June 2010

From the Editor-in-Chief	Dr. K. Shivaram
President’s Message	M. L. Patodi
March of the Professional
Effective Dispensation of Justice (Speech at Regional Refresher Course for members at Mumbai on 4th & 5th November, 2006 as Vice President, ITAT)	R. V. Easwar
Speech delivered by P. V. Subba Rao, Vice President, AIFTP in the Symposium on GST held in Hyderabad on 5-5-2010
In Pursuit of Knowledge
Direct Taxes Deemed Income u/s. 56(2)(vii) in case of Receipt of Immovable and certain movable properties	Narayan Jain & Deepak Jain
Indirect Taxes Road Map of GST	J. S. Uppal
Treasure Trove
Anything is Possible
Heart & Humour
It’s All in the Mind.
Nut Crackers
Direct Taxes Questions & Answers	H. N. Motiwalla
INDIRECT TAXES Questions & Answers	C. B. Thakar
Quest
Opinion – Penalty for Late Filing of VAT Audit Report	Vinayak Patkar
Opinion – Applicability of Service Tax on multi-model transport and logistic service in relation to export and import of service	Rajkamal Shah
Billionaire	K. V. Ramaswamy, Vijay S. Choksi & C. S. Gourinadh
Tax World
Sales Tax	P. C. Joshi
Statute Update	Rajkamal Shah