by admin | May 2, 2025 | Comprehensive Subject
Table of Contents PART I: INTRODUCTION TO INCOME TAX What is Income Tax? Apart from the Income Tax Act, 1961, are there any other acts, rules, regulations etc. which governs the application of the taxpayers for payment of income tax in a given financial year? What...
by admin | Apr 24, 2025 | Updates
Case: M/s Pramila Motors Pvt. Ltd. versus M/s Okinawa Autotech International Pvt. Ltd Facts of the Case The dispute arose out of a dealership agreement between the petitioner, M/s Pramila Motors Pvt. Ltd., and the respondent, M/s Okinawa Autotech International Pvt....
by admin | Apr 24, 2025 | Updates
Facts of the Case The dispute arose from a large infrastructure project in India, involving a special-purpose vehicle (SPV) responsible for managing freight corridors and a consortium of three companies contracted for its execution. In 2017, the Indian government...
by admin | Apr 24, 2025 | Comprehensive Subject
Table of Contents Framework GENERAL INTRODUCTION ARBITRABILITY OF DISPUTES FORMATION & FUNDAMENTALS OF ARBITRATION AGREEMENTS CHOICE OF APPLICABLE LAW, SEAT & LANGUAGE PROCEDURE FOR INITIATING ARBITRATION RESISTING ARBITRATION APPOINTMENT OF ARBITRATORS...
by admin | Apr 10, 2025 | Updates
Case: Rahee Jhajharia E to E JV v. MB Power (Madhya Pradesh Ltd.) The National Company Law Appellate Tribunal (NCLAT), New Delhi, has ruled that an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC), cannot be admitted when there is no...
by admin | Apr 10, 2025 | Updates
Case Title: Ganesh Ramkisan Rajale v. Panchtatwa Milk Industries Private Limited Facts of the Case An application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was filed by the operational creditor, Ganesh Ramkisan Rajale, against Panchtatwa Milk...
by admin | Apr 10, 2025 | Updates
Case: Bahadur Ram Mallah (Ex-Director, Uniworth Textiles Limited) Versus Assets Reconstruction Company (India) Limited and Anr Facts of the Case ICICI Bank and IFCI Ltd. had sanctioned loan facilities to Uniworth Textiles Ltd. (“UTL”), a company part of the larger...
by admin | Apr 10, 2025 | Updates
Case: Armaco Infralinks Pvt. Ltd. Versus B. S. Ispat Pvt. Ltd. Facts of the Case Armaco Infralinks Pvt. Ltd. (Operational Creditor) advanced ₹17,53,00,000 to B. S. Ispat Pvt. Ltd. (Corporate Debtor) between April 2021 and September 14, 2022, for the supply of coal....
by admin | Mar 26, 2025 | Comprehensive Subject
Table of Contents Legal framework Tax investigations Voluntary disclosure and amnesties Forum for tax disputes Filing a tax dispute Disclosure and privilege Evidence Proceedings? Remedies Appeals Costs, fees and funding International tax disputes Trends and...
by admin | Mar 26, 2025 | Comprehensive Subject
Table of Contents What is Cryptocurrency? Definition of Virtual Digital Asset under the Income Tax Act, 1961 Difference in Taxation of Cryptocurrencies in India: Pre and Post-Budget 2022 Meaning of Transfer of Cryptocurrency for the Purpose of Section 115BBH of the...
