
Tiger Global to move court over denial of tax relief on Flipkart stake sale
Tiger Global entities had approached the AAR after the Income Tax Department rejected their application seeking benefits under the India-Mauritius Double Tax Avoidance

Fearing taxman, many companies are getting tax planning done before raising funds abroad
The possibilities include listing some of their Indian entities or creating a holding structure outside India. These companies and their tax consultants are

Collaboration during pandemic under CCI scanner
Companies coming together to overcome covid-19 related disruption will continue to face scrutiny by the Competition Commission of India (CCI) for any potential

Mumbai NCLT on its way to clear all pending scheme matters
The special bench of the National Company Law Tribunal (NCLT) Mumbai to hear the scheme matters including mergers, demergers and amalgamation of companies

Govt scraps rule mandating firms to list in India first to go public overseas
Private companies which list their non-convertible debentures on stock exchanges will not themselves be considered listed The new rule also indirectly throws Indian

I-T liability exists even when salaries, payments deferred
The situation may be more worrisome for service providers who have not received payments