Pranay Bhatia

Others

13 October, 2014

What fund managers need to know about FATCA

The U.S. Foreign Account Tax Compliance Act (“FATCA”) is becoming a reality.  Fund managers around the world over are facing ......

Infrastructure

09 September, 2010

Landmark Decision: Vodafone Must Pay Tax On Hutch Buy

In the case of Vodafone International Holdings B.V (‘Assessee’), the Bombay High Court (‘High Court’) has held that the Indian ......

General

31 May, 2010

Foreign PE Deputes to India Not to Create Taxable Presence Now

Deputation of employees from foreign companies to Indian companies does not create permanent establishment or a taxable presence in India ......

General

16 April, 2010

Valuation of Moveable Property — Another Straight Jacketed Approach

As detailed in our earlier article, the Union Budget 2010 had proposed amendments to the Income-tax Act, 1961 (‘the Act’) ......

Infrastructure

07 April, 2010

Joint & Several Liability Under A Contract Cannot Be Taxed As An AOP

In a recent ruling in the case of Hyundai Rotem Korea and Mitsubishi Co Japan1 (together referred to as ‘Applicants’), the ......

General

12 August, 2009

Controlled Foreign Companies Taxation Regime in India

Recent news reports indicate that India’s tax legislators propose to introduce Controlled Foreign Company (‘CFC’) regime under Indian income-tax law. ......

General

04 August, 2009

Management Fees — Are These Tax Deductible?

The Indian Income tax laws exempt income of a SEBI registered Domestic Venture Capital Fund (DVCF), from its investments and ......

General

20 July, 2009

FVCI Licensing and Pitfalls

Foreign investors invest in India primarily via two routes - Foreign Direct Investment (FDI), and Venture Capital (VC) Investment.  India ......

General

07 July, 2009

The Limited Liability Partnerships — Roadmap For Taxation Introduced

Limited Liability Partnership (‘LLP’) is a form of business structure which combines best elements of the partnership and corporate structures ......