dr. suresh surana

Dr. Suresh Surana

Certain tax provisions that were designed to be anti-abuse arrangements are acting as major roadblocks in raising funds

Anti-abuse provisions: A curse in disguise for businesses navigating the nebula of Indian taxation system

by Dr. Suresh Surana |Sep 17, 2020

For India to promote itself as an investment-friendly jurisdiction and to facilitate the revival of economy, it is imperative to scrap such provisions (i.e. Section 56(2)(viib), 56(2)(x) and Section 5...