Video Discussions on Direct (Indian) Tax Issues


On Dr. Mehta's other website (dramarmehta.com), there are many video discussions on important Indian (domestic) tax issues.

The following are some of the topics that are dealt with in those video discussions:

  • Income definition: accrual of income and the real income theory—issues and intricacies. Link
  • Inventory valuation and principle of prudence. Link
  • Inventory valuation: can taxpayers adopt LIFO method? Link
  • Inventory valuation: can tax authorities reject change of method? Link
  • Slump sale: negative net worth Two episodes: E1, E2
  • Slump sale: does transfer of a 'going concern', per se, attract Sec. 50B? Link
  • Slump sale: intricacies in respect of meaning of 'undertaking'. Two Episodes: E1, E2
  • Slump sale: does Sec. 50B apply in respect of an arrangement under company law? Two episodes: E1, E2
  • Slump sale: is contingent consideration received in an escrow account taxable in the year of transfer? Link
  • Can the Indian income tax authorities treat a transaction for sale of shares of a wholly-owned subsidiary as slump sale? Link
  • Slump sale: can Sec. 47(iv)/ 47(v) of the Income Tax Act, 1961 ("the Act") apply? Link
  • Tax treatment of arbitration awards and liquidated damages in hands of the recipients. 3 episodes: E1, E2, E3
  • Can Indian parent companies claim expense deduction under Sec. 37(1) for investments in subsidiaries written off due to losses suffered by the subsidiaries? Link