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DVS Advisors is a tax-centric, diversified professional services organization with presence in 6 countries and partners in over 100 countries through our affiliation. Since our founding in 2007, we have earned the trust of numerous family owned businesses, entrepreneurs and midmarket corporates and have become their preferred partner for specialized tax and business advising services.

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October 23, 2021

FALLACIOUS DISREGARDING OF TRANSACTIONS THAT RESULT IN A TAX BENEFIT TO THE ASSESSEE

Key Takeaways: Facts of the case AO’s contention Ruling of CIT(A) and issues for consideration of the ITAT Observations of […]
October 23, 2021

ALLOWABILITY OF OUTSTANDING INTEREST CONVERTED INTO DEBENTURES AS AN EXPENSE U/S 43B OF THE INCOME TAX, 1961

Key Takeaways: Facts and issues of the case Rationale behind the section Ruling of lower jurisdiction authorities Rival submissions before […]
October 23, 2021

DENIAL OF EXEMPTION U/S 10(23C)

Key Takeaways: Facts and Issues of the case Observations of Honourable Supreme Court Conclusion and way forward