Tax Evasion Through Shares provides a very useful guide for officers of income tax department to catch the tax evaders who uses share transactions as medium to either evade tax or money laundering. The book , divided in three parts , includes many case laws which have to be consulted while framing assessment of share related cases. The author has also provided insights on tax evasion through derivative transactions and use of closely held companies shares to convert black money to white. The book is written by a tax officer who has devoted twenty years in investigating, enquiring the tax evasion and finally bringing evidences against the tax evaders. The book is primarily a guide for officer of Income Tax Department for investigation in share related cases. The books not only describe the ways of tax evasion, but how to detect, enquire and assess such cases.
Taxing Question , Simple Answer -Volume -1 is devoted to chartered accountants , lawyers , tax officers and tax practitioners to provide answers to most complex questions and difficult to find answers. The selected 25 tax questions are not easy to find answers and nothing is clear in the Income Tax Act . Supreme Court , High Courts have come to the rescue of everyone to provide answers.Following topics are dealt in the book: Section 6: Should Visit Days be Excluded For Determination of Residential Status if NRI Permanently Settles in India? Section 10(17):Are All Awards Given By Central Government Exempt From Income Tax? Section 11:Are All Charitable Trusts Prohibited from Carrying Business Activity? Section 15:Is Salary of NRI From Employers Abroad But Received in India in NRE A/c taxable? Section 15 :When Is Provident Fund Savings Taxable? Section 22: Under Which Head The Rental Income From Leasehold Property Taxed? Section 32: Can You Claim Depreciation Without Being Owner of Asset? Section 45: Whether Unutilized Amount In Capital Gains Account Scheme Received By Legal Heir Taxable? Section 45: Which Date-Booking or Possession or Registration -Is Important For Capital Gains Tax? Section 50: Can Exemption 54EC or 54F be claimed on Sale of Depreciable Asset? Section 54: Can One Get Exemption U/s 54F Even If Builder Does Not Complete House Within Three Years? Section 54: Is exemption of capital gains u/s 54 allowed even when new residential property is purchased in foreign country! Section 56 : Can a Private Limited Company Become Public Substantially Interested Company Without any IPO? Section 70: Can Short Term Capital Loss On Shares Taxable U/s 111A Be Adjusted With Short Term Loss On Land? Section 80: Can You Claim Carry Forward of Loss Despite Late Filing of Return? Section 127:Can A.O Transfer a Case to Another A.O Without any Transfer Order by CIT ? Section 139(5): Can Revised Return u/s. 139(5) be Filed Even During Scrutiny Proceedings? Section 154: Can A.O Pass Rectification Order u/s 154 Even After Time Limit? Section 148: When is Notice u/s 148 Considered Issued-at the Time of Signing by A.O or Entering in Issue Register by Clerk or Handing Over Notice to Postal Agent? Section 153A: Is issue of notice u./s 143(2) mandatory in case of assessment u/s 153A? Section 161:Can Private Trust Still Be Used For Tax Planning? Section 171: Is Order by an A.O Compulsory For Partition of HUF? Section 194A : Whether Hire Purchase EMI Payments liable to TDS u/s 194A? Section 263: Limitation Date for Invoking Sec. 263 is Counted from Assessment Order Date or Reassessment Order Date? Section 273A: Can Higher Authority Drop Penalty Proceeding Pending Before the A.O?
This book is a complete guide to learning the critical selling and negotiation skills to gain a competitive edge in a challenging business environment. The volume covers various negotiation approaches, strategies, tactics and styles that are adaptable and compatible with emerging business models and technologies. Businesses worldwide are adapting to changing consumer behaviour and focusing on more sustainable and future-ready selling and negotiation strategies. Richly illustrated with examples from diverse domains and real-life situations for an easy understanding of the subject, this book looks at strategies, tactics and styles for negotiation and the tools or technologies used for effectively selling; business cases and scenarios that illustrate the direct application of concepts, making the book practical, accessible and relevant and customer-centric selling and negotiation strategies, processes and approaches. A valuable companion for students, teachers, research scholars and professionals working in sales, business and management, this revised edition will also be of interest to those working in the areas of global business and trade, international affairs, marketing and economics.
Battles of the New Republic: A Contemporary History of Nepal is a story of Nepal's transformation from war to peace, monarchy to republic, a Hindu kingdom to a secular state, and a unitary to a potentially federal state. Part-reportage, part-history, part-analysis, part-memoir, and part-biography of the key characters, the book breaks new ground in political writing from the region. With access to the most powerful leaders in the country as well as diplomats, it gives an unprecedented glimpse into Kathmandu's high politics. But this is coupled with ground-level reportage on the lives of ordinary citizens of the hills and the plains, striving for a democratic, just and equitable society. It tracks the hard grind of political negotiations at the heart of the instability in Nepal. It traces the rise of a popular rebellion, its integration into the mainstream, and its steady decline. It investigates Nepal's status as a partly-sovereign country, and reveals India's overwhelming role. It examines the angst of having to prove one's loyalties to one's own country, and exposes the Hindu hill upper-caste dominated power structures. Battles of the New Republic is a story of the deepening of democracy, of the death of a dream, and of that fundamental political dilemma - who exercises power, to what end, and for whose benefit.
