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Analyze recurring tax conflicts – Tax laws are the backbone of a nation’s economy. Yet, despite the structure and guidance, recurring tax conflicts continue to arise. Businesses across India often face uncertainty in interpreting tax provisions, especially under the Goods and Services Tax (GST) regime. The complexity of classification, valuation, and exemptions adds multiple layers […]
Resolving Tax Disputes – Taxation is a complex subject. When it intersects with technology and export incentives, the issues become even more intricate. One such area is the Software Technology Parks of India (STPI) scheme. Many businesses in the IT and IT-enabled services sector benefit from the deductions provided under Section 10A and Section 10B
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Top 5 Compliance Mistakes – Software Technology Parks of India (STPI) is a scheme designed to support IT and software export companies. It provides several benefits such as tax exemptions, duty-free imports, and special incentives. However, the registration process involves strict compliance with government guidelines, legal frameworks, and regulatory procedures. Many businesses make costly mistakes
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When Can NCLT Refer a Case to Criminal Court? – As advocates at Ask Advocates Law Chamber, we know the intricacies of corporate law and the NCLT. Therefore, we understand how a case moves from a civil tribunal to a criminal court. This transition is not automatic, because the National Company Law Tribunal (NCLT) is
The National Company Law Tribunal (NCLT) is a crucial body in India’s corporate legal landscape. It handles disputes related to company law. The NCLT was established to streamline corporate justice. It replaced the Company Law Board and the High Courts. The tribunal now has exclusive jurisdiction over many company matters. Consequently, it has become the
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IBC Cases in Chennai – The business world is unpredictable. Companies sometimes face financial distress. Therefore, they need a clear plan for what comes next. The Insolvency and Bankruptcy Code (IBC), 2016, provides a structured path. Consequently, it helps in reorganizing and resolving corporate insolvency. The National Company Law Tribunal (NCLT) serves as the adjudicating
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