Sorry, you need to enable JavaScript to visit this website.

Direct Tax

key
direct_tax
URL
/expertise/direct-tax

Astanor Ventures - Series A Investment in Farmjunction

Submitted by kcoadmin on Wed, 11/26/2025 - 14:58

Khaitan & Co represented Astanor Ventures in its investment in the Series A funding round of USD 22 million in Farmjunction Marketing Private Limited (d/b/a Tractor Junction) in which InfoEdge Ventures and Omnivore also participated.  

The Firm role included conducting due diligence, drafting and negotiating transaction documents on behalf of Astanor.

RPSG Group’s strategic partnership with Falguni Shane Peacock

Submitted by kcoadmin on Wed, 11/26/2025 - 13:14

Khaitan & Co advised RPSG Ventures Ltd in strategic partnership with Falguni Shane Peacock (FSP), one of India’s most iconic luxury fashion houses. 

Founded by Falguni Peacock and Shane Peacock, FSP has grown into a luxury couture house celebrated for its intricate craftsmanship, couture sensibility, and distinctive design language. Deeply rooted in India’s cultural heritage, the brand has consistently taken Indian couture to the world—dressing global icons, shaping red-carpet moments, and redefining modern luxury from an Indian lens. 

Mumbai Tribunal Grants Treaty Exemption to Singapore Company on Sale of Grandfathered Shares; Dismisses Allegations of Conduit Entity and PPT Applicability

Submitted by yvonne on Mon, 11/17/2025 - 11:25

The Mumbai bench of the Income Tax Appellate Tribunal in the case of a Temasek owned entity has allowed the capital gains tax exemption under the India-Singapore tax treaty, taking into account the commercial substance in Singapore.

Trinity Life Sciences – Strategic multi-jurisdictional acquisition of EVERSANA’s advisory services operation including India

Submitted by kcoadmin on Thu, 11/13/2025 - 11:29

Khaitan & Co advised Trinity Life Sciences on Indian law aspects of its strategic multi-jurisdictional acquisition of EVERSANA’s advisory services operation in Asia-Pacific and the Middle East, and specifically on the India acquisition which by way of slump sale on a going concern basis. In conjunction with the acquisition, Trinity and EVERSANA have also entered into a strategic collaboration to benefit shared life sciences clients in the region. 

An indirect transfer in an offshore two-tier structure is not taxable in India – Tax Tribunal rules in eBay-Flipkart case

Submitted by yvonne on Wed, 10/15/2025 - 22:15

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) in a recent case has allowed the benefit of residuary clause under Article 13 of the India-Singapore tax treaty on capital gains arising from an indirect transfer.

R.R. Donnelley & Sons Company - JV with Pragati Pack (India) Private Limited

Submitted by kcoadmin on Mon, 10/06/2025 - 11:36

Khaitan & Co advised R.R. Donnelley & Sons Company on its joint venture with Pragati Pack (India) Pvt Ltd for setting up a manufacturing unit in Hyderabad, Telangana for printing and packaging products. R.R. Donnelley is an American integrated communications company that provides marketing and business communications, commercial printing, and related services.

Lightspeed Venture Partners | Premji Invest | Series B1 Investment in Weaver Services Private Limited

Submitted by kcoadmin on Thu, 09/11/2025 - 10:51

Khaitan & Co acted as legal advisors to Lightspeed Venture Partners (through Lightspeed Venture Partners Select VI L.P.) as lead investor in the Series B1 round, and to Premji Invest (as existing lead investor making a follow-on investment), on their investments in Weaver Services Pvt Ltd, a technology-led housing finance platform focused on the affordable housing segment.