Supreme Court holds provisions of the National Tax Tribunal Act, 2005, as constitutionally invalid - T. N. Pandey - Article published in Business Advisor, dated - December 25, 2014 http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
This presentation discusses various amendments made in 2015 in the Arbitration and Conciliation Act of 1996.
It is of great use for Law students, Lawyers, Teachers and persons who are appearing for interview as Law Officer especially in Public Sector.
This PowerPoint Presentation on Writs was shared by Mr Jayom Shah and me for conducting the Webinar in association with Lawsikho on April 22, 2020. The presentation is uploaded for the audience asking for a copy of the same.
This presentation discusses various amendments made in 2015 in the Arbitration and Conciliation Act of 1996.
It is of great use for Law students, Lawyers, Teachers and persons who are appearing for interview as Law Officer especially in Public Sector.
This PowerPoint Presentation on Writs was shared by Mr Jayom Shah and me for conducting the Webinar in association with Lawsikho on April 22, 2020. The presentation is uploaded for the audience asking for a copy of the same.
Judicial review is a process under which executive or legislative actions are subject to review by the judiciary. Judicial Review plays an important role in Indian Judiciary.
PPT on ' The Indian judiciary'. You have to show/include the following in it.
1. Two main features of our judicial system.
2. Composition of the Supreme Court and High Court
3. Name of current Chief Justice of India.
3. Jurisdiction of the High Court and the Supreme Court
4. Subordinate Court
5. Access to courts
6. PIL
In exercise of the powers conferred by Article 145 of the Constitution, and all other powers enabling it in this behalf, the Supreme Court hereby makes, with the approval of the President
This slideshow will give you a wide insight on National Company Law Tribunal, which marks the new era for corporate adjudication. Henceforth all the pending cases in High Court relating to companies stand transferred to this tribunal. This presentation shall provide information updated with the latest government notifications of the year 2016. Hope this helps.
White Paper on National Company Law Tribunal and National Company Law Appella...Ricky Chopra
Ricky Chopra International Counsels is a full service international law firm based in gurgaon
read more at https://rickychopra.co/
read about our services for General Corporate & Business Laws
at https://rickychopra.co/services/gen-corporate-and-business-laws/
Judicial review is a process under which executive or legislative actions are subject to review by the judiciary. Judicial Review plays an important role in Indian Judiciary.
PPT on ' The Indian judiciary'. You have to show/include the following in it.
1. Two main features of our judicial system.
2. Composition of the Supreme Court and High Court
3. Name of current Chief Justice of India.
3. Jurisdiction of the High Court and the Supreme Court
4. Subordinate Court
5. Access to courts
6. PIL
In exercise of the powers conferred by Article 145 of the Constitution, and all other powers enabling it in this behalf, the Supreme Court hereby makes, with the approval of the President
This slideshow will give you a wide insight on National Company Law Tribunal, which marks the new era for corporate adjudication. Henceforth all the pending cases in High Court relating to companies stand transferred to this tribunal. This presentation shall provide information updated with the latest government notifications of the year 2016. Hope this helps.
