The split in ACIT v. Shelf Drilling Ron exposes a deeper fault line in Indian tax adjudication: whether courts should privilege the literal boundaries of statutory text or stretch interpretation to preserve the functional life of specialized procedures.

The author believes that any attempt to characterize the units as equity rather than hybrid would affect the very artificial juridical character of these investment trusts as trusts.

India now stands at the crossroad of remaking transfer pricing not merely a regulatory stick, but a strategic tipping stone of fair trade, investment confidence and tax equity.

The post aims to analyze this dissonance in the regulatory approach taken by the USA and India in taxing carried interest.

The proposed amendment to Sections 72A and 72AA of ITA reflects government’s intent to curb tax avoidance through evergreening of losses.

The inclusion of blockchain into inheritance planning represents a paradigm shift with regards to an amalgamation of law and technology.

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

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.

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

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

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

Per the authors, the framework for cross-border mergers in India remains of limited efficacy.

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

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

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

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