Taxation laws, Vat laws and Taxing Power In Democracy
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Taxation laws, Vat laws and Taxing Power In Democracy

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Royalty - Taxability Under Vat Laws

Intellectual Property Rights (IPR) and Incorporeal goods is the most talked of subject as on date. Law on various aspects on this subject is still in the making. Over the period, the definition of “GOODS” has undergone a sea change. The development of economies have resulted in shifting the focus from tangibles to intangible goods. written by: Sanjeev Malhotra - Added Date: 31 Mar 2009

Tax implications in a product loan transaction

There have been many instances in our country where the sales tax commission has wrongly taxed a product loan transaction as a sale solely on the consideration that it involves the movement of goods between two different organisations and the value of these goods can be calculated*.However, this transaction will come within the purview of a sales tax authority if the goods that are in transit are anything other than the raw material of that companies or a finished product that are of interchangeable quality to the other's retail outlet. - - Aishwarya Reddy - Added Date: 31 Mar 2009

Hutch Vodafone Merger – An Issue of Tax Planning

It is a landmark case that will severely impact the Mergers & Acquisitions (M&A) landscape in India. No matter which way it goes, the Vodafone versus IT department tax case will have an indelible impact on the M&A landscape of India. Last year British Telecom giant Vodafone paid Hong Kong based Hutchison International over USD 11 billion to buy Hutchison’s 67% stake in Indian telecom company Hutchison Essar. The transaction was done through the sale and purchase of shares of CGP, a Mauritius based company that owned that 67% stake in Hutch Essar - - Ravi P Vyas & Sonam Gupta - Added Date: 22 Jul 2009

Taxing Power In Democracy

Power is a measure of a person's ability to control the environment around them, including the behavior of other persons. The term authority is often used for power perceived as legitimate by the social structure. Power can be seen as evil or unjust; indeed all evil and injustice committed by man against man involve power. The exercise of power seems endemic to humans as social beings - - Lakshmi.S - Added Date: 24 Feb 2010

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