Crypto Taxation in USA " is a comprehensive book for everyone from crypto investors to tax professionals, offering a detailed overview of how the IRS taxes digital asset transactions when actual tax law that applies to digital assets are still to be enacted by Congress. Discover what constitutes a taxable event—from trading and staking to mining and even airdrops of cryptocurrencies. The guide also delves into hot topics like the taxation of NFT transactions and Initial Coin Offerings (ICOs)by blockchain companies. Stay current with the latest IRS guidelines, including new memos and revenue rulings updated for 2023. Whether you're a seasoned investor or a crypto newbie, this book equips you with the knowledge to make informed financial decisions in the ever-evolving world of cryptocurrency. Here are the list of topics covered : What is a cryptocurrency under US Tax law ? What are the taxable events for cryptocurrency transactions? How is gain or loss on the sale of crypto taxed? How IRS tax staking rewards ? Taxation of receipt of cryptos by airdrops. How IRS tax receipt of cryptos on hard-fork ? How is the gift of cryptocurrencies taxed ? How are cryptocurrencies rewarded on mining taxed? How is the swapping or exchange of cryptocurrencies taxed ? How is the payment of cryptocurrencies for goods or services creates taxable event? How do NFT transactions get taxed? What are the Reporting Requirements for Crypto transactions? Can you offset losses of crypto trades ? Can you claim diminution in value of cryptocurrency ? Can you argue “theft “ by the crypto exchange and claim loss under section 165 ? Whether exchanging cryptocurrencies qualify for like-kind exchange under section 1031 ? Is reporting of digital currency in a foreign account required? Claiming deduction for donating cryptocurrencies to charities . Is the rule of "backup withholding" applicable to payments through cryptocurrencies? How is the Initial Coin Offerings taxed ?
Taxing Question , Simple Answer -Volume -1 is devoted to chartered accountants , lawyers , tax officers and tax practitioners to provide answers to most complex questions and difficult to find answers. The selected 25 tax questions are not easy to find answers and nothing is clear in the Income Tax Act . Supreme Court , High Courts have come to the rescue of everyone to provide answers.Following topics are dealt in the book: Section 6: Should Visit Days be Excluded For Determination of Residential Status if NRI Permanently Settles in India? Section 10(17):Are All Awards Given By Central Government Exempt From Income Tax? Section 11:Are All Charitable Trusts Prohibited from Carrying Business Activity? Section 15:Is Salary of NRI From Employers Abroad But Received in India in NRE A/c taxable? Section 15 :When Is Provident Fund Savings Taxable? Section 22: Under Which Head The Rental Income From Leasehold Property Taxed? Section 32: Can You Claim Depreciation Without Being Owner of Asset? Section 45: Whether Unutilized Amount In Capital Gains Account Scheme Received By Legal Heir Taxable? Section 45: Which Date-Booking or Possession or Registration -Is Important For Capital Gains Tax? Section 50: Can Exemption 54EC or 54F be claimed on Sale of Depreciable Asset? Section 54: Can One Get Exemption U/s 54F Even If Builder Does Not Complete House Within Three Years? Section 54: Is exemption of capital gains u/s 54 allowed even when new residential property is purchased in foreign country! Section 56 : Can a Private Limited Company Become Public Substantially Interested Company Without any IPO? Section 70: Can Short Term Capital Loss On Shares Taxable U/s 111A Be Adjusted With Short Term Loss On Land? Section 80: Can You Claim Carry Forward of Loss Despite Late Filing of Return? Section 127:Can A.O Transfer a Case to Another A.O Without any Transfer Order by CIT ? Section 139(5): Can Revised Return u/s. 139(5) be Filed Even During Scrutiny Proceedings? Section 154: Can A.O Pass Rectification Order u/s 154 Even After Time Limit? Section 148: When is Notice u/s 148 Considered Issued-at the Time of Signing by A.O or Entering in Issue Register by Clerk or Handing Over Notice to Postal Agent? Section 153A: Is issue of notice u./s 143(2) mandatory in case of assessment u/s 153A? Section 161:Can Private Trust Still Be Used For Tax Planning? Section 171: Is Order by an A.O Compulsory For Partition of HUF? Section 194A : Whether Hire Purchase EMI Payments liable to TDS u/s 194A? Section 263: Limitation Date for Invoking Sec. 263 is Counted from Assessment Order Date or Reassessment Order Date? Section 273A: Can Higher Authority Drop Penalty Proceeding Pending Before the A.O?
Tax Evasion Through Shares provides a very useful guide for officers of income tax department to catch the tax evaders who uses share transactions as medium to either evade tax or money laundering. The book , divided in three parts , includes many case laws which have to be consulted while framing assessment of share related cases. The author has also provided insights on tax evasion through derivative transactions and use of closely held companies shares to convert black money to white. The book is written by a tax officer who has devoted twenty years in investigating, enquiring the tax evasion and finally bringing evidences against the tax evaders. The book is primarily a guide for officer of Income Tax Department for investigation in share related cases. The books not only describe the ways of tax evasion, but how to detect, enquire and assess such cases.
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