Tax evasion directly affects poor: CJI Misra

Source: The Hitavada      Date: 03 Dec 2017 11:43:44


Staff Reporter,

“IN ORDER to strengthen the national economy, tax evasion is India is not permissible. Tax evasion affects poor citizens and deprives them of basic facilities. It is the responsibility of tax practitioners to differentiate between tax planning and tax avoidance and work honestly to discharge their liabilities towards the nation. Tax lawyers should avoid finding loopholes in tax policy to benefit litigants but provide them taxation benefits under the law to ensure their contribution in nation building,” said Chief Justice of India Justice (CJI) Dipak Misra.

He was addressing the inaugural session of National Tax Convention-2017 jointly organised by All India Federation of Tax Practitioners, Central Zone, Madhya Pradesh Tax Consultants Association and Tax Bar Association Jabalpur at Tarang Auditorium, on Saturday. Addressing the programme, Justice Misra gave references of Ved Vyas and Chanakya and informed about necessity of transparent and easy taxation system since pre-historic period to ensure equal rights to citizens in the society. He also gave example of Nanabhoy Palkhivala as ideal for law professionals who are always committed to serve the nation. He encouraged young lawyers to take inspiration from Nanabhoy Palkhivala to taste success and ensure true service to the nation. 

The Chief Justice of India applauded initiatives of All India Federation of Tax Practitioners (AIFTP) to organise convention in a grand manner and wished for exchange of knowledge and better use of taxation laws in the country. Special guest on the occasion, Chief Justice of Madhya Pradesh High Court Hemant Gupta informed that total tax revenue of the Central Government was around Rs 16 lakh crore during year 2016-17 that is expected to rise to Rs 19 lakh crore in current financial year. Most of the developed countries are utilising their strength in improving their economy.

India is 160th country to implement GST Act after 63 years after France first adopted the same in the world in 1954. Nevertheless, it is better to be late than never to develop sole market by avoiding multiple taxation laws. He remembered challenges faced in the country at the time of banking reforms which is now getting advanced with use of online banking services. People will soon overcome complications in filing GST returns with optimum use of technology. He appreciated initiative of Tax Association to assist the Government in implementation of GST. The conference will help tax practitioners to exchange knowledge and benefit tax payers. Chief Justice of Patna High Court Justice Rajendra Menon said he was delighted on being a part of mega programme chaired by the Chief Justice of India. It is a privilege for the city that AIFTP is organising such big convention on theme ‘Tax Practice-Vision 2012’.

Justice Rajendra Menon termed implementation of GST Act as one of the biggest tax reforms in the country which is ushering new era of development to bring professional approach with new method and technology. Conference of this magnitude will enable tax professionals to update them with new legal provisions which will ultimately help tax payers in dealing with various complicated issues arising while implementing these laws. Subject experts and tax professionals will be dealing with this for next couple of days to discuss various issues to benefit tax consultants. On the occasion, Madhya Pradesh High Court Advocate General Purushaindra Kaurav was special guest during the programme.

At the outset, Premlata Bansal, President, AIFTP, informed about significance of national conference. In his welcome address, AIFTP Deputy President Ganesh Purohit welcomed guests and gave detailed information about significance of national conference. He informed that discussions of subject experts and tax practitioners during the conference will solve several queries and benefit young practitioners for implementation of taxation norms. On the occasion, CJI Dipak Misra, accompanied by other dignitaries, released the souvenir of National Tax Convention-2017 and also released books authored by K Shivram and Pankaj Ghiya.

Programme Coordinator Shishir Nema proposed a vote of thanks, judges of Madhya Pradesh High Court and Patna High Court, senior tax professionals and members were thanked for sparing time and making the programme a grand success. Earlier, Tax Bar Association President M M Nema, G N Purohit, Manisha Dubey and other office-bearers welcomed the guests by presenting bouquets.  In the two technical sessions, key note speakers Kapil Goyal (Delhi), Dr K Shivram (Mumbai), S K Poddar, P C Joshi, Dr MVK Murthy, Pramod Agrawal (Hyderabad), CA S Venkatramani (Bengaluru), CA Gaurav Gupta (New Delhi) delivered their lectures on Income Tax Search and Seizure and GST.