TIOL-DDT 662 · the untouched capture
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399" size="3">TIOL-DDT 662</font><br>
23.07.2007<br>
Monday</b></font></p>
<p align=center><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Revision of monetary limits for filing appeals by the department before various appellate bodies or appellate authorities - CBDT clarifies. </b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Should the Department clog the appellate forums with frivolous appeals? Honestly, government doesn't like it not withstanding "more loyal than the king commissioners". Periodically the government has been fixing monetary limits for the Department to file appeals before various forums. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board's <b>InstructionNo 1979
- "F.No.279/126/98-ITJ dated the 27th March, 2000 </b>read as </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> <strong>Subject: </strong>Revising monetary limits for filing Departmental appeals/references before Income-tax Appellate Tribunal, High Courts and Supreme Court - Measures for reducing litigation - Regarding.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Reference is invited to the Board's Instruction No.1903, dated 28th October, 1992, and Instruction No.1777, dated 4th November 1987, wherein monetary limits of Rs.25,000 for Departmental appeals (in income-tax matters) before the Appellate Tribunal, Rs.50,000 for filing reference to the High Court and Rs.1,50,000 for filing appeal to the Supreme Court were laid down.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. In supersession of the above instruction, it has now been decided by the Board that appeals will be filed only in cases where the tax effect exceeds the revised monetary limits given hereunder: </font></p>
<table width="450" border=1 align="center" cellpadding=3 cellspacing=0>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(Tax effect) Rs</font></p></td>
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<td width=38 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i)</font></p></td>
<td width=384 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Appeal before the Appellate Tribunal (in income-tax matters)</font></p></td>
<td width=115 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1,00,000</font></p></td>
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<td width=38 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii)</font></p></td>
<td width=384 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Appeal under Section 260A/reference under Section 256(2) before the High Court</font></p></td>
<td width=115 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2,00,000</font></p></td>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii)</font></p></td>
<td width=384 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Appeal in the Supreme Court </font></p></td>
<td width=115 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5,00,000</font></p></td>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The new monetary limits would apply with reference to each case taken singly. In other words, in group cases, each case should individually satisfy the new monetary limits. The working out of monetary limits will therefore not take into consideration the cumulative revenue effect as envisaged in the Board's earlier instruction referred to above.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. Adverse judgments relating to the following should be contested irrespective of revenue effect :</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) Where Revenue audit objection in the case has been accepted by the Department.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii) Where the Board's order, notification, instruction or circular is the subject matter of an adverse order.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii) Where prosecution proceedings are contemplated against the assessee.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iv) Where the constitutional validity of the provisions of the Act are under challenge.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. Special leave petitions under Article 136 of the Constitution are filed before the Supreme Court only in consultation with the Ministry of Law. Therefore, where the Chief Commissioner decides to contest an adverse judgment by filing special leave petition before the Supreme Court, they should send the proposal to the Board for further processing.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. These instructions will apply to litigation under other direct taxes also, e.g., wealth-tax, gift-tax, estate duty, etc. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. These monetary limits will not apply to writ matters.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7. This instruction will come into effect from April 1, 2000.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Three years later in <b>Instruction No.6/2003, dated 17th July, 2003, </b>Board gave a further clarification</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Reference is invited to Board's Instruction No.979, dated 27th March, 2000. Instruction No.1985, dated 29th June, 2000, as also to earlier instructions issued to reduce litigation by fixing monetary limit for filing departmental appeals before SC/HC/ITAT.</font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>In order to avoid ambiguity and to adopt uniformity in approach while filing appeals by the field formation, it is hereby clarified by the Board that the words "monetary limit" and "tax effect" in the aforesaid instruction be read as "revenue effect" which denotes the amount of tax, interest, penalty, fine or any other sum involved.</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The instruction is clarificatory in nature and will apply to litigation under other Direct Taxes also, e.g., wealth-tax, gift-tax, estate duty, etc.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In 2005, Board in <b>instruction no.2/2005, dated 24.10.2005, </b>further clarified as, </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Clarification regarding revision of monetary limits for filing appeals by Department before various appellate bodies or appellate authorities.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. Reference is invited to Board's Instruction No.1979, dated 27th March, 2000 [F.No.279/126/98-IT, dated 27th March, 2000], and Instruction No.1985, dated 29th June, 2000 [F.No.279/126/98-IT, dated 29th June, 2000] wherein monetary limits for filing appeals/references before various appellate authorities have been prescribed.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. In partial modification of the above instruction, it has now been decided by the Board that appeals will henceforth be filed only in cases where the tax effect exceeds the revised monetary limits given hereunder:-
</font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(Income Tax effect) Rs</font></p></td>
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<td width=38 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i)</font></p></td>
