Should we abolish courts and institutes of law and commerce? - Yes, if we go by the trends of revenue officers as well as amendments in tax laws. - Should we agree to what the tax officer want and ignore the law? Yes. https://www.taxtmi.com/article/detailed?id=701 The Finance Bill revises the charging provision to include renting of immovable property and related services and inserts vacant land for business use, while a validating clause deems past revenue actions on renting to have always been valid, bars suits or enforcement against those actions, permits recovery as if the amendment had been in force at all times, and removes criminal punishability for acts that would not have been offences but for the amendment. en-us Tue, 02 Mar 2010 00:00:00 +0530 Wed, 05 Jan 2011 17:59:25 +0530 TaxTMI RSS Generator Should we abolish courts and institutes of law and commerce? - Yes, if we go by the trends of revenue officers as well as amendments in tax laws. - Should we agree to what the tax officer want and ignore the law? Yes. https://www.taxtmi.com/article/detailed?id=701 The Finance Bill revises the charging provision to include renting of immovable property and related services and inserts vacant land for business use, while a validating clause deems past revenue actions on renting to have always been valid, bars suits or enforcement against those actions, permits recovery as if the amendment had been in force at all times, and removes criminal punishability for acts that would not have been offences but for the amendment. Articles Other Topics Tue, 02 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=701