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Arbitration has established itself as a preferred mechanism for the resolution of commercial conflicts, offering flexibility and expediency compared to conventional litigation. Central to its effectiv...

Introduction to Winding Up of Public Limited CompaniesWinding up signifies the legal termination of a company’s existence, involving the cessation of business operations, realization and distribution...

(i) Legal Framework and Definition of Deposits(a) The question of whether Non-Convertible Unsecured Debentures (NCUDs) can be considered as deposits often arises in the domain of company law and finan...

Introduction to Governing Documents: Articles of Association and Shareholders’ Agreementsi) Understanding Articles of Association (AoA)The Articles of Association (AoA) serve as the foundational gover...

Introduction: Evolving Cybersecurity Mandates for Smaller REsIndia’s capital market regulator, SEBI, has established the Cybersecurity and Cyber Resilience Framework (CSCRF) to address the unique chal...

1. IntroductionShare trading losses, if properly managed, can significantly reduce future tax liabilities for assessees engaged in equity, derivatives, or delivery-based transactions. The right to car...

Introduction and Legislative IntentThe Income-Tax (No. 2) Bill, 2025 was formally introduced in the Lok Sabha on August 11, 2025, by the Finance Minister, Smt. Nirmala Sitharaman. The Bill aims to con...

Introduction(i) Overview of Legislative AmendmentsStatutory provisions, especially in tax laws, undergo frequent modifications for various reasons such as addressing loopholes, taxing previously untax...

IntroductionThe Ministry of Corporate Affairs (MCA) has rolled out significant amendments to the annual filing forms MGT-7A and AOC-4, effective from July 14, 2025. The overhaul is aimed at strengthen...

Claiming Input Tax Credit on Prefabricated Constructions: A Comprehensive Analysis1. Introduction to GST and Input Tax Credit ChallengesThe Goods and Services Tax (GST) regime, launched in July 2017,...

1. Introduction to Residential Status ComplexitiesThe determination of residential status under the Income Tax Act, 1961 has emerged as a critical area of contention, particularly for Indian entrepren...

1. Introduction to Multi-Tier Distribution FrameworksIn the contemporary global business environment, multinational corporations (MNCs) extensively utilize cross-border operations through affiliated e...

1. Introduction to Permanent Establishment ComplexitiesThe concept of permanent establishment (PE) has become a critical focal point in international taxation, particularly following the recent Suprem...

Introduction: Overview of the GST Budgetary Support Scheme (BSS)The Jammu & Kashmir High Court has recently clarified a pivotal issue regarding the calculation of budgetary support refunds under the G...

Introduction to the Overhauled Income Tax LawThe Government of India has ushered in a transformative phase in direct taxation by unveiling the New Income Tax Bill, 2025 on August 11, 2025. This legisl...

Overview of Rule 37A – ITC Reversal Due to Supplier’s Non-Compliancei) Introduction to Rule 37ARule 37A, inserted via Notification No. 26/2022 – Central Tax dated 26 December 2022, mandates that a reg...

OverviewSection 206C of the Income Tax Act governs the collection of Tax Collected at Source (TCS). This write-up focuses on the revised interest implications for late remittance of TCS by assessees,...

OverviewThe frequency of search and seizure operations conducted by the Income Tax Department and the Enforcement Directorate (ED) under the Prevention of Money Laundering Act, 2002 (PMLA), has risen...

Overview of Recent ChangesThe Finance Act, 2024 has introduced several major amendments, one of which is the implementation of Section 194T under the Income Tax Act, 1961. This new section obligates a...

1. Introduction to Acquisition StrategiesIn today’s rapidly evolving and interconnected business environment, mergers and acquisitions (M&A) play a pivotal role in enabling companies to grow, realign...