We are pleased to share that Majmudar & Partners has been well ranked in IFLR1000’s 32nd Edition, 2022, in the practice areas of M&A, private equity, project finance, capital markets, debt, project development, infrastructure, and telecommunications networks.
Akil Hirani, Rukshad Davar and Fraser Alexander have been ranked as ‘Highly Regarded’ lawyers.
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...