by Majmudar & Partners | Jun 15, 2022 | Tax
Download .pdf In a recent ruling, the Mumbai Bench of the Income-tax Appellate Tribunal (the “Tribunal”) has held that commission income earned by a non-resident distributor of mutual fund schemes of an Indian company cannot be taxed in India, if all the business...
by Majmudar & Partners | May 6, 2022 | Private Equity and Venture Capital
Download .pdf Typically, private equity and venture capital investors seek various contractual rights to protect their investments and secure their returns. In relation to private investments in public enterprises or PIPE deals, it becomes important for minority...
by Majmudar & Partners | Apr 28, 2022 | Disputes and Arbitration, Technology, Telecommunication and Media
Download .PDF In India, the Identification of Prisoners Act, 1920 (the “1920 Act”) permitted the collection of fingerprints, footprint impressions, and photographs of, among others, (i) persons convicted of a crime for which the punishment is one year of rigorous...
by Majmudar & Partners | Apr 13, 2022 | Employment Law
Download .PDF Amidst continuing uncertainty regarding the pandemic, the office of the Development Commissioner, Santacruz Electronic Export Processing Zone (“SEEPZ”) Special Economic Zone (“SEZ”) through an order dated March 22, 2022 (the “SEEPZ Circular”), has...
by Majmudar & Partners | Apr 8, 2022 | Employment Law
Download .PDF Work from home only if the nature of work so permits, rules the Karnataka High Court. In March 2022, the Karnataka High Court passed an order clarifying the scope of the work from home benefit for mothers on maternity leave. The court held that the...
