Download or read book Taxmann s Law Relating to Search Seizure Comprehensive Commentary along with Case Laws on Search Seizure FAQs Checklists etc Finance Act 2023 Edition written by Dr. Raj K. Agarwal and published by Taxmann Publications Private Limited. This book was released on 2023-04-22 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses and analyses various complicated and controversial legal issues surrounding Search and Seizure. It also aims to comprehend and address various practical aspects with the help of landmark judgements from various courts. This book will help practising tax consultants, taxpayers, academicians, and tax administrators. The Present Publication is the 9th Edition and has been amended by the Finance Act 2023. This book is authored by Dr Raj K. Agarwal & Dr Rakesh Gupta with the following noteworthy features: • [Solutions to Practical Issues] in the form of: o Frequently Asked Questions (FAQs) o Gist of Landmark Judgements of various courts o Significant Checklists on various issues relating to the handling of Search & assessment of search cases • [Balanced View on Controversial Issues via Landmark Judgements (updated till March 2023)] from the point of view of taxpayers & the department • [Discussion on amended Reassessment Provisions] along with a discussion on various issues that may arise in the future The contents of the book are as follows: • Search and Seizure – Nature of Provisions • Circumstances when Search can be Initiated • Authorisation of Search • Validity of Search – Writ Jurisdiction • Actual Conduct of Search Operations • Seizure of Books of Accounts, Documents and Assets • Restraint Order – Section 132(3) and Section 132(8A) • Recording of Statement – Section 132(4) • Presumption under Section 132(4A) & 292C • Sections 132(8)/132(10)/132(9)/132(9A) to 9(D) & 132B • Requisition under Section 132A • New Assessment or Reassessment Scheme of Search Cases as Introduced by the Finance Act, 2021 • Assessment of Search Cases under Section 153A/153C • Handing of Assessments in Search Cases • Attraction of Wealth Tax in Search Cases • Penalties and Prosecution in Search Cases • Application to Settlement Commission in Search Cases • Precautions before Facing Search Action

Download or read book Taxmann s Direct Taxes Manual written by and published by . This book was released on 2002 with total page 1364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Your Federal Income Tax for Individuals written by United States. Internal Revenue Service and published by . This book was released on 1996 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book AIFTP X Taxmann s Law of Evidence and Cross examination in Tax and Allied Laws Frequently Asked Questions Addressing 470 FAQs relating to evidence and cross examination written by AIFTP and published by Taxmann Publications Private Limited. This book was released on 2024-04-29 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook offers an in-depth understanding of the law of evidence and cross-examination within tax and related legal areas. It is presented in a Q&A format to tackle a broad spectrum of topics across various tax statutes. The content is methodically divided into fifteen chapters dedicated to different facets of tax law and evidence. These chapters dissect procedural and evidentiary aspects ranging from basic evidence concepts in the Income-tax Act 1961 to complex topics in International Taxation and Transfer Pricing. The handbook addresses indirect tax procedures under several acts, including the GST Act, Customs Act, and more specialised areas like Benami Transactions and the Prevention of Money Laundering Act (PMLA). It also covers aspects of the Information Technology Act 2000. It introduces new criminal law frameworks under the Bharatiya Nyaya Sanhita, 2023, Bharatiya Nagarik Suraksha Sanhita, 2023, Bharatiya Sakshya Adhiniyam, 2023, and the Indian Limitation Act, 1963. This book is tailored for tax consultants and legal advisors and serves as a practical guide for applying the law of evidence in tax-related proceedings, including: • Assessments • Re-assessments • Appeals It is especially pertinent for those practising in virtual assessment and appeal environments, where precise evidence handling is crucial. The Present Publication is the Latest Edition, commissioned by the All India Federation of Tax Practitioners and published exclusively by Taxmann. It is edited by Dr K. Shivaram, and authored by CA. M.V. Purushottama Rao, Adv. P.V. Subba Rao, Adv. Paras Savla, Adv. Rahul Hakani, Adv. Sham V. Walve, Adv. Divesh Chawla, Adv. Aditya Ajgaonkar, Adv. Shashi Ashok Bekal, Adv. Tanveer Khan and CA. Yash Ranglani. The noteworthy features of the book are as follows: • [Practical Q&A Format] with a focus on complex legal issues in tax (both direct and indirect) and various economic laws • [Structured Format] Each chapter addresses specific legislation, discussing the following: o Core Concepts o Application Challenges o Procedural Aspects • [Detailed Analysis] on topics such as: o Intricate aspects