Radhakishan Rawal's Analysis of The Finance Act, 2021 And More

The Book contains detailed analysis of some of the key provisions of the Finance Act, 2021 with the objective of identifying various issues arising from the newly inserted provisions in the Income Tax Act, 1961. The Book also captures the recent development in the world of international taxation. This includes UN tax developments and a very simple explanation of working of OECD Inclusive Frameworks Pillar One and Pillar Two blueprints, which are too complex and lengthy documents. From GST perspective, the book contains certain recommendations for rationalization of anti-profiteering provisions.
The book also contains a Concept Paper on UN MLI presented by the author to the FACTI Panel and G77. The author has been pushing this idea at international forums for some time.

Key Features
Analysis of provisions related to:

• Liable to tax
• Slump sale
• MAT
• Taxation of ULIPS
• Equalisation Levy
• Amendment to SCRA
• Section 89A
• Concept of UN MLI
• OECD Pillar One and Two Blueprint
• India comments on OECD Commentary
• Covid 19 and International Tax
• Scope of option u/s 90(2) – Selective claim of treaty benefit
• Scope of PE under the domestic law
• UN Developments – Royalties, Indirect transfer and CIVs
• Rationalisation of anti-profiteering provisions (GST law)