logo
  • Expertise
    • Our Practices
      Never-Ending Saga: Are the Assets/Monies Distributed to Retiring Partners Taxable?
      • Competition/Antitrust
      • Corporate Governance
      • Employment
      • ESG
      • Intellectual Property
      • Investment Funds
      • Mergers & Acquisitions
      • Private Client
      • Private Equity
      • Real Estate
      • Taxation
      Taxation
      • Banking and Finance
      • Infrastructure & Project Finance
      • Insolvency & Bankruptcy
      Insolvency & Bankruptcy
      • Arbitration
      • Litigation
      • White Collar/Investigations
      White Collar/Investigations
      • Capital Markets
      • Debt Markets
      • Financial Regulatory
    • Sectors
      • Aerospace & Defence
      • Energy
      • Fintech
      • Insurance
      • Media & Entertainment
      • Pharmaceuticals, Healthcare & Life Sciences
      • Technology, Media and Telecommunications
    • Stand Out Deals
  • People
    • Senior Management/ Practice Leadership
    • Partners
  • Innovation
    • Legaltech & ALS
    • Culture of Innovation
    • Vichaar
    • Prarambh
    • Legaltech Education
  • Thought Leadership
    • Publications
    • newsletters
    • Blogs
      • Dispute Resolution
      • India Corporate Law
      • Private Client
      • Tax
      • Competition Law
    • Videos
    • Published Articles
    • Podcasts
  • About Us
    • Our Firm
    • Awards & Accolades
    • News
    • CAM Singapore
    • CAM Middle East
  • Careers
  • Contact Us
logos
  • expertise

    expertise

    our practices

    Technology, Media and Telecommunications
    • Competition/Antitrust
    • Corporate Governance
    • Employment
    • ESG
    • Intellectual Property
    • Investment Funds
    • Mergers & Acquisitions
    • Private Client
    • Private Equity
    • Real Estate
    • Taxation
    Taxation
    • Arbitration
    • Litigation
    • White Collar/Investigations
    White Collar/Investigations
    • Banking and Finance
    • Infrastructure & Project Finance
    • Insolvency & Bankruptcy
    Insolvency & Bankruptcy
    • Capital Markets
    • Debt Markets
    • Financial Regulatory

    sectors

    • Aerospace & Defence
    • Energy
    • Fintech
    • Insurance
    • Media & Entertainment
    • Pharmaceuticals, Healthcare & Life Sciences
    • Technology, Media and Telecommunications

    Stand out deals

    Stand out deals

  • people
    • Senior Management/ Practice Leadership
    • Partners
  • innovation
    • innovation at cam
    • prarambh
    • vichaar
    • gurukul
    • advanced delivery
  • thought leadership
    • Thought Leadership
      • Publications
      • newsletters
      • Blogs
      • Videos
      • Published Articles
      • Podcasts
    • about us
      • About Us
      • Our Firm
      • Awards & Accolades
      • News
      • CAM Singapore
      • CAM Middle East
    • careers
    • contact us
    • Blog
      Blog

      SEBI report on RPTs – Deeper Reflections

      SEBI had implemented the Kotak Committee recommendations on Related Party Transactions (RPTs) by making amendments to the Listing Obligations and Disclosure Requirements Regulations, 2015 (“LODR”)...

      August 11, 2020
    • Clarity-on-eligibility-criteria
      Blog

      Clarity on eligibility criteria for funds set up by Category I FPIs for exemption from taxable presence in India

      Background A special  taxation regime, provided under Section 9A of the Income-tax Act, 1961 (“IT Act”), exempts eligible offshore funds, with their fund managers located in India, from treating ...

      July 10, 2020
    • CBDT-NOTIFIES-RELAXATION
      Blog

      CBDT NOTIFIES RELAXATION IN FAIR VALUATION NORMS- ARE THEY ENOUGH?

      Income-tax Act, 1961 (“IT Act”) provides for certain anti-avoidance provisions, like Section 56(2)(x) and Section 50CA, which seek to impose tax on certain assets, that were received or transferre...

      July 8, 2020
    • AAR declines ruling to a Mauritius
      Blog

      AAR declines ruling to a Mauritius resident, alleging that transaction was designed to avoid tax

      Mauritian entities have found it difficult to benefit from the capital gains tax exemption under the India- Mauritius double taxation avoidance agreement (DTAA) upon exit from Indian investments with ...

      June 23, 2020
    • Blog
      Blog

      Buy-Backs by Listed Companies: Key Considerations

      A listed company proposing to undertake a buy-back is required to primarily comply with the provisions of the Companies Act, 2013 (the “Companies Act”) and the Securities and Exchange Board of Ind...

      April 9, 2020
    • Blog
      Blog

      Provisions for taxing dividend income, receive yet another upgrade

      The Finance Bill, 2020 (the “Bill”) was recently passed by the Lok Sabha (Lower house of the Parliament) on March 23, 2020, with more than 50 amendments to the Bill. The Bill has now received the ...

