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Desai Diwanji, Platinum buff steroid-maker Symbiotec with $48m Actis funds

Desai & Diwanji advised Indore-based steroids manufacturer Symbiotec Pharmalab, its promoter and 22 other shareholders in the Rs 292 crore ($48m) investment by private equity (PE) firm Actis Medal Sports for a 69.9 per cent stake. Actis...

NLS – TIOL Taxation Law Moot Court Competition (January, 2013)

NLS – TIOL Taxation Law Moot Court Competition (January, 2013) We write to you on behalf of the Moot Court Society of National Law School of India University, Bangalore. We are pleased to inform you that we will be organizing the First Edition...

What is charge of income-tax and how it is deducted from the source of income?

Income-tax Act, 1961 4 Charge of income-tax (1) Where any Central Act enacts that income-tax shall be charged for any assessment year at any rate or rates, income-tax at that rate or those rates shall be charged for that year in accordance with,...

How to determine the scope of my total income with respect to income tax act?

Sec 5. of Income-tax Act, 1961 deals with the Scope of total income: (1) Subject to the provisions of this Act, the total income of any previous year of a person who is a resident includes all income from whatever source derived which- (a) is...