According to RBI study, the state of economy is overall strong with upbeat consumer and business confidence and upticks in several indicators – GST collection, export growth etc. However, the rising inflation is a reason to worry. Even the Indian corporate sector is also optimistic and positive on economic growth in medium to long term. […]
FCI OEN Connectors Limited Vs Union of India (Karnataka High Court) The limited point that arises for consideration is, whether the respondents were justified in encashing the bank guarantee and invoking the continuity bonds before expiry of the statutory appeal period of 60 days from the date of the order dated 10.03.2021. As rightly contended […]
Halal is a term from the Quran that means ‘permitted’ or ‘lawful’. Therefore, in relation to food, Halal is used for food and other consumables that are permissible for consumption and used by Muslims, based on Islamic law, the Shariah. Halal promotes cleanliness in all aspects of a person and halal foods ensure that food consumed by a person in their daily lives are clean, hygienic and not detrimental to their health or well-being.
Recording of statement is the most vital component of investigation and under Section 161 of Code of Criminal Procedure 1973 prescribe power to the Police to record the statement whereas the provisions of the Indian Evidence Act, 1872 provides safeguard regarding recording of confessional statements of the accused. The Constitution of India under Article 20(3) provides protection from compelling anyone to make statements which are self-incriminatory in nature.
Section 80GGB & Section 80GGC: – Deduction in respect of contributions given to political parties. Bare Act Section 80GGB – Contribution done by an Indian Company – Political Contribution In computing the total income of an assessee, being an Indian company, there shall be deducted any sum contributed by it, in the previous year to […]