Articles by FCS Deepak Pratap Singh

Analysis of rule of marshalling and contribution

FCS Deepak Pratap Singh 17 August 2022 at 09:55

It is important to point out here that Marshalling is applicable in situation where debt can be satisfied out of other properties.

Compensation payable in case of death of a child in an accident

FCS Deepak Pratap Singh 17 August 2022 at 08:44

It can be concluded that it order to determine the amount of compensation in particular case, the Court have to look into facts and circumstances of the case. The pecuniary amount can be determined easily but determination of the non pecuniary damages depends upon the facts and circumstances and discretion of the court.

Case Study 10 - Foreign Exchange Management Act, 1999

FCS Deepak Pratap Singh 08 August 2022 at 09:47

Enforcement Directorate under Foreign Exchange Management Act (FEMA) carried out the investigation against the ABC Limited.

Case Study 7 - Income Tax Act 1961 (Gift of Equity Shares)

FCS Deepak Pratap Singh 06 August 2022 at 09:03

Income Tax Act 1961 (Gift of Equity Shares)

Case Study 6 - Service Tax / GST

FCS Deepak Pratap Singh 03 August 2022 at 09:08

In the given case, the department had issued SCN and passed the order in the name of "A" quarry that had taken land on lease for quarry business from the mining department of the state.

Case Study 5 - Transfer of Property Act 1882

FCS Deepak Pratap Singh 02 August 2022 at 08:54

It is a well-established fact that a person cannot transfer to another person more than he has or a person cannot transfer to another person what he does not has at the time of transfer.

Presumption of constructive notice concerning Transfer of Property Act, 1882

FCS Deepak Pratap Singh 30 July 2022 at 08:47

Section 3 of the Transfer of Property Act, 1882 asserts under what circumstances a person is said to have a knowledge of fact or notice. Notice is mentioned in section 39, 40, 41, 53 and 53(A) of the Transfer of Property Act.

Whether services of gardener is considered as perque if provided along with rent free accomodation

FCS Deepak Pratap Singh 15 July 2022 at 20:06

Whether services of a gardener is not considered as a prerequisite when same is provided by the employer along with rent-free accommodation owned by the employee.

Case Study 3: Foreign Exchange Management Act 1999

FCS Deepak Pratap Singh 11 July 2022 at 08:43

One couple purchased house property jointly. After the death of the lady ownership of her part transferred to two children. They sold house property. Long Term Capital Gain arises. But one child who is a resident of US wants to transfer his part in the US. Is it possible?

Case Study 2 - Prevention of Money Laundering Act 2002

FCS Deepak Pratap Singh 08 July 2022 at 08:58

XYZ Limited is a company engaged in real estate and construction business. In order to build a land bank in various parts of India that were likely to see commercial development and anticipating a future upward trend in land prices in various parts India.