Page 76 – Vaish Associates Advocates

Article – Thin Capitalization Rules in India: Interest(ing) Limitations

We are pleased to share with you copy of latest article titled “Thin Capitalization Rules in India: Interest(ing) Limitations” co-authored by Mr. Neeraj Jain, Partner and Mr. Aditya Vohra, Principal Associate, Direct Tax team. The article has been published by Tax Management International Journal (49 TMIJ 4, 04/10/2020).

To read the article, click at Download Newsletter.

We trust that you will find the same useful.

In case of any clarifications, please feel free to contact

Mr. Neeraj Jain at [email protected]
Mr. Aditya Vohra at [email protected]

Article : Delhi HC’s Recent Decision on Taxation of NR’s Services to Oil Industry – A Critique

We are pleased to share with you the copy of latest article titled ‘Delhi HC’s Recent Decision on Taxation of NR’s Services to Oil Industry – A Critique’ authored by Mr. Gaurav Jain and Ms. Manisha Sharma from our Direct Tax team, with valuable inputs/feedback from Mr. Ajay Vohra, Sr. Advocate, which has been recently published by Taxsutra.

The article critically analyses the recent decision of the Delhi High Court in the case of Paradigm Geophysical Pty Ltd. in W.P.(C) 1370/2019 (Del. HC), decided on 13.03.2020, laying down certain important principles on interplay of various provisions of the statute relating to taxation in India of income earned by non-residents from services provided to oil and gas companies.

To read the article, click at Download Newsletter.

We trust that you will find the same useful.

In case of any clarifications, please feel free to contact

Mr. Gaurav Jain at [email protected]
Ms. Manisha Sharma at [email protected]

Competition News Alert – CCI issues advisory for businesses during COVID-19

The Competition Commission of India (CCI) has issued official advisory to businesses in time of COVID 19 on 19th April 2020 . CCI has joined other competition authorities, including those in EU and USA abroad to remove Industry’s fears on consequences of any limited coordination between competitors to meet the shortage of supplies during the ongoing lockdown due to COVID 19 including coordination on research and development , logistic supports etc to meet the emergent requirement of essential items during the pandemic .

Hope to see you safe and return to normal schedule of work soon.

To read the Competition News Alert, click at Download Newsletter below.

We trust that you will find the same useful.

For any details and clarifications, please contact to:

Mr. M M Sharma at [email protected]

GST Cafe – Delhi HC quashes petition for equivalent continuation of pre-GST tax incentives

Hope this newsletter finds you in good health.

We are pleased to share with you the copy of our latest publication of GST Café, wherein we have analysed the recent ruling of the Delhi High Court in the case of Hero MotoCorp Ltd., wherein the Court dismissed the petition for continuation of pre-GST area-based tax incentives. “>

To read the GST Cafe, click at Download Newsletter.

We trust that you will find the same useful.

For any details and clarifications, please contact to:

Mr. Shammi Kapoor at [email protected]

GST Cafe – Rajasthan HC Judgment on UltraTech Nathdwara Cement Ltd

Hope this newsletter finds you in good health.

We are pleased to share with you the copy of our latest publication of GST Café, wherein we have analysed the recent ruling of the Rajasthan High Court in the case of UltraTech Nathdwara Cement Ltd., wherein the Court allowed the petition for quashing demands for tax dues for a period prior to finalization of the Resolution Plan under the Insolvency and Bankruptcy Code, 2016 (‘IBC).

To read the GST Cafe, click at Download Newsletter.

We trust that you will find the same useful.

For any details and clarifications, please contact to:

Mr. Shammi Kapoor at [email protected]

GST Cafe – Clarifications issued by CBIC related to Compliance amidst pandemic COVID-19

Hope this newsletter finds you in good health.

We are pleased to share with you a copy of our latest publication – GST Café, a briefing on the recent clarifications issued by the Central Board of Indirect Taxes and Customs (‘CBIC’) on the reliefs announced previously, in view of the pandemic COVID-19.

To read the GST Cafe, click at Download Newsletter.

We trust that you will find the same useful.

For any details and clarifications, please contact to:

Mr. Shammi Kapoor at [email protected]