We are glad to be associated with ASSOCHAM National Conference on GST as a Gold Partner to the event. Rajat Mohan, Director- Indirect Taxation spoke at Nangia Advisors- ASSOCHAM National Conference on GST in Delhi. He discussed his insights on Valuation rules and Input tax credit under GST.

Insolvency is a state or condition of a person who is unable to pay his debts. Bankruptcy on the other hand is a situation whereby a court of competent jurisdiction has declared a person or an entity insolvent, having passed appropriate orders to resolve it and protect the rights of the creditors. Neha Malhotra, Executive Director contributed article on Bankruptcy code for faster resolution for creditor for Financial Express.  

In a big win for the income tax department, the Supreme Court has held that the Formula One World Championship (FOWC) in motor racing is liable to be taxed in India for the F1 Grand Prix Championship. The apex court has upheld the view of the high court (HC) here, that FOWC has a permanent establishment (PE) in India. In this case, the Buddh International Circuit constituted this, on account of the assessee’s continued presence for two weeks prior and one week after the race.

1. Rakesh Nangia, Managing Partner shares his views on aforementioned story for Business Standard- Stand alone story. 
2. Rakesh Nangia,  Managing Partner shares his views on Impact of GST on homebuyers for Livemint.
3. Rajat Mohan, Director- Indirect Taxation shares his views on To avoid hoarding, market distortions, Centre unlikely to announce GST rates soon for Financial Express. 

The CBDT issued a clarificatory circular to assert that its move of December 16, 2016 to remove Cyprus, a popular tax haven, from the country’s tax blacklist would indeed have a retrospective effect from November 1, 2013. Rakesh Nangia, Managing Partner shares his views on aforementioned story for Hindu Business Line.  Neetu Brahma, Nangia & Co shares her views on HRA CLAIMS for Hindu Business Line.