October 2010

From the Editor-in-Chief	Dr. K. Shivaram
President’s Message	M. L. Patodi
March of the Professional
Palkhivala – A legend and Role Model to students of Law by Hon’ble Mr. R. V. Easwar, President, ITAT
Laws Students must take up the Profession – Law Professionals absolutely Necessary for the well being of the nation by Hon’ble Mr. D. Manmohan, Vice President (Mumbai Zone), ITAT
In Pursuit of Knowledge
Direct Taxes
Settlement Commission and Direct Taxes Code Bill, 2010	S. R. Wadhwa
Cross Border Business Reorganization – The Indian Perspective	Aniket Singhania & Vaibhav Shukla
Indirect Taxes
Transit Sales under the CST Act, 1956	P. V. Subba Rao
Amendments by the Finance Act, 2010 to the CST Act, 1956	Vinayak Patkar
Treasure Trove
Koshish Karne Walon Ki Har Nahin Hoti
Heart & Humour
The Tao of Forgiveness
Nut Crackers
Direct Taxes
Questions & Answers (Brains’ Trust)	N. M. Ranka, Narayan Jain & Sanjoy Bhattacharya
Questions & Answers	H. N. Motiwalla
Indirect Taxes
Questions & Answers	P. C. Joshi
Billionaire	K. V. Ramaswamy, Vijay S. Choksi & Ms. Saranya V.
Tax World
Service Tax – Statute Update	Rajkamal Shah
Report of 7th Nani Palkhivala Memorial National Tax Moot Court Competition List of Participating Colleges