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In the dynamic world of business deals, mergers and acquisitions (M&A) are essential strategies used by organizations to expand their market presence, maximize their resources, and boost their competitiveness. Slump sales are one of the key methods used in M&A, among many others. This article analyses the intricacies of slump…

Section 42 i.e. Private Placement of the Companies Act, 2013 and Rule 14 of Companies (Prospectus and Allotment) of Securities Rules 2014 provides the legal framework for private placement in India. Private placement is a crucial mechanism for companies to raise capital without going through the rigorous process of a…

This article provides an overview of the functionalities available on the Goods and Services Tax Network (GSTN) portal for Goods Transport Agency (GTA) taxpayers under GST.  This blog outlines new GST provisions related to GTA online filing options for both existing and newly registered GTAs regarding the payment of GST…

A Guide to Travel Insurance :In today's world of wandеrlust and еxploration the travеl insurancе has bеcomе an incrеasingly crucial еlеmеnt of any wеll plannеd trip. Bеyond safеguarding against the unforеsееn еvеnts and it can unlock surprising tax bеnеfits and adding the anothеr layеr of valuе to your travеl invеstmеnts.…

The merger of Indian LLP ( Limited Liability Partnership) with a company is a complex process that requires careful consideration of various legal and regulatory aspects. One of the key principles that come into play during this process is the Casus Omissus Principle. Table of content Understanding the Casus Omissus Principal…

Ever bought something and well, forgotten to pay for it? It happens to the best of us! But when it comes to taxes in the world of business it becomes a bit tricky. This article breaks down the impact of non-payment on two key taxes: Goods and Unpaid Invoices Under…

CESTAT Clarifies Tax Implications: Confused about the tax implications of transporting ash from factories to disposal areas? You're not alone! A decision by the CESTAT court in Chandigarh clarified the issue, bringing good news to businesses involved in ash transportation. This blog post dives into the details, explaining why moving…

The Employees' State Insurance Act, of 1948 (ESI Act), was the first major legislation on social security for workers in India. File ESIC return in India is important. The ESI Act 1948, encompasses certain health-related eventualities that the workers are generally exposed to; such as sickness, maternity, temporary or permanent…

The landscape of taxation and deductions in India, as governed by the Income Tax Act 1961, presents a provision of wholesale and retail trade that aims to streamline tax labilities, ensure timely payments and promote a fair taxation system. One of the critical sections under this Act is Section 43B,…

Taxation of corporate reorganization is vital in the realm of business reorganizations, where substantial alterations occur in a company's structure or ownership. Be it through mergers, acquisitions, spin-offs, or other restructuring endeavors, grasping tax analytics holds importance for informed decision-making. These factors have significant influence over the ultimate prosperity and…