The Justice Process In RERA Section 31, 43(5), 58 And Article 32,136 226 Of The Constitution Of India & Comparison Of RERA Vs Consumer Protection Act 2019 Vs IBC, and What Person Should Know Before Initiating A Litigation?
It is well settled that the Real Estate (Regulation and Development) Act, 2016 requires mandatory compliance from promoter towards real estate project registration and also sepcifies the revocation of registration if his activity found in contravention to the provisions of the same. If the situation so arise the question may come as to what will happened to the ongoing real estate project and individuals having interest in it.
Where the coaching services provider supplies services of coaching to students which also includes along with coaching, supply of goods/printed material/test papers, uniform, bags and other goods to students. Such supplies are not charged separately but a consolidated amount is charged, the major component of which is imparting of coaching. In such circumstances, whether such supply shall be considered, a supply of goods or a supply of services?
The Indian government in Budget 2012-13, amended the Income Tax Act, 1961 to retrospectively tax cross-border transactions in which the underlying assets are located in India by which all persons, whether resident or non-residents, having a business connection in India, were required to deduct tax at source, even if the transaction was executed on a foreign soil.
Valuation is based on the relation between demand and supply as a basic principle. It had been explained in simpler terms by the great Indian Guru and thinker, CHANAKYA long ago, that Value is a measure of yield.
Time and again, the income tax authorities are faced with the issue of determining whether a particular receipt is capital in nature and hence exempt from taxation or is a revenue receipt and hence, taxable. This quagmire is attributable to the fact that the Income Tax Act does not stipulate any definition of the term […]
Accredited Investors SEBI has notified and classified a new class of investors as Accredited Investors thereby raising of funds and investment in the various products may be expected to go up with lesser regulatory restrictions. SEBI earlier had issued consultation paper on the concept of Accredited Investors in the month of February, the concept is […]
What is LLP in Actual? LLP is a Limited Liability Partnership is a corporate business platform that provides the benefits of limited liability of a company to its members and also allows them to manage their internal management based on the mutually arrived agreement as in the case of a partnership firm. A corporate business […]
Many individuals want to start a new business or retain the existing business in the market but they don’t know about their venture and its risks. The entrepreneur needs to get a clear knowledge about taxation matters before he decides to maintain. Clarity about the taxation matters for the business is a must. Otherwise, they […]
Applicant has sought an advance ruling on the issue whether he is entitled for GST Input Tax Credit (ITC) already claimed by him on the invoices raised by M/S. Gayatri Projects Ltd. for the period of January to March, 2020 for which M/S. Gayatri Projects Ltd. (Supplier) has belatedly paid the tax charged in respect of such supply to the Government.
