Articles by FCS Deepak Pratap Singh

Case Study: Portability of Insurance Policies

FCS Deepak Pratap Singh 25 January 2023 at 10:03

Portability is a facility of right provided to a policyholder in case of health insurance policies to move from one insurer to another insurer to their choice or from one policy to another policy with the same insurer.

Holder in Due Course - Negotiable Instruments Act, 1881

FCS Deepak Pratap Singh 18 January 2023 at 14:25

A holder is a person who legally obtains the negotiable instrument, with his name entitled on it, to receive the payment from the parties liable.

Taxation Of Gifts - Income Tax Act, 1961

FCS Deepak Pratap Singh 09 January 2023 at 12:39

Taxability of gift received by any person, i.e., sum of money or property received without consideration or a case in which the property is acquired for inadequate consideration.

Conditions of revocation of declared dividend

FCS Deepak Pratap Singh 07 January 2023 at 10:35

As you are aware that "Dividend" is a return on investment made by shareholders in a Capital of a Company and it is different from return on borrowed Capital as interest. A dividend is share of profit to the shareholders of a company ,in which he/she /it has invested.

Salient features of Motor Vehicle Amendment Act, 2019

FCS Deepak Pratap Singh 05 January 2023 at 08:55

The Motor Vehicle Amendment Act, 2019 ("Act") came into force on 1st September 2019. The Amendment Act replaced the Motor Vehicles Act, 1988.

Some facts related to Pradhan Mantri Fasal Bima Yojana (PMFBY)

FCS Deepak Pratap Singh 03 January 2023 at 08:56

In this article, we discuss some facts related to PRADHAN MANTRI FASAL BIMA YOJANA

Case Study on GST Act 2017

FCS Deepak Pratap Singh 16 December 2022 at 08:56

A Contractor is about to transfer Capital Assets, Tools and Spares from one of his sites at Maharashtra to another site at Gujarat and wants to understand GST applicability in this case.

Limit of liability under comprehensive insurance policy

FCS Deepak Pratap Singh 15 December 2022 at 08:50

As you are aware that there are various types of Motor Insurance Policies are available in the market. These policies provide different types of benefits based on coverage and riders opted by the insured.

Supreme court puts an end to large tax evasion through partnership firms

FCS Deepak Pratap Singh 03 December 2022 at 16:45

This ruling of SC will have a far-reaching effect, which has changed perception of using Partnership Firm to evade taxes. The SC has considered revaluation of the assets of a Partnership Firm is an event deemed to transfer of assets to the partners and hence taxable in the hand of firm.

The Concept Of Negligent Entrustment & Dangerous Instrumentality

FCS Deepak Pratap Singh 26 November 2022 at 10:23

As you are aware that a claim for Negligent Entrustment arises when one party is held liable for negligently giving someone else a "Dangerous Instrumentality" with which that person causes injury to a third party.