White Paper on National Company Law Tribunal and National Company Law Appella...Ricky Chopra
Ricky Chopra International Counsels is a full service international law firm based in gurgaon
read more at https://rickychopra.co/
read about our services for General Corporate & Business Laws
at https://rickychopra.co/services/gen-corporate-and-business-laws/
Income Tax Appellate Tribunal has no power to stay prosecution of taxpayers i...D Murali ☆
Income Tax Appellate Tribunal has no power to stay prosecution of taxpayers in respect of matters in appeal before it - T. N. Pandey - Article published in Business Advisor, dated November 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
letter was sent as objection for non inclusion of advocates as judicial member of copyright Board, The implementation of new Copyright rules the recommendation suggested by Sanjeev chaswal advocate has been accepted by the Ministry of HRD for inclusion of advocates as Judicoial member of the Copyright board
Similar to Supreme Court holds provisions of the National Tax Tribunal Act, 2005, as constitutionally invalid - T. N. Pandey (20)
The good of all is what is good for oneselfD Murali ☆
May Day post by S. Prabhu in his blog prtraveller
Link: https://prtraveller.blogspot.com/2020/05/d-murali-journalist.html
Ref:
1) A whistleblowing story in SlideShare https://www.slideshare.net/MuraliD1/a-whistleblowing-story-part-1
2) Whistleblowing story - Sequence of mails https://www.slideshare.net/MuraliD1/whistleblowing-story-sequence-of-mails
3) Audiobiography in Soundcloud https://soundcloud.com/muralid/audiobiography-d-murali
4) Be agitated about gender prejudice https://soundcloud.com/muralid/sound-clip-27-be-agitated
5) Demand for apology https://soundcloud.com/muralid/apo
6) Why are you agitated https://soundcloud.com/muralid/why
7) Mylapore Times article by S. Prabhu https://www.slideshare.net/MuraliD1/online-content-useful-for-sanskrit-students
8) This article in SlideShare https://www.slideshare.net/MuraliD1/the-good-of-all-is-what-is-good-for-oneself
9) Mylapore Times article link http://www.mylaporetimes.com/2020/04/senior-journo-posts-online-content-useful-for-sanskrit-students-young-and-old/
10) Tweet in CopyTasterDM handle https://twitter.com/CopyTasterDM/status/1256489049264537601
11) LinkedIn post https://www.linkedin.com/posts/muralide_d-murali-journalist-activity-6661878686062645248-9Zp0/
12) Facebook post https://www.facebook.com/dMurali/posts/10214668257814386
Business Journos Chennai WhatsApp Group infoD Murali ☆
188 participants as on April 29, 2020
Group created on August 19, 2014
Group description:
"Focus: Biz news & events in Chennai. Biz=What's typically in a biz newspaper. Ground rules: NO wishes, jokes, videos, audio, unverified fwds. Cite sources, share yr tweets. Vision: Aim for thoroughness.
A few tips: Be agile, alert, diverse, inclusive, engaging, truthful, empathetic, independent, curious, & human. Steer clear of cash/ vouchers! Ask questions. Seek clarity. Demand accountability. Demystify jargon. Wander to where spotlights don't shine.
-- DM"
Accompanying Twitter handle: @CopyTasterDM - for picking stories to share with the 'Business Journos Chennai' group
(Received from CECRI; CSIR-Council of Scientific & Industrial Research; SERC-Structural Engineering Research Centre; CECRI-Central Electrochemical Research Institute)
CSIR-CECRI-Industrial Conclave - Water treatmentD Murali ☆
CSIR-CECRI-Industrial Conclave - Water treatment
(Received from CECRI; CSIR-Council of Scientific & Industrial Research; SERC-Structural Engineering Research Centre; CECRI-Central Electrochemical Research Institute)
Blog post link: http://bit.ly/2vdIiN1
FICCI Digital Disruption & Transformation Summit DDTS, ELCOT presentation D Murali ☆
'Future of Governance - Transforming the government digitally' - Presentation by Dr Rajendra Kumar, IAS, CMD, ELCOT, in FICCI Digital Disruption & Transformation Summit DDTS
Blog post link: http://bit.ly/2viWgC0
Knight Frank India Real Estate (Jan-June 2017) ReportD Murali ☆
Knight Frank India Real Estate (Jan-June 2017) Report
Knight Frank-17H1
Kanchana Krishnan, Knight Frank on 17H1 January-June 2017 India Real Estate
(Residential, office)
Blog post link: http://bit.ly/2upCz7K
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)D Murali ☆
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
Knight Frank-17H1
Kanchana Krishnan, Knight Frank on 17H1 January-June 2017 India Real Estate
(Residential, office)
Blog post link: http://bit.ly/2upCz7K
Why Government is unfair to Indian Revenue Service officers who strenuously w...D Murali ☆
Why Government is unfair to Indian Revenue Service officers who strenuously work to provide fuel for efficiently running its administration? - T. N. Pandey - Article published in Business Advisor, dated April 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Supreme Court may kindly consider whether SIT appointed on its order needs to...D Murali ☆
Supreme Court may kindly consider whether SIT appointed on its order needs to be wound up - T. N. Pandey - Article published in Business Advisor, dated May 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Basic tenets of GST - Dr Sanjiv Agarwal - Article published in Business Advisor, dated May 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Possibility of set-off of business loss against cash credit/ unexplained inve...D Murali ☆
Possibility of set-off of business loss against cash credit/ unexplained investment - V. K. Subramani - Article published in Business Advisor, dated May 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Irrationalities in giving Padma awards damage their sanctity - T. N. PandeyD Murali ☆
Irrationalities in giving Padma awards damage their sanctity - T. N. Pandey - Article published in Business Advisor, dated May 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Karnataka HC endorses tax avoidance technique to lessen minimum alternate tax...D Murali ☆
Karnataka HC endorses tax avoidance technique to lessen minimum alternate tax (MAT) - T. N. Pandey - Article published in Business Advisor, dated June 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Updates on Circulars and Notifications - V. K. SubramaniD Murali ☆
Updates on Circulars and Notifications - V. K. Subramani - Article published in Business Advisor, dated June 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Supreme Court holds provisions of the National Tax Tribunal Act, 2005, as constitutionally invalid - T. N. Pandey
1. Volume IX Part 6 December 25, 2014 3 Business Advisor
Supreme Court holds provisions of the
National Tax Tribunal Act, 2005, as
constitutionally invalid
T. N. Pandey
A number of writ petitions were filed in different High
Courts challenging, inter alia, the constitutional validity
of the National Tax Tribunal Act, 2005 („NTT Act‟)
substituting National Tax Tribunal Benches for High
Court Benches with non-judicial members for disposing
of income-tax appeals.
