Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/why-nomination-for-investments-is-important-especially-if-its-held-in-single-name/articleshow/92449896.cms Synopsis Nomination can be indicated at the time of investment. Alternatively, the investor can fill up and submit the nomination form later. Why
Category: Legal
My husband passed away without a will. Will I have a problem transferring joint assets to my name? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/my-husband-passed-away-without-a-will-will-i-have-a-problem-transferring-joint-assets-to-my-name/articleshow/92449619.cms Synopsis Find answers to common estate related queries which most of the people face in their lives. Raj Lakhotia, Founder, Dilsewill answers readers’
Can an IT sector employee be classified as a workman? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/current-affairs/can-an-it-sector-employee-be-classified-as-a-workman-122062300092_1.html A labour court in Chennai recently asked TCS to reinstate a former employee and clear all his past dues. This could become a
*****How to transfer of equity stocks to legal heirs, nominees in case of death – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-to-transfer-of-equity-stocks-to-legal-heirs-nominees-in-case-of-death/articleshow/92288693.cms Synopsis The claimant of securities needs to obtain a transmission form from the depository participant (DP) or download from their website. It needs
*****New Labour Code: Is India Inc ready for recent changes in rules? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/new-labour-code-is-india-inc-ready-for-recent-changes-in-rules/articleshow/92295519.cms 5 things that you should avoid doing in a falling market Synopsis The Reserve Bank of India (RBI) also hiked the repo rate
*Make nomination the third route of succession | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/make-nomination-the-third-route-of-succession-122061200801_1.html Even in an august gathering such as the one at Vigyan Bhavan, the percentage of people who had made their Will would be
*****6 reasons why you should not buy property via Power of Attorney – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/6-reasons-why-you-should-not-buy-property-via-power-of-attorney/articleshow/92072869.cms Synopsis Governed under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a
*****Govt releases fresh draft note on regulating social media – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/social-media/govt-releases-fresh-draft-note-on-regulating-social-media/article65501602.ece Will not impact growth of new Indian companies or Startups: MeitY The Centre on Monday has released a fresh draft notification seeking comments
All transfers are not sales – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/all-transfers-not-sales/article65488684.ece A finance company, when it transfers to itself shares offered as security for a loan by the borrower, only becomes ‘beneficial owner’ of
Confusion about bank guarantees settled – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/confusion-about-bank-guarantees-settled/article65488759.ece Under Section 28 of the Indian Contract Act, 1872 , a clause in the contract that limits the time within which a party’s
*Arbitral tribunal India: Arbitral tribunal cannot rewrite contract between parties: Delhi HC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/arbitral-tribunal-cannot-rewrite-contract-between-parties-delhi-hc/articleshow/91872488.cms Synopsis The court allowed the plea by the railway ministry, represented by senior panel counsel Deepak Jain, and stated that the decision of
*****Gujarat High Court rejigs land valuation for levy of GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/gujarat-high-court-rejigs-land-valuation-for-levy-of-gst/article65413891.ece In many cases, GST is unduly levied Ever since the rate of GST applicable for real estate sector was revamped from April 1,
*****Hosting third-party content: Social media firms to face higher legal risks | The Financial Express
lipped from: https://www.financialexpress.com/industry/technology/hosting-third-party-content-social-media-firms-to-face-higher-legal-risks/2519583/ New law set to increase accountability A new law – Digital India Act – is in the works, which would incorporate all aspects
*Protection card – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/protection-card/article65394118.ece Close up female hand holds levitating template mockup Bank credit card with online service isolated on green background. High quality photo istock photo
*****Supreme Court holds income tax re-assessment order issued under Section 148 as valid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/supreme-court-holds-income-tax-re-assessment-order-issued-under-section-148-as-valid/article65380963.ece Earlier, the Allahabad, Delhi and Rajasthan High Courts had quashed the notices The Supreme Court on Wednesday ruled in favour of the Income
*****Reopening u/s 148 permissible in case of receipt of huge cash deposit vis-à-vis non-filing of ROI
Clipped from: https://taxguru.in/income-tax/reopening-u-s-148-permissible-case-receipt-huge-cash-deposit-vis-a-vis-non-filing-roi.html?utm_source=feedburner&utm_medium=email Vanditbhai Rajendrakumar Patel Vs ITO (ITAT Ahmedabad) Facts- The brief facts of the case were that as per AIR information, the Ld. Assessing Officer
*Section 148 Notice after expiry of 4 years on facts already available before AO, is bad in law–Taxguru
Clipped from: https://taxguru.in/corporate-law/section-148-notice-expiry-4-years-facts-ao-bad-law.html?utm_source=feedburner&utm_medium=email Peerless Hospitex Hospital and Research Center Limited Vs PCIT (Calcutta High Court) Facts- It is the case of the petitioner that it is a
*****Prevention of money laundering Vs principles of free & fair trial – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/prevention-of-money-laundering-vs-principles-of-free-fair-trial/article65372605.ece Proceedings that have severe implications for the accused a a norm should come with a minimum degree of transparency; critics argue that PMLA
*Can the Rent Paid to Parents or Spouses be Eligible for HRA Exemption under the Income Tax Act?-TAXSCAN
Read More: https://www.taxscan.in/can-the-rent-paid-to-parents-or-spouses-be-eligible-for-hra-exemption-under-the-income-tax-act/170707/ Clipped from: https://www.taxscan.in/can-the-rent-paid-to-parents-or-spouses-be-eligible-for-hra-exemption-under-the-income-tax-act/170707/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=HRA Top Stories By Aleena Elizabeth – On April 26, 2022 8:48 pm Whether Paying Rent to Parents or Spouses to be considered a Tax
*Digital Data recovered during Search has Evidentiary Value, can be relied on to Make Addition: ITAT-TAXSCAN
Clipped from: https://www.taxscan.in/digital-data-recovered-during-search-has-evidentiary-value-can-be-relied-on-to-make-addition-itat/170723/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Digital%20Data Top Stories By Rasheela Basheer – On April 26, 2022 5:04 pm The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the