<td width=384 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Appeal before the Appellate Tribunal</font></p></td>
<td width=115 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2,00,000</font></p></td>
</tr>
<tr>
<td width=38 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii)</font></p></td>
<td width=384 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Appeal under Section 260A</font></p></td>
<td width=115 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4,00,000</font></p></td>
</tr>
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<td width=38 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii)</font></p></td>
<td width=384 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Appeal in the Supreme Court </font></p></td>
<td width=115 valign=top>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">10,00,000</font></p></td>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. The Board has also decided that in cases involving substantial question of law of importance as well as in cases where the same question of law will repeatedly arise, either in the case concerned or in similar case, should be separately considered on merits without being hindered by the monetary limits. <br>
<br>
4. Subject to the paragraphs 2 and 3 above the Instruction No.1979, dated 27t March, 2000, as clarified subsequently in Instruction NO.1985, dated 29th June, 2000, will continue to govern the decision for filing of departmental appeals.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. This instruction will come into effect from 31st October, 2005.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">So the monetary limits were doubled in five years may be keeping in tune with the inflation levels. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Now the Board has further clarified that tax effect does not include interest and where there is a recurring question of law, monetary limit should not be a hindrance. The latest instruction clarifies that </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>1. </strong>The 'tax effect' specified in para 2 means the tax only, i.e. <strong><font color="#663399">tax excluding interest.</font> </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>2. <font color="#663399">cases where the question of law involved or raised in appeal is/are of a recurring nature to be decided by the Court, should be separately considered on merits without being hindered by the monetary limits</font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">
<u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=67&filename=notification/cbdt/2007/instruct0705.htm" target="_blank">INSTRUCTION NO. 5/2007, Dated: July 16, 2007</a></u></font></p>
<p align=center><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Remittances to non-residents - TDS - RBI instructions </b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBI clarifies that</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. any person responsible for making payment to a non-resident or to a foreign company, any interest or any other sum chargeable under the IT Act, shall at the time of payment or credit of the amount deduct Income Tax thereon at the rate in force.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Section 195 of the IT Act is not limited to interest income and it takes into account business income also.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. Accordingly, a remitter of foreign exchange is required to submit to the authorised dealer, an undertaking and Chartered Accountant's certificate in the format prescribed by CBDT vide circular No. 10/2002 dated October 9, 2002 at the time of making the remittance in foreign exchange to non-residents including remittances which are in the nature of trade transactions such as import payments.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=49&filename=notification/rbi/2007/rbi07cir003.htm" target="_blank">RBI CIRCULAR NO. 03/RBI., Dated: July 19, 2007</a></u></font></p>
<p align=center><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Service Tax - a promising revenue, but ...</font>.</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The <b><font color="#663399">Report of the Working Group on Centre's Financial Resources for the Eleventh Plan (2007-2012),</font> </b>says that Service Tax is indeed a promising source of revenue, but five caveats are in order.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1.The scope for expanding the Service Tax net to more and more services gets narrower as the net is widened. The contribution of the expanding net will reduce with time.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2.The preponderance of small service providers below the taxable limit on turnover constraints the scope of revenue mobilization beyond a certain level.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3.With resurgence of industry and revitalization of agriculture, the rapid growth in the share of services in GDP may not continue in the medium to long run. This would have implications for Service Tax revenue as a proportion of GDP.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4.Service Tax was introduced under the residuary entry No. 9, List 1 in the Seventh Schedule of the constitution. There are already moves afoot for a sharing of the tax base between the Centre and the states, particularly in the context of phasing out the Central Sales Tax. Any sharing of the tax base with the States will diminish the Centre's available resources to finance the plan.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5.With the declared goal of introducing a unified Goods and Service Tax(GST) by April 2010, there is considerable uncertainty about the rates, base and setting off (that is input tax credit) mechanism with implications for revenue collection.</font></p>
<p align=center><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Why did the <st1:place w:st="on">League of Nations</st1:place> Fail? </b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">A little bit of history. Woodrow Wilson, the <st1:country-region w:st="on">US</st1:country-region> President was a great champion of the league but the <st1:place w:st="on"><st1:country-region
w:st="on">US</st1:country-region></st1:place> senate was not impressed and it refused to ratify the treaty and what world peace can you achieve with the US of A not being a member of the world body? And if the <st1:country-region
w:st="on">United States</st1:country-region> refused to join the League, how could nations object if <st1:place w:st="on"><st1:country-region w:st="on">Germany</st1:country-region></st1:place> walked out? </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The point is, even the powerful <st1:place