of evidence and cross-examination techniques o Evidentiary challenges and legal strategies in dealing with documents such as microfilms, computer printouts, and electronic records o Advanced topics like transfer pricing, General Anti Avoidance Rule (GAAR), and the role of evidence in international transactions o New Criminal Law Framework: § Bharatiya Nyaya Sanhita § Bharatiya Nagarik Suraksha Sanhita § Bharatiya Sakshya Adhiniyam • [Expert Authorship] Authored by 10+ stalwarts in the field, the book encapsulates the depth of experience and knowledge of its contributors, who are recognised professionals in law and taxation. The structure of the book is as follows: • [Basics to Advanced Topics] Starts with fundamental concepts of evidence and moves to complex issues in re-assessment proceedings, international transactions, and cross-border issues, including transfer pricing and GAAR • [Cross-Examination Techniques] Dedicated sections on the art and strategic approach to cross-examination in tax litigation, with do's and don'ts to aid practitioners in effective advocacy • [Special Focus on New Legislation] Detailed analysis of the BNS, BSA, and their implications on current tax practices and evidence handling • [Practical Approach] Each section includes practical questions and answers that help clarify the practical application of theoretical knowledge The contents of the book are as follows: • Income-tax Act, 1961 – Evidence – Concepts and Basics o This chapter introduces and discusses the definition and basic features of 'Evidence' outlined in the Bharatiya Sakshya Adhiniyam, 2023. An analysis of how courts interpret 'Evidence' under the Evidence Act, 1872, and the relevance of these interpretations within the context of the Income-tax Act, 1961 § FAQ.1 – FAQ.18 – It provides a detailed analysis covering the provisions of the Income-tax Act that refer to 'Evidence,' including direct and indirect references to the Evidence Act and the Bharatiya Sakshya Adhiniyam, 2023. The chapter discusses the evidentiary value of confessional statements, the credibility assessments by Assessing Officers, and the legalities surrounding cash credits, among other pivotal discussions • Income-tax Act, 1961 – Rules of Evidence o This chapter discusses the various types of assessments under the Income-tax Act, 1961, such as Summary Assessment, Scrutiny Assessment, Best Judgment Assessment, and Faceless Assessment. It examines the powers conferred upon Income-tax Authorities to collect evidence and the circumstances under which Assessing Officers can accept or reject claims made by assessee § FAQ.19 – FAQ.44 – It provides an extensive analysis of how evidence plays a critical role in the assessment process, including the manner and mode of service and communication of notices to the assessee. The chapter also addresses the evidentiary value of third-party statements and the judicial requirement of notice or summons service § FAQ.45 – FAQ.90 – It further discusses the nuances of evidence in income tax assessments, covering a wide range of topics from the justification of sham documents in assessment proceedings to the scope of protective income-tax assessments under the Act. This segment explores the legal basis for adjustments, the right of cross-examination, and the implications of various assessment methodologies • Income-tax Act, 1961 – Law of Evidence – Re-assessment Proceedings o This chapter focuses on the nuanced legal frameworks and judicial interpretations relevant to re-assessment under the Income-tax Act, 1961, especially in light of the amendments effective April 1, 2021. It details principles of natural justice and procedural requirements for a valid re-assessment § FAQ.91 – FAQ.125 – It analyses the validity of re-assessment notices, the authority of Assessing Officers in the re-assessment process, and the judicial and procedural safeguards, including the assessment of fresh materials and the role of judicial notices in re-assessment scenarios § FAQ.126 – FAQ.129 – It concludes the re-assessment discussion by addressing the judicial precedents set for re-assessment under the Income-tax Act, focusing on the limits of the Assessing Officer's powers and the legal requirements for a valid re-assessment. It includes topics on the interpretation of limitation periods and the effects of court findings on re-assessment procedures • Income-tax Act, 1961 – Law of Evidence – Search, Seizure and Survey Proceedings o This chapter examines the procedures and legal precedents governing search, seizure, and survey under the Income-tax Act. This chapter also elaborates on the evidentiary values assigned to documents, electronic records, and statements collected during these operations § FAQ.130 – FAQ.152 – It analyses the admissibility and reliance on evidence gathered from search and seizure operations, including the impact of admissions made during searches, the legal status of documents seized, and the procedures following search actions for assessing undisclosed income § FAQ.153 – FAQ.155 – It concludes the discussion on