Income-Tax Act

Aliza Khatoon

Mar 166 min read

The Angel Tax Demonic-Emergence and the Silver Lining of CBDT Proposal

The amendment increases tax liability upon the startup and severely affects their dependency on seed funding during their initial rounds.

Hrishikesh Harathi

Sep 21, 20236 min read

Section 54EE of Income Tax Act: Addressing the Need for a Better LTCG Exemption for Startups

The article aims to argue that the exemption to LTCG tax given by Section 54EE of the Income-tax Act 1961 is unsuitable for Indian startups.

Ananya Karnwal, Astha Agarwal

Sep 9, 20236 min read

Reshaping Tax Laws: Stigma of Retrospective Tax Amendments Amidst Supreme Court's Landmark Ruling

With elimination of unreasonable retrospective tax regime, India could inspire trust in the regulatory and tax framework among investors.

Swetha Somu

Jun 24, 20236 min read

Legatum Ventures Limited v. ACIT: Ramifications in the Legal Sphere

The article analyses the recent order interpreting Sections 112(1)(c)(iii) and 48 of the Income-tax Act 1961.

Ishita Khandelwal, Janhavi Mahalik

May 30, 20235 min read

Addressing The Conundrum Of Angel Tax Amendment Circumventing The Start-Up Regime

Authors hope that the angel tax amendment is given another perspective due to inherent challenges.

Rajat Sethi, Sumit Bansal, Oshika Nayak

May 20, 20237 min read

Cross-Border Merger Framework in India: Limited Efficacy?

Per the authors, the framework for cross-border mergers in India remains of limited efficacy.

Khush Bhachawat

May 8, 20237 min read

Carry Forward of Losses in M&A: Identifying Beneficial Holder Upon Shareholding Change in Group Cos

The language and intent of Section 79 necessitates that the corporate veil is pierced by looking at the substance of the transaction.

Venkata Kartheek Vegesana

Apr 14, 20234 min read

Analysing the Impact of the Widening of Angel Tax on Indian Economy and Start-up Ecosystem

The article aims to primarily analyse the impact of the widened Section 56(2)(viib) of the Income Tax Act 1961.

Archita Satish

Mar 23, 20236 min read

“X” Marks the Spot: Determining the Situs of Virtual Digital Assets to Tax Non-Residents

Per author, VDA transactions should be treated either under capital gains or as business income, as applicable.

Avar Lamba, Shubhit Shokeen

Jan 12, 20226 min read

Charitable Institutions - Legal Equivocation

Section 11(1)(d) tends to dilute the script of law by dissolving the thin line between permissible tax mitigation and tax avoidance.