https://www.taxtmi.com/manuals?id=7940 The terms 'is' and 'be' function interchangeably in legal drafting: 'is' is the present indicative corresponding to 'be', so expressions like "is subject to" should be read as "be subject to"; 'be' conveys existence or occurrence and may reflect present or past indicative force, affecting ordinary statutory interpretation of existence and occurrence. en-us Wed, 09 Jul 2025 15:57:26 +0530 Wed, 09 Jul 2025 15:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7940 The terms 'is' and 'be' function interchangeably in legal drafting: 'is' is the present indicative corresponding to 'be', so expressions like "is subject to" should be read as "be subject to"; 'be' conveys existence or occurrence and may reflect present or past indicative force, affecting ordinary statutory interpretation of existence and occurrence. Manuals Indian Laws Wed, 09 Jul 2025 15:57:26 +0530 https://www.taxtmi.com/manuals?id=7940