Taxmann Review Bulletin! ⚡
In the latest edition of Taxmann Review Bulletin, we decode the following:
Direct Tax Laws
• Aspects to be considered on application of MFN Clause of Tax Treaty
• New rules for registration and approval of NGOs w.e.f. 01-04-2021
• SOFR as a replacement of LIBOR: Transfer Pricing considerations
• Taxation of software payments – Understanding tax implications based on IP law
Goods & Services Tax
• Beneficial Exemption: Should it be construed in a Strict or a Liberal way?
• The uncertainty encircling ITC availment on Corporate Social Responsibility
Insolvency & Bankruptcy Code
• Supreme Court upholds the sanctity of Resolution Plan & the ‘Clean Slate Theory’ under IBC
#TaxmannBooks #TaxmannUpdates #IncomeTax #GST #Insolvency #Bankruptcy
