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Taxation Articles


Budget 2016-17 - Income Tax & some other comments

  Mahesh Kapasi   04 March 2016 at 11:54

Introduction: This year�s overall Union Budget is just like an election budget- trying to please more of poor voters-nothing is wrong in it but schemes launched for them must be ..


Posted in Taxation  1 comments |   1175 Views


EPCG- Introduction and Procedure

  kalpesh Veer   29 February 2016 at 12:14

Introduction:-EPCG scheme enables a Indian manufacturer all service provided to obtain capital goods at nil rate of customs duty against commitment of export obligation. The objective is to facilitate import of capital goods producing quality goods a ..


Posted in Taxation |   1362 Views


GST Returns: Whether a Compliance Nightmare?

  K.S.NAVEEN KUMAR   28 December 2015 at 11:00

GST RETURNS: WHETHER A COMPLIANCE NIGHTMARE? By CA Madhukar N Hiregange & Adv. K.S.Naveen Kumar Introduction: A return is a mirror reflection of the state of financial affairs of an assessee for a specified period. It serves as an important link ..


Posted in Taxation |   1402 Views


Income tax Law vs. Property Law- A Case (Law) Study

  vswaminathan   09 December 2015 at 17:49

PROLOGUE: The topic calling for a critical analysis is the Judgment of the SC rec ..


Posted in Taxation  8 comments |   2509 Views


Settle past tax disputes before GST implementation

  K.S.NAVEEN KUMAR   24 November 2015 at 13:36

Settle past disputes & then move to GSTBy Madhukar N Hiregange, CA & K S Naveen Kumar, AdvocateA. Prelude:THERE are many disputes pending in the present indirect tax laws (both Central and State laws), which are at various stages viz., adjudication o ..


Posted in Taxation |   1086 Views


Registration process under GST

  K.S.NAVEEN KUMAR   12 November 2015 at 16:23

Registration process under Goods and Service Tax (GST) A. Prelude:The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between t ..


Posted in Taxation |   1713 Views


GST Payments - Analysis of Processes

  K.S.NAVEEN KUMAR   05 November 2015 at 15:31

Payments under GST - Business Process - By CA Madhukar N Hiregange & Adv. Naveen Kumar K S Introduction:The Joint Committee has submitted its report on various business processes in April 2015 and it was made public in October 2015. The report on ..


Posted in Taxation |   1145 Views


Interpretation of Partnership Deed to ascertain the tax liability

  Anupam Lahiri   03 November 2015 at 15:16

The write up is based on an old Supreme Court Case in the name of Commissioner of Income Tax, Patiala Vs RB Jodha Mal Kuthiala AIR 1966 SC 1433. The statute concerned is Income Tax Act, 1922 as amended by Income Tax (Amendment) Act, 1939 (1939 Act).F ..


Posted in Taxation |   1086 Views


Introduction of goods and ST in 2016 - A myth or reality?

  K.S.NAVEEN KUMAR   27 October 2015 at 11:55

Media reports and press statements by Government Officials seem to suggest that the Union Government is keen to introduce Goo ..


Posted in Taxation |   920 Views


Refunds w.r.t service exports under GST

  K.S.NAVEEN KUMAR   26 October 2015 at 11:06

Prelude: Export refunds are often a subject matter of dispute and bone of contention between the exporter and the tax department in the context of indirect ..


Posted in Taxation |   703 Views