A legal and ethical issue has been brought before the Madras High Court by the tax department raising a conflict in the applicability of the laws applicable to the pharmaceuticals company and the allied health industry. The developments are almost Shakespearean. In Shakespeare's play - Macbeth - Macbeth asks the three witches to predict his … Continue reading Madras High Court takes on Pharmaceutical Firms
We are excited to share with you that our Riverus Strategic Income Tax Research tool had not only got new looks but also is packed with robust functionalities. This tool will save your research time by offering answers to your queries in seconds. Check this quick video to get sneak peek. To get a demo … Continue reading Riverus Strategic Income Tax Research Tool v2.0 is out!
High Court Terrain Income Tax is a field of law which sees one of the heaviest volumes of litigation in India. In order to extract the most relevant insights from a humongous data set like this, categorisation becomes a very important tool. We decided to categorise the tax litigation at the High Courts in India … Continue reading To Appeal or To Writ?
And we are no different. To receive appreciation from some of the premier tax heads of the country and then to be awarded "Tax innovator of the year" feels like a caffeine shot. We are just getting started and there's a lot more cool stuff coming from us. Stay tuned! Also Read: Depreciation: Top 5 … Continue reading Everybody loves a bit of encouragement!
Welcome to The Vantage Point - the Riverus blog. We look forward to you reading our analysis, and hearing your views and feedback through comments. If you have any suggestions on articles or areas of income tax case law that you want us to analyse, please write in as a comment. (Comments on this site … Continue reading The Vantage Point
By The Ken! We are part of the cover story. They have done a nice little piece on how the pyramid like legal world could transform into a well chiselled diamond with the influence of state-of-the-art tech! Exactly our point. 🙂 Here's the article.
The Comptroller and Auditor General (CAG) report for the year that ended in March 2016, mentioned that the amount locked in pending tax cases is close to INR 8 trillion, and it is estimated that the government pays INR 50 billion as interest on the disputed tax deposited by the assessee in ITAT. An overwhelming … Continue reading The Burden of Disputes!