Alerts & Updates 2nd Jul 2024

ELP Tax Update – Recent Developments in Direct Tax

Authors

Dipesh Jain Partner | Mumbai
Sumeet Agrawal Associate Partner | Mumbai
Saiyam Jain Associate | Mumbai

Latest Thought Leadership

News & Media 16th May 2025

Orissa HC directs tax depart to pay 6% interest to Vedanta on delayed customs refund

Read More
Alerts & Updates 15th May 2025

A Fresh Setback to Secured Creditors — And a Deep One

Read More
Alerts & Updates 15th May 2025

Changes to SEBI’s Cyber Security and Cyber Resilience Framework for AIFs

Read More
Events 12th May 2025

Session on Global Trends in Receivable Assignment and Litigation Funding and Insolvency Professional Oversight | May 16, 2025 | 5.00 PM onwards

Read More

In this update, we have discussed Mumbai ITAT’s ruling that no tax recovery proceedings could be initiated against Corporate Debtor under liquidation under the IBC Code. We have also discussed Delhi ITAT’s decision in the context of non-applicability of the deeming provisions of section 50C of Income Tax Act, 1961 on transfer of lease hold rights.

Read the detailed update here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.