Month: April 2026

A recent order of the NCLT (Mumbai Bench) in Bangalore Elevated Tollway Pvt Ltd has taken the view that where capital reduction […]

The Chamber of Tax Consultants published its April 2026 compendium on Company Payouts to Shareholders. I was privileged to contribute the piece […]

I had written an article on Taxsutra examining the income-tax treatment of family arrangements effectuated through corporate vehicles. The article traced the […]

The Kale doctrine treats a family arrangement as a reorganisation of pre-existing rights, not a transfer, and therefore, does not attract any […]

The April 2026 issue of The Chamber’s Journal, published by The Chamber of Tax Consultants, carries a special feature on Company Payouts […]

My take, as quoted in the Times of India today, on the continued classification of Tata Sons as an upper-layer core investment […]

In one of my earlier posts, I had analysed the structural gaps in the Income-tax Act, 2025 from the perspective of M&A, […]

My take, as quoted in the Times of India, on what the RBI’s draft directions mean for Tata Sons and the broader […]

Capital reduction under Section 66 of the Companies Act is conventionally understood as a tool for writing off losses or returning surplus […]

The Income Tax Department’s notice to Jane Street, questioning Singapore treaty benefits on approximately Rs 20,000 crore of F&O gains, is a […]