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Is Computer Software a Good or a Service?
Goods or Services? Understanding the Classification of Computer Software under GST Introduction: The classification of computer software as either a good or a service has been a contentious issue for businesses since the service tax regime. However, the Goods and…
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Distribution Waterfall in AIFs: A Complete Guide
When an Alternative Investment Fund (AIF) exits an investment, the proceeds do not flow to investors and fund managers in any order they choose. A contractual sequence in the Private Placement Memorandum (PPM) and the Limited Partnership Agreement (LPA) governs…
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Fixed-fee Compliance Scoping for a US-parent SaaS Company
The compliance conversation at the point of India incorporation is relatively straightforward: you have a list of obligations, a clean slate, and a CA who designs the system from the first transaction. The conversation eighteen months later is a different…
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