Bloomberg Quint features Ravi S. Raghavan’s thoughts on the application of private international law to permit tax benefits

by | Jun 30, 2020

The Bombay High Court applied the principles of private international law to permit tax benefits under the Income Tax Act, setting a precedent for tax disputes arising from reorganization of a business under foreign laws.

Ravi S. Raghavan, Tax Counsel at Majmudar & Partners, shares his views with Bloomberg Quint – “This ruling is relevant to a legal fiction that is peculiar to conversions governed under the Delaware law”.

Read the article here.

More News

ITR World Tax – 2024 Rankings

We are pleased to share that the firm has been ranked by ITR World Tax for our work in Indirect Tax, General Corporate Tax and Transfer Pricing. Congratulations to our team for their work and accomplishments. Ravi S. Raghavan, Partner - Tax and Private Client Group,...

read more

India – Arbitration Update

In the recent ruling of Orissa Metaliks Pvt. Ltd. v. SBW Electro Mechanics Import Export Corporation (2023 SCC OnLine Cal 1583), the Calcutta High Court (HC), in deciding the validity of an arbitration clause, has held that the venue of the arbitral proceedings must...

read more