The Moot Court
Society of National Law School of India University, Bangalore, in association
with Tax India Online, is organising the 1st
NLS-TIOL Taxation Law Conference on 6th January, 2013 along with the
NLS TIOL Moot Court Competition. The Conference seeks to trace out the
developments since the proposed introduction of General Anti-Avoidance Rule in
the Finance Act, 2012. While the Shome Committee has made certain
recommendations that provide clarity with respect to the application of GAAR,
some recommendations are a cause for concern. Further, the manner in
which the GAAR is to be applied in India under the Income Tax Act and under the
proposed Direct Taxes Code remain controversial and must be debated.
Society of National Law School of India University, Bangalore, in association
with Tax India Online, is organising the 1st
NLS-TIOL Taxation Law Conference on 6th January, 2013 along with the
NLS TIOL Moot Court Competition. The Conference seeks to trace out the
developments since the proposed introduction of General Anti-Avoidance Rule in
the Finance Act, 2012. While the Shome Committee has made certain
recommendations that provide clarity with respect to the application of GAAR,
some recommendations are a cause for concern. Further, the manner in
which the GAAR is to be applied in India under the Income Tax Act and under the
proposed Direct Taxes Code remain controversial and must be debated.
The
Conference will witness a congregation of persons of eminence from the legal
and accounting fields – Mr. Mohan
Parasaran, Additional Solicitor General, India, Mr. Nishith Desai, Founder, Nishith Desai & Associates, Mr. Nageswar Rao, Partner, PDS Legal,
Mr. Parmanand Kincha, Partner, M/s H C Khincha & Co, Bangalore, Mr. Rupesh Jain, Partner, Vaish
Associates, Mr. P.K. Prasad,
Director of Income Tax, Bangalore. The session will be moderated by Mr. Mihir Naniwadekar, Advocate, Bombay
High Court.
Conference will witness a congregation of persons of eminence from the legal
and accounting fields – Mr. Mohan
Parasaran, Additional Solicitor General, India, Mr. Nishith Desai, Founder, Nishith Desai & Associates, Mr. Nageswar Rao, Partner, PDS Legal,
Mr. Parmanand Kincha, Partner, M/s H C Khincha & Co, Bangalore, Mr. Rupesh Jain, Partner, Vaish
Associates, Mr. P.K. Prasad,
Director of Income Tax, Bangalore. The session will be moderated by Mr. Mihir Naniwadekar, Advocate, Bombay
High Court.
The Conference will
be organised on Sunday, 6th
January, 2013 at Vivanta by Taj, Bangalore. Registration Fee for the
Conference is Rs. 1500 for Professionals and Rs. 200 for Students. Details will
be put up on www.nls.ac.in and http://www.taxindiaonline.com/RC2/adpage/NLS_TIOL_MOOT.htm shortly. For any queries, kindly mail [email protected] or contact the following for details:
be organised on Sunday, 6th
January, 2013 at Vivanta by Taj, Bangalore. Registration Fee for the
Conference is Rs. 1500 for Professionals and Rs. 200 for Students. Details will
be put up on www.nls.ac.in and http://www.taxindiaonline.com/RC2/adpage/NLS_TIOL_MOOT.htm shortly. For any queries, kindly mail [email protected] or contact the following for details:
Mr. Dheer Bhatnagar: +91 9986538654
Ms. Jahnavi Sindhu: +91 9538960420
Ms. Deekshitha
Ganesan: +91 8050055308
As is gathered from the announcement, the deliberations of the conference are going to be on, among others, one of the hot topics of current interest i.e. GAAR. That is, as has to be admitted, riddled with the hottest controversies of a peculiar nature. No doubt, that is an enactment, depending on its final form and shape, having far reaching consequences, which must be of common concern to one and all, not confined to the taxpaying community, but to the government / its concerned ministries as well. Further, the most important aspect of concern is going to be in the manner of its implementation.
It is all the more of interest to know that among the elite participants, there are some experts known to have had a hand-on exposure and experience on the subject.
In my humble opinion, taking cues and guidance from past experience, if intended to accomplish the basic objective of any such conference mooted from time to time in general, of the now proposed one in particular, it is imperative that the utmost care is taken by the organisers to have the deliberations properly and adequately recorded; and as meticulously as feasible. Also, it is equally important, to follow-up by reaching the recorded viewpoints to the government in a concise but on a point by point basis.