The impact of COVID-19 on doubtful or delayed or unrealised rentals and their tax implications

COVID-19 has an impact on virtually every area of life for most people. Entirecountry has gone into lockdown, businesses have

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COVID 19 Relief – Salient features of pre-approved loans for MSMEs

MSMEs some statistics – There are about 6.11 crores MSMEs units in India which employ roughly 11 crores people.

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Topic tip #101 – Return filing season – what else to keep ready this year.

The Central Board of Direct Taxes heralds the tax return filing season for assessment year 2019-20 by notifying significant changes to various

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Transfer of shares for inadequate consideration

Issue: Transfer of shares in a company between two existing shareholders at less than the Fair Market Value and applicability of section 56(2)(vii) of the Income Tax Act, 1961.

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Tax on US Rental Income

The following note explains the tax implication for a taxpayer resident in India and deriving rental income from a US situated property

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The impact of COVID-19 on transfer pricing landscape of Multi-National Enterprises [‘MNEs’]…

Disruption in supply chain – particularly manufacturing and distribution functions and likely to be mostimpacted MSMEs

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Tax Laws (Amendment) Ordinance –  Concessional corporate tax rates explained

The corporate tax reforms introduced by the Hon’ble Finance Minister vide The Taxation Laws (Amendment) Ordinance, 2019

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CBC Reporting and Masterfile

In keeping with India’s commitment to implement the recommendations of 2015 Final Report on Action 13, titled “Transfer Pricing Documentation and Country-by-Country Reporting”, identified under the

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APA – presentation by Jeetan

With an increase in the volume of cross border trade, the volume and complexity of international transactions has also been increasing, giving rise to more and more transfer…

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