In order to be successful in the legal profession — either as an arguing lawyer or as a transactional lawyer or as an employee dealing with intricacies of Law — one should be wedded to the profession. I would strongly appeal to those of you who want to make a mark in the field of taxation to read thoroughly the first volumes of the Income Tax Reports and find for yourselves whether it is correct to say that income tax law is dry and technical! For orientation to hang them please ask in the Congress Secretary, where people from our staff will help you. Notify me of new posts by email. You can book in advance the transfer from the airport, Please indicate flight date, Company and flight number.
Easwar, I fell in love with income-tax law on my first brush with it! The Conference will be held downtown Bariloche, at Hotel Edelweiss. There are not many branches of law with which so many other branches of law have interplay. You will do well to remember that winning is not important, but putting up a sincere effort and exhibiting an indefatigable spirit is what matters. We in the Tribunal happily welcome you to come and enlighten us! More so, I am told that this trend is pronounced in the field of taxation law. It is interesting to note that the amendment made in the year to section 2 47 of the Income-tax Act to rope in transactions of the nature described in section 53A of the Transfer of Property Act has its seeds in the argument put forth by Mr.
Your email address will not be published. Complicated questions relating to Hindu Undivided Family and its properties, rights of coparceners and its karta, partition, throwing of self-acquired property into the family hotchpotch etc. Some names, other than the late Mr. Malik ,the Principal of the Government law College, Prof.
The competitions will be starting from tomorrow. Rustom Kolah and so on. You will find in the law reports several leaned judgments as to the nature of the partnership, its reconstitution, dissolution, etc.
An intelligent Lawyer who could bring out a new interpretation to the existing law, based on changed times and context, will always have a satisfaction of keeping the laws pure and clear by way of re-stating, reaffirming and developing the Law. For example, the difference between the property law in India and that in England with particular reference to the question whether different persons could hold the land and the superstructure was applied in a tax matter as far back as in the case of Madras Cricket Club.
It is one of the most fascinating branches of law.
Thank you and Jai Hind! Subscribe To Our Free Newsletter: The ITAT affords a good training ground for young professionals with its informal atmosphere and less cumbersome procedure. You will find that almost every one of our great judges in the Supreme Court of India, and the various High Courts, have, at some point of time in their professional career, appeared in tax cases and have commented fondly about the love they have for the tax law.
The question whether a karta of a Hindu Undivided Family can enter into a partnership with strangers with the help of his self-acquired property, even while remaining joint with his coparceners, was finally settled in the affirmative by the Privy Council in in the case of Lachman Das.
Lord Denning compared it with streams of water. More so, I am told that this trend is papwr in the field of taxation law. One has to bear in mind that Law is never static. He had a deep respect for the Constitution and fundamental principles embedded in it. It is interesting to note that the amendment made in the year to section 2 47 of the Income-tax Act to rope in pxper of the nature described in section 53A of the Transfer of Property Act has its seeds in the argument put forth by Mr. I gave you those illustrations which immediately came to my mind and I mentioned them only to disprove the view held in some quarters that income-tax law is a technical and dry subject.
Nani Palkhivala was well known to the society and its judicial system more as a constitutional expert than as a tax lawyer.
The problem today, as I understand, is that there seems to be a marked reluctance on the part of the law graduates, particularly those who pass out from prestigious law institutes and reputed colleges, to join the legal profession. The Moot was held from 13th — 15th October, and was dedicated to years of the Bombay High Court.
The difference between a coparcenary and a Hindu Undivided Family has been lucidly explained by the Supreme Court in several cases arising under the income-tax law. In otherwords, winning the cases by using oratory skills and by hair-splitting distinction of every Letter of Law may make one a successful professional but your contribution to the society is much more than mere winning of cases or preparing highly technical legal documents; One has to channelise their knowledge to enhance the dynamic concept of Law in order to benefit the larger section of the society.
As you all know stagnated water is impure and streams of water is pure and clear. The problem today is that there seems to be a marked reluctance on the part of the law graduates, particularly those who pass out from prestigious law institutes and reputed colleges, to join the legal profession. Whatever the weather, you are very welcome and we hope that you have a wonderful visit. If you are a tax professional, you must sign up for our free competittion.
The tribunals and the Courts will be the losers. Notify me of follow-up comments by email.
I thank the organisers for giving me an opportunity to share my thoughts. Template for full paper presentation Please use these template to present your full paper: The Conference will be held downtown Bariloche, at Hotel Edelweiss.