February 2020 | The Chamber's Journal | 3 |

Editorial Vipul B. Joshi .........................................................................5

From the President Vipul K. Choksi .......................................................................9

SPECIAL STORY

Finance Bill 2020

Optional Scheme for Tax Payments for Individuals, HUFs and Societies — Ketan Vajani ...............................................................11

Taxation of Dividend — Paras S. Savla, Pratik Poddar & Kunal Desai ......................................18

Budget 2020 : Towards a perfect ecosystem for start-ups — Devendra Jain & Radha Halbe ..............................30

Amendments related to International Taxation — Naresh Ajwani ...............34

Procedural Amendments — Ganesh Rajgopalan ....................................................50

Amendments related to TDS & TCS — Prachi Parekh .............................................................55

Amendments related to Appeals — Dharan Gandhi ..........................................................63

Amendments related to Charitable & Religious Trusts — Paras K. Savla .......................68

Miscellaneous Amendments — Kalpesh Katira ............................................................82

The Direct Tax Vivad Se Vishwas Bill, 2020 — Dharan V. Gandhi & Viraj Mehta ..........................87

Union Budget 2020 – Amendments in GST and other Recent Development in GST Law — Rajkamal Shah ................................103

Direct Taxes

Supreme Court — Keshav Bhujle .................................111

ContentsVol. VIII | No. 5 | February – 2020

High Court — Paras S. Savla, Jitendra Singh, Nishit Gandhi ........................................................................115

Tribunal — Neelam Jadhav, Neha Paranjpe & Tanmay Phadke............................................................121

International Taxation

Case Law Update — Tarunkumar Singhal & Dr. Sunil Moti Lala ........125

Indirect Taxes

GST Gyan - E-Invoicing under GST – One more steps towards digitalisation — Ashit Shah ...................................... 131

GST – Recent Judgments & Advance Rulings — Naresh Sheth & Jinesh Shah ..................................135

Service Tax – Case Law Update — Rajiv Luthia & Keval Shah ....................................150

Corporate Laws

Case Law Update — Makrand Joshi .....................154

Repository and Proficiency Test for Independent Directors — Tejas Davda ...........161

Other Laws

FEMA Update & Analysis — Mayur Nayak, Natwar Thakrar & Pankaj Bhuta ...............................166

Accounting and Auditing

In Focus – Understanding Standards on Quality Control (SQC) 1 — Milan Mody & Sandesh Rajapkar ........................ 174

Best of The Rest — Rahul Sarda ............................181

Tax Articles — Kishor Vanjara ................................185

The Chamber News — Ketan L. Vajani & Haresh P. Kenia......................193

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