TIOL-DDT 1666 · the untouched capture
Rendered as it looked. Links and images are disabled in this view; the file itself is untouched.
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <html> <head> <title>Untitled Document</title> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> </head> <body> <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399" size="3">TIOL-DDT 1666</font><br> 04.08.2011<br> Thursday</strong></font></p> <p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT Releases Dos and DON'Ts Manual </font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> CBDT has released a manual of Dos and DON'Ts for the officers and staff of the Income Tax Department. The Manual has a disclaimer that it is only for Departmental use and cannot be quoted in any proceedings as an authentic reference resource. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Some of the Dos and DON'Ts for the Administration of Direct Tax Laws are: </font></p> <p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">DOs </font></strong></p> <blockquote> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. Do ensure that refunds are prepared correctly and sent to the proper addressee. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Do check twice to fill MICR details and correct address of the payee in case of e-refund. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. Do check at regular intervals that refunds issued by your office are not shown by the AST as unpaid/unrealized. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. Do write file name and number each side of note sheet and do cross blank space if left between last line and signatures. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. Do ensure note sheet gives correct account of the proceedings and mention date with each signature. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. Do remember that tampering of order-sheets, backdating or any other manipulation will attract criminal and disciplinary proceedings. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7. Do proper verification of a return of income & its annexure. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8. Do probe all the points on the basis of which case was selected for scrutiny before finalizing its assessment. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9. Do avoid large number of hearings and unnecessary adjournments. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">10. Do ensure that necessary statutory approval of superior has been taken before issuing notice, imposing any penalty or authorizing Survey action. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">11. Do strictly comply with the circulars, notifications and instructions issued by the CBDT. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">12. Do refer cases to the TPO for determination of arm's length price if value of international transaction with associate enterprises exceeds the monetary limit prescribed by the CBDT. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">13. Do comply with the statutory directions given by superior authorities as provided in the statute. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">14. Do call explanation on abnormal increase in certain expenditure claimed. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">15. Do satisfy that all conditions are fully met before allowing any deduction, exemption or rebate under the Act. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">16. Do refer cases for initiation of penalty to superior authority if same is to be imposed by him as per the provisions of the Act. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">17. Do issue all statutory notices well within prescribed time limits. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">18. Do examine fresh unsecured loans/ cash credits/share capital/advances received with proper verification of the ingredients like identity & creditworthiness of the creditor and genuineness of the transaction. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">19. Surveys should be conducted in accordance with law and as per existing instructions. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">20. Do submit Preliminary Survey Report within 48 hours to the office of CCIT/CIT. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">21. Do monitor the return of income filed subsequent to the survey for payment of taxes on income disclosed during the Survey proceedings. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">22. Supervisory authority must monitor survey assessments for proper utilization of the evidences gathered during the course of Survey. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">23. Do record detailed statement of the informant clearly bringing out specific information furnished by him. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">24. After the investigation is complete do record a clear finding in the informant folder/proposals for interim rewards about the extent of undisclosed income unearthed which can be attributed to the specific information furnished by the informant as any vagueness on this count gives rise to plethora of disputes and complaints. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">25. Do monitor payments of taxes due on additional income admitted during the search and do take all measures necessary to protect the interest of revenue. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">26. Do remember to conclude the search proceedings within prescribed time limit wherever prohibition order or restraint is pending. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">27. Authorised officer must ensure that Panchnama is error free as any mistake in this regard may prove fatal if validity of the search proceedings at the premise is challenged later. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">28. Do identify core documents and get action plan of post search investigation approved from DIT (lnv.) as soon as the search is concluded. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">29. Do follow all the procedures as per Search & Seizure Manual published by the CBDT. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">30. Do submit Appraisal report within time limit prescribed. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">31. Handing over of seized material from Investigation wing to Central charges or from one AO to each successive AO must be properly recorded. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">32. Do get all the cases centralised with one AO at the earliest. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">33. Do start search assessment proceedings at earliest so as to reach at logical conclusion with timely verification/ investigation. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">34. Do monitor the timely completion of search assessments and ensure that all evidences/leads gathered during the search are properly investigated to logical conclusion. </font></p> </blockquote> <p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">DON'Ts</font></strong></p> <blockquote> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. Don't delay the issuance of refunds, as it is a major cause of grievance. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Don't delay issuance of instructions to Refund- Banker wherever refund is to be issued under Refund Banker Scheme. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. Don't seek personal attendance until it is absolutely necessary. Don't select cases for scrutiny in violation of CBDT guidelines. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. Don't issue cyclostyled questionnaires on a large number of issues without examining the content and relevance thereof. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. Don't fix further hearings when no new details are to be brought on record. Don't have unreasonable gap between the last date of hearing and the date of order. