must be considered as its income and no...
Tax planning at the core of several corporate restructurings in last few monthsApart from GAAR and MAT some of the companies are also taking in to account the future capital gains tax, say industry experts.
Realty, infra cos face higher tax outgo under new ruleThe government is expected to categorise investments through non-convertible debentures (NCDs) and the dividend paid on that also as debt.
Warburg Pincus picks up 14 per cent in PVR for Rs 820 croreAfter the sale, promoter Bijli and his family will retain control as the largest shareholder with 20 per cent, while both Multiples and War...
Levy on e-commerce companies a broader issue in the taxation regime: Tax expertsIn the budget announcement the government said that such a levy would only be on companies that have a permanent establishment or PE in Ind...
Interest on FDs to be taxed, maintenance to go up- City Hsg Societies Get I-T NoticesMany residential societies, including those in posh Worli, Bandra and Lower Parel areas, have received income-tax notices in the past coupl...
Green card may no longer be a valuable asset for NRIs as Fatca sword hangs over their headsFor those who think the Indian authorities are a tenacious lot, they ain’t seen nothin’ yet, namely the US Internal Revenue Service in acti...
Why CAs are now mentoring startups and putting in funds tooThe boom in the startup ecosystem has caught the attention of CAs, some of whom are seeking an equity stake for the non-audit services they...