Flat opinions in the round world

 The current ongoing agitation is led by 35 unions of farmers, 31 of whom are from Punjab alone, mainly wheat and paddy growers and the others from Haryana, Western U.P and M.P. For obvious reasons, the farmers' unions associated with the left wing political parties, Aam Admi Party, Akali Dal and Congress have also joined the agitation. Agitation is mainly led by Punjab farmers, who are the primary beneficiaries of wheat and paddy procurement at the Centre. They fear that central agencies such as the Food Corporation of India (FCI) could scale down the food procurement target set, and even the allocation system of the Public Distribution System (PDS) may turn to a system of direct transfer of benefits. They also recommend that the MSP (Minimum Support Price) be made compulsory. The agitation of farmers, which started as an intervention to remedy the farmers' grievance, now modified their key agenda to abolish the three Agriculture Reforms Acts and rejected the government'...

 Section 234D in the Income Tax Act, 1961 was incorporated in the Act to cover certain cases where the refund was given to the assessor according to intimation U/s 143(1) and it was later discovered after scrutiny evaluation that the assessor was not liable for refund or that the amount of refund was more than the amount refunded after processing the Income Tax Return u/s 1433(1) (1). For e.g. Mr. A filed for the Assessment Year 2017-18 Return of Income & total Tax Liabilities was Rs 8 Lacs. Prepaid Taxes of Rs. 9 Lacs in the form of TDS & Advance Tax. The ROI was filed with us 139(1) & the intimation was produced on 30/12/2017 & the Rs. 1 Lacs refund was processed & credited to the Assessee along with interest us 244A. Later, we were opened by the assessee's case 143(3) & notice 143(2) was given. The demand notices u/s 156 were released and the Assessee was liable to pay Net Demand of Rs 1.6 Lacs at the end of the evaluation order on 25/06/2019. The Ass...

There are debates about what the FM has in store for the Taxpayers with Budget 2021 round the corner & one of the talks doing rounds is a COVID-19 Cess. Let's have a short explanation of what and how this definition of Cess works exactly. Article 270 of the Indian Constitution confers on the Union the power to increase its revenue by levying a cess. In the name of cess for revenue generation, the Government may collect tax, but it shall be allocated for specific purposes only. A significant point to be noted is also that central cess collections are not shared under revenue devolution with states. Swachh Bharat Cess (SBC) was declared in the 2015 budget, while we came across Krishi Kalyan Cess (KKC) in the 2016 budget the following year. Such and many other cess were implemented in previous years as and when necessary. Once the function was fulfilled, these were abolished later. The only functioning cess is a 4 percent Health and Education Cess at present. This is a...

by Shashank Agrawal Amongst various of its forms, Bribery is a widespread form of corruption. Bribery is considered to be more heinous form of corruption as the person who is not legally entitled to a right over something gets it in consideration of some value exchange, usually. Bribery involves at least two parties one who gives the bribe and other one is at the receiving end. Though both the parties are legally culprit for spreading this crime, but through this blog post I put a thought that the bribe giver in certain cases should not be penalized and have mercy from the court of law. By doing this, the interests of bribe giver and bribe taker will be at variance and bribe giver will be keener to help the law and make the bribe taker get caught. For the purpose of classification, bribes are detailed of two types one is harassment bribe and other one is non-harassment bribes. Harassment bribes are given by people to get what are legally entitled to. e.g. bribe given to in...

Whenever I hear Mahendra “M S” Dhoni coming to bat, I leave all business to watch smiting Dhoni playing his shots. It’s not only me who holds this view about one of the greatest finisher India has so far got. I remember watching a live interview of M S Dhoni on a news channel in 2004 before his debut in Indian ODI squad. He was being interviewed at JSCA International cricket complex, wearing a red t-shirt, his signature long locks drenched in sweat. Who could imagine a desi cricketer speaking in Hindi will soon become the most favorite sportsperson in the world. Soon after he joined Indian cricket team in 2004, he was offered the captaincy of the team in 2007 when Rahul Dravid, the then Indian cricket captain decided to give up the challenging role. Dhoni was quite young at that age, just 26 to shoulder the responsibility. But with his flamboyant personality and fearless attitude towards the game, he soon became trepidation for the oppositions.  His contribution to Indian cr...

What is meaning of technology and what role has it got to play when we talk in terms of cricket? Technology is something which is relatable to automation of modus operandi and reduces human intervention and thus saves time, the most limiting factor in today’s frenetic world. Yes, it involves the cost but we have to make a choice between time and cost and hence the quality. No doubt, in cricket also, the advent of technology has given ultra-edge benefits in the areas where umpires had to take manual decisions which could turn out to be good or bad. In the last few decades, the technology has progressed by leaps and bounds in the area of cricket as a sports. Needless to say, there was dire need to do it. In cricket, recently there have been technological advancements such as pitching of Hotspot, Snick-o-meter, Hawkeye, LED stumps and bails, stump camera to name a few. Hotspot is the technology used to review the smallest nick of ball and bat. In snick-o-meter, a sensitive micropho...

Had India and Pakistan not faced the impediment of division in 1947, the gathered Indian soil could have had more pace bowlers in its kitty. Indian cricket team, no doubt is and has been one of the best cricket team in the world and is a tough competitor. Indian soil has produced few greatest cricketers such as Dilip Sardesai, Mansoor Ali Khan Pataudi, Sunil Gavaskar, Kapil Dev (first Indian all-rounder), Sachin Ramesh Tendulkar, Mahendra Singh Dhoni, Virat Kohli to name a few. However so far as the pace bowling is concerned, India has never been that fortunate as Cricket Australia and Pakistan cricket team who hold the best pace bowling attack of all times. In my view what matters most in game of cricket is consistency in performance. A cricketer can be called dependable and consistent when he plays his natural game of cricket in almost all the games he plays, against all the bowlers and in all the conditions whether favorable or not. One such batsman in Indian cricket has been...