Organized syndicates such as the stock market syndicates, shell company syndicates and hawaladar networks often facilitate in laundering of black money and their infusion into formal accounts. Amazon directly manages delivery for this product. This book serves to fill the Gap which u can never get through normal books available in market on this subjects. Something went wrong. His articles have been published in The Mint, Economic Times, First Post, and Asia Times. Tax avoidance preys on loopholes available within the ambit of law. IT GIVES ME AN IDEA TO STREAM LINE MY BUSINESS ACTIVITIES AND TO REGULATE THINGS SO I CAN SAFEGUARD MY BUSINESS IN FUTURE. Quite delighted I found an enlightening one-of-a-kind Book that tells us about a variety of innovative Tax Avoidance schemes carried on by Taxpayers. All abusive tax avoidance structures have been brought together here in a single book. by Smarak Swain | 1 March 2019. April 29, 2019. These ebooks can only be redeemed by recipients in the US. But as I grew older, my parents forced me into a rat-race of competitive examinations. I learnt about Contract Law, Companies Act, Partnership Law, Law of Evidences, other than Tax Laws. Hence, the number of techniques at the disposal of an accountant for avoiding taxes is limited (while techniques for Evading tax are infinite). Economics behind different taxation rates for … Hence, the number of techniques at the disposal of an accountant for avoiding taxes is limited (while techniques for evading tax are infinite). He’s the Joint Commissioner of Income Tax. Save my name, email, and website in this browser for the next time I comment. The Curious Case of Black Money and White Money: Exposing the Dirty Game of Money Laundering! Smarak Swain; Format. Get 10% up to ₹150 back, pay with Amazon Pay UPI. Quite delighted I found an enlightening one-of-a-kind Book that tells us about a variety of innovative Tax Avoidance schemes carried on by Taxpayers. Read more. This book reveals loopholes available within ambit of law, used by corporate in legal ways to avoid paying taxes. Ltd.; First edition (1 March 2019), Excellent illuminating Book to know about various Tax Avoidance schemes carried out by Taxpayers. Tag: Smarak Swain author of Loophole Games. I love books. Then there are many other functions that Joint Commissioners have to perform in the discharge of their enforcement roles. Wolters Kluwer Loophole Games A Treatise Tax Smarak Swain. The loopholes that I am most concerned about are, However, capital gains can be set off against any capital loss earned in the year. Treasure Islands (Re-issue): Tax Havens and the Men who Stole the World, Who Cheats and How? In a barbie world! its only IRS that count. No institute book will teach you manipulation technique, there is no point in reading bare act also..This book "loophole games" is extremely best book on tricks used by unscrupulous assessee to evade taxes. I published a bunch of short stories and opinion pieces. Wolters Kluwer India Pvt. Engineering did not. NALSAR faculty were seasoned and had many practical perspectives. We have many verticals in the income tax department. Intelligence related to cross-border transactions is collected and analysed. Shop and get a chance to win exciting cashback rewards every hour. Excerpt from the book ‘Loophole Games: A Treatise on Tax Avoidance Strategies’, by Smarak Swain; (WoltersKluwer, 2019). My ambition behind writing Loophole Games was to narrate tax laws in an interesting and lively way. Based on true stories on: - Profit shifting - base erosion - sham transactions - tax havens - Money laundering. Smarak Swain @ smarak_s. I also supervise a team that undertakes verification of IT returns filed by corporates, businesses, and professionals. If you are Anyway related to CA profession. Business managers and forensic auditors should be aware of how these syndicates perform, so that they can raise red flags on detecting accommodation entries made in accounts on behest of the syndicates. Read more. Lawctopus is for law students, of law students and by law students. … Many individuals and companies artificially generate capital loss by purchasing a token asset from a related party at a high price and selling back the asset to the same related. If you are a good writer, but a bad communicator, you won’t get readers. By Aprajita Karki Blogs, News, Advice, Career Advice, Personal Blogs 0 Comments . Click here to know more. Subsequently, I tolerated through engineering tutelage at IIT Kharagpur. Wolters Kluwer Loophole Games A Treatise Tax Smarak Swain. Prime members enjoy unlimited free, fast delivery on eligible items, video streaming, ad-free music, exclusive access to deals & more. Smarak Swain, the author, tells us more about the journey of this book. Business managers and forensic auditors should be aware of how these syndicates perform, so that they can raise red flags on detecting accommodation entries made in accounts on behest of the syndicates. He has also done Masters in Taxation and Business Laws (MTBL) from NALSAR University, Hyderabad. IndianBureaucracy.com caught up with the author and had an interesting interaction. April 29, 2019. Give as a gift or purchase for a team or group. Read more. 4.6 out of 5 stars 37. A man walks with a rolling briefcase in the central business district in Sydney. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading. He has also discussed The modus operandi of organized syndicates that facilitate tax evasion. Wolters Kluwer India Pvt Ltd (May 5, 2020), Excellent illuminating Book to know about various Tax Avoidance schemes carried out by Taxpayers. You should be good at reading balance sheets and P&L accounts. This item has a maximum order quantity limit. There are infinite clandestine ways of indulging in tax evasion. Smarak Swain (IRS officer) There are myriad means of creative accounting, so many that my book Loophole Games appears starkly incomplete. Since I love what I do, I do not budge. A Practical Guide to Search and Seizure under Income Tax Act. INTERVIEW: Smarak Swain’s Book ‘Loophole Games’ Hopes to Make Tax Law Lively! INTERVIEW: Smarak Swain’s Book ‘Loophole Games’ Hopes to Make Tax Law Lively! No customer signatures are required at the time of delivery. By Aprajita Karki Blogs, News, Advice, Career Advice, Personal Blogs 0 Comments . This is the book for you. Buy LOOPHOLES GAMES: Read Kindle Store Reviews - Amazon.com LOOPHOLES GAMES - Kindle edition by SWAIN, SMARAK. Launched on 27th September, 2010, the website now gets 240,000+ unique visitors and generates 2.5 million (25 lakhs) page-views every month. Your email address will not be published. All abusive tax avoidance structures have been brought together here in a single book. I love books. He has also done Masters in Taxation and Business Laws (MTBL) from NALSAR University, Hyderabad. Delivery Associate will place the order on your doorstep and step back to maintain a 2-meter distance. Based on that, intrusive actions, on-spot verifications, etc are carried out. Loophole Games – A Treatise on Tax Avoidance Strategies, Wolters Kluwer Loophole Games A Treatise Tax Smarak Swain. Does this book contain inappropriate content? Then understand what knowledge or reference material is not available in the market. Hence, the number of techniques at the disposal of an accountant for avoiding taxes is limited (while techniques for Evading tax are infinite).