International Tax Journal

From the President


Vipul K. Choksi
Dear Members, After the hectic season of Tax Audits followed by Transfer Pricing Audits, the professionals will now be busy in attending the time barring assessments. With the e-assessments, the hassle of visiting Income tax offices should hopefully reduce substantially. Everyone would be looking forward to a small vacation before the onset of the New Year! With the new e-assessment procedure applicable from A.Y.2018-19, there will be sea change in the way the assessments will be done. It is anybody’s guess whether the new e-assessment procedure would make life of the assessee as well as professionals easier or tougher! On the macro front, the news seems to be mixed. The Supreme Court finally delivered its verdict on the Ram Temple at Ayodhya and I must say that the people of India have gracefully and peacefully accepted its verdict. The issue to my mind really is that God resides within each of us and we, by accepting the Courts verdict, and choosing to contin.......