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8th Oct, 2013
The income accrues when there “arises a corresponding liability of the other party from whom the income becomes due to pay that amount
7th Oct, 2013
When borrower and the creditor choose to reduce a contract in writing as the sole evidence of terms between them, It since becoming integral part of the transaction, shall require registration under Section 17 of […]
7th Oct, 2013
Under Section 138 of the Negotiable Instruments Act, 1881, while dealing with the offence of dishonor of cheque, recovery of the amount payable under the instrument, power to levy fine is restricted to twice the […]
30th Sep, 2013
In matters relating to issuance, trading and conversion of Global Depositories Receipts (GDRs), the jurisdiction rest with the RBI and/or the Ministry of Finance
26th Sep, 2013
A Consumer Court has no jurisdiction to entertain complaint seeking specific performance of agreement. The jurisdiction rest with the Civil Court only.
26th Sep, 2013
Books of Accounts is not considered as a conclusive evidence to determine liability to rule out any attempt to manipulate to fix liability on someone else due to any element of self-interest and partisanship
12th Sep, 2013
Debt Recovery Tribunal(s) are constituted to ensure expeditious disposal of controversies/ issues between the banks and borrowers in the larger public interest.
11th Sep, 2013
A question arose before the Apex Court as to whether the property mortgaged to a Bank by shareholder of a Company can be attached and sold in execution of a decree obtained by Bank
10th Sep, 2013
A new ground of divorce has been added to the existing list of grounds for dissolution of marriage
3rd Sep, 2013
Receipt by way of transfer fee and Transfer of development rights (TDR) premium by a Housing Cooperative Society from its members whether can be claimed as tax-exempt on the ground of mutuality or not?
3rd Sep, 2013
Difference between direction for investigation and further investigation under Competition Act, 2002
If Law does not permit service of notice while directing investigation by Director General under Competition Act, a need of notice cannot be pressed at the stage warranting further investigation
27th Aug, 2013
What is the nature of enquiry within the meaning of Section 133(6) of the Income Tax Act, 1961 was the question that arose for consideration before the Apex Court.