The COVID-19 epidemic which has affected almost entire world has been declared as ‘Pandemic’ by the World Health Organization (WHO). The effect of Covid-19 is so severe that almost entire world is now facing lockdown and everywhere it is encouraged to stay at home and avoid travelling and social distancing is the only known way […]
What is admissible evidence? The admissible evidence is any report, declaration, or substantial proof utilized in an official courtroom. The evidence is commonly acquainted with an appointed authority or a jury to demonstrate a point or component for a situation. Criminal Law: In criminal law, the proof is utilized to demonstrate a respondent’s blame past a sensible uncertainty. Civil-Law: in civil […]
Any amount paid to Director which is in the nature of employment contract is not liable for payment of GST, whereas any amount paid to Directors who are not on the payroll of the company will be liable for Reverse Charge Mechanism.
A website policy is an announcement or an authoritative report that uncovers a few or all the manners in which a gathering accumulates, utilizes, unveils, and deals with a client or customer’s information. It satisfies a lawful necessity to secure a guest’s or your customer’s protection. Kinds of website policy: 1. Acceptable use policy A worthy use […]
1. Transfer of Development Rights means the owner of land allows promoter ( builder ) to develop the land and construct apartments in his land. This is different from Transferable Development Rights. In case of Transferable Development Rights, Government (local authority) gives an instrument to land owner (for surrender of his right) to either use […]
As all of us are aware that the nation is under lockdown due to Covid 19. The financial year ending tasks are still not done. It is advisable to to do the following tasks and keep the suitable documentary evidences ready as soon as the lockdown is lifted and the businesses get back to their […]
Extension of Due Date of Compliance of Disclosures Under Regulation 30(1), 30(2) of SEBI (Substantial Acquisition of Shares And Takeovers) Regulations, 2011 SEBI vide its Circular No.: SEBI/HO/CFD/DCR1/CIR/P/2020/49 dated 27th March, 2020 has granted Relaxation from compliance with certain provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 due to the COVID-19 […]
The Income Tax Act makes a distinction between Trusts for charitable purposes and those for religious purposes, though both are entitled to exemption under section 11 of the Act. The creation of religious charitable trusts is governed by the personal laws of the religion. The administration of these religious trusts can either be left to […]
Further clarification on extended date as per Circular No.136/06/2020-GST, dated 03.04.2020 Circular No.136/06/2020-GST, dated 03.04.2020 had been issued to clarify doubts regarding relief measures taken by the Government for facilitating taxpayers in meeting the compliance requirements under various provisions of the Central Goods and Services Tax Act, 2017. Although some issues were doubtful which has […]
The Indian Constitution has given power to President of India to impose emergency in certain situations. The constitution also provided the situations in which emergency can be imposed. The Chapter XVIII (Article 360) of constitution deals with emergency situations and provides exceptional rights to central government/president to invoke certain provisions of constitution to control exceptional […]
