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	<title>Mukesh Patel</title>
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	<link>http://mukeshpatel.in</link>
	<description>practical tax &#38; investment planning online</description>
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		<title>FM’s BUDGET ON A ROCK &amp; ROLL!</title>
		<link>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/fms-budget-on-a-rock-roll/</link>
		<comments>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/fms-budget-on-a-rock-roll/#comments</comments>
		<pubDate>Sun, 06 May 2012 18:30:00 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[Finance Bill]]></category>
		<category><![CDATA[GAAR]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=566</guid>
		<description><![CDATA[One year deferment of GAAR, equity savings scheme &#38; some TCS concession likely to be announced in Finance Bill today!               Taxpayers are bound to keenly watch the Lok Sabha proceedings today, as the FM rises to move some amendments in the Finance Bill, 2012, which is slotted for [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>INCOME TAX, NO LONGER AS TAXING!</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/income-tax-no-longer-as-taxing/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/income-tax-no-longer-as-taxing/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 07:55:34 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Income-tax Planning]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=560</guid>
		<description><![CDATA[You can plan to pay tax of Rs.4,01,700 on family income of Rs.33 lakhs, at an average tax rate of just 12.17%!         Just consider some tax facts of the past eight years as highlighted hereunder: In FY 2004-05, the basic Income-tax exemption limit was Rs.50,000 and taxable income exceeding Rs.1,50,000 attracted [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MAD MONSTER OF TAX AMENDMENTS!</title>
		<link>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/mad-monster-of-tax-amendments/</link>
		<comments>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/mad-monster-of-tax-amendments/#comments</comments>
		<pubDate>Sun, 22 Apr 2012 18:30:21 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[Finance Bill]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=557</guid>
		<description><![CDATA[Low arousal Indians endure injustice &#38; unfairness with feudalistic servility &#38; fatalistic resignation said Palkhiwala              The record number of 113 clauses of the Finance Bill, 2012, proposing a plethora of amendments in Direct Taxes and so many of them even with retrospective effect, reminds me of the unforgettable words [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MAJOR TAX SAVING FOR MINOR’S INCOME</title>
		<link>http://mukeshpatel.in/save-tax-the-smart-way/major-tax-saving-for-minors-income/</link>
		<comments>http://mukeshpatel.in/save-tax-the-smart-way/major-tax-saving-for-minors-income/#comments</comments>
		<pubDate>Sun, 15 Apr 2012 18:30:47 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Save Tax - The Smart Way]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Minor's income]]></category>
		<category><![CDATA[Tax Saving]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=555</guid>
		<description><![CDATA[Using the medium of a discretionary trust, you can plan to save a decent tax of Rs.2,06,000 on income of Rs.10,00,000!               Section 64(1A) of the Income-tax Act provides that “in computing the total income of any individual, there shall be included all such income as arises or accrues [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PAVING FOR DOUBLE TAX SAVING!</title>
		<link>http://mukeshpatel.in/uncategorized/paving-for-double-tax-saving/</link>
		<comments>http://mukeshpatel.in/uncategorized/paving-for-double-tax-saving/#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:30:14 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Capital Gain]]></category>
		<category><![CDATA[Capital Gain Bond]]></category>
		<category><![CDATA[Sec. 54EC]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=553</guid>
		<description><![CDATA[ITAT Ahmedabad holds capital gains of Rs.1 crore exempt u/s.54EC, where investment is split in two financial years              Section 54EC of the Income-tax Act provides for exemption of taxable long term capital gains (LTCG) arising from the transfer of an asset, to the extent the amount of such gains [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>CALL FOR CRUSADE AGAINST GAAR!</title>
		<link>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/call-for-crusade-against-gaar/</link>
		<comments>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/call-for-crusade-against-gaar/#comments</comments>
		<pubDate>Sun, 01 Apr 2012 18:30:58 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[GAAR]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=541</guid>
		<description><![CDATA[Even as Parliamentary Panel frowns on the notorious DTC provisions, Budget gives it a mischievous back-door entry!              While presenting his Budget 2012, the Union Finance Minister referred to the ‘Report on the Direct Taxes Code (DTC) Proposals’ received from the Parliament’s Standing Committee on Finance and observed that, “we [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>COERCIVE RECOVERY NOT JUSTIFIED!</title>
		<link>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/coercive-recovery-not-justified/</link>
		<comments>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/coercive-recovery-not-justified/#comments</comments>
		<pubDate>Wed, 28 Mar 2012 18:30:36 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=537</guid>
		<description><![CDATA[HC holds that ITO should not act as a mere tax gatherer but as a quasi judicial authority vested with public duty! “Administrative directions for fulfilling recovery targets for the collection of revenue should not be at the expense of foreclosing remedies which are available to assessees for challenging the correctness of a demand. The sanctity [...]]]></description>
		<wfw:commentRss>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/coercive-recovery-not-justified/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ILLUSIONS LARGER THAN CONCESSIONS!</title>
		<link>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/illusions-larger-than-concessions/</link>
		<comments>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/illusions-larger-than-concessions/#comments</comments>
		<pubDate>Sun, 18 Mar 2012 18:30:07 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>
		<category><![CDATA[Budget 2012]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=534</guid>
		<description><![CDATA[Tax reliefs granted by the FM in Budget 2012 are not only inadequate but also deceptive!                    While the Finance Minister has been predictable, in announcing the much expected Rs.2,00,000 personal income-tax exemption limit (from the current limit of Rs.1,80,000), he has disappointed the lady taxpayer and [...]]]></description>
		<wfw:commentRss>http://mukeshpatel.in/tax-clues-ahmedabad-mirror/illusions-larger-than-concessions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>DTC PANEL MOOTS MAJOR REFORMS!</title>
		<link>http://mukeshpatel.in/direct-tax-code/dtc-panel-moots-major-reforms/</link>
		<comments>http://mukeshpatel.in/direct-tax-code/dtc-panel-moots-major-reforms/#comments</comments>
		<pubDate>Sun, 11 Mar 2012 18:30:44 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Direct Tax Code]]></category>
		<category><![CDATA[Tax Clues - Ahmedabad Mirror]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=521</guid>
		<description><![CDATA[Seeks more rational exemptions, liberal tax rates, greater accountability in administration &#38; taxpayer friendly regime!                    “We want taxpayers to celebrate DTC. I can assure you that our committee will make sure that the Direct Tax Code (DTC) is made as taxpayer friendly, as judicious and as [...]]]></description>
		<wfw:commentRss>http://mukeshpatel.in/direct-tax-code/dtc-panel-moots-major-reforms/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SIMPLE PRE-BUDGET PRESCRIPTION!</title>
		<link>http://mukeshpatel.in/uncategorized/simple-pre-budget-prescription/</link>
		<comments>http://mukeshpatel.in/uncategorized/simple-pre-budget-prescription/#comments</comments>
		<pubDate>Sun, 04 Mar 2012 18:30:43 +0000</pubDate>
		<dc:creator>mukesh patel</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Pre Budget]]></category>

		<guid isPermaLink="false">http://mukeshpatel.in/?p=517</guid>
		<description><![CDATA[Via meaningful reforms in tax administration FM can earn immense tax-payer goodwill without losing any tax revenue!               There was a time until the mid-1980s when our direct tax rates were so high, that Indian taxpayers used to pray to the FM, “Take away all our income, just return [...]]]></description>
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