In the past year, the Indian government introduced many significant corporate and tax changes to India’s corporate social responsibility (CSR) regime (Read our update on CSR regime here), culminating in FAQs released last month. This presentation by Majmudar & Partners consolidates the law on the subject and assesses the overall impact of the changes.
Primacy of fair market value assessments in intragroup share transfers
Download .pdf Introduction In the recent case of Bray Controls South East Asia Pte Ltd v. Commissioner of Income (International Taxation), W.P.(C) 17911/2024, the Delhi High Court (the “HC”) examined an intragroup transfer of shares and highlighted the importance of a...