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Articles by Affluence Advisory

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Doctrine of Merger in case where Apex Court dismisses a Case based on Threshold

Posted by Affluence Advisory 14 May 2024 438 Views

In a recent judgment of Jharkhand HC, the captioned principle has been discussed at length.



Tax Implications on Slump Sale

Posted by Affluence Advisory 11 May 2024 1362 Views

Section 2(42C) of the Income-tax Act, 1961 (IT Act) defines the term slump sale" as the transfer of one or more undertakings, by any means, for a lump sum consideration without values being assigned to the individual assets and liabilities in such a transfer



Is the market rally fuelled by P/E expansion or Earning Expansion?

Posted by Affluence Advisory 09 May 2024 295 Views

Let's screen some data and see that if at all the rally that the market has experienced was due to P/E expansion if not Earnings expansion or both.



Direct Listing Of Share Of Indian Companies Overseas Through IFSC GIFT City

Posted by Affluence Advisory 04 May 2024 220 Views

Indian businesses will be given the "flexibility to access both markets domestic market for raising capital in INR and the international market at IFSC for raising capital in foreign currency from the global investors".



NBFCs and IT Governance: Ensuring Future Readiness

Posted by Affluence Advisory 01 May 2024 308 Views

Under the current system, there were dozens of directives and alerts regulating the realm of space, which were considered outdated given the evolving environment



Capital Market Overview

Posted by Affluence Advisory 25 April 2024 264 Views

The last few months were a roller coaster for markets, in fact few months?



Possession of material unearthed during search is prerequisite to invoke provisions of Section 153C of Income Tax Act

Posted by Affluence Advisory 23 April 2024 369 Views

In the case of a non-searched person, whose books of account or documents were found during the search (referred to as "other person"), an assessment is made under Section 153C of the Act.



Gold Price is shining - Know the reasons

Posted by Affluence Advisory 22 April 2024 588 Views

Gold operates under the fundamental price dynamics of supply and demand, similar to other capital markets. However, the couple of underlying factors influencing these dynamics are often more distinctive and can be both rational and irrational.



Guide to Buyback of Shares in India under Companies Act & Tax Considerations

Posted by Affluence Advisory 19 April 2024 1543 Views

With the flourishing economic conditions in India and the government’s proactive measures to ensure that there is ease of doing business, various foreign institutional investors, foreign multinationals companies have been making investments in the country.



SEBI Issues Guidelines for Draft Offer Documents and Returning Draft Documents and Its Resubmission

Posted by Affluence Advisory 17 April 2024 280 Views

The Securities and Exchange Board of India (SEBI) plays a crucial role in regulating the securities market and safeguarding investor interests. Among its many responsibilities, SEBI oversees the issuance of offer documents by companies looking to raise funds through public offers.




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