Category: TAX

An Introduction to Double taxation Avoidance Agreement.

3rd November, 2022 - 10:29 am Categories: TAX

Introduction With the exponential growth of trade and commerce in the globalised era, the spectrum of taxes associated with it has also expanded with it. However, the question remains, which country will be the recipient of taxes paid by the corporation- the origin country or the source country? As a solution to this, the treaty … Continue reading An Introduction to Double taxation Avoidance Agreement.

Read more »

GAAR : A Strong Step Against Tax Avoidance

22nd October, 2022 - 5:53 am Categories: Intellectual Property TAX

INTRODUCTION Initially introduced in India through a Direct Tax Code Bill in 2009, General Anti-Avoidance Rules (GAAR) are covered under the umbrella of the Income Tax Act, 1961 and have been effective in the nation since 1 April, 2017. Much like any other nation, India too was plagued with multiple instances of tax avoidance wherein … Continue reading GAAR : A Strong Step Against Tax Avoidance

Read more »

Concept of Tax: An Overview

9th August, 2021 - 12:41 pm Categories: TAX

The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution articulates that India is a welfare state. A welfare state is a form of government in which the state protects and promotes the economic and social well-being of the citizens, based upon the principles of equal opportunity, equitable distribution of wealth, … Continue reading Concept of Tax: An Overview

Read more »

Hybrid Instruments for Investments in Startups

6th August, 2021 - 12:23 pm Categories: TAX

INTRODUCTION The fast-paced growth of Start-ups in India has attracted support and aid from the government and also numerous industrial sectors. With the idea of promoting growth of the Indian economy, entrepreneurs have received several incentives and benefits to establish start-ups. The essence for their growth and success lies in the ‘financing and funding’, which … Continue reading Hybrid Instruments for Investments in Startups

Read more »

Practical Analysis of Decisions Taken In 43rd GST Council Meeting

31st May, 2021 - 4:53 pm Categories: TAX

After a long hiatus of nearly 8 months, the GST Council meeting was convened on 28th May 2021. On the agenda were important expected items such as waiver of tax on various medicines, medical equipment, and health services. Several states had proposed a complete tax waiver on COVID vaccines, oxygen cylinders, oxygen concentrators, oximeters, etc. … Continue reading Practical Analysis of Decisions Taken In 43rd GST Council Meeting

Read more »

Validity of Digital Signatures in India

31st March, 2021 - 7:07 am Categories: TAX

Introduction Signatures play a significant role in the field of law as well as in daily transactions. It is a symbolic representation of a person and signifies its intent to it. A signature verifies the legitimacy of a particular transaction. Digitization has transformed the business landscape. In online transactions, the handwriting signatures are prone to … Continue reading Validity of Digital Signatures in India

Read more »

Legal and Ethical Issues Faced By the Start-Ups in India

17th February, 2021 - 9:15 am Categories: TAX

Introduction Start-ups are small growing companies founded by one or more entrepreneurs, they are at their initial stage of operation with a limited amount of capital and limited experience. The government of India has taken several initiatives to encourage the growth of start-ups in order to promote entrepreneurship and employment by providing easier IPR facilitation, … Continue reading Legal and Ethical Issues Faced By the Start-Ups in India

Read more »

Clubbing Of Tax Evasion under GST: An Innovative Way to Trigger Arrest Provisions

13th February, 2021 - 4:49 am Categories: TAX

The Bombay High Court vide its judgment dated 08.02.2021, has raised a new question instead of delivering an answer to the correct and firm interpretation of the legislation. In the case of Yogesh Jagdish Kanodia v. The State of Maharashtra & Anr., the primary issue before the Hon’ble High Court was to deal with the … Continue reading Clubbing Of Tax Evasion under GST: An Innovative Way to Trigger Arrest Provisions

Read more »

A Study on Compliance of Tax Structures in Income Inequality and the Reforms Required

11th January, 2021 - 12:42 pm Categories: TAX

Introduction Poverty is extensively characterised as a vicious circle. This is to say that there are various forces placed in a constellation (proverbial) that work together to keep a person poor or a group of people in the clutches of poverty. However, in mainstream politics, rarely is poverty discussed from the perspective of unjust redistribution … Continue reading A Study on Compliance of Tax Structures in Income Inequality and the Reforms Required

Read more »

Trademark Valuation And Taxation

12th December, 2020 - 8:48 am Categories: TAX

Trademark Valuation Trademark is defined as a mark (may include symbols, colour, shape, packaging of goods, etc.) that encompasses the capability to geographically represent and distinguish the goods or services of one party from other parties.It is a set of rights that enables the use of such marks by the owner to the exclusion of … Continue reading Trademark Valuation And Taxation

Read more »

Categories

Archives