These petitioners were consolidated in the Supreme
Court and decided in case of Madras Bar Association v.
UOI (2014) 227 Taxman 151/49 taxmann.com 55(SC) by
a single order of the Supreme Court.
The salient findings of the SC are discussed in the later discussion.
However, before doing that, the existing system for disposal of appeals
under the Income-tax Act, 1961 (Act) needs mention, to appreciate the
changes proposed by the NTT Act in the existing system of appeal under the
Act which have been held to be invalid.
2. Existing appellate procedure under the IT Act
The Act provides four-tier appellate procedure for appeals under the Act.
Against the assessment order passed by the Assessing Officer, 1st appeal by
the taxpayer lies to the executive Appellate Authority, namely, CIT (Appeals)
if he or it feels aggrieved by the AO‟s order. The IT Department has no power
to file an appeal against the AO‟s order before the CIT(A).
2.1 Against the CIT (Appeals) orders, appeals can be filed both by the
taxpayers and the IT Department whoever feels aggrieved by the CIT(A)‟s
order, or both if both feel aggrieved, to the Income Tax Appellate Tribunal
(ITAT) – a quasi-judicial body comprising of members from accounts and
judicial disciplines. Appeals against the Tribunals‟ order can be filed on
issues involving questions of law to the High Courts under which the
Tribunals are functioning. Earlier, the Act provided for reference to the High
Court which was to answer the question of law coming up before them and
the Tribunal‟s benches were to decide the appeals on the basis of answers to
the questions of law referred to the High Courts. On questions answered by
2. Volume IX Part 6 December 25, 2014 4 Business Advisor
the High Courts, the assessees or the IT Department could go in appeal to
the Supreme Court. Similar practices were being followed in regard to issues
raised under the Central Excise and Customs legislations. The Tribunals
functioning under the IT law, Central Excise and Customs Acts were
considered as Civil Courts dealing with „judicial proceedings‟. Powers and
functions of the Tribunals were to be exercised through benches constituted
by the President from amongst members of the Tribunal.
3. Substitution of the NTTs in places of High Courts under the
legislations
The NTT Act transfers work presently done by the High Courts, benches, to
NTT benches. In the NTT Bill, 4 main reasons were mentioned for making
the changes, namely:
1) To reduce pendency of huge arrears, that had mounted in the High
Courts all over the country;
2) Huge tax recovery was statedly held up, in tax litigation before various
High Courts, which directly impacted implementation of national
projects/ welfare schemes of the Government of India;
3) To have uniformity in the interpretation of tax laws. In this regard, it was
suggested that different opinions were expressed by different High Courts
on identical tax issues, resulting in the litigation process being tied up in
higher courts; and
4) The existing judges dealing with tax cases were from civil courts and,
3. Volume IX Part 6 December 25, 2014 5 Business Advisor
therefore, were not well versed to decide complicated tax issues.
This legislation was challenged before the Court, inter alia, on the following
grounds:
(I) Power of judicial review can be exercised only by High Courts, not by any
other body or tribunal. This view was supported by an earlier decision of
the Court in the case of Sampathi Kumar v. UOI (1987), where it was
decided that judicial review was an integral part of the „basic structure‟ of
the Constitution. All the same, it was held that Parliament was
competent to amend the Constitution and substitute in place of the High
Court, another alternative institutional mechanism (Court or Tribunal).
