by Majmudar & Partners | Jul 28, 2022 | Tax
Download .pdf Recognizing the prevalence of flexible hybrid working models and taking into account industry demands, the Ministry of Commerce and Industry, Government of India, has introduced a new Rule 43A – “Work from Home” in the Special Economic Zones Rules, 2006...
by Majmudar & Partners | Jul 24, 2022 | Tax
Download .pdf On the occasion of Income Tax Day, the firm’s tax team has compiled noteworthy tax law changes and happenings over the last year. Retrospective application of Indirect Share Transfer provisions nullified Indian tax authorities have clarified that...
by Majmudar & Partners | Jul 6, 2022 | Disputes and Arbitration
Download .pdf Since the advent of globalization, enterprises have started engaging in increasingly complex cross-border transactions. In many cases, such mandates involve dealing, interfacing and obtaining approvals from government entities in foreign...
by Majmudar & Partners | Jul 4, 2022 | Technology, Telecommunication and Media
Exploring Heritage: Traditional Games and EvolutionIndia, a nation renowned for its cultural diversity, boasts an extensive history of traditional games of chance. These games, deeply ingrained in the nation’s heritage, transcend mere entertainment; they bear...
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...