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Safe harbour reforms
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What are Safe harbour reforms? Safe harbour reforms refers to the major amendments done to the transfer pricing rules defined in Sec...
Taxation of buy back of shares
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What is the revised provision? Proceeds from buy back of shares shall be taxed as Capital Gains in the hands of shareholders. This is...
Spotting the Red-Flags in ML activities
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What is AML? Anti-Money Laundering refers to set of laws, regulations and procedures, that are designed to prevent people from disg...
Changes in LEASE ACCOUNTING
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Accounting in Lessee’s books Before 2019, Companies followed Ind AS 17, which required lessees to classify leases as either operat...
Corporate Office Finance Roles in a Multi-Business Structure
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In a centralized corporate office managing a diverse conglomerate, the corporate finance team functions as the strategic decision maker ...
ESOP and its tax implications
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What is an ESOP? An Employee Stock Option Plan is a scheme where a company grants its select employees the right to buy shares at a ...
Managing Working capital of seasonal business
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Managing working capital in lean periods means keeping working capital under control and using resources carefully so the business can stay...
Phasing out Anti-profiteering provisions
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What was the motive for introduction of anti-profiteering provisions as per Govt notification? The anti-profiteering provisions un...
The process of Due diligence
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What is Due Diligence? Due diligence is investigation and analysis carried out before entering into business transaction (e.g., merg...
Construction Industry- Indian context
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Construction industry defines projects based on their physical purpose and contractual risk. They are summarised as follows: Reside...
Taxation of charitable trusts under section 12AB
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What's Trust? What does Income tax Act say about it? The term 'Trust' is not explicitly defined in Income tax Act. Ba...
MSME and GST
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What are MSMEs? MSMEs stand for Micro, Small, and Medium Enterprises. The classification of MSMEs in India is defined under the Micro,...
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Inventory Valuation series-Part 1
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