Solicitor General Mohan Parasaran, who is highly regarded for his legal acumen, court craft and ice-cool temperament, has, on the eve of his resignation from the post, spoken his heart out on the ills plaguing the Country and what can be done to salvage the situation

Analysis Of Two Important Judgements (Jan – March 2014) CA Anant N. Pai No practitioner can afford to be unaware of the latest judgements & whether experts view the judgement as being right or wrong. Towards that end, the author …

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The Right to Information Act, 2005 is a potent tool for tax payers to find solutions to their everyday problems. Unfortunately, most taxpayers & tax professionals have not understood the scope and potential of the Act. The author, an eminent and veteran Chartered Accountant, has explained the law in the simplest possible manner and given several practical examples so that all taxpayers can derive full benefit from the RTI law

The power of search & seizure is a potent tool for the department to unearth unaccounted income. However, to mitigate the possibility of its misuse by over-zealous officials, the law has incorporated several safeguards. The author, an eminent advocate with rich experience in the subject, has explained the entire law in a succinct manner. His check list will ensure that the department and the taxpayers are always on the right side of the law

No practitioner can afford to be unaware of the latest judgements & whether experts view the judgement as being right or wrong. Towards that end, the author has agreed to take time out of his busy schedule to make an analysis of landmark judgements every quarter. In this part, the author has identified four landmark judgements analyzed them with a critical eye and identified their strengths & shortcomings

The Advance Pricing Agreement Scheme (APA), which was notified on 30.08.2013, presents a steep learning curve for the taxpayers and the revenue though it has been in operation in other countries for several years. The authors have, after deep study of the Indian law and that prevailing in other Countries, identified all the complexities in the Scheme and suggested measures to resolve them

S. 43CA: Tax Implications On Builders And Real Estate Developers Dr. (CA) Raj K. Agarwal & Dr. Rakesh Gupta, Advocate S. 43CA, which provides that the profits on transfer of immovable property held as stock-in-trade shall be computed on the …

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Hon’ble Shri. H. L. Karwa, President of the Tribunal, reminds all of us that character is the professional’s greatest asset. A professional is expected to have high moral character and that is why Courts implicitly trust a professional’s word. The professional is expected to reciprocate the trust by conducting himself in a dignified manner. He cautions us that professionals must be careful never to betray that trust, even unknowingly

Hon’ble D. Manmohan, a veteran at the Bar and the Bench, shares some invaluable tips on how young professionals should argue matters in Court and become better advocates. Sincerity to the Court & the client, mastery over the facts and the law, an ability to word hard and tirelessly and a never-say-die attitude are necessary attributes for success in the legal profession says the learned Judge

In a short but succinct article, the author has dealt with the controversial topic whether stake money received by jockeys is liable for TDS or not. After thorough research and a systematic study of sections 194BB and 194J of the Act, the author has drawn the conclusion that there is no present obligation to deduct tax on these payments