search and seizure by examining the evidentiary value of statements made post-search actions, the legal standing of such statements in court, and the assessability of surrendered income post-retraction of a statement made under duress or mistake • Income-tax Act, 1961 – Law of Evidence – Appellate Proceedings o This chapter discusses the appellate mechanisms within the Income-tax framework, detailing the powers available to appellate authorities in accepting and evaluating new evidence and the procedural norms for a fair appellate review § FAQ.156 – FAQ.192 – It reviews the application of additional evidence in appeals, the criteria for admitting fresh evidence, and the procedural expectations from the appellants at various appellate levels, including the strategic use of evidence in influencing appellate decisions § FAQ.193 – FAQ.196 – It concludes the appellate discussion by delving into the powers of the Income-tax Appellate Tribunal, including the admission of new evidence, the tribunal's duty to inquire independently, and the scope of directions it can issue while deciding appeals. It explores the legal remedies available against procedural errors and the recalibration of appellate decisions based on new facts or evidence • Income-tax Act, 1961 – Law of Evidence – International Transaction, Transfer Pricing and General Anti-Avoidance Rules (GAAR) o This chapter covers evidence considerations in international tax disputes, transfer pricing adjustments, and the application of GAAR, outlining the types of evidence pivotal in these contexts and their interpretative challenges § FAQ.197 – FAQ.240 – It provides a detailed discussion on the evidentiary requirements for supporting transfer pricing methodologies, the role of tax residency certificates in treaty benefits, and the evidential implications of GAAR in structuring international transactions • Rule of Evidence in Indirect Tax Proceedings (Central Goods and Services Tax Act, 2017) o This chapter analyses the evidentiary aspects under the GST framework, addressing the documentary and procedural requisites for registration, claims, and compliance, as well as the powers of the GST appellate tribunal concerning evidence § FAQ.241 – FAQ.292 – It examines issues such as the acceptability of electronic records, the implications of non-compliance with summons, and the procedural norms for the submission and adjudication of evidence in GST proceedings § FAQ.293 – FAQ.303 – It discusses advanced topics in GST-related evidence, including using digital records in proceedings, the admissibility of electronic records, and the legal consequences of destroying or secreting documents. This segment also covers procedural questions related to the electronic submission of documents and the automatic acceptance of digital records by authorities • Customs Act, 1962 – Law of Evidence o This chapter investigates the evidence law as it applies to the Customs Act, including the admissibility of statements under duress, the role of digital records, and the judicial review of evidentiary decisions made by customs authorities § FAQ.304 – FAQ.323 – It focuses on the principles governing the collection and use of evidence in customs proceedings, the challenges in proving the illicit nature of goods, and the legal thresholds for the admissibility of electronic evidence in customs violations • Law of Evidence – Benami Transactions (Prohibition) Act o This chapter explores the evidential challenges and legal interpretations associated with benami transactions, particularly the determination of true ownership and the applicability of procedural laws in benami property disputes § FAQ.324 – FAQ.354 – It discusses the statutory definitions of benami transactions, the evidentiary burdens placed on parties, and the role of evidence in adjudicating disputes under the Benami Transactions Prohibition Act • Law of Evidence – Prevention of Money-Laundering Act, 2002 o This chapter discusses the unique evidence issues in money laundering cases under the PMLA, including the treatment of confessions, the admissibility of illegally obtained evidence, and the presumptions about the burden of proof § FAQ.355 – FAQ.366 – It analyses the procedural nuances and evidentiary standards required to establish money laundering under the PMLA, including the implications of the act's overriding effect over other legal provisions • Information Technology Act, 2000 – Law of Evidence o This chapter reviews the interplay between the IT Act and tax law, focusing on the admissibility of electronic records, the legal requirements for electronic signatures, and the challenges associated with digital evidence in tax proceedings § FAQ.367 – FAQ.383 – It covers the critical aspects of electronic evidence under the IT Act, including the standards for certifying digital records, the admissibility of communications • Bharatiya Nyaya Sanhita, 2023 – Law of Evidence o This chapter examines the newly instituted Bharatiya Nyaya Sanhita, 2023, highlighting its impact on the adjudication processes, particularly in abetment, criminal