(II) Other aspects discussed in the context of basic objections (supra) were:
(a) It would be pertinent to mention that, in so concluding, this Court added
a forewarning, that the alternative institutional mechanism set up by
Parliament through an amendment, had to be no less effective than the
High Court itself. In L. Chandra Kumar case, even though this Court held
that the power of „judicial review‟ over legislative action vested in High
Courts was a part of the „basic structure‟, it went on to conclude that
„ordinarily‟ the power of High Courts to test the constitutional validity of
legislations could never be ousted. All the same, it was held that the
powers vested in High Courts to exercise judicial superintendence over
decisions of all Courts and Tribunals within their respective
jurisdictions, was also a part of the „basic structure‟ of the Constitution.
(b) The position that Parliament had the power to amend the Constitution,
and to create a Court/ Tribunal to discharge functions which the High
Court was discharging, was reiterated, in the Union of India v. Madras
Bar Association case. It was concluded that the Parliament was
competent to enact a law, transferring the jurisdiction exercised by High
Courts, in regard to any specified subject, to any Court/ Tribunal. But it
was clarified, that Parliament could not transfer power vested in the High
Courts, by the Constitution itself. There is no hesitation in concluding
that appellate powers vested in the High Court under different statutory
provisions can definitely be transferred from the High Court to other
Courts/ Tribunals, subject to the satisfaction of norms declared by this
Court. Herein the jurisdiction transferred by the NTT Act was with regard
to specified subjects under tax related statutes. That would be
permissible in terms of the position expressed above.
(c) Has the NTT Act transferred any power vested in Courts by the
Constitution? The answer is in the negative. The power of „judicial review‟
vested in the High Court under articles 226 and 227 of the Constitution,
has remained intact. This aspect of the matter has a substantial bearing
to the issue in hand. And will also lead to some important inferences.
Therefore, it must never be overlooked that, since the power of „judicial
review‟ envisaged by the High Court under articles 226 and 227 of the
4. Volume IX Part 6 December 25, 2014 6 Business Advisor
Constitution has remained unaltered, the power vested in High Courts to
exercise judicial superintendence over the benches of the NTT within
then irrespective jurisdiction, has been consciously preserved. Since the
above jurisdiction of the High Court has not been ousted, the NTT will be
deemed to be discharging a supplemental role, rather than a
substitutional role. In the above view of the matter, the submission that
the NTT Act violates the „basic structure‟ of the Constitution cannot be
acquiesced to.
(d) Even though the contention advanced on behalf of the petitioners
premised on the „basic structure‟ theory is rejected, still it is essential to
deal with the submission advanced by respondents in response. It was
contended that a legislation (not being an amendment to the
Constitution), enacted in consonance of the provisions of the
constitution, on a subject within the realm of the concerned legislature,
cannot be assailed on the ground that it violates the „basic structure‟ of
the Constitution. For the present controversy, the respondents had
placed reliance on articles 245 and 246 of the Constitution, as also, on
entries 77 to 79, 82 to 84, 95 and 97 of the Union List of the Seventh
Schedule, and on entries 11A and 46 of the Concurrent List of the
Seventh Schedule. Based thereon, it was asserted that Parliament was
competent to enact the NTT Act. For examining the instant contention, it
is so presumed.
(e) The Constitution regulates the manner of governance in substantially
minute detail. It is the fountainhead distributing power, for such
governance. The Constitution vests the power of legislation at the Centre,
with the Lok Sabha and Rajya Sabha, and in the States with the State
Legislative Assemblies (and in some States, the State Legislative
Councils, as well). The instant legislative power is regulated by “Part XI‟
of the Constitution. The submission advanced at the hands of the
respondents, insofar as the instant aspect of the matte is concerned, is
premised on the assertion that the NTT Act has been enacted strictly
inconsonance with the procedure depicted in “Part XI‟ of the
Constitution.
(f) It is also the contention of the respondents, that the said power has been
exercised strictly in consonance with the subject on which the
Parliament is authorised to legislate. Whilst dealing with the instant
submission advanced at the hands of the respondents, all that needs to
be stated is that the legislative power conferred under „Part XI‟ of the
Constitution has one overall exception, which undoubtedly is that the
„basic structure‟ of the Constitution cannot be infringed, no matter what.
