In the absence of any limitation period prescribed in the
statute, a reasonable period should be applicable for
proceedings against non-deduction of tax for payments made to
non-residents.
Considering that the limitation period
prescribed under s. 201(3) of the ITA...
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Experts & Views
Nishith Desai Associates
Nishith Desai Associates is a research-based Indian law firm with offices in Mumbai, Silicon Valley, Bangalore, Singapore, Mumbai BKC, Delhi and Munich that aims at providing strategic, legal and tax services across various sectors; some of which are IP, pharma and life-sciences, corporate, technology and media. We contribute insight through articles and other resourceful reports to publications on the growing Indian economy and its legal impact on the US and other developed nations. Our firm has had many accomplishments and won several accolades internationally as well as domestically for being an industry leader; and continues to be ranked consistently as one of the top 5 in India. Our expertise and opinion is regarded as an authority amongst the upper echelons of international law. In addition, our client list includes many of the Fortune 500 and other successful Indian businesses. As an intimately sized firm, we have an intensive client selection process in order to maximize our strengths to areas where we can best add value.
India and Cyprus sign revised agreement for avoidance of
double taxation with Cyprus.
As per the revised agreement, India shall have the right to
tax capital gains arising from the transfer of investments made
on or after April 01, 2017....
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Conflict of interest illustrations in the Vth
Schedule provide examples of situations that must be disclosed
by an arbitrator. Such situations do not amount to
disqualification unless there actually exist justifiable doubts
as to independence and impartiality of the arbitrator...
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Delhi High Court:
Reaffirms the criteria to deem a foreign arbitral award valid under section 44 of the Arbitration and Conciliation Act, 1996 and the Convention on the Recognition and Enforcement of Awards, 1958.
A contract containing an arbitration agreement must...
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Earlier, all online transactions through credit / debit cards issued in India were subject to a mandatory ‘second factor authorization’.
Reserve Bank of India directs that this additional factor authorization requirement may be relaxed, at the option of the customer,...
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Every
disruption creates opportunities. The demonetization also offers
us an opportunity to leap frog from the millennia-old physical
world of currency to the emergent digital world. Digital
currencies come in various forms, each offering different benefits
and challenges. Swift actions by...
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A full judge bench of the Bombay High Court holds that a scheme settled by two companies is not a document chargeable to stamp duty. Rather, an order passed by the Court sanctioning such a scheme under Section 394 of...
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Schooled In Socialism Featured
2016 is not 1947, here's how we must redraft educational policy
Of late, we have had a lot of legislative and stakeholder activism in the K-12 and higher education space in India. States like Tamil Nadu, Rajashthan & Maharashtra has seen...
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CCI holds that Uber does not hold a dominant position in Kolkata and dismisses claim filed by Meru Cabs.
CCI holds Kolkata’s market to be a peculiar market and hence relevant product market would include services offered by radio taxis...
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