conspiracy, and the furnishing of false information. It discusses the definitions, implications, and evidentiary requirements set forth by the new legal framework § FAQ.384 – FAQ.405 – It analyses the detailed legal questions regarding abetment, the nuances of criminal conspiracy, the legal responsibilities surrounding false information, and the procedural implications for evidentiary submissions under the Bharatiya Nyaya Sanhita. • Bharatiya Sakshya Adhiniyam, 2023 – Income-tax Act, 1961 o This chapter discusses the implications of the Bharatiya Sakshya Adhiniyam, 2023, for evidence handling within the Income-Tax Act. It addresses how this new evidence act interfaces with tax law, focusing on admissibility, evidentiary burdens, and judicial practices. § FAQ.406 – FAQ.426 – It thoroughly examines court procedures, evidentiary criteria, and legal presumptions under the Bharatiya Sakshya Adhiniyam as applied to tax law. This includes discussions on the admission of electronic evidence, the roles of public servants, and the importance of expert opinions in tax litigation § FAQ.427 – Q.448 – It closes the discussion on the Bharatiya Sakshya Adhiniyam's application to tax law by focusing on the practical aspects of evidence handling in court. This includes the distinction between primary and secondary evidence, the relevance of public and private documents, and the legal implications of electronic evidence. It addresses the burden of proof, the doctrine of estoppel, and the protection afforded to communications between a lawyer and their client • Indian Limitation Act, 1963 – Law of Evidence o This chapter focuses on the interaction between the Indian Limitation Act, 1963, and tax law, particularly how time limitations can influence the admissibility and effectiveness of evidence in tax proceedings. It covers the acknowledgement of debts, the effects of financial statements as acknowledgements, and the legal precedents that govern these relationships § FAQ.449 – FAQ.458 – It investigates various scenarios under the Limitation Act that affect the tax law, such as the impact of an acknowledgement in writing on the limitation period and whether electronic communications can constitute an acknowledgement. This chapter also discusses the consequences of late filings and the legal nuances of appeals related to limitation issues • Cross-Examination – Law of Evidence - Do's and Don'ts During Cross-Examination o This chapter provides a comprehensive guide on the proper procedures and strategic considerations for cross-examination within tax litigation. It outlines best practices, potential pitfalls, and the critical importance of cross-examination in establishing the credibility of evidence § FAQ.459 – Q.472 – It offers a thorough overview of examination techniques, the legal value of confessions made during searches, and the implications of denying an opportunity for cross-examination. It also discusses the procedural rights and responsibilities that govern the presence of witnesses and the admissibility of their statements in tax disputes

Download or read book Taxmann s CLASS NOTES for Indirect Tax Laws IDT SAAR Paper 8 IDT Explaining provisions of the law in simple language with diagrams charts Colour Coded CA Final Nov 2022 Exam written by CA (Dr.) Mahesh Gour and published by Taxmann Publications Private Limited. This book was released on 2022-06-29 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is prepared exclusively for the Final Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI. It is a one-stop solution to conquer the vast subject of Indirect Taxation easily. This book aims to explain the complicated provisions of the law in a simplified manner with the help of charts & diagrams. This book covers the following laws: • GST Act • Customs Act • Foreign Trade Policy The Present Publication is the 5th Edition & updated till 30th April 2022 for CA-Final | New Syllabus | Nov. 2022/May 2023 exams. It is authored by CA (Dr.) Mahesh Gour & CA (Dr.) K.M. Bansal, with the following noteworthy features: • Strictly as per the New Syllabus of ICAI • [Pictorial Presentation/Charts with Handwritten Fonts] are used in the book for easy understanding of complex concepts • [Multi-Colour Coded Book] which follows the below structure: o Black – Heading, Sub-Heading & Important Words o Blue – Matter/Content o Red – Section, Rules & Schedules o Green – Key Code, Date, Month § Amendments for December 2021 § Amendments for May 2021 • [Author's View] for conceptual clarity • [RTPs & MTPs of ICAI] This book covers references to RTPs & MTPs Questions of ICAI • [Amendments Applicable for Nov. 2022 Examination] are especially highlighted The contents of the book are as follows: • Goods & Services Tax o GST in India – An Introduction o Supply under GST o Charges of GST o Exemptions of GST o Place of Supply o Time of Supply o Value of Supply o Input Tax Credit o Registration o Tax Invoice, Credit & Debit Notes o E-Way Bill o Accounts and Records o Payment of Tax § Payment of Tax, Interest and other Amounts § Tax Deduction at Source and Collection of Tax at Source o Returns o Refunds o Assessment and Audit o Inspection, Search, Seizure and Arrest o Demand and Recovery o Liability to Pay in Certain Cases o Offences and Penalties o Appeals and Revision o Advance Rulings o Miscellaneous Provisions • Customs & Foreign Trade Policy o Basic Concept of Customs o Types of Duties o Classification of Imported and Exported Goods o Import Procedure o Valuation o Duty Drawback o Warehousing under Customs o Baggage, Stores and Import by Post o Transit and Transshipment o Refunds under Customs o Foreign Trade Policy