There is a fine difference in what the petitioners contend, and what the
respondents seek to project. The submission advanced by the petitioners
does not pertain to lack of jurisdiction or inappropriate exercise of
jurisdiction.
5. Volume IX Part 6 December 25, 2014 7 Business Advisor
(g) The submission advanced at the hands of the petitioners is, that it is
impermissible to legislate in a manner as would violate the „basic
structure‟ of the Constitution. This Court has repeatedly held that an
amendment to the provisions of the Constitution would not sustainable if
it violated the „basic structure‟ of the Constitution, even though the
amendment had been carried out, by following the procedure
contemplated under „Part XI‟ of the Constitution. This leads to the
determination, that the „basic structure‟ is inviolable. The same would
apply to all other legislations (other than amendments to the
Constitution) as well, even though the legislation had been enacted by
following the prescribed procedure, and was within the domain of the
enacting legislature, any infringement to the „basic structure‟ would be
unacceptable. Such submissions advanced at the hands of the
respondents, are therefore, liable to be disallowed, and are accordingly
declined.
(III) Objections II & III
These were:
(a) In addition to the determination on the adjudication of the present
controversy on the concept of basic structure, the instant matter calls for
a determination on the sustainability of the NTT Act, from other
perspectives also. First and foremost, it was the submission of the
petitioners, that it is impermissible for Legislature to abrogate/ divest the
core judicial appellate functions, specially, the functions traditionally
vested in a superior Court, to a quasi-judicial authority devoid of
essential ingredients of the superior court. The instant submission was
premised on the foundation, that such action is Constitutionally
impermissible.
(b) In order to determine whether or not the appellate functions, which have
now been vested with the NTT, constituted the core judicial appellate
function traditionally vested with the jurisdictional High Courts, a
perusal of the historical perspective reveals that, as against the initial
assessment of tax/duty liability, the first forum for challenge has
traditionally been with an executive appellate adjudicatory authority.
Legislative details reveal that, for some time, there was a power of
reference, exercisable on „questions of law‟. The adjudication thereof
rested with the jurisdictional High Courts. The second appellate remedy
has always been before a quasi-judicial appellate authority, styled as an
Appellate Tribunal. Across the board, under all the enactments which are
relevant for the present controversy, proceedings before the Appellate
Tribunal have been legislatively described as „judicial proceedings‟.
(c) It is, therefore, apparent that, right from the beginning, the clear
legislative understanding was that, from the stage of the proceedings
before the Appellate Tribunal, the proceedings were of the nature of
„judicial proceedings‟. Again, across the board, under all the enactments,
6. Volume IX Part 6 December 25, 2014 8 Business Advisor
relevant for the present controversy, questions of law were originally left
to be adjudicated by the jurisdictional High Courts. The reference
jurisdiction was substituted in all the enactments, and converted into
appellate jurisdiction. The instant appellate jurisdiction was vested with
the jurisdictional High Court.
(d) Under the Income-tax Act, 1961, section 260A, provided an appellate
remedy from an order passed by the Appellate Tribunal, to the
jurisdictional High Court. Similarly, section 129 of the Customs Act,
1962, and section 35G of the Central Excise Act, 1944, provided for an
appellate remedy from the concerned Appellate Tribunal to the High
Court. The jurisdictional High Court would hear appeals on questions of
law against orders passed by the Appellate Tribunals. It is, therefore,
apparent that, right from the beginning, well before the promulgation of
the Constitution, the core judicial appellate functions, for adjudication of
tax related disputes, were vested with the „jurisdictional High Courts‟.
The High Courts have, traditionally, been exercising the jurisdiction to
determine questions of law, under all the above tax legislations. In this
view of the matter, it is not possible to conclude, that it was not justified
for the counsel for the petitioners to contend, that the core judicial
appellate function in tax matters, on questions of law has
uninterruptedly been vested with the jurisdictional High Courts.
(e) It is necessary to keep in mind the composition of the adjudicatory
authorities which have historically dealt with the mattes arising out of
tax laws. All Appellate Tribunals which are relevant for the present
controversy were essentially comprised of Judicial Members, besides
Accountant or Technical Members. To qualify for appointment as a
Judicial Members, it was essential that the incumbent had held a
judicial office in India for a period of 10 years, or had practised as an
advocate for a similar period. It is the above qualification, which enabled
the enactments to provide, by a fiction of law, that all the said Appellate
Tribunals were discharging „judicial proceedings‟. The next stage of
appellate determination has been traditionally vested with the High
Courts.
