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Mahi Yadav

Latest Posts by Mahi Yadav

Reassessment Under Income Tax Act, 1961 (Pre & Post ‘Ashish Agarwal’)

August 20, 2023 3459 Views 0 comment Print

We will delve into key highlights of Reassessment: Pre and Post Ashish Agarwal Judgement delivered by Supreme Court along with subsequent CBDT Direction 1/2022 (dated 11-05-2022)

Property Restoration under Prevention of Money Laundering Act

June 8, 2023 2346 Views 0 comment Print

A comprehensive analysis of the provisions under the Prevention of Money Laundering Act, 2002 relating to the restoration of attached properties. Explore how the Act balances the powers of the Enforcement Directorate and the rights of third parties.

WAQF Act, 1995 – An Overview & Statutory Bodies

December 26, 2022 3765 Views 0 comment Print

Waqf in India is governed under the Waqf Act of 1995. Although, there is no express mention of waqf in the Quran, it is an Islamic practice that has existed for a very long time.

Provisional Attachment Order Under PMLA Beyond 180 Days

August 25, 2022 6663 Views 0 comment Print

The Prevention of Money Laundering Act, 2002 (hereinafter referred as PMLA) is a legislation to clamp down the money laundering across the country by attachment of property involved in money laundering.

Taxation (Income Tax) On Educational Institutions – Part II

August 3, 2022 6465 Views 0 comment Print

The Income Tax Act 1961 is the legislation governing the implementation of direct taxation in India. The government is conscious of its role and importance as a welfare state and in fulfilling its duty as enumerated in the directive principles of state policy, protection in mode of exemption from income tax has been provided to the educational institutions including universities and colleges.

Taxation (GST) On Educational Institutions – Part I

July 9, 2022 4692 Views 1 comment Print

Understanding the impact of GST on educational institutions. Find out the tax implications and exemptions for education sector in India.

अनुकम्पा नियुक्ति (Compassionate Appointment) और पारिवारिक पेंशन (Family Pension)

June 13, 2022 28680 Views 0 comment Print

नियुक्तियों के लिए विभिन्न विभाग नीतिया बनाते हैं जिसमे मूलतः मृतक कर्मचारी के आश्रित अनुकम्पा नियुक्ति के हक़दार होते हैं। “आश्रितों” में मृतक कर्मचारी की विधवा/विधुर, पुत्र, अविवाहित/ विधवा पुत्री शामिल होते हैं। पुत्र और पुत्री में दत्तक पुत्र और पुत्री भी शामिल हैं । अविवाहित मृतक कर्मचारी के सम्बन्ध में उसके भाई या बहन योग्य होंगे।

Liability of Director Under Negotiable Instruments Act, 1881

May 13, 2022 14259 Views 1 comment Print

The Negotiable Instruments Act, 1881 (hereinafter referred as NI Act) is the safety net for those creditors (deemed or actual) who face difficulties in recovering defaulted amount, on account of debt or any other liability. Section 138 of the NI Act prescribes criminal liability onto such defaulter on account of dishonorment of cheque(s) which includes imprisonment for a maximum period of 2 years or fine upto twice the amount of cheque.

Bank Responsible for Theft in Locker

May 9, 2022 17394 Views 0 comment Print

Learn about a landmark decision holding the bank responsible for locker theft. Discover the compensation paid to victims and RBIs instructions on safe deposit lockers.

Section 138 NI Act Versus Moratorium In IBC

April 20, 2022 16395 Views 2 comments Print

In recent times of increasing economic fraud and cheating, Section 138 of Negotiable Instruments Act, 1881 which prescribe liability of the drawer of cheque in the event the cheque is dishonoured, provides safeguard to holder of cheque. However, due to multiplicity of litigation in various legislations cause delay in disposal of complaints under Section 138 […]

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