Download or read book Taxmann s Tax Practice Manual Exhaustive 1 900 pages Amended by the Finance Act 2023 Practical Guide 330 case studies covering 30 topics for the Tax Professionals written by Mahendra B. Gabhawala and published by Taxmann Publications Private Limited. This book was released on 2023-04-26 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax Practice Manual is an exhaustive (1,900 + pages), amended (by the Finance Act 2023) & practical guide (330+ case studies) for Tax Professionals of India. This book will be helpful for Chartered Accountants, Lawyers/Advocates, and Tax Practitioners to assist them in their day-to-day tax work. This book is divided into two parts: • Law Relating to Tax Procedures, including Tax Practice (covering 25+ topics) • 330+ Case Studies (covering 30+ topics) The Present Publication is the 9th Edition and has been amended by the Finance Act 2023. This book is authored by Mahendra B. Gabhawala with the following noteworthy features: • Law Relating to Tax Procedures o [Lucid Explanation in a Practical Manner with Checklists & Necessary Tips] for the law relating to the Tax Procedures o [Exhaustive Coverage of Case Laws] o [Fine Prints & Unwritten Lines] of the law are explained in a lucid manner • Tax Practice o [Elaborated & Threadbare Analysis] of every aspect of Tax Practice • Case Studies o [330+ Case Studies] to deal with real-life animated situations/problems faced by tax practitioners • Draft Replies o For the Notices sent by the Department o Petitions to the Department • Drafting & Conveyancing o [Complete Guide to Drafting of Deeds & Documents] covering the following: § Affidavits § Wills § Special Business Arrangements § Family Arrangements § Power of Attorney § Lease, Rent & Leave and Licenses § Indemnity and Guarantee § Charitable Trust Deeds, etc. The contents of this book are as follows: • Law Relating to Tax Procedures o Tax Practice o Pre-assessment Procedures o Assessment o Appeals o Interest, Fees, Penalty and Prosecution o Refunds o Settlement Commission – ITSC, Interim Board & Dispute Resolution Committee (DRC) o Summons, Survey, Search o TDS and TCS o Recovery of Tax o Special Procedures o Approvals o STT, Deemed Dividend, Tax on Liquidation, Reduction and Buy Back, MAT and AMT o RTI, Ombudsman o Drafting of Deeds o Agreement, MoU o Gifts, Wills, Family Arrangements o Power of Attorney, etc. o Lease, Rent, License, etc. o Sale/Transfer of Properties o Tax Audit o Income Computation & Disclosure Standards o Virtual Digital Assets o Significant Amendments by Finance Act 2023 o Prohibition of Benami Property Transactions Act 1988 • Case Studies o Tax Practice o Pre-Assessment Procedures o Assessment – Principles and Issues o Rectification of Mistake o Revision o Appeals to JT. CIT (Appeals)/CIT (Appeals) o Appeals to – ITAT – High Court – Supreme Court o Interest Payable by Assessee o Penalties o Prosecution o Refunds o Dispute Resolution Panel o Survey o Search & Seizure o Tax Deduction at Source o Recovery of Tax o Trust, Mutuality, Charity o Firm o LLP – Limited Liability Partnership o Right to Information – RTI o Agreement, MoU o AOP – Association of Persons o HUF – Hindu Undivided Family o Gifts o Wills o Family Arrangements o Power of Attorney o Indemnity and Guarantee o Lease, Rent, Leave and License o Sale/Transfer of Properties o Tax Audit o Prohibition of Benami Property Transactions Act, 1988

Download or read book Direct Taxes Ready Reckoner written by Dr. V. K. Singhania and published by . This book was released on 2009-07-01 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Top Direct Tax Rulings in 2023 Taxmann com Research written by Taxmann and published by Taxmann Publications Private Limited. This book was released on 2023-12-30 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 2023 witnessed a plethora of pivotal Direct Tax judgments that are essential for taxpayers and revenue authorities to note. This article provides an analytical overview of the year's top 20 Direct Tax case laws, as reported on Taxmann.com | Research. Each case law in this compilation is accompanied by a brief three-line digest and comprehensive headnotes, meticulously crafted and scrutinized by a team of expert professionals. We aim to highlight the core issue and the principle of the decision (ratio decidendi) in each case while seamlessly integrating it with all related records. This approach ensures a comprehensive understanding of each judgment for our readers.

