To alleviate the backlog of tax litigation, the government has raised the monetary thresholds for the ITD’s appeals - Rs 60 lakhs for Tribunals, Rs 2 crs for High Courts, and Rs 5 crs for the Supreme Court. By elevating the monetary limits, the government aims to focus judicial resources on more impactful cases, thereby reducing the pendency and accelerating the path to finality.
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Pranav has over 23 years of specialist experience in banking and finance and debt capital markets and is widely regarded as one of the leading lawyers in these areas
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The transaction was advised by Mr. Ashok Satyanathan (Partner), Ms. Sweta Mehta (Associate Partner), Ms. Avni Gupta (Associate) and Mr. Arnab Das (Associate)
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The deal team comprised Pritha Chatterjee (Partner), Neeati Narayan (Principal Associate), Rishabh Bhojwani (Senior Associate), Abhishek Jha (Associate), M Arun Kumar (Partner), Ahona Pal (Senior Associate), Harshit Manaktala (Senior Associate), Anurag Mawai (Associate) and Aayushi Kulshreshtha (Associate)
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Dr. Subhash Chandra was represented by Trust Legal through Partners, Ms. Ritwika Nanda & Ms. Petal Chandhok and Associate, Ms. Shruti Gupta
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