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All India Federation of Tax Practitioners

EDITORIAL BOARDChairman

Dr. K. Shivaram

Members

Shri Ashok Chandak

Shri M. L. Patodi

Shri P. C. Joshi

Smt. Prem Lata Bansal

Editor

Shri Harish N. Motiwalla

Joint Editors

Shri Ajay Singh

Shri K. Gopal

Shri Pankaj Ghiya

Associate Editors

Shri C. B. Thakar

Shri Nishit Gandhi

JOURNAL COMMITTEE

Chairman

Shri Janak K. Vaghani

Convenor

Ms. Neelam Jadhav

Members

Shri Achintya Bhattacharjee

Shri Kishor Vanjara

Shri Kuntal Parekh

Shri M. V. J. K. Kumar

Shri Mitesh Kotecha

Shri S. S. Satyanarayana

Shri Sandeep Goyal

Shri V. P. Gupta

Shri Vinayak Patkar

Shri Vipul Joshi

Ex-officio Members

NATIONAL PRESIDENT

Smt. Nikita R. Badheka

DEPUTY PRESIDENT

Shri M. Srinivasa Rao

SECRETARY GENERAL

Shri Samir S. Jani

TREASURER

Shri Chirag S. Parekh215, Rewa Chambers, 31, New Marine Lines, Mumbai 400 020Tel.: 2200 6342 /43 / 4970 6343 | E-mail: aiftpho@gmail.com | Website: www.aiftponline.org

l lR. No. MAHENG/1999/5918 Regd. No. MCS/082/2018-20 Total 120 Pages Price 80/- per copy`

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Registered with Registrar of Newspaper for India under R. No. MAHENG/1999/5918

Printed by Karkala Shivaram Kittanna Published by Karkala Shivaram Kittanna on behalf of All India Federation of Tax Practitioners (name of owner) and Printed at Finesse Graphics & Prints Pvt. Ltd. 309, Parvati Industrial Premises, Sun Mill Compound, Lower Parel, Mumbai - 400 013. (name of the printing press with address) and Published at All India Federation of Tax Practitioners, 215 Rewa Chambers, 31, New Marine Lines, Mumbai - 400 020 (full address of the place of publication). Editor: Harish Narendra Motiwalla.

22nd & 23rd of every month

R. No. MAHENG/1999/5918Regd. No. MCS/082/2018-20

ALL INDIA FEDERATION OF TAX PRACTITIONERS JOURNAL

Certain Issues of TCS

on Sale of Goods-

Section 206C(1H)

Revamped Scheme of GST for

Real estate sector

The Empire Strikes Back?

Charity vs. Business

For The Purpose Of

Section 11 Of The

Income-Tax Act,

1961

Non-Resident

Indian’s will

Issuance of Notice u/s 131

(1A) of the Income Tax Act,

1961 after conclusion of

Income Tax Search and

Seizure u/s 132 of the

Income Tax Act, 1961 –

Legal Paradox

Charter party-

lease or licence

Schemes For Faceless

Assessments And

Appeals And Issues In

Respect Thereof

Latest

Judgments

on GST and

Indirect

Taxes from

High Courts

Digest of Advance

Rulings under GST

VOLUME 23 | No. 8 | November 2020

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Virtual National Tax Conference held on 6th & 7th November, 2020 organised by AIFTP – CZ

1st Technical Session on Direct Taxes – VSV Scheme – An Opportunity to settle tax disputes

3rd Technical Session on GST - Recent Changes & Procedural Simplification

2nd Technical Session on Recent Transformations in Taxation Regime - Faceless Assessments & Appeals - A step towards

Digital India

INAUGURAL SESSION

Dignitaries addressing the conference

Chairman – Shri M. L. Patodi, Adv., Kota and Speaker – Shri Pankaj Ghiya, Adv., Jaipur

Chairman – Shri Ganesh Purohit, Sr. Adv., Jabalapur and Speaker – CA. Ved Jain, New Delhi

Speaker – CA. (Dr.) Girish Ahuja, New Delhi

Shri Pankaj Ghiya, Chief Advisor, AIFTP (CZ)

Shri Rajesh Mehta, Vice President, AIFTP (CZ)

Shri Vinay Kumar Jolly, Chairman, AIFTP (CZ)

Shri Sandeep Agrawal, Hon. Secretary, AIFTP (CZ)

Shri Samir S. Jani, Secretary General, AIFTP

Smt. Nikita R. Badheka, National President, AIFTP Hon’ble Smt. Nirmala Sitharaman,

Minister of Finance and Corporate Affairs

Brains' Trust Session

Chairman – Dr. K. Shivaram, Sr. Adv., Mumbai and Panellists – S/Shri CA. Rajesh Mehta, Indore,

Narayan P. Jain, Adv., Kolkata & CA. Manoj Gupta, Indore

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44th Foundation Day Celebration held on 11th November, 2020

Dr. Ranjit Padhi, Vice Chairman, AIFTP (EZ) – Odisha State alongwith other members hoisted Flag of AIFTP and Cake Cutting was done at Berhampur, Rourkella and Cuttack

Shri Santosh Gupta and Shri Nitin Gautam, Members, NEC, AIFTP alongwith other members hoisted Flag of AIFTP at Nagpur

5th Technical Session on Important aspects of TDS and TCS under Income Tax

Virtual National Tax Conference held on 6th & 7th November, 2020 organised by AIFTP – CZ

Chairman – Smt. Prem Lata Bansal, Sr. Adv., New Delhi and Speaker – CA. Rajesh Mehta, Indore

4th Technical Session on Panel Discussion on Important aspects of Survey and Search under Income Tax and GST

Chairman – Shri M. Srinivasa Rao, TP, Eluru and Panellists – S/Shri CA. H. L. Madan, New Delhi,

CA. Rajesh Mehta, Indore, D. K. Gandhi, Adv., Ghaziabad & CA. Manoj Fadnis, Indore

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