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. Don't fix hearings in a large number of cases on the same day and at the same time. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7. Don't complete the assessment in haste when in-depth inquiry is required. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8. Don't issue Summons/ notices without proper jurisdiction and application of mind. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9. Don't disregard the decisions of the Supreme Court and Jurisdictional High Court. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">10. Don't take a different stand on the issue, on which the department has taken a particular stand before the appellate authorities. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">11. Don't fail to initiate penalty proceedings in case wherever default attracts the penal provisions. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">12. Don't let the cases barred by Limitation under the Act and don't pursue assessment or penalty proceedings in a time barred case. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">13. Don't forget to recheck b/f loss or unabsorbed depreciation available after assessment/appeal effects, as against the claim made by the assessee before allowing the set off. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">14. Don't allow set off of loss of the activity whose income is exempt, against the income of taxable activity. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">15. Don't conduct Survey u/s 133A of the Act without proper approval and jurisdiction. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">16. Don't accede to the retraction from a voluntary disclosure without examining the terms and the maintainability of the deed of retraction. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">17. Don't complete the survey assessments without examining/investigating the information/leads, collected during the survey. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">18. Don't forget to record reasons for impounding the books of accounts/ documents during the course of survey and don't forget to seek permission of CCIT/DGIT for retaining impounded books of accounts/ documents beyond 10 days. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">19. Don't accept casual, vague or sketchy information from the Informants and don't forget to get the informant form, information, statement and undertaking signed by the informant. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">20. Don't delay processing of reward proposal for informants. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">21. Don't accept disclosures of additional income during the search proceedings, which is not backed up by the assets or seized materials or documents. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">22. Don't keep cash/jwellery/bullion seized in personal custody and cash be deposited in PD Account and jwellery/bullion be either transferred to the bank locker or handed over to the custodian of the strong room at the earliest. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">23. Don't forget to draw running Panchnama of all the incidents/events which cannot be incorporated in the printed format. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">24. Don't forget to discuss from time to time the progress made in the post search investigations with the DIT (lnv.) to facilitate approval of Appraisal report within time limit. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">25. Don't fail to pass on information to officers of other charges about evidence/leads of tax evasion by the persons falling in their jurisdiction and also don't fail to pass on information regarding the violation of the provisions of other Acts, to respective agencies. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">26. Don't hold submission of Appraisal report beyond prescribed time limit without getting extension of time from the Competent Authority. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">27. Don't forget that any tampering of seized materials revealed at a later stage would involve all officers who have handled the seized materials without proper recording. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">28. Don't delay passing of orders of centralization for transferring the cases to Central Charges. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">29. Don't delay transfer of records to central charge as soon as order for centralization is passed.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">30. Don't forget to enforce verification as outlined in the appraisal report. </font></p> </blockquote> <p align="justify"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.taxindiaonline.com/RC2/pdfdocs/wnew/DoDont.pdf">From CBDT 's DOs and DON'Ts Manual 2011 </a></font></strong></p> <p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">FICCI Against TDS in Service Tax </font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>IN</strong> a communication to the Directorate General of Service Tax, FICCI has questioned the rationale of the TDS proposal now when the introduction of GST is imminent and Service Tax is to be subsumed within the GST. Therefore, any major change in the administration and collection of service tax will be for a relatively short period. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">FICCI is of the view that: - </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The introduction of TDS mechanism in the collection of service tax is not warranted. </font></p> <blockquote> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++ The proposal to introduce TDS in service tax collection in the existing indirect tax structure will envisage obtaining TDS registration, issuing TDS certificate, maintaining TDS register and filing of TDS return by the paying entity, and would thus entail additional cost of compliance of both the industry and the government, apart from complicating the tax structure further, which may not be desirable. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++ The proposal is also irrelevant in view of the newly introduced Point of Taxation Rules (PoT Rules), having become effective from 1st July, 2011. The industry has, of late, been reeling under the rising interest cost for its working capital. These Rules have now aggravated the problem insofar as the service provider will have to deposit the tax, even before he receives payment or even if he does not receive the payment ever. The proposal to introduce TDS would further aggravate the already delicate situation. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++ There are also apprehensions that the proposal might result in dual payment of service tax, in as much as the service provider will be required, on one hand, to make the service tax payment on his raising the invoice, and the TDS deduction, on the other hand by the service recipient at the time of releasing the payment on the same transaction. The same would pose the problem of TDS credit / refunds. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++ The TDS system for collection of service tax, may also not be feasible because of the intricacies of input tax credit claims by the service provider. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++ Service tax collected during the month is mandated to be deposited by the deductors by 5th of the next month. Even service tax collected during March is required to be deposited within last date of March. Hence, the exchequer is assured of the collection. Moreover, failing to comply with deduction is subject to payment of interest and penalty. </font></p> </blockquote> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">FICCI has, therefore, urged to drop the idea of introducing TDS mechanism for the collection of service tax. <strong>In case, however, the same has necessarily to be introduced</strong>, it would be imperative to scrap PoT Rules. FICCI believes that the TDS mechanism would be useful only in situations where the service provider is in an unorganized sector. It could also be used in sectors where tax evasion is reportedly high, instead of having a TDS system across the board. