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DEEMED VALUATION MECHANISM
Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
Punjab and Haryana HC grants interim relief on GST levy on corporate guaranteesThe Punjab and Haryana High Court has provided interim relief to Panacea Biotec. The court has stayed any coercive action regarding Goods a...
Bye, treaty shopping, yeh Tiger zinda haiSupreme Court has declared that Tiger Global must fulfill its tax liabilities stemming from the sale of its Flipkart shares. This impactful...
Courts have authority to determine rate of interest: Supreme CourtThe Supreme Court ruled courts can set interest rates and decide payment start dates in legal disputes based on case specifics. This came i...
IPO allotment quotas don't need tinkeringInvestment banks are urging Sebi to reduce the retail investors' IPO quota, arguing it affects price discovery. However, retail participati...
Infosys vs $4 billion GST: CBIC sensitises officials about June circular as tax experts bat for clarityOn July 30, Bengaluru-headquartered tech firm Infosys received a Rs 32,403 crore pre-show cause notice from the Directorate General of GST ...
Abolition of angel tax will boost startup ecosystem: CBDT chairmanCBDT Chairman Ravi Agrawal said the removal of this tax will act to boost the startup ecosystem in India. He would urge the community to "p...
This isn’t Hotel California! Sebi’s new delisting rules signals maturity of Indian equity marketThis week not only did we overcome a 17 year wait to get into the World Cup final, but we also overcame a waiting period of 19 years to gai...
Income Tax lens on Google, Amazon & Apple for likely Rs 5,000 crore demandThe nub of the matter is the methodology followed in TP adjustments, resulting in what the department views as possible tax liabilities. Th...
View: It's testing time for Indian gaming industry, but probably a good time for investorsThe Indian gaming industry, valued at $2.6 billion, is eagerly awaiting the Gameskraft hearing on October 10. Despite predictions that the ...
Overhauling of delisting norm – a step towards the right directionCurrently, a delisting is considered successful when (a) the post-offer shareholding of the acquirer, along with the shares tendered by the...
Corporate guarantees given to subsidiaries land many Indian holding companies in a GST pickleGST authorities hold the corporate guarantee given by a holding company to its subsidiary to be a free supply between related parties, thus...
Govt can support exporters by addressing existing gaps, ambiguity in GST regulationsExperts suggested that it is important the government bring some clarity whether exporters will have to pay GST on reverse charge mechanism...
Businesses may have to reassess tax liability, ongoing M&As after slump sale rule changeThe slump sale amendment rules notified on Monday by the Central Board of Direct Taxes provide for taking the higher of the fair value of t...
Tata Sons-Shapoorji Pallonji Group separation not likely to be amicableTata Sons is understood to be awaiting the Supreme Court view on Article 75 of the firm’s Articles of Association (AoA) which cannot be inv...
Global IT companies told to assign value to brandsIndustry trackers said currently there is no valuation mechanism for global technology companies in India. In most cases, a brand licensing...
Valuation rules under GST could lead to transfer pricing disputesTax officers can question and demand tax in case they suspect that companies are escaping taxes, which will make matters worse for them.
Companies can avail up to 40 per cent GST Credit for excise already paid on stocksThe new set of rules defines transition for companies, dealers and retailers that will have stocks, with taxes paid under the previous regi...
Notices to Essar, Voda, HSBC for Rs 35k-cr under-reportingTax authorities in the Mumbai circle have issued demand notices to a clutch of companies claiming the firms under-reported revenues.
- Gas pricing conundrum
Require better scope for price discovery in the national market.