MUSINGS for THE DAY
What that connotes
ref. recent articles wrt the concept- innovat-ion(- ive) /creative - IDEAS
(FB/G+ Posts)
In today's world when each and every known , time-recognized, and reasonably established 'concept' as to connotes a particular thing- meaning and understanding-
SAMPLE(S):
FA Act 2017- Amendments of ...
Capital Asset X Stock-in-trade
Transfer
FMV- 'marketable' Title
2017 - Finance Act - Conversion (?) - why a transfer or deemed transfer ?!
ASSET X Capital Asset
Consider the law- applicable to REALTY- PROMOTER/ seller
AFTER THE ADVENT OF - RERA, ST /GST (WORKS CONTRACT- DEEMED ?!)
INCONGRUITY/INCOMPATIBILITY
'PURPOSE- IVE ' INTERPRETATION ; TO SERVE WHOSE PURPOSE- Updating construction- a principle tweaked / tinkered with, liberally, on the whim of ...?
say, a construction - project - RERA applies provided it is for construction and sale as stock-in-trade
conversion- at what stage of- while in-progress ?! CII - Applicability to a property completed in year- 1, conversion say, in year 5...FMY means what- no less than INDEXED COST as of year of conversion ?
Taxing a promoter as deemed owner of property, on deemed HP income -if continues to hols for more than after CC (?) - if no CC??
Another instance -of 'conversion' - sec 80 IA !
Why a professional , a mere CA or a lawyer need to be properly equipped to deal with a mixed point - answer to be found necessarily and conjointly on a combined reading and understanding of the laws, in a multidimensional manner- e.g, tax law and property law- SC Ruling striking down the idea of setting up a NTT !- see Blog <
Key -
ref. published articles / posted Blogs(specimen) >
on 194 IA , CGT, ST/GST , POdar CEment SC,...
What that connotes
ref. recent articles wrt the concept- innovat-ion(- ive) /creative - IDEAS
(FB/G+ Posts)
In today's world when each and every known , time-recognized, and reasonably established 'concept' as to connotes a particular thing- meaning and understanding-
SAMPLE(S):
FA Act 2017- Amendments of ...
Capital Asset X Stock-in-trade
Transfer
FMV- 'marketable' Title
2017 - Finance Act - Conversion (?) - why a transfer or deemed transfer ?!
ASSET X Capital Asset
Consider the law- applicable to REALTY- PROMOTER/ seller
AFTER THE ADVENT OF - RERA, ST /GST (WORKS CONTRACT- DEEMED ?!)
INCONGRUITY/INCOMPATIBILITY
'PURPOSE- IVE ' INTERPRETATION ; TO SERVE WHOSE PURPOSE- Updating construction- a principle tweaked / tinkered with, liberally, on the whim of ...?
say, a construction - project - RERA applies provided it is for construction and sale as stock-in-trade
conversion- at what stage of- while in-progress ?! CII - Applicability to a property completed in year- 1, conversion say, in year 5...FMY means what- no less than INDEXED COST as of year of conversion ?
Taxing a promoter as deemed owner of property, on deemed HP income -if continues to hols for more than after CC (?) - if no CC??
Another instance -of 'conversion' - sec 80 IA !
Why a professional , a mere CA or a lawyer need to be properly equipped to deal with a mixed point - answer to be found necessarily and conjointly on a combined reading and understanding of the laws, in a multidimensional manner- e.g, tax law and property law- SC Ruling striking down the idea of setting up a NTT !- see Blog <
Key -
ref. published articles / posted Blogs(specimen) >
on 194 IA , CGT, ST/GST , POdar CEment SC,...
No comments:
Post a Comment