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">From the anxiety shown by FICCI, it would appear as if the Government is keen to bring in TDS in Service Tax very soon. </font></p> <p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">GST will reduce prices, increase GDP growth - ASSOCHAM Study </font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>A</strong> rational Goods and Services Tax (GST) could increase GDP growth rate by 1.4 to 1.7 per cent with an annual revenue increase of Rs 1.2 lakh crore at current level; The tax GDP ratio too may go up by 1.5 to 2 per cent with net revenue jumping by Rs 1.5 lakh crore a year, according to a recent study by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">“With a significant reduction in tax administration costs due to simple uniform structure, overall cost – and thus prices – of goods manufactured locally may reduce by 10 per cent,” said the chamber that has organised over 30 conferences on the subject in various states. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Export costs will reduce due to zero rating of central GST and state GST with annual savings in the range of Rs 48,000 crore. While imports parity with domestic goods will change due to dual GST on imports, services will cost more because of dual tax incidence. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The GST will create a single Indian common market with supply chain efficiencies and scale up the economy, said the ASSOCHAM study. There will be no distinction between goods and services with seamless input tax credit allowed throughout the supply chain. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Thus GST will be a destination-based consumption tax borne by ultimate consumer. It is crucial for international competitiveness, revenue buoyancy and economic growth. GST will be the biggest game changer for all stakeholders – industry, trade, investors, central and state governments, and consumers. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">State GST on electronically transmitted inter-state services will be a major challenge if states apply different rates, according to the study. Accounting and information technology systems will also need to be aligned so that required details can be accessed to avail full input tax credit and avoid tax losses. </font></p> <p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC - Institution of an annual award for officers and trade to encourage knowledge acquisition and capacity building</font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>IN</strong> order to bring excellence by promoting and enhancing the development of professional expertise in Customs administration, CBEC has decided to institute an annual award for officers and trade to encourage knowledge acquisition and capacity building. The award shall be given at national level as well as at zonal level. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board feels that a proper award scheme should be formulated and guidelines be framed to govern the award system. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In order to formulate proper scheme and guidelines, suggestions are called on Selection Criterion and Selection Process to be adopted for selection of the most appropriate and deserving candidates in transparent and objective manner. Suggestions are to be sent by 16th August 2011. </font></p> <p align="justify"><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=wnew/letter_wco_cbec.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC Letter F No. 21000/04/2010- Dir ICD , Dated: August 1, 2011 </font></strong></a></p> <p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600"> Jurispruden</font><font color="#FF6633" size="5">tiol</font><font color="#006600"> – Friday's cases </font></strong></font></strong></font></p> <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><a></a><strong><font color="#663399"><img src="http://www.taxindiaonline.com/RC2/image/stories/ddt_hammer.jpg" alt="Legal Corner Icon" width="100" height="84" hspace="5" border="0" align="left">Customs</font></strong> </font></p> <p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Import of Obscene articles - Obscenity not defined - Articles suggesting various modes for stimulating enjoyment of sex, not obscene; if that not be so, Kama Sutra should be banned - HC</font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ACQUISITION</strong> of knowledge for enjoyment of sex through various means is not by itself a prohibited activity, provided it is not done through obscene language or pictures. An article or instruction suggesting various modes for stimulating the enjoyment of sex, if not expressed in any lurid or filthy language, cannot be branded as obscene. If that not be so, books like Kama Sutra should also be banned on the charge of obscenity as this ancient Sanskrit treatise on the art of love and sexual techniques also candidly contains various instructions for heightening the pleasures of sexual enjoyment. </font></p> <p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Income Tax </font></strong></p> <p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Whether when assessee fails to receive TDS certificates on interest income from banks in time but decides neither to declare income in return nor to take TDS credit on basis of duplicates collected, penalty is warranted in such a case - YES, rules ITAT </font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ASSESSEE</strong> is MD of PISIL and had shown salary from the company, interest income and long term capital gain in his return of income - Assessment u/s 143(3) was completed by making addition on account of interest income - AO observed from the AIR information that the assessee had shown interest income of Rs.2,39,114/- received from UCO Bank, City Bank and ICICI Bank Ltd. Assessee could not explain the issue and agreed on the proposed addition. Penalty proceedings were initiated… </font></p> <p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Service Tax </font></strong></p> <p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Refund of service tax paid on transport of empty containers from yard to factory is admissible: CESTAT</font></strong></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>UNDISPUTEDLY</strong>, the appellants have paid Service Tax on the transportation of to and fro movement of the container. The expression used in the Notification No. 3/2008- is “in relation to transport of export goods”. This expression covers the transport of empty container from the factory to place of export of goods. The Tribunal in the case of Tata Coffee Ltd. (supra) has held that the expression “in relation to transport of export goods” is wide enough to cover even transport of empty containers from the yard to the factory for stuffing of export goods. </font></p> <p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">See our columns Tomorrow for the judgements </font></strong></p> <p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tomorrow with more <strong>DDT</strong></font></p> <p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have a Nice Day. </font></p> <p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Mail your comments to</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> <a href="mailto:vijaywrite@taxindiaonline.com"><strong>vijaywrite@taxindiaonline.com </strong></a></font></p> </body> </html>