w:st="on"><st1:country-region w:st="on">US</st1:country-region></st1:place> President could not enter into a treaty with other nations without the consent of the US Senate. But the Indian Government has no such problems. It can bind the country with all kinds of treaties, nuclear or financial, without even telling Parliament. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Shiv Kant Jha, a retired Chief Commissioner of Income Tax, who resembles RK Laxman's common man in looks, has been running a single handed crusade against the Government's Double Tax Avoidance Treaties, especially the <st1:place w:st="on"><st1:country-region w:st="on">Mauritius</st1:country-region></st1:place> one. <b><font color="#663399">TIOL</font></b> took him to Parliament to tell the legislators about the Taxation Laws Amendment Bill and he told them about the Bill for about two minutes and then told them - "here is a serious issue with which you should be concerned - the DTAA" and he went on to explain the dangers of the DTAA. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Today we bring you an exclusive report on a seminar recently held in the Capital on the issue.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Please
see our Top <u><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=5800" target="_blank">Special
Coverage</a></u> today. </font></p>
<p align=center><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Death lays its icy hands....</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Pardon me for sharing a personal loss. We in <b><font color="#663399">TIOL</font></b> yesterday lost a valued colleague, who was responsible for most of our work. Not many knew Nagnath - he was one of our silent unseen unheard backbones. You don't see your backbone, but once you realise that you just lost it, you are lost. <b><font color="#663399">Nagnath</font></b> was one of our most valuable assets, not many know about him, but we in the editorial team depended so much on him. He was our watch dog; he was our strength especially in the case-law segment. The moment we made a mistake, he used to pounce on us and we would rectify it even before anyone realised it. He was the brain and body behind our CD project. He was my colleague for many years and left the department to join me in <b><font color="#663399">TIOL</font></b>. He was so enamoured by case law that he would explain important cases to his uninterested wife. <b><font color="#663399">TIOL</font></b> is possible only because of the selfless dedicated efforts of such unknown and unheard committed workers. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And suddenly God decided that Nagnath is more needed in the other world than with TIOL. I am writing this after I saw off my dear colleague on his last journey. As the last bodily remains of this great friend, whose sharp wit and deep knowledge, which we in <b><font color="#663399">TIOL</font></b> had been fortunate to use to spice up our columns, were consigned to indifferent flames, with me as a helpless spectator, I am reminded that I am just a joker in the circus and the show must go on........ and it will. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">But then there is somebody who took care of writing precise head-notes for your case law till yesterday and suddenly he is no more today. A trifle too difficult to bear! </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">A sample of his sardonic wit. The other day I told him, "I get paid only if anything is left after all the others have been paid". He reacted, "I understand, you get all that is left!" </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">His name was C Nag Nath and they used to call him CNN. Good Bye Nagnath, We in <b><font color="#663399">TIOL</font></b> can never get a better replacement! </font></p>
<p align=center><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>From our Legal Corner - tomorrow's cases<br>
</b></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><b><b><img src="http://www.taxindiaonline.com/RC2/image/stories/ddt_31.gif" alt="Legal Corner Icon" width="191" height="160" hspace="5" border="0" align="left"></b></b></b></font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Anti Dumping</strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399">Mid-term review and withdrawal of anti-dumping duty on borax decahydrate from <st1:place w:st="on"><st1:country-region
w:st="on">Turkey</st1:country-region></st1:place> upheld by Tribunal </font></b></font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ANTI-DUMPING duty on Borax Decahydrate originating or exported from People's Republic of China and Turkey was imposed provisionally vide Notification No 90/2003 Cus dated 10<sup>th</sup> June 2003 and based on the findings of the DGAD, definitive Anti-Dumping duty was imposed vide Notification No 2/2004 Cus Dated 7.1.2004. </strong></font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>The mid-term review and discontinuation of the Anti-Dumping duty was challenged by the domestic Industry on various grounds. </strong></font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>The CESTAT while examining the above contention held that the goods were exported from <st1:country-region
w:st="on">Turkey</st1:country-region> to <st1:country-region w:st="on">India</st1:country-region> and it is not as if that the goods were sent to <st1:country-region w:st="on">Singapore</st1:country-region> for being exported to <st1:place w:st="on"><st1:country-region w:st="on">India</st1:country-region></st1:place>.</strong></font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Central Excise - credit </strong></font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>No credit on furnace oil used in generation of electricity supplied to residential quarters within the factory : <st1:place w:st="on"><st1:City
w:st="on">Bombay</st1:City></st1:place> HC </b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>THE </b>question before the High Court was - "Whether the Tribunal was justified in holding that the assessee is not entitled to input duty credit on furnace oil used for generation of electricity supplied to the residential colony of the employees of assessee situated within the precincts of the manufacturing area forming part of the premises licenced under the Central Excise Act" </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Within the approved area, the assessee has set up a captive power plant. The electricity generated in the said power plant is used in the manufacturing as well as non manufacturing activities.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And so Revenue wins. What would have been the position if the electricity was sold or wasted in the factory?</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is the law that the factory can use the electricity for air conditioning the bathroom but cannot use it to provide a light to the supervisor's house? Laws are strange! </font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Income Tax</strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399">Transit house - expenses for repair and staff salary not deductible; Interest payment should be set off against interest income - Inter-corporate deposits do not qualify for relief u/s 80HH : Orissa HC </font></b></font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><u>See our columns tomorrow for the judgements</u></b></font></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tomorrow with more DDT</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"> vijaywrite@taxindiaonline.com</a></font></p>
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