Articles by FCS Deepak Pratap Singh

Holding Company Grant to Subsidiary: Revenue or Capital?

Posted by FCS Deepak Pratap Singh 01 November 2021 2736 Views

Discover if a grant from a holding company to its subsidiary to cover losses is treated as revenue or capital. Understand the tax implications.

Unregistered Charge? Don't Lose Secured Creditor Status

Posted by FCS Deepak Pratap Singh 01 November 2021 3249 Views

Learn why failing to register a charge with the ROC can mean you're not a secured creditor. Understand the implications for your financial claims.

Deductible Business Expenses: Penalties & Fines Under IT Act

Posted by FCS Deepak Pratap Singh 26 October 2021 8663 Views

Discover if penalties, fines, or penal interest are deductible business expenses under Section 37(1) of the Income Tax Act, 1961. Learn the key distinctions.

Works Contracts for Indian Highways: GST Explained

Posted by FCS Deepak Pratap Singh 26 October 2021 6522 Views

Understand the GST implications of works contracts for Indian roads and highways. Learn about BOT, OMT, Hybrid Annuity models and tax exemptions.

Rental Income: Not Always 'House Property' Income

Posted by FCS Deepak Pratap Singh 26 October 2021 6166 Views

Discover when rental income from properties is classified as business income, not 'Income from House Property'. Learn the key distinctions.

Officer in Default: Understanding Director Liability in India

Posted by FCS Deepak Pratap Singh 26 October 2021 20854 Views

Understand the meaning of 'Officer' and 'Officer in Default' under India's Companies Act, 2013. Learn about director duties and liabilities.

Taxable as Individual & Karta After HUF Separation?

Posted by FCS Deepak Pratap Singh 26 October 2021 1338 Views

Discover if you can be taxed as both an individual and Karta of an HUF after separation. Understand the legal implications and taxability in this scenario.