Taxation

Asset deal or share deal? In cross-border Indian M&A that one choice drives liability, tax, five layers of regulatory approval and the enforceability of every key clause. A 2026 playbook covering FEMA, CCI, SEBI, slump sales, indirect transfers, indemnities and arbitration.

Differentiating capital and revenue receipts is vital in taxation to determine tax liability. While revenue receipts from regular operations are taxable, capital receipts, often from non-recurring sources like asset sales or loans, are generally exempt unless specified.