Ayushi Agarwal Introduction In order to understand the reason why auditors and audit firms are the first target in any financial fraud, it is first important to know what auditing really is. Audit is defined as “an independent examination of financial information of an entity whether profit making or not, and irrespective of its size…
Anti-Competitive Implications of Horizontal Shareholding: How can CCI address it?
Vamsi Krishna discusses the diminishing competitive intensity, due to the control and influence held by certain investors in competing companies, and the CCI’s method of screening and a critique to the same with the analysis on certain CCI orders.
The CCI’s Jurisdiction: Analysis of the Amazon decision in light of CCI v. Bharti Airtel
Anoushka Chauhan, a student at NALSAR University of Law, discusses CCI’s jurisdiction by an analysis of the amazon decision in light of the decision provided in the case of CCI vs. Bharti Airtel
Scrapping of Retrospective tax laws by Taxation Laws (Amendment) Bill, 2021
Priyansha Gupta, a fourth year law student at Jaipur National University, Jaipur, discusses the need and elimination of retrospective laws of Taxation which came into force in 2012. It comprises of the history of this law, why this law was enforced at that time, was it the right decision or not.
She also discusses the neccesity of this law at present time and its after effects for betterment of India financially.
Banking Ombudsman – Redressal for customer complaints
Kritika Mundra, a final year B.COM LL.B.(H) at Amity University Kolkata, writes on the establishment of an ombudsman in the banking sector in order to resolve the complaints of the customers in a speedy and a time bound manner. The Banking Ombudsman (BO) Scheme was set up by the Reserve Bank of India (RBI) in 1995 to give fast answers for complaints looked at by bank clients. She also discusses the present Banking Ombudsman Scheme of 2006.
CONCEPT OF ZERO RATED SUPPLY
Atmakuri Srivalli, a 5th year law student from Symbiosis law School Hyderabad, attempts to evaluate the intricacies of zero rated supply and the way forward with zero rated supply under the GST regime.
Face to Faceless-: Understanding the Challenges to the new tax scheme
Ansh Kumar and Arunabh Rajan, students of Gujarat National Law University, analyzed the process of assessment and tried to establish how is the scheme problematic and against the principles of Natural Justice, we have also highlighted the present judicial trend and behavior in regards to the scheme in the conclusion part.
INTERPLAY OF INTELLECTUAL PROPERTY AND COMPETITION LAW: A FUNDAMENTAL PARADOX
Praveen Sharma, a second year law student at Maharashtra National Law University Mumbai, writes on the Interplay of IP and Competition law in India and attempts to explain and address the paradox between the fundamentals of both laws.
Lalit Kumar Jain v. Union of India – The End of a Protracted Saga
Rahul Nair, a fourth year student at National University of Advanced Legal Studies, Kochi, analysis the case of Lalit Kumar Jain v. Union of India
Faceless Assessment Scheme: Bain or Boon to Taxpayers?
Karri Gayatri, a final year student of Jindal Global Law School, O.P. Jindal Global University, analysis the Faceless Assessment Scheme which is implemented with regards to income tax assessments.