Author: Nirmal Ghorawat
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Proposition : Paperless International Trade – A Use case for XBRL GL, Blockchain – Distributed Ledger & Smart Contracts, ISO 20022 Payment Messaging Standard, UNCITRAL MLETR, etc
A proposition on a use case for XBRL / Blockchain in Automation of International Trade Documentation. Problem Statement : At present, Business Enterprises (including those engaged in International Trade) &…
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Multi-lingual Tech Applications in Commercial & eGovernance Applications : A Methodology
India is a land of diversity including of linguistic diversity. This proves difficult to provide services to citizens in their preferred language a mammoth task particularly when there are also…
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Simplification of Tax Audit Report Forms – A Suggestion
The Income Tax Audit Report Forms 3CD alongwith applicable Forms 3CA / 3CB / 29B / 29C / 10B etc prescribed under Income Tax Rules are very expansive and seek…
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Memorandum of Partition – Requirement of Registration
In the matter of Popatlal Devaram vs CIT (1970) 77 ITR 1013, the Hon’ble Orissa High Court has HELD : The sole question on which this court, is to express…
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Partnership between Karta of HUF and Coparceners or Members
It is a well settled proposition applicable to Hindu law that members of the joint family and even co-partners can, without disturbing the status of the joint family or the…
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Hindu Undivided Family – Coparcener versus Member
A coparcener is a person who acquires a right in the ancestral property by birth and a person who has a right to demand partition in the HUF property. Any…
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Claim of Exemption from Capital Gains by Legal Representative filing ITR
Facts of the case : Assessee transferred a capital asset resulting in a Capital Gain but died before filing his Income Tax return / making deposit or investment for purpose…
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