Tuesday, December 26, 2017

Doesn’t fit the bill

Doesn’t fit the bill: GST’s e-way bill system can hit flow of goods

 OFFHAND
".... one can expect many trucks to be intercepted after February 2018. "

This is an episode of  proverbial 'back to Square ONE" ; 'check posts' in a new avatar ?! More 'PERSONAL inter- ACTION' than ever before / 'license raj' happily ushered in via backdoor / by 'e'way' >>>>

Tuesday, December 19, 2017

Housing Society (RWA/CHS/Owneres' Association) - No Taxation ! (Contd.)


Apropos of PPs, Say - 


http://vswaminathan-swamilook.blogspot.in/2017/11/principle-of-mutuality-v-tax-exemptiion.html


PROPOSITION: 

A Housing Society , by whatever name called /designated, registered or not, is not liable to be taxed, so long as the 3 crucial Tests for applicability of the 'principle of mutuality, are satisfied.

Points to raise:
 
Not a club; hence the case law on the Issue in the instances in which the entity is a "members' club " (e.g. Bangalore Club - SC Judgment)  has no relevance or is of application.

Instead,  the Issue has to, if at all so called for /to be urged, be considered and decided having regard to the provisions of sec.  which deal with tax exemption of co-operative societies.

The SC in Bangalore Club case, rejecting the Revenue's stance, has been distinguished and not been followed; but, been decided in housing societies favor , in several SC and HC cases. And, been done so, accepting the  proposition supra

For recent Posts:
  

> https://www.facebook.com/swaminathanv3/posts/1526031497473131?pnref=story
  

>https://www.facebook.com/swaminathanv3/posts/1525936494149298?pnref=story

 Case Law (unflinchingly deciding the issue-  within) -

https://indiankanoon.org/doc/388672/


https://indiankanoon.org/doc/81423488/

Friday, December 15, 2017

Breaking: SC Extends Deadline for Mandatory Linkage Of Aadhaar With All Schemes And Services To March 31 [Read Order] | Live Law

Breaking: SC Extends Deadline for Mandatory Linkage Of Aadhaar With All Schemes And Services To March 31 [Read Order] | Live Law: The five-judges Constitution bench of the Supreme Court on Friday  extended the deadline for mandatory linkage of Aadhaar number with all services and schemes including bank accounts and mobile numbers, to March 31, 2018 In respect of bank accounts , the deadline had been extended to March 31, 2018, with leniency in so far as …

Thursday, December 14, 2017

GST Portals (contd.)


https://www.localcircles.com/a/public/posts/gst-portal-has-become-a-joke/TOOLp2_DhRoNmVcQiK2wXSOQZT2XBq2qFc7cWysnC0Q

(> Look Inside- for comment)


Apropos of previous Posts in a like worrisome vein, - being of contextual relevance, attention may have to promptly be drawn to a related instance, - the latest in a long line of them, as commented on herein below *:

All such pep but intrinsically hollow talks, simply to engage selves in a purposeless hobby of the kind must be effectively disciplined and kept under control; better done so, sooner than later, by the regulatory authorities in governance of the respective professionals.

Ostensibly those few indulging in this type of pastime, simply for the heck of it, do no service to the society directly impacted; or even to the men in governance/its bureaucrats, still struggling to have the extant GST Portals rid of the technical glitches and other far more serious problems, acting as spokes in the wheels- of the System.

Seeing the potentials 'to make hay while the SUN is hid by dark clouds, some professionals in practice,- mostly self-centrists, do not seem to have ever cared selves having a close look at, or take a conscious note of, the widely- spoken -of the enormity of the woes GST Code has in store for the directly impacted people.




Of course, as is the common belief, It is slow and steady who can expect to win the race; but may be so, so long as it is a 'marathon' ; not a fast-track (or CROSS COUNTRY) Event ?!

If don't know THE DIFFERENCE (that may make all the difference) , better READ what an EXPERT has to SAY: http://davemorisonbiking.blogspot.in/…/marathon-vs-cross-co… .if care to and mind to find some useful clue, to move forward , in a track outside of, that is, other than a 'race track' !

TAIL Note: In the context of the message - making for / absurdly sounding as a sermon. supposedly intended to be passed on, may be 'not a roller coaster' a right analogy- as it keeps moving in a pre-laid path, at such a fast pace, as to send waves of anxiety, fear of life, may be shudders down the spine if weak kneed with no past experience of having had a ride, so on,- but ultimately leading to no-where / no destination ; but a 'road-roller' on its slow-some move / job may have been a better analogy ?!

TAIL Piece> 
https://www.linkedin.com/feed/update/urn:li:activity:6346520577452412928/