(f) The income-tax legislation, the customs legislation, as well as the central
excise legislation uniformly provided that, in exercise of its appellate
jurisdiction, the jurisdictional High Court would adjudicate appeals
arising out of orders passed by the respective Appellate Tribunals. The
said appeals were by a legislative determination, to be heard by benches
comprising of at least two judges of the High Court. Adjudication at the
hands of a bench consisting of at least two judges, by itself, is indicative
of the legal complications, insofar as the appellate adjudicatory role, of
the jurisdictional High Court was concerned.
(g) It would, therefore, not to be incorrect to conclude, by accepting the
submissions advanced by the petitioners, that before and after
promulgation of the Constitution, till the enactment of the NTT Act, all
7. Volume IX Part 6 December 25, 2014 9 Business Advisor
legislative provisions vested the appellate power of adjudication, arising
out of the Income-tax Act, the Customs Act and the Excise act, on
questions of law, with the jurisdictional High Courts.
(h) Having recorded the above conclusion, the next issue to be determined
was whether the adjudication of the disputes arising out of the
provisions under reference, must remain within the realm of the
jurisdictional High Courts? The instant proposition has two perspectives.
First, whether constitutional interpretation in the manner accepted the
world over would be a constitutional mandate, for the appellate
jurisdiction pertaining to tax matters, to remain with the High Court.
Secondly, whether the express provisions of the Constitution mandate
the tax issues should be decided by the concerned jurisdictional High
Court.
(i) The first perspective, namely, is whether constitutional interpretation in
the manner accepted the world over, would be a constitutional mandate
for appellate jurisdiction on tax mattes, to remain with the jurisdictional
High Court. Insofar as the instant aspect of the matter is concerned,
reliance was placed on judgments emerging out of the Constitutions of
Jamaica, Ceylon, Australia and Canada, rendered either by the Privy
Council or the highest Courts of the concerned countries. The contention
of the counsel for the petitioners was that the constitutions of the above
countries were based on the Westminster model. It was further pointed
out, that the Indian Constitution was also based on the Westminster
model, and that, the instant position stands recognised in the judgment
rendered by this Court in Union of India v. Madras Bar Association.
Incidentally, it was submitted that judicial power which rested with the
definite Courts at the time of enactment of the constitutions based on the
Westminster model, had to remain with the same courts, even after the
constitutions had become effective and operational.
(j) Furthermore, it was submitted that the judicial power had to be
exercised in the same manner as before, i.e., whether by a judge sitting
singly, or with other judges. And therefore it was asserted that, on
constitutional conventions well recognised the world over, appellate
jurisdiction in respect of tax mattes, would have to remain with the
jurisdictional High Courts, and would have to be determined by a bench
of at least two judges of the High Court, as was the position before the
enactment of the Constitution, and as has been the position thereafter,
till the promulgation of the NTT Act.
(k) There is substance in the submission advanced by the petitioners, but
not exactly in the format suggested by them. In every new constitution,
which makes separate provisions for the Legislature, the executive and
the judiciary, it is taken as acknowledged/ conceded, that the basic
principle of „separation of powers‟ would apply. And that the three wings
of governance would operate in their assigned domain/ province. The
power of discharging judicial functions, which was exercised by members
8. Volume IX Part 6 December 25, 2014 10 Business Advisor
of the higher judiciary at the time when the constitution came into force,
should ordinarily remain with the Court, which exercised the said
jurisdiction, at the time of promulgation of the new constitution. But the
juridical power could be allowed to be exercised by an analogous/similar
Court/ Tribunal, with a different name. However, by virtue of the
constitutional convention, while constituting the analogous Court/
Tribunal, it will have to be ensured, that the appointment and security of
the tenure of Judges of that Court would be the same, as of the Court
sought to be substituted.
(l) Thus, it can be said that transfer of jurisdiction is permissible, but in
effecting such transfer, the Court to which the power of adjudication is
transferred, must be endured with salient characteristics, which were
possessed by the court from which the adjudicatory power has been
transferred. In recording conclusions on the submission advanced as the
first perspective, one may only state that this conclusion is exactly the
same as was drawn while examining the petitioners‟ previous
submission, namely, that it is not possible to accept that under
recognised constitutional conventions, judicial power vested in superior
courts cannot be transferred to coordinate Courts/ Tribunals. The
answer is that such transfer is permissible. But whenever there is such
transfer, all conventions/ customs/ practices of the court sought to be
replaced, have to be incorporated in the Court/ Tribunal created. The
newly created Court/ Tribunal would have to be established, in
consonance with the salient characteristics and standards of the court
which is sought to be substituted.
