Taxmann Review Bulletin | Taxmann.com | May 2021

New rules for registration and approval of NGOs w.e.f. 01-04-2021 DR. MANOJ FOGLA Senior Partner -SAGA LAW LLP, & Founder, SAGA

SURESH KEJRIWAL FCA

TARUN KUMAR ACA, DIIT-ICAI

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Taxmann Review Bulletin | Taxmann.com | May 2021

Published on May 4, 2021

Taxmann

Taxmann Review Bulletin! ⚡ In the latest edition of Taxmann Review Bulletin, we decode the following: Direct Tax Laws • Aspects to be considered on application of MFN Clause of Tax Treaty • New rules for registration and approval of NGOs w.e.f. 01-04-2021 • SOFR as a replacement of LIBOR: Transfer Pricing considerations • Taxation of software payments – Understanding tax implications based on IP law Goods & Services Tax • Beneficial Exemption: Should it be construed in a Strict or a Liberal way? • The uncertainty encircling ITC availment on Corporate Social Responsibility Insolvency & Bankruptcy Code • Supreme Court upholds the sanctity of Resolution Plan & the ‘Clean Slate Theory’ under IBC #TaxmannBooks #TaxmannUpdates #IncomeTax #GST #Insolvency #Bankruptcy

Articles inside

INSOLVENCY & BANKRUPTCY CODE 7 Supreme Court upholds the sanctity of Resolution Plan & the ‘Clean Slate Theory’ under IBC

11min

pages 44-51

4 Taxation of software payments – Understanding tax implications based on IP law

7min

pages 28-31

6 The Uncertainty Encircling ITC Availment on Corporate Social Responsibility

15min

pages 36-43

GOODS & SERVICES TAX 5 Beneficial Exemption: Should it be construed in a Strict or a Liberal way?

6min

pages 32-35

2 New rules for registration and approval of NGOs w.e.f. 01-04-2021

14min

pages 10-19

3 SOFR as a replacement of LIBOR: Transfer Pricing considerations

11min

pages 20-27

DIRECT TAX LAWS 1 Aspects to be considered on application of MFN Clause of Tax Treaty

8min

pages 4-9

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