Several high-value restructuring transactions have taken place via exchange of shares, rather than a monetary consideration.
The Finance Bill, 2021, has held that goodwill of a business will not be considered as a depreciable asset. Depreciation on goodwill will not be available,
Many mid-scale companies, especially in the mine and metals segment, are going back to the drawing board and analysing how the recent proposal
The equalisation levy has started making things costlier for Indian consumers. Apple is passing on the 2% equalisation levy, aside from 18% goods
It’s a taxman versus internet majors standoff — companies such as Google, Facebook, LinkedIn haven’t paid the April-June quarter’s 2% equalisation levy that