by admin | Jul 25, 2024 | Uncategorized
In terms of modified instruction No. 1914 dated 21.03.1996 issued by CBDT, payment required to be made by the assessee as a precondition for a stay of demand disputed before CIT(A) is 20%.Many confuse this to be a precondition of absolute nature for obtaining a stay...
by admin | Jul 25, 2024 | Uncategorized
Introduction In our experience while dealing with corporate clients in representing them in an action for damages, contractual claims etc. in arbitration proceedings or in court of law and in advising them afterwards, we have seen many companies having a question as...
by admin | Jul 25, 2024 | Uncategorized
Reopening of an assessment concluded under section 143(1) or even under section 143(3)(Scrutiny Assessment) of the Income Tax Act, 1961 is a dreaded nightmare of any assessee. While there are many articles on the subject on the internet, the author seeks...
by admin | Jul 25, 2024 | Uncategorized
In this article, the author seeks to analyse how ITAT committed an error in its decision in the case of Milan Intermediaries LLP vs the Income Tax Officer, Ward- 2(1)(4), Ahmedabad on 26th July 2018. Why the author seeks to analyze a decision of ITAT from 2018...
by admin | Jul 25, 2024 | Uncategorized
The article presumes knowledge on the part of the reader about what is international commercial arbitration within the meaning of the Indian Arbitration and Conciliation Act, 1996 (“The Act”) and seeks to analyse the aspect of interim relief from the Indian Courts in...
by admin | Jul 25, 2024 | Uncategorized
IntroductionIn the dynamic and rapidly evolving global marketplace, particularly in fast-growing economies like India, there are ever-growing commercial transactions amongst entities within India as also in international transactions amongst entities within India and...
by admin | Jul 25, 2024 | Uncategorized
INTRODUCTIONIn the dynamic and rapidly evolving global marketplace, particularly in fast-growing economies like India, there are ever-growing commercial transactions amongst entities within India as well as international transactions amongst entities within India and...
by admin | Jul 25, 2024 | Uncategorized
Introduction For organising the distribution of goods in foreign countries, agency is the simplest form being used by many multinationals. This form of commercial agency is being frequently used for international trade practices. To have agents abroad and to work with...
by admin | Jul 25, 2024 | Uncategorized
These clauses are sought to be kept by the employer in an employment contract with an employee and also in commercial agreements e.g. in a Services Contract, in a Share Purchase Agreement, in an agreement for taking over of a business, in an agreement for building an...