(m) The second perspective to be dealt with is, namely, whether the
provisions of the Indian Constitution itself mandate that tax issues at the
appellate level, must be heard by the concerned jurisdictional High
Court. Insofar as the instant aspect of the manner is concerned, the
petitioners placed reliance on articles 50 and 225 of the Constitution.
Article 50 of the Constitution was relied upon to demonstrate the intent
of the framers of the Constitution, namely, that they wished to ensure
the exclusivity and the separation of the judiciary, from the executive. It
is not necessary to deal with the instant aspect of the matter, for the
reason that, in the judgments rendered by this Court, the issue has
already been debated with reference to article 50 of the Constitution.
(n) The other provision relied upon by the petitioners is article 225 of the
Constitution. The tenor of the submission advanced by the petitioners
has been recorded while dealing with the second contention (advanced
on behalf of the petitioners). The same may be adverted to. There can be
no doubt whatsoever that article 225 of the Constitution does expressly
provide that the jurisdiction of existing High Courts and the respective
powers of the judges thereof „shall be the same as immediately before the
comments of the Constitution‟. It is also apparent that the proviso
thereto expressly mandates that any restriction to which the exercise of
original jurisdiction by any of the High Courts with respect to any matter
9. Volume IX Part 6 December 25, 2014 11 Business Advisor
concerning the revenue or concerning any act ordered or done in
collection thereof was subject immediately before the comments of the
Constitution shall no longer apply to the exercise of such jurisdiction.
(o) Insofar as the contention emerging out of the proviso is concerned, it
needs to be pointed out that the same pertains to „the exercise of original
jurisdiction by any of the High Courts‟. It is, therefore, apparent that the
issue in hand, namely, the appellate jurisdiction vested with the
jurisdictional High Courts, under the provisions of the Income-tax Act,
the Customs Act and the Excise Act, has no bearing to the proviso under
reference. It is therefore concluded that the instant submissions
advanced by the petitioners, is not made out from article 225 of the
Constitution.
(IV) Objections IV & V
(a) In the writ petition, the members of the Institute of Company Secretaries
of India sought the right to appear before the NTT, as representatives of a
party to an appeal.
(b) A perusal of the section 13 reveals that a party to an appeal (other than
the revenue) may appear either in person, or may authorise one or more
Chartered Accountants, or legal practitioners, or any person duly
authorised by him, to present his case before the NTT. The pointed
submission advanced on behalf of the Institute of Chartered Accountants
of India was, that under section 13 of the NTT Act, Chartered
Accountants are entitled to appear before the NTT, because of their
recognised acumen. It was submitted that it is prerogative of the
Legislature and a matter of policy, to determine persons who are entitled
to appear before the NTT. It was pointed that the courts should not
ordinarily interfere in such policy matters.
(c) It is undisputed that the Members of the NTT would most definitely be
confronted with the legal issues emerging out of Family Law, Hindu Law,
Mohammedan Law, Company Law, Law of Partnership, Law related to
Territoriality, Law related to Trusts and Societies, Contract Law, Law
relating to Transfer of Property, Law relating to Intellectual Property,
Interpretation of Statutes, and other Miscellaneous Provisions of Law,
from time to time. The NTT besides the aforesaid statutes, will not only
have to interpret the provisions of the three statutes, out of which
appeals will be heard by it, but will also have to examine a challenge to
the vires of statutory amendments made in the said provisions, from time
to time. They will also have to determine in some cases, whether the
provisions relied upon had a prospective or retrospective applicability.
(d) Keeping in mind the fact that, in terms of section 15 of the NTT Act, the
NTT would hear appeals from the Income Tax Appellate tribunal and the
Customs, Excise and Service Tax Appellate Tribunal (CESTAT) only on
substantial questions of law, it is difficult to appreciate the propriety of
10. Volume IX Part 6 December 25, 2014 12 Business Advisor
representation, on behalf of a party to an appeal, through either
Chartered Accountants or Company Secretaries, before the NTT. The
determination at the hands of the NTT is shorn of factual disputes. It has
to decide only substantial questions of law. The Chartered Accountants
and Company Secretaries would at best be specialists in understanding
and explaining issues pertaining to accounts. These issues would fall
purely within the realm of facts. It is difficult to accept the prayer made
by the Company Secretaries to allow them, to represent a party to an
appeal before the NTT.
