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Archive: November, 2021

Posts in November, 2021

Remedy to Promoter for units booked/sold after enactment of RERA Act till 30.11.2017?

November 6, 2021 1431 Views 0 comment Print

Whether any remedy available to the Promoter for units booked/sold after enactment of RERA Act till 30.11.2017? Introduction As per RERA Regulations, registration is required to be obtained before advertising, marketing, booking, selling or inviting persons to purchase units of the Proposed or ongoing project. Guj RERA, after the enactment of the Act, had issued […]

Penalty to pay if you are unaware of RERA Registration Provisions?

November 6, 2021 2772 Views 0 comment Print

How much penalty you may have to pay if you are unaware of the Provisions of Applicability of RERA Registration? Introduction Real Regulation and Development Act, 2016 applies to a Promoter if the area of land proposed to be developed does exceed five hundred square meters or the number of apartments proposed to be developed […]

All about Anticipatory Bail under Section 438 of the CPC

November 6, 2021 4953 Views 0 comment Print

Anticipatory bail is often obtained by an individual who anticipates arrest. Hence, anticipatory bail may be a direction to release an individual on bail, even before the person is arrested. Anticipatory bail is applied for under Section 438 of the CPC during this article, we glance at the procedure for obtaining anticipatory bail in India. […]

Flats in DDA Saket Court Residential Complex up for Rent/Sale on MagicBricks

November 6, 2021 3939 Views 0 comment Print

Flats in DDA Saket Court Residential Complex up for Rent as well as Sale on MagicBricks – A Test Case for an action by the State? A search for a property in or near Saket on 24.03.2021 (24 March, 2021) through the use of mobile application of Magicbricks Realty Services Limited (magicbricks.com), brought an unexpected […]

Claim Cannot Denied To Seller of Vehicle Unless Sale Completed and Vehicle Transferred To Buyer

November 6, 2021 5475 Views 0 comment Print

Hon’ble SC held that Claim cannot be denied to the seller of the vehicle on the fact that the vehicle is sold to another person unless the sale is complete and ownership of the vehicle is transferred to buyer.

GST: Refund of Payment of Tax Made Under Wrong Head

November 5, 2021 50433 Views 1 comment Print

Under the GST provisions there is no such mechanism which allows the taxpayer to adjust the tax amount paid under the wrong head with the correct head. For example, in case the taxpayer paid tax under the CGST and SGST but later it was found tax was to be paid under the IGST, then the […]

Income Tax Department conducts searches in Rajasthan

November 5, 2021 843 Views 0 comment Print

The Income Tax Department carried out search and seizure operations in border districts of Rajasthan on 28.10.2021 covering 33 premises at different locations, where the groups are carrying on business of real estate, sand-mining and liquor trade.

Irrespective of Size – Every Enterprise Needs Audit

November 5, 2021 4041 Views 0 comment Print

Science is ‘a systematic enterprise that builds and organizes knowledge in the form of testable explanation and predictions about the universe’. Performing an audit and following the process results in testing and predictions whether the financial statements are free from material misstatement.

How to prepare for exam

November 5, 2021 1353 Views 0 comment Print

So Diwali has got over too and with exams approaching near its high time to get going. I want to discuss a few pertinent points going ahead. First, clear your mind of any confusion regarding  your situation or condition right now. You may be in tough situations right now, comparing your attempts or age with your peers […]

KVAT Act – Amnesty Application does not warrant automatic Dismissal of Appeal

November 5, 2021 2898 Views 0 comment Print

In a first of its kind judgement in Kerala, a Single Bench of the High Court of Kerala presided over by Justice Bechu Kurian Thomas held that applying under an amnesty scheme will not render the appeal filed by an assessee to be deemed to be dismissed.

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