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Tag: Finance Act

New tax provision for digital assets

The Finance Act 2022 has inserted a new section in the Income-tax Act, 1961, under which a person responsible for paying to any resident for the transfer of a virtual digital assets (VDAs) will be able to deduct 1% of the paid amount from his or her income tax

Court acts on reassessments

Supreme Court Justices MR Shah and BV Nagarathna passed a slew of directions for reassessment notices

Axed!

Tax takeaways

Overhaul of debenture related stamp duties

By Aditya Vikram Dua and Arjit Sahni, SNG & Partners

Denial of pre-GST credit transition open to challenge

By Sudipta Bhattacharjee and Onkar Sharma, Advaita Legal

Service tax net may catch manufacturers outside India

By Ravi Singhania and Sunil Kumar,Singhania & Partners

MOST READ ON VANTAGE ASIA

Deals of the year China 2023

China Deals of The Year 2023

From blockbuster issuances to fiercely contested disputes, we proudly unveil the Deals of the Year 2023

Revamping consumer finance regulation

Revamping consumer finance regulation: NFRA’s planned amendments

By Guan Zhenming, Joint-Win Partners

Correspondents

Compliance strategy

How consumer, retail companies can capture compliance and profits

By Quan Kaiming and Yuan Wei, AllBright Law Offices

Product-by-process claim lesson in appeal judgment

By Pravin Anand, Vaishali Mittal, and Siddhant Chamola, Anand and Anand
DSO criminal compliance obligations

New laws tighten DSOs’ criminal compliance obligations

By Ekin Zeng and Chen Yitao, AllBright Law Offices

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