After extensive research, the author makes out a strong case to contend that exempt income was never intended to fall within the concept of “book profits” in s. 115JB. He argues with convixtion that the judgement of the Special Bench of the Tribunal in Rain Commodities 41 DTR 449 which holds to the contrary requires reconsideration

The authors, eminent practicing advocates, have written this invaluable guide on the law of Judicial Precedents, Judicial Discipline, Contempt and Res Judicata. Apart from explaining the law in a simple and succinct manner, the authors have cited a large number of landmark judgements to support the legal propositions

The author, an eminent senior advocate, has meticulously researched the entire law on taxation of real estate transactions. The author has dealt with almost all aspects of property related transactions. Apart from his original interpretation of the law, the author has also cited all the landmark judgements on the subject

Shri. R. V. Easwar, the Hon’ble President of the Tribunal, speaks with candour on the sensitive topic of ethics with regard to the tax payer, his advisers as well as the judiciary. While he cautions assessees and tax professionals to beware of the “demon of greed”, he strongly advises the Members of the Tribunal to “scrupulously avoid misdemeanor or deviant behaviour”. The Learned Judge issues the gentle but firm reminder that ethical behaviour amongst the three stake-holders – the assessees, the Bar & the Bench – should never be compromised

The law relating to assessment of search & seizure cases is a confusing maze of complicated statutory provisions and conflicting judgements. The author, a former Vice-President of the Tribunal, uses his mastery over the subject to explain the law in his usual lucid style

No practitioner can afford to be unaware of 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 the third part, the author has identified six landmark judgements analyzed them with a critical eye and identified their strengths & shortcomings.

The author, using his vast experience as Lawyer & Judge, has not only meticulously & critically examined the provisions of the Direct Tax Code Bill relating to charities and identified several anomalies and loopholes therein, but also made several valuable suggestions on how the law should be amended to make it just & effective

Cross Border Business Reorganization: Indian Law Implications Aniket Singhania & Vaibhav Shukla Cross-Border transactions like Mergers, Acquisition, Joint Venture, Takeovers and Slump sale have serious legal implications. The authors have, in this succinct analysis, identified all the legal implications that …

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Hon’ble Shri. R. V. Easwar, qualified as a CA and a lawyer, was a very successful practicing lawyer before his elevation to the Bench. The author uses his unique experience at the Bar and the Bench and draws on the example of Nani Palkhivala and other stalwarts at the Bar to give some inspirational tips on the art of advocacy

Hon’ble Shri. D. Manmohan, practiced as a lawyer for more than 15 years before his elevation to the Bench. The author makes the impassioned plea that young lawyers should take to practicing law. He allays fear in the young minds by citing the example of Nani Palkhivala and makes the point that if one practices law with diligence and perseverance, success is guaranteed