Bits of Interest

1. The judgment of the Supreme Court in CIT v. Walfort Share & Stock Brokers is available here. The Court revisits the debate on tax avoidance. A summary is also available at the link.

2. Readers may be interested in guest posts by Shantanu Naravane and V. Niranjan on the Lex Arbitri blog. Shantanu has discussed Section 9 of the Arbitration & Conciliation Act, 1996. In particular, he discusses the question, ‘Against whom can remedy under Section 9 lie?’ Niranjan discusses ‘Recent Developments on the Scope of Section 11’.