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Member Articles


Faceless Assessment and Faceless Appeals Scheme Introduced by Income Tax Department

Prime Minister’s announcement of 13th August 2020 comprises of reforms in respect of following four broad areas of work of Income Tax department: 1. Taxpayer’s Charter, 2. Faceless Assessment Scheme, 3. Expansion ...

Chennai Tribunal, Holds Loan Foreclosure Charges Not Subject to Service Tax

The issue of applicability of Service tax on foreclosure charges collected by banks and non - banking financial companies (‘NBFCs’) on premature termination of loans has been a matter of contention with divergent opi ...

Return to Work During COVID-19 - Changes & Challenges

Indo-French Chamber of Commerce & Industry (IFCCI) and Kochhar & Co. invite you for a CHRO Panel discussion on "Return to Work During COVID-19 - Changes & Challenges". Monday, 10th August 2020 11:00am to 12 ...

Contracts and Force Majeure During a Pandemic

This article was authored by Chandrasekhar Tampi, senior partner and Ankur Khandelwal, partner, Kochhar & Co. and published in the Indian Business Law Journal. Overview The spread of COVID-19 has raised multiple ...

COVID-19 Direct Tax Update in India

The key Direct tax changes as announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on May 14, 2020 under ‘Aatmanirbhar Bharat Abhiyaan’ to support Indian economy in fight against CO ...

Recommendations of the 39th GST Council Meet Held on March 14, 2020

The GST Council in its 39th meeting held on 14 March 2020 has made the following recommendations: Movement in Tax Rate Goods • Increase in GST rates on mobile phones and specified parts to 18% from 12% ...

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