I am privileged to be present here today with you all and participate in the inaugural function of the 8th Nani Palkhivala Memorial National Tax Moot Court Competition. December 16, at Template for full paper presentation Please use these template to present your full paper: I wish the participants all the best. The difference between a coparcenary and a Hindu Undivided Family has been lucidly explained by the Supreme Court in several cases arising under the income-tax law. Above all, be brief and know when to stop! If you read some of the recent orders of the ITAT concerning international taxation and transfer-pricing issues, you will find proof of my statement in them.
I gave you those illustrations which immediately came to my mind and I mentioned them only to disprove the view held in some quarters that income-tax law is a technical and dry subject. Lord Denning compared it with streams of water. Thank you and Jai Hind! I may clarify that dedication is not restricted to your client but should extend to the Law and to the system of Justice that we must all strive to preserve and uphold. Keep the decibel levels low. If you read some of the recent orders of the ITAT concerning international taxation and transfer-pricing issues, you will find proof of my statement in them. I am unable to subscribe to this view.
Consequently, the city has all the expected resources of a modern destination banking, Wi Fi, etc. Therefore, unless you are well-versed with the basic principles governing other branches of law, it will be difficult to come to grips with tax law and make an effective representation before the courts or the tribunals.
Many new entrants believe that there are number of precedents on each issue and there is not much scope for further growth. It is interesting to note that the amendment made in the year to section 2 47 of the Income-tax Act to rope in transactions of the nature described in palkuivala 53A of the Transfer of Property Act has its seeds in the argument put forth by Mr.
San Carlos de Bariloche is competihion in the Andes mountain range of southern Argentina, is recognized for its stunning array of snow capped peaks, forests, lakes and waterfalls. Malik ,the Principal of the Government law College, Prof.
20133 Because we keep you informed about the latest gesearch in the world of tax. Rajagopala Sastriappearing for the revenue before the Supreme Court in the case of Alapati Venkataramiah in — 23 years before the amendment was actually made — to the effect that a transfer of possession after receiving consideration, without there being an actual registered document, is sufficient to attract capital gains tax.
The tribunals and the Courts will be the losers.
With these few words I thank all of you for a patient hearing. Is also a world famous tourist destination for glorious summers and in the winter has the largest ski resort in South America. The question whether a karta of a Hindu Undivided Family can enter into a partnership with strangers with the help of his palkhivaka property, even while remaining joint with his coparceners, was finally settled in the affirmative by the Privy Council in in the case of Lachman Das.
We in the Tribunal happily welcome you to come and enlighten us! I gave you those illustrations which immediately came to my mind and I mentioned them only to disprove the view held in some quarters that income-tax law is ppaer technical and dry subject. To do otherwise, to import our own personal values or prejudices, would be to undermine the principles of justice. It is one of the most fascinating branches of law. nzni
The Nani Palkhivala National Tax Moot Court Competition 2011
For a better identificacion of the files, Please name your file using researcu name and surname eg: More so, I am told that this trend is pronounced in the field of taxation law. There are not many branches of law with which so many other branches of law have interplay.
Notify me of new posts by email. I would strongly appeal to those of you who want to make a mark in the field of taxation to read thoroughly the first volumes of the Income Tax Reports and find cpmpetition yourselves whether it is correct to say that income tax law is dry and technical! Ageing Management, Modernization and Refurbishment.
9th Nani Palkhivala Research Paper Competition
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Palkhivalawhich readily come to my mind are: Lord Denning compared it with streams of water. You can book in advance the transfer from the airport, Please indicate flight date, Company and flight number.
What happens when a joint family enters into a partnership with another joint family and how the number of partners is to be reckoned was an interesting question that was decided by the Supreme Court in Dulichand Laxminarayan. The climate is seasonal, and in this time of the year our spring can vary rexearch sunshine and warm to chilly and rainy.
Complicated questions relating to Hindu Undivided Family and its properties, rights of coparceners and its karta, partition, throwing of self-acquired property into the family hotchpotch etc. For example, the difference between the property law in India and that in England with particular reference to the question whether different persons could hold the land and the superstructure was applied in a tax matter as far back as in the case of Madras Cricket Club.
Some names, other than the late Mr. December 16, at Apart from this, one very important aspect which I must tell you about tax law in India is that it is one of those rare branches of law to which all other branches of law apply significantly and some of the leading cases concerning other branches of law have been decided in matters arising under the tax law. Leave a Reply Cancel reply Your email address will not be published.
The problem today, as I understand, is that there seems to be a marked reluctance on the part of the law graduates, particularly those who pass out from prestigious law institutes and reputed colleges, to join the legal profession.