Akil Hirani, Managing Partner & Head of Transactions Practice at Majmudar & Partners, has been featured as a top-ranked lawyer in Forbes India’s Legal Powerlist 2020. The list recognizes some of the best lawyers in India in the year 2020 based on several parameters.
EXL Service.com deemed not to have a PE in India
Last week, in the EXL Service.Com, Inc. case, the Delhi Income-tax Appellate Tribunal (Tribunal) followed the Supreme Court’s rulings in the Formula One and E-Funds cases and, inter alia, held that a US taxpayer does not have a fixed place permanent establishment...