Sunday, June 29, 2014



MUSINGS >>>>>>

Sept 22

 Spiritual Thoughts ? Not really !

For anyone of those rarest of rare human beings walking the earth in our times, nonetheless who soulfully cares to, - find time, however small or occasionally  it be, and  more importantly,  sometimes  or at least once in a way, BEING INSPIRED, introspect’-  Find the RECIPE HERE
A Host of Truly thought Provoking Articles, for striving and accomplishing “personal excellence” in its profound sense.And in turn, to give a hand for the betterment of the life on earth for the rest of the humanity !

Aug 3 ‘14

Sub : Education, knowledge, literate x ill- or semi- - having crossed half the well
Location - school
Time – External Inspection (an annual ritual)

Present – class teacher (ct), pupils (s) – (p), and visiting inspector (VI)
VI enters- all ina chorus, including CT- good morning sir
VI – good morning , all be seated
VI- i hear that you are the best CT in the school, with the best Ps !
Thank you sir
OK, shall i begin, tell me who is the most intelligent of all of your Ps
CT – Oh yes, eyeque (eq)– stand up
VI- eq, tell me i will ask you some short questions, give me your brief answers-
When a ball is thrown upwards, why it comes down to earth
Sir, as there is none to catch it over there
CT you will be interested to know that eq is the leader of our school cricket team
Oh, is that so eq, tell me!
Difference between lightning and lightning bug?
Of course, the two are different sir, May i write on the black board , to demonstrate?
Writes, says- sir one has only one word , unlike the other which has two
Both VI and CT in one voice – wah ! wah !!  how excellent !!!
Do you know that diamond has in its genes coal –to make it simple, it is coal that gets transformed into diamond over the ages , know
NO Sir
Anyway, that is the truth, now tell me, across the road you have a diamond merchant, how will you call him
Of course, a coal merchant
Is that so ! thought you would say, diamond merchant
Sir, think mine is the RIGHT answer* !
Have you heard  of Darwin’s theory - man has in his genes / born out of an ape, Gorilla ?
Yes, Yes , Sir !
Now tell me,  how will you call your CT ?
CT ?????
VI – ExitS,  expressing his unqualified appreciation of  both CT and his P (eq) !!!!

* WHO KNOWS, one day he may happen to jump into the bandwagon already packed with renowned philosophers, so widely acknowledged !!!!! 

< to EDIT

Cross Refer:
<coal x diamond
ICL (csr)

CSR in Government Companies


 HC prohibits Non advocates from appearing before VAT Authorities


Getting the best out of consultants


If I were a dictator, I would introduce Gita in Class I: Supreme Court judge

In a jugular vein >

Angrezi hatao | Times of India Blogs

Makes for a really interesting read, soaked in nostalgia; no wonder, even the last generation in order, cannot restrain self at least once in a way, provided gets a patient listener , to talk of and ruminate over those 'good old days' - when to live on earth a real peaceful and happy life was regarded the greatest favor human was blessed with. Musing for a while, in a jugular vein, that bears on its sleeves why none had to even think of much less underline, why- 'citizen matters' . No denying, OLD is gold; but today, with that .valued "G" being conspicuous by its absence.

vswaminathan said...

"Being anxious is the new normal"

As differently said,-
Dr.     ; Why you look so sad, and worried?
Patient  : it is your prescription DR. for me to be relieved of 'worries'.


That was quite effective; with all my worries evaporated !

Then, why..?

Dr. Now my worry is different- , why i am no more worried on anything; a sort of come-what-may disposition!!


 RBI Reforms on Investment Instruments and Pricing

A very fundamental of all fundamental genuine doubts any such reported development of its kind, taking place almost  perennially, on a day-in-day-out basis, likely to arise in anyone's mind is THIS > Why any such idea or attendant step being conceived of and brought about by any authority, requiring to be followed, especially in exercise of its regulatory or semi-regulatory powers, can rightly or virtuously be regarded and named 'REFORM'? In short,  is there not need for allowing at least 'breathing time' between one and the immediately succeeding one , so as to get to know and  apprise, more so, expect to have the first one , firstly to be reached and percolate, secondly but not lastly to yield any result, as desired ?

Pithily stated, the point for an incisive consideration is . - will not , any action resorted to by scrupulously sticking / hanging on to the concept of 'updating' turn out to be meaningless, in that the intended objective might never happen to be accomplished ?


 Removal of Cost Audit and Methods Would Catastrophic For Indian Economy

Read On >

-Mutually at variant or otherwise
Option to register under SRA, instead of TNCSRA
What SRA says- scope threunder
Instances of buyers creating a Trust , Also registering it under the Public Trust Act ?
HC case denying exemption u/s 12
TN or MAHA /KAR BETTER- in case of issue/dispute legal recourse – civil or???

-Law v Case law –ref published Articles (A Critique) Need for a self-critique
Podar Case-
Points made-
faulty interpretation of law;
mainly in relying on    ‘UC’ and giving retrospective effect;
faulty clubbing of two sets of cases wuth varying factual matrix – Also varying kinds of issues – one admitting taxability but only on under what head, another not taxable at all
On the latter issue could have been settled even otherwise in Revenue’s favour, but for different reasoning- ‘income’/’receipt’  admitted but still exemption claimed
On the former- source is property, it is house property under common law, applying principles of natural justice, yes- income from hose property

<> LAW IS AN 'ASS'- why say so? Differing views- one view in Hand Book
-Can carry any load without groaning or whimpering, in contrast to human body- that explains the volume and volumes of case law;
Only power to interpret, not to rewrite. Or impose own opinion
Except in extreme situations, doing violence permitted;
Interpret having in mind the stated objective – even so, is not any view turning to be eventually objective, given the human nature of...
Public Trust Act- applicable to???;

-Charitable Pubic Trust Act- Charitable commissioner – powers? also to settle/ adjudicate issues ??
Left only with civil action
Is that not so, ultimately, in any even if parties disagree???
-Compare Law and Case Law on ‘Arbitration’-
ICL Blogs –ref. Comments posted
Functioning democracy (or autocracy?)

Foot Note:
Latest from LCI  
LCI Article Activity Report

28 February 2014
Published Date
25 February 2014
Published Date
Refer ALL Related Blogs herein >>

IT Act-a glaring conundrum ? >
illegal vs even so, tax
but, if illegal i.e. an, offense,no deduction (Expln. u/s sec 37 (1))

Ref. Related Articles (Taxman)