Thursday, 24 January 2019

MCA Amends Companies (Acceptance of Deposits) Rules, 2014

The Ministry of Corporate Affairs (‘MCA’) vide a Notification dated January 22, 2019 (‘MCA Notification’) has broadened the extant framework for Companies (Acceptance of Deposits) Rules, 2014 with an objective to further enhance the transparency, disclosure to the stakeholders and improve governance in the Corporate Sector

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No Permanent Establishment Unless Proven by the Revenue

The Income Tax Appellate Tribunal (Delhi Bench) recently in the case of SAIC clarified an important principle in international taxation: th...