CBDT (Central Board of Direct Taxes) had specified the new angel tax valuation rules for the issue of equity and preference shares to residents and non-residents on 25th September 2023. S. Rohit Kumar, Counsel, and Himanshu S. Sinha, Head of Tax Practice at Trilegal, explore the nuanced implications of India’s revised angel tax valuation rules on investors, taxpayers, and the broader economic landscape.
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Deal: Trilegal adviced GreenCell Mobility on USD 35 Million Fundraise from Impact Fund Denmark

Trilegal successfully represented Phoenix ARC before NCLAT in setting aside of the liquidation order of Supreme Best Value Kolhapur (Shiroli) Sangli Tollways in lieu of restoration of CIRP under Section 33(1A) of the IBC

How GST 2.0 sets the stage for the next wave of reforms
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