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Member Articles


Key Aspects of IFSCA's Credit Rating Agency in GIFT City

The International Financial Services Centres Authority (IFSCA) in India is responsible for the regulation and development of financial products, financial services, and financial institutions in the International Financi ...

RBI Boosts OI Investments Under the OPI Route

The Reserve Bank of India (‘RBI’) through its AP (DIR Series) Circular No. 09 dated 7th June 2024 has issued clarifications amending the norms for Indian residents to make investments in overseas funds as Overseas Po ...

India Tax Updates

The Income Tax Appellate Tribunal [ITAT] (Mumbai) Tirupati Developers v/s. ACIT ITA No. 2628/Mum/2023 dated 16.01.2024. Income from Capital Gains not applicable to Assessee who is in the business of Property Redevelopme ...

An Entrepreneur's Guide to the M&A Sale Transaction Process in India

This compilation attempts to provide entrepreneurs considering a potential M&A sale transaction in India for their privately-held companies with a birds-eye overview of the M&A sale transaction process in India and insig ...

Revised Payment Schedule: Income Declaration Scheme, 2016

MINISTRY OF FINANCE(Department Of Revenue)NOTIFICATION No. 59/2016-INCOME TAX S.O. 2476(E).– In exercise of the powers conferred by section 187 of the Finance Act, 2016 (28 of 2016), the Central Government hereby amen ...

India: Bad Debt admissible if written off as irrecoverable in books: CBDT

Proposals have been received by the Central Board of Direct Taxes regarding filing of appeals/pursuing litigation on the issue of allowability of bad debt that are written off as irrecoverable in the accounts of the asse ...

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