Download or read book Taxmann s Permanent Establishment Emerging Trends Complete Guide for Resolution of Complexities Involved in the Concept of Permanent Establishment October 2020 Edition written by The Chamber of Tax Consultants and published by Taxmann Publications Private Limited. This book was released on 2020-11-17 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of Permanent Establishment has emerged as intriguing and complex subject. This book serves as a complete guide for resolution of complexities involved in the concept of permanent establishment. The structure of the book is as follows: • This book opens up with ‘adaptation of Indian domestic tax laws’ to the ‘global trend’ • The advent of ‘Significant Economic Presence’ and its ramification on the changing concept on business connection has been deliberated in this book • Evolution of permanent establishment (‘PE’) in the e-world • Insights into Multilateral Conventions (‘MLI’) & OECDs position on the changing garb of PE • The book closes with the impact of changing philosophy of PE in the international tax space & in the domestic tax legislature. The contents of the book are as follows: • Introduction • Territorial nexus becomes aerial • Adaptation of Indian Domestic Laws • PE in digital economy • PE under Data Localisation Regime • Server as PE • Modification in Agency PE definition • Modification in Independent agent definition • Preparatory or auxiliary activities • Construction PE – Journey, Abuse and Remedy • Conclusion • Annexures 𝚘 Relevant Provisions of the Act 𝚘 OECD Model Convention (Relevant extract) 𝚘 PE Articles under various treaties 𝚘 Relevant Articles of Multilateral Conventions 𝚘 MLI Impact on PE Article of treaties extracted in Part III

Download or read book Tax Administration 2021 Comparative Information on OECD and other Advanced and Emerging Economies written by OECD and published by OECD Publishing. This book was released on 2021-09-15 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is the ninth edition of the OECD's Tax Administration Series. It provides internationally comparative data on aspects of tax systems and their administration in 59 advanced and emerging economies.

Download or read book Tax Morale What Drives People and Businesses to Pay Tax written by OECD and published by OECD Publishing. This book was released on 2019-09-11 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlocking what drives tax morale – the intrinsic willingness to pay tax – can greatly assist governments in the design of tax policies and their administration, particularly in developing countries where compliance rates are low. This report builds on previous OECD research to identify some of the key socio-economic and institutional drivers of tax morale across developing countries, and seeks to test for evidence of the social contract by examining the impact of public services on tax morale. It also uses new data on tax certainty as an entry point to explore tax morale in businesses, where existing research is very limited. Finally, the report identifies a range of factors related to the tax system that may affect business decision making, how they vary across regions, and suggests some areas for future research. Overall, the report provides a range of suggestions for further work, and how tax morale considerations can be integrated into holistic tax compliance strategies.

Download or read book Indirect Taxes written by V. S. Datey and published by . This book was released on 2013 with total page 878 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Current Challenges in Revenue Mobilization Improving Tax Compliance written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-01-29 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper addresses core challenges that all tax administrations face in dealing with noncompliance—which are now receiving renewed attention. Long a priority in developing countries, assuring strong compliance has acquired greater priority in countries facing intensified revenue needs, and is critical for fairness and statebuilding. Series: Policy Papers

Download or read book 48th GST Council Meeting Analysis of Recommendations Taxmann s Indirect tax Research and Advisory written by Taxmann Publications and published by Taxmann Publications Private Limited. This book was released on 2022-12-22 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GST Council held its 48th meeting and recommended several amendments and clarifications under the GST law. These recommendations covered a wide range of topics, including: • Measures to ensure payment of tax by suppliers or reversal of input tax credit (ITC) by recipients in cases of mismatches in Form GSTR-1 and GSTR-3B of the supplier • Filing restrictions on GST returns/statements • Decriminalization of offences under GST • Clarification on several practical issues • Exemptions from GST for certain types of residential dwellings and incentives paid to banks • GST rates on various goods Taxmann's Advisory and Research team has analyzed these recommendations in detail and shared its views on the implications of these changes. Read Taxmann's Analysis to know more!

Download or read book Cracking the Code written by Peter Eric Hendrickson and published by . This book was released on 2003-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed history and analysis of the actual statutes behind the Internal Revenue Code revealing the surprisingly limited reach of the American income tax.

