Revenue Rule, does it still hold good ground?
- News|Blog|International Tax|
- < 1 minute
- By Taxmann
- |
- Last Updated on 15 November, 2021
Latest from Taxmann
Dakshesh Kapur – [2021] 132 taxmann.com 84 (Article)
The revenue rule stems from a universally accepted rule described by Dicey that the courts of one State will not enforce the penal, revenue or other public laws of a foreign State. At the heart of it, the rule seems to be simple to understand, despite its simplicity it raises various questions regarding its application. Terms like revenue laws are often undefined which lead to ambiguity regarding the application of this rule.
The term revenue law has not been defined but always includes “a rule requiring a non-contractual payment of money or kind in favour of the central or local government.” This definition broadly gets under its ambit rules which impose various taxes, duties owed to a State.
Click Here To Read The Full Article
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
