Current Issue

In the High Courts: Part A

• Capital gains — Transfer — Law applicable — Effect of amendment of Transfer of Property Act in 2001 — Agreement for sale of property which is not regi...
• Income from other sources — Deductions — Scope of s. 57(iii) — Not necessary that expenses should have resulted in income — Sufficient if nexus is est...
• Offences and prosecution — Wilful attempt to evade tax — Presumption of culpable mental state u/s 278E — Self-assessment return filed — Delay in payin...
• Reassessment — Notice u/s 148 — Limitation — Law applicable — Constitutional validity of provisions — Effect of enactment of s. 148A with effect from ...

President's Message

This 15th August, India completed 75 years of its independence. Tumultuous, testing, trying or glorious - whichever way you may describe these years, it is possibly the most significant moment for all of us. Watching the Indian tricolour fluttering in the gentle breeze and listening to the enthusiastic and melodious rendering of the National Anthem left me with a lump in my throat.