Articles by FCS Deepak Pratap Singh

Late Intimation Of Claim Would Not Disentitle A Claimant To File Claim

FCS Deepak Pratap Singh 25 February 2025 at 08:28

As to whether the delay in informing the occurrence of the theft of the vehicle to the insurance company, though the FIR was registered immediately, would disentitle the claimant of the insurance claim.

Forensic Audit and Company Secretaries (CS)

FCS Deepak Pratap Singh 24 February 2025 at 08:41

"Forensic" means using scientific methods/tests to find out about a crime or facts of crime.

Consequences of Submitting Fake Rent Receipts for Claiming HRA

FCS Deepak Pratap Singh 21 February 2025 at 08:30

The Income Tax Department has found various cases of claiming HRA on the basis of fake documents and hence taken firm steps to check tax leakage.

Income Tax Returns: A Crucial Statutory Document for Compensation Calculation

FCS Deepak Pratap Singh 11 February 2025 at 08:41

The ITR (Income Tax Return), which is a statutory document, is required to be considered for the purpose of assessing the income of the deceased, which is inclusive of perquisites and allowances, in the light of judgment rendered by Hon'ble Apex Court in the case of Meenakshi v. Oriental Insurance Co. Ltd.

Old vs. New Tax Regime: Which One is Better for You After Budget 2025?

FCS Deepak Pratap Singh 10 February 2025 at 08:47

The Union Budget 2025 has brought cheers on the face of the middle class and crores of people. Because you need not pay any tax if you are earning an aggregate of Rs. 12 Lakhs or less during financial year on fulfillment of some terms and conditions.

Budget 2025 Analysis - Amendments in GST Act 2017

FCS Deepak Pratap Singh 03 February 2025 at 06:49

The Economic Survey 2024-25 underscores the remarkable progress achieved under the GST regime.

Motor Insurance Frauds: Detection and Control

FCS Deepak Pratap Singh 22 November 2024 at 08:38

As you are aware, insurance companies are considered custodians of the money of their policyholders. A policyholder pays a premium to the insurance company with the hope that, in case of financial loss, the insurance company will indemnify him/her.

ITR is Statutory Document that must be considered while deciding Compensation

FCS Deepak Pratap Singh 18 November 2024 at 05:14

Whether Borrowing From Directors is Related Party Transaction

FCS Deepak Pratap Singh 16 November 2024 at 06:58

The provisions related to Vigil Mechanism is contained in Section 177 (9) and (10) of the Companies Act, 2013 (the Act) read with Rule 7 of the Companies (Meetings of Board and its Powers) Rules, 2014.

Detection and Reporting of Fraud by Secretarial Auditor

FCS Deepak Pratap Singh 15 November 2024 at 06:34

The Auditor shall exercise professional judgment and maintain professional scepticism throughout the planning and performance of the audit to detect and report the fraud envisaged under the provisions of Section 143(12) of the Companies Act, 2013 read with Companies (Audit and Auditors) Rules, 2014.