Taxation Law

Rajnandan Gadhi, Joshua Joseph Jose

Sep 7
6 min

Post-MADA v. SAIL: GST's Effect on Mineral Royalty

Authors argue that GST Council’s practice of treating royalty as consideration paid for ‘services’ as opposed to ‘goods’ is erroneous.

Parv Jain

Jul 21
6 min

GST Complexities for Foreign Airlines in India: Resolving the Regulatory Challenges

Implementing the suggested relief measures for foreign airlines would signify a commitment to fostering unprecedented growth.

Ayush Katyayana

Jun 20
7 min

Disallowance of Input Tax Credit on CSR Expenditure: An Unnecessary Dampener for Companies

This article critiques and analyzes the prohibition of ITC on CSR expenditure.

Aliza Khatoon

Mar 16
6 min

The Angel Tax Demonic-Emergence and the Silver Lining of CBDT Proposal

The amendment increases tax liability upon the startup and severely affects their dependency on seed funding during their initial rounds.

Tejaswini Kaushal, Vrinda Gaur

Mar 14
6 min

Anti-Profiteering under the Tax Regime: Does it Safeguard the Interest of MSMEs?

It becomes imperative to align the tax regime regulating MSMEs to promote more sustainable and profitable growth.

Subhasish Pamegam

Dec 24, 2023
7 min

Demystifying CGST Rule 96(10): Legal Challenges and Implications for Exporters

The author, in the present article, attempts to identify the shortcomings and lacunae in Rule 96(10) of the CGST.

Ishika Garg

Nov 3, 2023
6 min

ITC: A Missing Case of Interpretation and Precedents

This piece aims to argue to the contrary by characterizing ITC as a statutory right granted to taxpayers by the CGST Act.

Shashwat Sharma

Oct 18, 2023
6 min

Unraveling the Actionable Claim Conundrum: CGST Act v/s Judicial Wisdom in Games of Skill and Chance

The GST imposition of INR 22,000 crore on a single company is more significant than the profit of the entire gaming industry combined.

Tejawini Kaushal, Vidushi Maheshwari

Oct 4, 2023
7 min

Reimagining Play: Pioneering Balance through a 28% GST Levy on Online Gaming

The imposition of taxation shows a well-rounded strategy that aligns with a broader stance on morality, public welfare and cultural ethos.

Hrishikesh Harathi

Sep 21, 2023
6 min

Section 54EE of Income Tax Act: Addressing the Need for a Better LTCG Exemption for Startups

The article aims to argue that the exemption to LTCG tax given by Section 54EE of the Income-tax Act 1961 is unsuitable for Indian startups.

Ananya Karnwal, Astha Agarwal

Sep 9, 2023
6 min

Reshaping Tax Laws: Stigma of Retrospective Tax Amendments Amidst Supreme Court's Landmark Ruling

With elimination of unreasonable retrospective tax regime, India could inspire trust in the regulatory and tax framework among investors.

Shubham Singh

Aug 6, 2023
5 min

Direct Stress on Indirect Taxes of the Online Gaming Industry

The article explores the ongoing conflict between judiciary and legislature in India regarding regulation and taxation of online gaming.

Parth Birla, Sakshi Tiwari

Jul 25, 2023
7 min

Taxing Unearned Income: An Insight into Windfall Taxes

Coherent to its volatile nature the windfall tax domain presents varied benefits and losses to different stakeholders.

Swetha Somu

Jun 24, 2023
6 min

Legatum Ventures Limited v. ACIT: Ramifications in the Legal Sphere

The article analyses the recent order interpreting Sections 112(1)(c)(iii) and 48 of the Income-tax Act 1961.

Vaishnavi Chandrakar

Jun 15, 2023
7 min

Unveiling Non-Taxability of Compensation Payment to Cricket South Africa under the India-SA DTAA

This piece delves into the intricate facets of BCCI v. Dy. Commissioner of Income Tax.

Ishita Khandelwal, Janhavi Mahalik

May 30, 2023
5 min

Addressing The Conundrum Of Angel Tax Amendment Circumventing The Start-Up Regime

Authors hope that the angel tax amendment is given another perspective due to inherent challenges.

Khush Bhachawat

May 8, 2023
7 min

Carry Forward of Losses in M&A: Identifying Beneficial Holder Upon Shareholding Change in Group Cos

The language and intent of Section 79 necessitates that the corporate veil is pierced by looking at the substance of the transaction.

Venkata Kartheek Vegesana

Apr 14, 2023
4 min

Analysing the Impact of the Widening of Angel Tax on Indian Economy and Start-up Ecosystem

The article aims to primarily analyse the impact of the widened Section 56(2)(viib) of the Income Tax Act 1961.

Archita Satish

Mar 23, 2023
6 min

“X” Marks the Spot: Determining the Situs of Virtual Digital Assets to Tax Non-Residents

Per author, VDA transactions should be treated either under capital gains or as business income, as applicable.

Sharun Salvi

Mar 6, 2023
6 min

Beyond the Transaction: (Mis)application of the Principle Purpose Test

Author analyzes the confrontational approach of tax authorities towards foreign investment in India, focusing on the principle purpose test.

Darshil Sakhia

Feb 28, 2023
6 min

Taxability of Cross-Border Secondment Arrangement: Unsettling the Settled

The author analyses the recent decision of SC and other court rulings on the taxability of cross-border secondment arrangements.

Anuraag Bukkapatnam

Mar 7, 2022
6 min

DCF v/s NAV- Examining Valuation Concerns under the Income Tax Act

The article explores the controversy regarding the appropriate method of valuation for valuing equity under Section 56(2)(viib) of IT Act.

Avar Lamba, Shubhit Shokeen

Jan 12, 2022
6 min

Charitable Institutions - Legal Equivocation

Section 11(1)(d) tends to dilute the script of law by dissolving the thin line between permissible tax mitigation and tax avoidance.

Yash More, Hitoishi Sarkar

Dec 30, 2020
10 min

It's Complicated: Analyzing India’s Tax Dispute Resolution Framework

The authors delineate the statutory framework to resolve direct tax disputes while identifying intrinsic flaws in the appellate mechanism.

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