Articles by FCS Deepak Pratap Singh

Angel investors and concept of angel taxation under IT Act 1961

FCS Deepak Pratap Singh 11 May 2022 at 09:05

An angel investor (also known as a private investor, seed investor or angel funder) is a high-net-worth individual who provides financial backing for small start-ups or entrepreneurs, typically in exchange for ownership equity in the company.

Permission under FEMA is required to offer securities to companies of neighbouring countries

FCS Deepak Pratap Singh 10 May 2022 at 09:11

Permission under FEMA is required to offer securities to companies of neighboring countries or countries sharing borders with India

The concept of revaluation reserves in insurance companies

FCS Deepak Pratap Singh 02 May 2022 at 12:03

Revaluation fund is the accounting term utilised when a business establishes a line item on the balance sheet for the purpose of maintaining a contingency account connected to other assets. A line item will be used when a re-evaluation appraisal shows that the carrying value of the asset has changed.

Effect of COVID-19 pandemic on insurance industry

FCS Deepak Pratap Singh 30 April 2022 at 08:55

The COVID-19 pandemic effected Indian Insurance Industry positively. The Pandemic has created awareness among common Indians and they realise the importance of insurance at least health insurance in their lives.

Some decisions of various courts, tribunals related to various sections of IT Act 1961

FCS Deepak Pratap Singh 29 April 2022 at 09:07

Decisions of various courts, tribunal related to various sections of IT Act 1961

Insurance company must communicate details of insurance policy to the beneficiaries of insurance

FCS Deepak Pratap Singh 28 April 2022 at 08:46

It is duty of insurance company to communicate details of terms and conditions of insurance policy to the beneficiaries of insurance.

Amendments through SEBI (LODR) (Fourth Amendment) Regulations, 2021 & 22

FCS Deepak Pratap Singh 27 April 2022 at 08:34

In this article, we are going to discuss main amendments in SEBI (LODR) (Fourth Amendments) Regulations, 2021 & 22.

Some facts to be kept in mind while tax planning for FY 2022-23

FCS Deepak Pratap Singh 27 April 2022 at 08:34

For the central government employees, the government was already contributing 14% of employee's wages towards employee's NPS account. Starting this FY, state government employees will receive a 14% contribution into their NPS account from their respective state governments.

Discharge of agreement and its effect on arbitration clause

FCS Deepak Pratap Singh 25 April 2022 at 08:50

The discharge of a contract is characterised as the end of an agreement or an arrangement made by a couple of parties, which results in the failure in performing or playing out the obligations referenced at the hour of making a contract with the acknowledgment of all the parties with free consent.

Labelling a Cheque as a Security Does not Obivate its Character

FCS Deepak Pratap Singh 23 April 2022 at 16:12

THE APEX COURT in its recent decision in held that merely labelling a cheque as a security would not obviate its character as an instrument designed to meet a legally enforceable debt or liability.