articles
Direct Tax
GAAR in practice: Lessons from Ayodhya Rami Reddy Alla and Anvida Bandi
24 十月 2025
The article discusses how the GAAR framework has recently seen its application tested by the Telangana High Court through two consequential, yet contrasting, rulings.
Intellectual Property
When a pump photo pumps up a legal dispute: Untangling copyright and design law
22 十月 2025
The article discusses the recent decision of Madras High Court in case of A. Ruthramoorthy and Ors. v. P. Moorthy and Ors. The case unfolded as a nuanced examination of statutory interpretation, legislative intent, and judicial precedent highlighting the complex interplay between copyright and design regimes in Indian intellectual property law.
Securities Laws
Key clarifications under the SEBI issued FAQS 2025
17 十月 2025
The article discusses the key clarifications provided in the recently issued FAQs by SEBI for research analysts.
Intellectual Property
The mark endures: Trademark goodwill beyond the sale of goods
17 十月 2025
The article discusses the recent decision of Division Bench of the Delhi High Court in the case of Carlton Shoes Ltd. v. VIP Industries Ltd. The Court delivered a significant verdict upholding the primacy of territorial goodwill over global reputation, while also holding that goodwill attaches to the mark as a whole, not just to a specific category of goods.
Goods and Services Tax
When are development rights actually transferred: A one-time grant on date of agreement or a continuous supply?
14 十月 2025
The article discusses the specific aspect of development rights such as why determining time of transfer of development right is crucial for GST compliance?
Regulatory
Step-by-Step Guide to obtaining a licence under Scheme X of BIS for machinery and electrical equipment
14 十月 2025
This article provides a brief step-by-step guide on obtaining a licence or certificate of conformity from the Bureau of Indian Standards for machinery and electrical equipment pursuant to the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024 (‘OTR Order’).
Intellectual Property
Balancing innovation and conservation: The intersection of Indian patent law and biodiversity law
14 十月 2025
The intersection of patent law and biodiversity regulation is a collaborative safeguard. It ensures that India’s future remains both inventive and inclusive, while its rich biodiversity is sustainably protected.
International Trade & WTO
India-UK FTA: Unlocking opportunities for bilateral trade in goods
07 十月 2025
The article discusses the various aspects of the FTA, the tangible opportunities available to Indian and UK exporters, and the potential challenges with compliance.
Corporate, Mergers & Acquisitions / PE
Streamlining Fast Track Mergers with Budget 2025
06 十月 2025
The article discusses the amendments made by the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 in Rule 25 of the CAA Rules, 2016, which are effective from 4 September 2025. The changes rationalise the process of Fast Track Mergers in line with the Union Budget 2025.
Economic Offences
Guide to investigation, adjudication and appeal under Indian Foreign Exchange Law
01 十月 2025
With the enactment of the Foreign Exchange Management Act, 1999, India had advanced towards a more liberalized regime for management of foreign exchange. The law was changed from regulation and control to management of foreign exchange by decriminalizing the violations.
Customs
Customs Tariff classification v. Origin compliance – Does one prevail over the other to avail FTA Benefits?
30 九月 2025
The article discusses the recent decision of Hon’ble Supreme Court in the case of LG Electronics India, which held that origin compliance in case of FTAs takes precedence and is of supreme importance. The decision cleared the path for importers intending to avail the benefit of FTAs.
Goods and Services Tax
Self-Assessed or Self-Trapped? The reach of Section 75(12)
29 九月 2025
The article discusses Section 75(12) of the CGST Act which encompasses a recovery mechanism by permitting the department authorities to bypass the adjudication process in respect of cases where the assessee has already self-assessed the tax liability but has failed to discharge the corresponding liability.
Intellectual Property
Patenting antibodies of the future – De novo designed antibodies
25 九月 2025
The article focuses on de novo antibody design. These antibodies are fully developed and selected by AI against specific targets or epitopes while also addressing critical factors like affinity, cross-reactivity, and developability.
Goods and Services Tax
Taxability of post sale discounts: Recent changes – Certainty, confusion and calls for reform
24 九月 2025
The article discusses recent changes in the tax treatment of post-sale discounts following the GST 2.0 reforms. It highlights the certain proposed amendments to the legislation governing discounts, and discusses the certainty, confusion, and what are the calls for reform.
Direct Tax
When Judges disagree: The Shelf Drilling case and the road ahead
23 九月 2025
The article discusses the differing interpretations sought to be given by the Income-tax Department and the taxpayers to the provisions of Sections 144C and 153 of the Income Tax Act.
Corporate, Mergers & Acquisitions / PE
Fully diluted ownership: Beyond issued equity shares
23 九月 2025
The article states that calculating shareholding on a fully diluted basis presents a more nuanced and comprehensive understanding of a company’s ownership structure, however, its application depends on the specific circumstances and contractual understanding between the parties.
Goods and Services Tax
To litigate or to settle: Another challenge for taxpayers under West Bengal Entry Tax
18 九月 2025
The article discusses the challenge for taxpayers under West Bengal Entry Tax.
Regulatory
AI in Enterprise - Strategy, Risk, and Governance
16 九月 2025
Artificial Intelligence is no longer a futuristic concept for enterprises - it’s here now, promising improvements in efficiency, insights, and innovation.