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Mukesh Bhutani is managing partner of BMR Legal Advocates, an independent law firm specialising in tax policy, advocacy, and disputes. He has been leader of tax practice in the Big 4 accounting firms. Mr Bhutani is a commerce graduate from the University of Bombay and holds a bachelor's degree in law. He qualified as a Chartered Accountant in 1985 and practiced as a fellow member until 2010. Since then, he has been enrolled as an advocate and is a member of Bar Council of Delhi.
Mukesh Bhutani is managing partner of BMR Legal Advocates, an independent law firm specialising in tax policy, advocacy, and disputes. He has been leader of tax practice in the Big 4 accounting firms. Mr Bhutani is a commerce graduate from the University of Bombay and holds a bachelor's degree in law. He qualified as a Chartered Accountant in 1985 and practiced as a fellow member until 2010. Since then, he has been enrolled as an advocate and is a member of Bar Council of Delhi.
New rule leaves room for discretion in determining whether a foreign company can be said to be resident in India
The Budget sticks to the 3Cs of tax policy - certainty, clarity and consistency
The FM has signalled financial sector and capital market reforms by committing to implementing recommendations of the Financial Sector and Legislative Reforms Commission
To some extent, the AP High Court has settled the debate in favour of the taxpayer in the case of Sanofi
The verdict serves as reference for invoking treaty abuse provisions in the absence of General Anti-Avoidance Rules
Finance minister tries to put house in order before reforms are unveiled in February
The first important deliverable for the new administration will be to roll out a credible budget
Questions arise in the context of India's obligations towards its tax treaty partners
India's action is a significant step for compliance with international transparency standards on exchange of information
The high court, in its wisdom, felt that the administration violated the terms and conditions of an important treaty obligation
Data suggest that a tax rate increase for a few rich people puts little back into the economy compared to an across-the-board increase
The issue to look at is whether fall in SEZ investment can be addressed by partly restoring MAT and dividend distribution tax
But Mr Chidambaram could have done more to calm investors
FM has imposed an added responsibility on chartered accountants to report tax avoidance arrangements as an integral part of tax audit report
Flip-flop on GAAR, FIPB turning down FDI proposal for Trent-Massimo Dutti JV show problems are plenty in doing business in India