Slump Sale – Meaning A Slump Sale is a sale of one or more undertakings by a seller as a going concern to an acquirer, for a lump sum consideration, without specific values being assigned to individual assets. The concept of Slump Sale was introduced in the income tax law through section 2(42C) [definition of … Continue reading Slump Sale and its taxability
Implications of Change in Beneficial Shareholding
Whether you are buying a business, selling a business or merging two or more businesses, there are multifarious tax issues that need to be navigated. It is crucial to know what you are getting in to when you decide to grow your business through Mergers and Acquisitions (‘M&A’). In any M&A transaction, tax considerations are … Continue reading Implications of Change in Beneficial Shareholding
Alert: Second instalment of Advance Tax is due
As per section 208 of the Income Tax Act, advance tax is the income-tax which is payable in instalments if the tax liability in a financial year exceeds Rs. 10,000. Advance Tax is payable in the year in which the income is received. Under the scheme of advance tax payment, income received under every head … Continue reading Alert: Second instalment of Advance Tax is due
The Right Markup: A study on Transfer Pricing in Private Equity
Private Equity (PE) funds have been a part of India’s emerging story for more than a decade where many investments have now moulded the investment climate in India. In this article we will look at some of the issues faced by the Indian affiliates of global PE funds with respect to Transfer Pricing regulations in … Continue reading The Right Markup: A study on Transfer Pricing in Private Equity