      March 30, 2020
    • DDT-Abolishment-Heres-Something
      Blog

      Dividend Distribution Tax Abolishment: Here’s Something Lost in Translation

      The government has said taxes on income received from dividends will now have to be paid by the shareholders instead of the dividend distributing company. The Finance Bill 2020 presented alongside the...

      February 17, 2020
    • Depreciation-of-Assets-Claim-by-Trusts-SMM
      Blog

      Delhi ITAT clarifies the issues around claim of depreciation of assets and carry forward of expenditure by trusts

      In a very recent judgment of Income Tax Appellate Tribunal, Delhi (ITAT) in DCIT(E) v. Smt. Angoori Devi Educational & Cultural Society (Angoori Devi),[1] two very important questions in relation ...

      August 26, 2019
    • Blog
      Blog

      ITAT Puts On It’s Thin(king)-Cap – Treatment of Interest Paid on Compulsorily Convertible Debentures Under the Income Tax Laws

      The recent Income Tax Appellate Tribunal (ITAT) Order in CAE Flight Training (India) Pvt. Ltd. (TS-440-ITAT-2019 (Bang)) clarifies how Compulsorily Convertible Debentures (CCDs) are to be treated unde...

      August 12, 2019
    • ITAT on the Taxability of Transfer of Know-how Under Development
      Blog

      ITAT on the Taxability of Transfer of Know-how Under Development

      Research and development (R&D) in all fields is a costly affair, but more so in bio-technology, where molecules are first evolved, developed and then subjected to arduous and expensive clinical tr...

      June 11, 2019
    • Are-the-Assets-or-monies-distributed-to-retiring-partners
      Blog

      Never-Ending Saga: Are the Assets/Monies Distributed to Retiring Partners Taxable?

      Disputes involving whether capital gains taxes are leviable on sums/assets paid to retiring partners has been a subject matter of litigation for several decades now. In order to bring clarity, the leg...

      May 22, 2019
    • house-tax-blog
      Blog

      The Dilemma of Dual Residence – Can Vital Interests Fluctuate Overnight?

      The concept of dual residence crucially affects taxation of non-resident Indians and individuals who travel frequently between India and other countries. India follows a residence-based taxation syste...

      May 13, 2019
    • cbdt-direct-tax
      Blog

      Bombay High Court Sets Aside CBDT’s Proposal to Reward CIT(A)s for Pro Revenue Orders

      In the Chamber of Tax consultants & ors v. CBDT and Union of India)[1], the Hon’ble Bombay High Court (HC) set aside a portion of the Central Board of Direct Taxes’ (CBDT) action plan that sou...

      April 26, 2019
    • Black-Money-Blog
      Blog

      Prosecution Under Black Money Act for Inherited Foreign Bank Accounts

      The scourge of ‘black money’ has been a persistent issue for India, becoming a major political issue in the recent past. The problem of black money leads to challenges on multiple fronts, greatest...

      March 27, 2019
    • Supreme Court Rectifies Mistake
      Blog

      Supreme Court Rectifies Mistake and Grants Benefit of Tax Exemption

        To attract investment, industrial activities and improve economic development ,in certain states such as Himachal Pradesh, Uttaranchal, Sikkim and the states in the North-East, the Central Gove...

      March 19, 2019
    • LLP-Blog
      Blog

      ITAT Holds Conversion of Company into LLP to be a Transfer

      The business form of Limited Liability Partnership (LLP) became available in India when the Limited Liability Partnership Act, 2008 (LLP Act) was enacted. Prior to this, businesses were organised as c...

      December 11, 2018
    • Patnaik-Blog
      Blog

      Control and Supervision is the Important Factor to Determine the Nature of Reimbursements in Secondment Agreements

      With increasing globalisation of the world economy, the continuous movement of people from one jurisdiction to another has become imminent. However, such decisions have also created a significant amou...

      November 21, 2018
    • Expertise
    • People
    • Innovation
    • Thought Leadership
    • About Us
    • Careers
    • Contact Us

    Subscribe to our latest articles

    Follow us

    © Cyril Amarchand Mangaldas

    • SITEMAP
    • ACCESSIBILITY
    • PRIVACY POLICY
    • COOKIE POLICY
    • TERMS OF USE

    I am interested in this event

    Please fill out your details and we will send you details about the event

    Subscribe

    Choose the topic you are interested in.

    Register

    Please register here to save blogs, articles etc.

    [user_registration_form id="1266"]

    Sign In

    Please sign in to save the article

    password

    Forgot password?

    Don't have a profile?

    Please create a profile to bookmark the articles, publications etc.

    Create a profile to get full access to our articles and reports and to subscribe to our newsletters and email alerts


    Register

    Reset your password

    Type your email address or username and click 'Reset Password'.
    You will receive a new password in your email. You can reset the same in 'My Account' section.

    You have been registered

    We've sent an email confirmation to your email address.
    You can start bookmarking, by Logging-in.