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Income Tax
Can a Partner’s Capital Withdrawal Be Taxed as Rental Income?
An ITAT ruling involving five Bengaluru landowners explains why withdrawing money from a partnership firm does not automatically make that money taxable as the partner's rental income.
Five landowners developed a commercial property in Bengaluru.
The...
Income Tax
Tiger Global vs India: The ₹14,500 Crore Tax Showdown
Tiger Global vs India: The ₹14,500 Crore Tax Showdown
In 2018, one of the biggest deals in Indian business history closed. Walmart bought control of Flipkart for roughly $16 billion, and early investors celebrated some...
Startups
Investor Veto Rights in Startups: The BharatPe Case
Raising capital is often treated as a milestone in a startup’s growth. Yet, investment brings more than funding. Shareholders’ agreements can give investors the power to restrict key business decisions, sometimes creating conflict between...
Finance
India’s Wholesale Inflation Goes Double-Digit
Twelve months ago, you could have called wholesale inflation in India a non-event. September 2025 came in at 0.13% year-on-year. Then September 2026 arrived at 11.39%, up from 9.92% in August.
Look at what has...
Income Tax
Charity Does Not Guarantee Tax Exemption
When an educational institution serves a charitable purpose, does that automatically entitle it to a property-tax exemption? The dispute involving Jai Hind Sindhu Education Trust before the Bombay High Court shows why the answer...
GST
GST’s Next turning point
Wider input tax credit, faster refunds and changes to enforcement: the latest GST recommendations go beyond tax rates and focus on how businesses experience compliance.
The 57th GST Council meeting, held on 8 October 2026,...
News & Events
RBI Repo Rate Hike: Impact on Corporate India
The Reserve Bank of India’s monetary policy decisions have implications that extend beyond the banking sector. A 25-basis-point repo rate hike may appear modest, but its impact on businesses can be significant, particularly for...
Income Tax
8 Completely Legal Tax-Free Incomes in India (Valid Even Under the New Tax Regime)
In a system where most deductions are removed under the new tax regime, one thing still remains powerful incomes that are inherently tax-free.
These are not loopholes or aggressive tax strategies, but explicit exemptions under...
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