Angel tax valuation rules notified
Download .pdf By its notification dated September 25, 2023, the Central Board of Direct Taxes (CBDT) has amended Rule 11UA of the Income-tax Rules,...
AI in Indian courts – a slow start
Download .pdf Generative Artificial Intelligence (“AI”) technologies, such as ChatGPT, are often celebrated as transformative forces across various...
Drugs, Medical Devices and Cosmetics Bill, 2023: An attempt at modernizing the regime governing medical products
Download .pdf Background The Drugs, Medical Devices and Cosmetics Bill, 2023 (the “Drugs Bill”) seeks to replace the Drugs and Cosmetics Act, 1940...
How a clerical error led to substantial tax litigation
Download .pdf The Gujarat High Court (the “HC”), in a recent ruling (the “HC Ruling”), dismissed the Indian tax department’s (the “ITD”) appeal...
Litigation Funding Agreements – Are they valid in India?
Download .pdf The UKSC’s decision On July 26, 2023, the United Kingdom’s Supreme Court (the “UKSC”), in the matter of R (on the application of...
Artificial Intelligence and Big Data regulation: Analyzing India’s emerging regulatory framework
Download .pdf The Telecom Regulatory Authority of India (the “TRAI”) has recently released recommendations on “Leveraging Artificial Intelligence...