Insights
Tribunal holds that proceedings under Black Money Act jurisdictionally defective where the assets under an offshore trust structure were held to be not subject to Wealth Tax in the hands of the assessee
Bangalore Tribunal remits benchmarking of brand royalty in light of BEPS Action Plan 8-101
IFSCA issues Regulations for Issuance and Listing of Securities in IFSC including by Special Purpose Acquisition Companies (SPACs)