From the Editor-in-Chief

Dr. K. Shivaram

 President’s Message

M. L. Patodi

 March of the Professional


Gist of the inaugural address by Hon’ble Mr. Justice Anil R. Dave Judge, Supreme Court of India at National Tax Conference, Hyderabad

Business in India N. M. Ranka (Paper presented at "Luncheon Discussion meeting" with the officials of Japan Federation of Certified Public Tax Accountants’ Associations, Tokyo)

 In Pursuit of Knowledge


Direct Taxes


Taxability of Gifts (including Shares & Securities) under the Income Tax Act, 1961

K. C. Devdas

Payments to Non-Residents – Tax Deduction therefrom

H. Padamchand Khincha

Indirect Taxes


Service Tax Issues in Cross Border Services

V. Lakshmikumaran

Controversial Issues under CST – u/s. 6(2) and Declarations

Nikita Badheka

 Treasure Trove

Inspirational One … Anyway


 Heart & Humour

Eight clues to happiness


 Nut Crackers


Direct Taxes


Questions & Answers

N. M. Ranka, Sampath Raghunathan & K. K.Chythanya

Questions & Answers

H. N. Motiwalla

Indirect Taxes


Questions & Answers

C. B. Thakar

Questions & Answers – Service Tax

Sampath Raghunathan



Opinion – Dire Consequences of CST Amendments

Vinayak Patkar

Opinion – Gist of Amendments by Finance Act, 2010 Rajkamal Shah 55



K. V. Ramaswamy, & Vijay S. Choksi

 Tax World


Sales Tax

P. C. Joshi

ITAT – Flash Figures of Institution, Disposal and Pendency of Appeals as on 1-7-2010