Download or read book Taxmann s Customs Law Practice with Foreign Trade Policy 2023 Comprehensive yet concise graded analysis subject topic wise on Customs Law FTP in India Finance Act 2023 Edition written by V.S.Datey and published by Taxmann Publications Private Limited. This book was released on 2023-04-29 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a subject/topic-wise, comprehensive yet concise commentary on Customs Law & Foreign Trade Policy in India. The Present Publication is the 25th Edition and has been amended by the Finance Act 2023. This book is authored by V.S. Datey with the following noteworthy features: • [Graded Analysis] starting from the background/basic aspects of the law followed by the procedural aspects in simple language • [All-Important Case Laws] have been discussed and explained briefly and concisely, along with contrary decisions, which will enable the professionals to draft suitable replies to show cause notices • [Comprehensive Analysis on Customs Law] with statutory provisions and case laws o [Four Pillars of Customs Law] which includes discussions on the following: § Taxable Event § Types of Customs Duties § Valuation § Rate of Duty, including classification, exemptions and remissions o [All-important Topics with Statutory Provisions & Case Laws] which includes analysis of the following: § Assessments & Appeals § Demands § Refunds § Warehousing • [Topic-wise Discussion on Foreign Trade Policy 2023] along with relevant provisions in respect of each topic are discussed for ease of reference and understanding • [Issues Relating to Export/Import] such as: o Export/Import Policy of Goods o Procedures o Advance Authorisation/DFIA o EPCG o RoDTEP/RoSCTL o Gem & Jewellery o EOU/STP/EHTP/BTP o SEZ o Deemed Exports o IFSC • [Interlinking] of the following: o Foreign Trade Policy o Customs Act o GST Law The detailed contents of the book are as follows: • Introduction to Customs Duty • Types of Custom Duty • Classification of Goods • Principles of Classification of Goods • Valuation for Customs Duty • Methods of Valuation for Customs • Valuation of Export Goods • Assessment in Customs • Administrative Set-Up of Customs • Customs Procedures • Import Procedures • Export Procedures • Customs Brokers • Baggage • Customs Procedure for Courier and Post • Exemption from Customs Duty • Interpretation of Exemption Notification • Specific Exemptions in Customs • Remission, Re-Imports and Re-Exports • Departmental Adjudication • Demands of Customs Duty and Interest • Interest for Delayed Payment of Customs Duty • Demands for Undervaluation of Customs Duty • Demands for Suppression, Wilful Misstatement or Collusion • Recovery of Dues • Refund of Customs Duty and Interest • Warehousing in Customs • Enforcement Powers of Customs Officers • Penalties of Non-Payment Customs Duty • Other Penalties in Customs Act • Confiscation in Customs • Miscellaneous Provisions in Customs Law • Criminal Offences in Customs • Settlement Commission • Proofs in Adjudication and Prosecution • Appeals – General Provisions • Departmental Appeal and Review • First Appeal and Revision • Appeal to Tribunal • Powers and Limitations of the Tribunal • Appeal to High Court and Supreme Court • Overview of Foreign Trade Policy 2023 • General Provisions Relating to Imports and Exports • Imports of Goods • Export of Goods • District as Export Hub • Advance Authorisation • DFIA • Gem and Jewellery Units • RoDTEP and RoSCTL • EPCG and Project Imports • EOU/EHTP/STP/BTP • Deemed Exports • Quality Complaints and Trade Disputes • Cross Border Trade in Digital Economy (E-Commerce) • SCOMET • Miscellaneous Provisions in FTP • Duty Drawback • Special Economic Zones • FT (D&R) Act and Rules • International Financial Services Centre (IFSC) • Appendices o Key Highlights of Foreign Trade Policy 2023 o Foreign Trade Policy 2023 o Handbook of Procedures 2023 o List of Appendices as per FTP 2015-2020 o List of ANFs (Aayat-Niryat Forms) as per FTP 2015-2020 o Important Customs Notifications relevant to FTP o Foreign Trade (Development and Regulation) Act, 1992 o Foreign Trade (Regulations) Rules, 1993 o Amnesty Scheme for One Time Settlement of Default in Export Obligations by Advance and EPCG Authorization Holders

Download or read book Taxmann s Customs Law Practice with Foreign Trade Policy Comprehensive yet concise graded analysis subject topic wise on Customs Law FTP in India Finance No 2 Act 2024 written by V.S.Datey and published by Taxmann Publications Private Limited. This book was released on 2024-09-19 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive handbook provides an in-depth, topic-wise analysis of Customs Law and Foreign Trade Policy in India. It covers key areas such as customs duties, classification, valuation, procedures, exemptions, penalties, appeals, and sector-specific provisions like SEZs and EOUs. It includes practical insights through statutory provisions and case laws. It interlinks Customs, Foreign Trade, and GST Laws for a holistic understanding. This book is helpful to customs professionals, customs house agents, legal practitioners, and businesses involved in international trade providing clear, accessible commentary and practical tools for understanding complex customs and trade regulations. The Present Publication is the 26th Edition and has been amended by the Finance (No. 2) Act 2024. This book is authored by V.S. Datey with the following noteworthy features: • [Graded Analysis] The book provides a