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 the Honourable Supreme Court
  • Observations and final rulings of Honourable Supreme Court
  • Way Forward

Taxation Of MNCs – Heading Towards a Resolution

Key Takeaways:

  • Background of BEPS Conflict
  • Recommendations and Measures in place
  • Significance and impact of G7 Policy Decision
  • Way forward on implementation
  • For taxation of MNCs