Most PE fund managers working out of India have received notices from the investigation wing of the income tax department seeking details o...

The rejig in composition changes the power equation in favour of non-CAs in the committee which oversees the complaints and enquiries relat...

Going concern is a concept in auditing where auditors have to raise red flags for heavily debt ridden or other companies on whether they wo...

The investment values the startup anywhere around Rs 100 crore, said another person with direct knowledge of the matter.

Firms looking to raise funds from Chinese investors are exploring the limited liability partnership model.

The tweak in the policy could impact billions of dollars of future investment into India

The deal, which is part of Xiaomi’s efforts to increase its presence in the Indian mobile application space, values chalo.com at around Rs ...

The withdrawal means that the taxman will again start challenging valuations in cases where there was a fresh issuance of shares.

Tax demands were made even in cases where premium of Rs 1 was paid per share over the fair market value.

After central bank directive on data storage, global payments companies may have to pay 15% tax.

The 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...

Apart from GAAR and MAT some of the companies are also taking in to account the future capital gains tax, say industry experts.

The government is expected to categorise investments through non-convertible debentures (NCDs) and the dividend paid on that also as debt.

After the sale, promoter Bijli and his family will retain control as the largest shareholder with 20 per cent, while both Multiples and War...

In the budget announcement the government said that such a levy would only be on companies that have a permanent establishment or PE in Ind...

For those who think the Indian authorities are a tenacious lot, they ain’t seen nothin’ yet, namely the US Internal Revenue Service in acti...

The 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...