clear, step-by-step approach, starting with foundational concepts and gradually progressing to more complex procedural aspects of customs law. This graded analysis caters to both newcomers seeking a basic understanding and seasoned professionals looking to refine their expertise • [Comprehensive Coverage of Customs Law] Discusses the four foundational pillars of customs law—Taxable Event, Types of Customs Duties, Valuation, and Rate of Duty—the book provides thorough explanations enriched with statutory provisions and relevant case laws. The key topics include the nuances of assessments, appeals, demands, refunds, and warehousing, ensuring a comprehensive grasp of the customs landscape • [Detailed Treatment of Customs Procedures] Extensive sections cover customs procedures such as import and export processes, customs clearance, self-assessment, provisional assessment, and best judgment assessment. Additionally, baggage rules, courier and postal imports/exports, and warehousing regulations are discussed in detail • [Practical Insights with Case Law Analysis] The commentary is fortified with a wide array of important case laws, including discussions on contradictory judgments. This practical approach enables professionals to anticipate different judicial outcomes and draft precise responses to show cause notices • [Foreign Trade Policy 2023] A comprehensive section dedicated to the Foreign Trade Policy 2023 covers key areas such as the Export/Import Policy of Goods, procedures for Advance Authorisation/DFIA, EPCG, RoDTEP/RoSCTL, and sector-specific schemes for gems and jewellery, EOUs, STPs, EHTPs, and SEZs. This section is designed to provide clear guidance on the application of the policy in various trade scenarios • [Interlinking of Customs, Foreign Trade, and GST Laws] The book offers an integrated view by interlinking Customs Law, Foreign Trade Policy, and GST Law, providing insights into how these laws interact and impact overall trade operations. This interconnected approach is particularly beneficial for professionals dealing with multi-faceted trade and tax compliance issues • [Administrative and Enforcement Insights] In addition to statutory provisions, the book sheds light on the administrative setup and enforcement mechanisms within customs, including the powers of customs officers, the binding nature of departmental circulars, and the procedures for departmental adjudication • [Sector-Specific Guidance and Special Provisions] It includes tailored content for specialised sectors such as gems and jewellery, EOU/STP/EHTP/BTP units, and SEZs, providing specific guidance on compliance, benefits, and procedural requirements unique to these sectors. The focus on sector-specific provisions makes the book highly relevant for entities operating in these specialised areas • [Focused Analysis on Penalties, Appeals, and Adjudication] The book thoroughly examines penalties related to customs violations, including improper imports/exports, undervaluation, and suppression of facts. It details the complete appeals process from initial departmental levels to higher judicial authorities like the High Court and Supreme Court • [Practical Tools for Reference and Navigation] To facilitate ease of use, the book includes practical tools such as detailed chapter heads, a section-wise index, a glossary of acronyms, and a comprehensive table of contents The book is organised into distinct chapters, each focusing on critical aspects of Customs Law and Foreign Trade Policy: • Introduction to Customs Duty o It covers the basics, including the nature of customs duties, the classification and rate of customs duty • Types of Customs Duties o Provides a detailed breakdown of various duties such as Basic Customs Duty, IGST, GST Compensation Cess, Social Welfare Surcharge, Protective Duties, Countervailing Duties, Anti-Dumping Duty, Safeguard Measures, and Export Duty • Classification and Valuation of Goods o Discusses the principles and rules for classification under the Customs Tariff Act, valuation methods in line with WTO guidelines, and specific valuation challenges such as second-hand goods and specialised items • Procedural Aspects of Customs o Details the step-by-step customs procedures for imports, exports, warehousing, and special provisions for bonded goods, ensuring comprehensive procedural knowledge • Exemptions, Remissions, and Concessions o Discusses the conditions and interpretations of exemptions from customs duties, including specific exemptions for projects and goods under certain schemes, guiding maximising compliance benefits • Enforcement, Penalties, and Appeals o It covers the enforcement powers of customs officers, the adjudication process, penalties for non-compliance, confiscation, and the full spectrum of appeal options, including appellate tribunals and judicial remedies • Foreign Trade Policy Insights o Provides a discussion on Foreign Trade Policy 2023, including key changes, procedural updates, and specific guidelines for compliance with various schemes like EPCG, RoDTEP, SEZs, and more • Special Economic Zones and Deemed Exports o Details the policies, procedural requirements, and benefits associated with SEZs and deemed exports, providing targeted insights for businesses involved in these specialised trade zones • Miscellaneous Provisions and Advanced Topics o Includes discussions on the administration of customs laws, quality complaints, trade disputes, cross-border trade in the digital economy, and duty drawbacks