TaxBuzz | Demerger expenses allowable u/s 35DD to resulting company – Delhi HC

We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the recent ruling of the Delhi High Court in the case of Coforge Ltd. The High Court, while reversing the decision of the Tribunal, held that demerger expenses under section 35DD of the Income Tax Act, […]

Taxbuzz | Exemption in respect of financial assistance for Covid-19 victims

We are pleased to share with you a copy of our in-house publication – “TaxBuzz…”, wherein we have analysed the recent Press Release of the CBDT announcing income-tax exemption in respect of financial assistance received by taxpayers for expenses incurred towards medical treatment of Covid-19 and by families of those unfortunate taxpayers who lost their […]

Taxbuzz | Amendments Passed in the Finance Act 2021

In continuation to our detailed analysis of the Finance Bill 2021, amendments made to the proposals of the Bill, which are now incorporated in the Finance Act, 2021, are summarised in our publication, TaxBuzz. o read the TaxBuzz, click at the ‘Download Newsletter. We trust that you will find the same useful. Looking forward to receiving […]