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INTRODUCTION

The Negotiable Instruments Act, 1881 (“the Act”) was enacted to characterize and define the law relating to authoritative records like Promissor...

 

Multinational Enterprises (“MNEs”) set up subsidiaries in India to cater to the Indian market and capitalize on their brands. Such subsidiaries/Indian...

1. Can Revenue take advantage of the extended period of limitation for imposing penalty by filing an appeal before ITAT and withdraw it later on:

Sec 275 of the Income T...

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By Gagan Kumar

In a recent amendment (December 3, 2014) to the Foreign Direct Investment (“FDI”) Policy, 2014 issued by the Ministry of Commerce of Industry, 100 percent investment will be allowed th...

  March 13, 2015
By Gagan Kumar

Recently, Hon’ble Delhi High Court passed a judgment in the case of DIT v Infrasoft Ltd, USA. This judgement again highlighted the contr...

  March 13, 2015
By Gagan Kumar

When the new government took over and assumed the office, it was anticipated that many path breaking decisions would be taken. Keeping the optimistic sentiments alive, the Honourable Finance Minis...

  March 13, 2015
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