Articles by FCS Deepak Pratap Singh

Concept of Rupee Denominated Bonds (Masala Bonds)

FCS Deepak Pratap Singh 11 January 2022 at 10:45

The RBI after consultation with the Department of Economic Affairs, Ministry of Finance, Government of India has come out with the concept of Rupee Denominated Bonds, generally known as "MASALA BONDS" in the overseas market. These bonds are utilized as a tool by eligible Indian entities to raise funds from overseas.

Definition of Carpet Area under RERA 2016

FCS Deepak Pratap Singh 10 January 2022 at 08:44

Real Estate Sector before introduction of RERA,2016 was one of the most unregulated sector in the country. We know that the Real Estate Sector is contributing around 6.5 to 7% of the GDP of India.

Features of Marine Insurance

FCS Deepak Pratap Singh 09 January 2022 at 07:59

The Marine Insurance act, 1963, is designed to regulate the transactions of marine insurance businesses of hull, cargo and freight.

Persons entitled to payment under an insurance policy

FCS Deepak Pratap Singh 08 January 2022 at 09:29

The insurance provides us short range as well as long range relief. The short-term relief is aimed at protecting the assured from loss of property and life. The long-term object being industrial and economical growth of country and the society.

Relief under double taxation avoidance agreement

FCS Deepak Pratap Singh 06 January 2022 at 08:43

The Income Tax Act, 1961 provides for taxation of a certain income earned in India by Mr. X a non-resident. The DTAA, which applied to Mr. X provides for taxation of such income in the country of his residence. Examine, is Mr. X is liable to pay tax on such income earned by him in India?.

Transfer of property for less than stamp duty value - Some implications

FCS Deepak Pratap Singh 05 January 2022 at 10:45

Sections Involved: 43CA, 50C & 56(2)(x) of Income Tax Act, 1961. Sale /Transfer of land or building on consideration less than Stamp Duty Value

Writ jurisdiction of high court against repudiation of life insurance claim

FCS Deepak Pratap Singh 03 January 2022 at 08:33

The Hight Courts and the Apex Court of India has given vide power of supervisory role and to hear and decide cases based on some specific criteria. These courts generally do not interfere the normal proceedings of Quasi-Judicial Authorities and Tribunals or other forums.