(e) Even insofar as the Chartered Accountants are concerned, one is to hold
that allowing them to appear on behalf of a party before the NTT would
be unacceptable in law. Accordingly, the claim of Company Secretaries,
to represent a party before the NTT is rejected. Accordingly, the prayer
made by Company Secretaries in Writ Petition is hereby declined. While
recording the above conclusions, it is simultaneously held section 113(1),
insofar as it allows Chartered Accounts to represent a party to an appeal
before the NTT, as unconstitutional and unsustainable in law.
(V) Regarding Constitutional validity of sections 5, 6, 7, 8 and 13 of the NTT
Act
(a) Section 5(2) of NTT is in clear breach of the law declared by the Court.
(b) It would not be appropriate to allow the Central Government to play any
role, with reference to the places where the benches would be set up, the
areas over which the benches would exercise jurisdiction, the
composition and the constitution of the benches, as also the transfer of
the members from one bench to another. It would be inappropriate for
the Central Government to have any administrative dealings with the
NTT or its Members. In the jurisdictional High Courts, such power is
exercised exclusively by the Chief Justice, in the best interest of the
11. Volume IX Part 6 December 25, 2014 13 Business Advisor
administration of justice. Allowing the Central Government to participate
in the afore-stated administrative functioning of the NTT, would impinge
upon the independence and fairness of the Members of the NTT.
(c) Section 5 of the NTT Act is not sustainable in law, as it does not ensure
that the alternative adjudicatory authority is totally insulated from all
forms of interference, pressure or influence from coordinate branches of
Government. There is therefore no alternative, but to hold that sub-
sections (2),(3), (4) and (5) of Section 5 of the NTT Act are
unconstitutional
(d) Since the Chairperson/ Members of the NTT will be required to
determine „substantial questions of law‟, arising out of decisions of the
Appellate tribunals, it is difficult to appreciate how an individual, well-
versed only in accounts, would be able to discharge such functions.
Likewise, it is also difficult to understand how Technical Members, who
may not even possess the qualification of law, or may have no experience
at all in the practice of law, would be able to deal with „substantial
question of law‟, for which alone, the NTT has been constituted.
(e) The NTT would be confronted with disputes arising out of family Law,
Hindu Law, Mohemmedan Law, Company Law, Law of Partnership Law
relating to Territoriality, Law relating to Trusts and Societies, Contract
Law, Law relating to Transfer of Property, Law relating to Intellectual
Property, Interpretation of Statutes/ Rules, and other Miscellaneous
Provisions of Law. Besides the above, the Members of the NTT will
regularly have to interpret the provisions of the Income-tax Act, the
Customs Act and the Excise Act. It is thus opined opinion, that only a
person possession professional qualification in law, with substantial
experience in the practice of law, will be in a position to handle the
onerous responsibilities which a Chairperson and Members of the NTT
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will have to shoulder.
(f) There seems to be no doubt, whatsoever, that the members of a Court/
Tribunal to which adjudicatory functions are transferred, must be
manned by judges/ members whose stature and qualifications are
commensurate to the court from which the adjudicatory process has
been transferred.
(g) Section 7 cannot be considered to be constitutionally valid, since it
includes in the process of selection and appointment of the Chairperson
and Members of the NTT, Secretaries of Department of the Central
Government.
(h) Finally sections 5, 6, 7, 8 and 13 of the NTT Act have been held to be
illegal and unconstitutional on the basis of the parameters laid down by
decisions of constitutional benches of the Court and on the basis of
recognised constitutional conventions referable to constitutions framed
on the Westminster model. In the absence of the aforesaid provisions
which have been held to be unconstitutional, the remaining provisions
have been rendered otiose and worthless, and as such the provisions of
the NTT Act, as a whole, have been set aside.
4. Final summing up
Thus, the entire exercise relating NTT and the NTT Act for nearly 10 years
has been a total waste! The old system will have to be reverted back.
(T. N. Pandey is Former Chairman, Central Board of Direct Taxes)