DVS Research Foundation (DRF) is the CSR initiative of DVS Advisors LLP. DRF was set up as a virtual foundation for intellectual interactions and has more than 1600 members from 20+ countries. Our members span across diverse professional backgrounds including Academicians, Chartered Accountants, Lawyers, Bankers, Business owners (across sizes), Bureaucrats and Public representatives. Since inception we have conducted more than 300 programs on topics from Constitution, Economy, Taxation, Banking, Legal, Public policy and Global finance to name a few.
Capital Gains is one of the most intriguing heads on taxation of income. Capital gains fundamentally refers to taxation of income or gains arising on account of transfer or alienation of a capital asset. While the scope of taxation looks simple, the operational mechanism for enforcement is ambiguous given the issues in classification, ownership, nature, period of holding, etc. In this book, an attempt is made to simplify the understanding and application of various sections of this topic including:
International taxation is one of the most ambiguous and litigation prone domains of taxation which has gained tremendous attention globally in the last few years. Revenue authorities have been aggressive in attacking creative and tax evasive structures and have proactively framed rules to check leakages. The OECD Action Plan (2015) on BEPS has provided significant guidance to countries in shaping up their domestic legislation and India has proactively embraced these recommendations progressively in the succeeding budgets. The purpose of the book is to give a reasonable understanding of the subject of international taxation and the focus has been to make the subject as simple as possible. The main features of this book are:
Transfer pricing as an area of practice has assumed enormous significance given the inherent ambiguous nature of the law and the scope for wide interpretations. The recent decisions by courts and the actions of the Revenue are an indicator of the direction in which this levy is poised. The book is viewed as an assessor’s and practitioner’s guide to transfer pricing to facilitate the interpretation and compliance of the legislation. Some of the highlighting features of this book are:
