Book Launch: 'Finding a Straight Line between Twists and Turns,' by Aseem Chawla

In Finding a Straight Line between Twists and Turns, Aseem Chawla presents how the Indian tax landscape has evolved, especially over the last decade or so..Chawla highlights the key milestones and events that have had a profound impact not only on the domestic tax regime and policy considerations, but also on the concurrent contemporary evolvements in the international tax landscape..The book is set to launch on Friday November 5, 2021 at 11AM.The event will see Justice Ravindra Bhat of the Supreme Court of India as the Chief Guest. Justices Vipin Sanghi and Vibhu Bakhru of the Delhi High Court will be the Guests of Honour..The emerging trend of globalization, cross-border investment and the phenomenon of business beyond or without boundaries has had a significant first-hand impact on the Indian Tax Landscape. Similarly, the after effect of the Global Financial Crisis witnessed renewed focus of both the developed and developing economics in bringing tax policies to the centre stage, endeavouring a co-ordinated action in combating tendencies which have undermined tax system..The book navigates the present Indian tax situation, the manner in which it has responded to Indian and global trends and how the landscape has evolved and shaped in the recent past. It also unveils the unprecedented impact of the COVID-19 pandemic that has left an indelible mark on the Indian economy..The author has succinctly captured the infamous Vodafone tax litigation surrounding the indirect transfer of assets, as well as some recent advance rulings wherein the beneficial provisions of tax treaties (more notably, the provisions of the unamended Indo-Mauritian Tax Treaty) have been denied to avail benefits such as non-taxation of capital gains in India..The book places emphasis on the ever-expanding horizon of economic and white-collar crime laws with the legislation of the Undisclosed Foreign Income and Assets and Imposition of Tax Act, 2015 (popularly known as Black Money Act) and the widening of the ambit of money laundering laws..The author has covered notable Supreme Court judgments including the one rendered in the NDTV case, dealing with the contentious issue of re-opening past assessments..Tune in to watch the event live here: