India’s first real estate investment trust (REIT) is soon going to be a reality. The first REIT initial public offering (IPO) by Embassy Office Parks, a Bangalore-based real estate developer backed by Blackstone Group LP, a global private equity firm, is open for investment between March 18 and 20, 2019. The Embassy Office Parks REIT plans to raise ₹4,570 crore through the IPO. Suraj Nangia, Partner with inputs from Mansi Chopra, Manager contributed an article on Liaison Office – A taxable presence? for Corporate Professionals Today magazine, Taxmann.

The finance minister announced the I-T department’s upcoming project wherein the ITRs would be processed within 24 hours and refunds, if any, will be issued simultaneously. Further, it was declared that verification and assessment of ITRs will be done electronically by an anonymised back office consisting of tax experts and officials. Suraj Nangia, Partner with inputs from Radhika Arora contributed an article on Budget 2019: Govt makes income tax compliance easy by processing refund in 24 hours for Financial Express.

The income tax department on Monday allowed the manual filing of form by resident and NRI taxpayers wanting to apply for deduction of taxes at a lower or nil rate on total income. Suraj Nangia, Partner shares his views on aforementioned story for following publications:PTI (This news has been picked up by 34 other news publications including Economic Times, Business Standard, Financial Express, Business Today etc.): Hindu Business Line I-T dept allows manual filing by resident, NRI taxpayers for nil/lower TDS certificate – Suraj Nangia