Advocate Divesh Chawla has explained the entire law and procedure relating to the Authority For Advance Rulings. He has referred to the numerous controversies that have arisen on the subject and the various judgements that have resolved the controversies. He has highlighted important aspects such as the jurisdiction of the AAR, the binding effect of its rulings, modification and rectification of the ruling etc. The article will prove invaluable for all parties who intend to file proceedings before the AAR
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Year: 2017
Goods And Services Tax (GST) On Professional Services: Impact On Professionals
Advocate Rahul Sarda has analyzed the provisions of the Goods And Services Tax (GST) and their applicability to professionals such as Advocates, Chartered Accountants, Company Secretaries, Doctors, Architects, Engineers etc. He has not only explained the legal provisions but also dealt with practical issues relating to registration, filing of returns etc
Media & Entertainment Industry in GST Regime
CA Rajaram Aajgaonkar has analyzed the provisions of the Goods And Services Tax (GST) with specific reference to the Media and Entertainment industry. He has meticulously explained the implications on different categories of taxpayers such as film and TV producers, amusement parks, authors, music composers, photographers, artists etc
Special Bench Puts An End To The Controversy Of Applicability Of S. 14A Adjustment To Profit u/s 115JB
CA Jyoti Gupta has analyzed the recent judgement of the ITAT Special Bench in ACIT Vs. Vireet Investment P. Ltd on the controversial issue whether the disallowance u/s 14A and Rule 8D is required to be adjusted while computing the book profits u/s 115JB and explained its nuances in the light of the judgement of the Bombay High Court in CIT vs. JSW Energy Ltd 60 taxmann.com 303 and other verdicts
Why Is The Evidence Act So Critical For Income-tax Proceedings: Entire Law Explained With All Imp Judgements
Shri Firoze B. Andhyarujina, Sr. Advocate, has explained the entire law relating to the interplay between the Income-tax Act and the Evidence Act with particular reference to retraction of recorded statements and affidavits, cross-examination, drawing of presumptions etc. All the important judgements on the topic, including the latest Supreme Court judgements, have been discussed threadbare. The discussion will prove invaluable to all taxpayers and tax professionals. A pdf copy of the article is available for download
Digest Of Important Judgements On Transfer Pricing, International Tax And Domestic Tax (May 2017)
Shri Sunil Moti Lala, Advocate, has prepared a compilation of 160 Important judgments on transfer pricing (94 cases), International Tax (5 cases) and Domestic Tax (61 cases) reported in May 2017. The author has meticulously and systematically classified the judgments into various categories to enable ease of reference. A PDF copy of the digest is available for download. He has also given the appeal numbers in several cases so as to enable the judgements to be retrieved from the website of the respective Court or Tribunal. The digest will prove invaluable to all practitioners of taxation law
Liability Of Advocates To Register For, And Pay, GST – Entire Law Explained
Advocate P.C. Joshi, the well known expert on GST, has explained the entire law relating to whether Advocates are liable for registration, and to pay tax, under the Goods and Service Tax Act (GST). He has also explained whether the payers of fees to Advocates are liable for ‘reverse charge’. He has also clarified doubts as to whether Advocates have to issue their Memo of fees in any particular format
Tax Terrorism in India – Causes And Solutions To Eradicate It
Shri Saurabh Soparkar, Senior Advocate, has expressed outrage at the undue harassment of taxpayers by the income-tax department. He calls this harassment ‘Tax terrorism’ and argues that the root cause for it is lack of accountability. He submits that an institutional framework of “checks and balances” has to be created to prevent abuse of power and authority by the tax officials
How To Reform Tax Litigation In India – Practical Suggestions
Dr. K. Shivaram, Senior Advocate, laments that despite the strictures of the Supreme Court that the Income-tax department should “wake up“, there is not much improvement at the ground level. He argues that urgent judicial and legal reforms are absolutely imperative not only to clear the backlog of cases but also to ensure that future cases are decided promptly. He has also offered valuable suggestions to aid the process
Digest Of Important Judgements On Transfer Pricing, International Tax And Domestic Tax (April 2017)
Shri Sunil Moti Lala, Advocate, has prepared a compilation of 136 Important judgments on transfer pricing (86 cases), International Tax (12 cases) and Domestic Tax (38 cases) reported in April 2017. The author has meticulously and systematically classified the judgments into various categories to enable ease of reference. A PDF copy of the digest is available for download. He has also given the appeal numbers in some cases so as to enable the judgements to be retrieved from the website of the respective Court or Tribunal. The digest will prove invaluable to all practitioners of taxation law