Shri Sunil Moti Lala, Advocate has prepared a compilation of 105 Important judgments on transfer pricing (33 cases), International Tax (6 cases) and Domestic Tax (66 cases) reported in October 2016. 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 all 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.

Advocate Rahul Sarda has made a critical analysis of the provisions of the the Taxation Laws (Second Amendment) Bill, 2016 which proposes to tax unaccounted deposits of cash in the wake of the demonetization scheme. He has identified certain shortcomings …

Pradhan Mantri Garib Kalyan Yojana: Last Call To Tax Evaders To Come Clean Read More »

CA Gautam Baid has prepared a bird’s eye-view review of the Taxation Laws (Second Amendment) Bill, 2016 in which he has identified all the core points that all tax professionals and tax payers have to be aware about

CA Jaiprakash Bairagra and CA Paras Dawar have written separate articles in which they have considered the question whether penalty under section 270A of the Income-tax Act, 1961 can be levied in a case where a person has deposited his unaccounted cash in his bank account and paid due tax thereon in the return of income for AY 2017-16. Both learned experts have given cogent reasoning in support of their respective conclusions

Dr. Raj K. Agarwal & Dr. Rakesh Gupta have dealt with the controversial question whether the deposit of unaccounted high denomination notes in the bank can attract penalty under section 270A of the Income-tax Act, 1961 even though the said deposit is offered to tax in the return of income. The experts have explained the entire controversy in the proper perspective

Advocate Rahul Hakani has conducted a meticulous analysis of the new law inserted by way of section 270A of the Income-tax Act, 1961 to levy penalty for under-reporting and misreporting of income. Apart from explaining the law in the clearest possible terms, the author has provide several practical examples to illustrate the precise working of the provision

Shri Sunil Moti Lala, Advocate has prepared a compilation of 115 Important judgments on transfer pricing (37 cases), International Tax (8 cases) and Domestic Tax (70 cases) reported in September, 2016. 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 all 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

Hon’ble Justice Mr. V. Gopala Gowda of the Supreme Court has articulated the connection between taxation and the economy and how the former can be used as a tool to revolutionize the latter. The learned judge has underlined the critical role that tax professionals play in the entire process of tax levy and collection and has given important pointers on what the professionals are required to do to facilitate the process

Justice Mr. R.K. Agrawal of the Supreme Court grapples with the several problems plaguing the Indian judicial system especially in the field of taxation. He has offered practical suggestions on how some of these problems such as those relating to pendency can be resolved. He has also highlighted the role that tax professionals should play to ensure that the reforms are speedily ushered in. The learned Judge emphasizes that legal professionals owe responsibility to the taxpayers’ community and are duty-bound to extend a helping hand for reduction of litigation and checking its mushrooming tendency

CA Anant N. Pai, an eminent Chartered Accountant, has made the passionate plea that all citizens, and professionals in particular, should be vocal in their support of the Armed Forces. He reminds us that our prosperity and happiness is due to the sacrifices made by the Armed Forces in keeping the enemy at bay. Our support is the fuel that keeps the Forces going, he emphasizes