Category: Editorial

Exemption on Agricultural Income

Exemption on Agricultural Income INTRODUCTION Agricultural income in India is categorised as a valid source of income and basically includes income from sources that comprise agricultural land, buildings on or related to an agricultural land and commercial produce from an agricultural land. This income is considered for rate purposes while calculating the income tax liability of an

Principles Of Natural Justice

Introduction to Principles Of Natural Justice “Natural Justice” is an expression of English common law which signifies certain fundamental rules of judicial procedure. The Principles Of Natural Justice is those fundamental rules, the breach of which will prevent justice from being seen to be done. These rules don’t require that the proceedings of an administrative court must be conducted

Judicial Review

Introduction Judicial authority is the authority of the courts to declare laws or actions of government officials unconstitutional. To safeguard the liberty and rights of individuals, the judicial review is recognized as necessary and a basic requirement for construction up of a novel civilization. The powers of judicial review are vested significantly by means of

Fixation Of Minimum Wage Project

Introduction The Minimum Wages Act, 1948 is an Act of Parliament concerning Indian labour law that sets the minimum wages that must be paid to the skilled and unskilled labours. The Indian Constitution has defined a ‘living wage’ that is the level of income for a worker which will ensure a basic standards of living

INDIAN LAWS And RIGHTS You Must Know

15 rights every Indian should know. Laws That Indians must know||Laws that Indians don’t know||Basic Indian Laws. We have tried to cover most important branches of law. INDIAN LAWS and RIGHTS you Must Know.   1. If your cylinder explodes you are entitled for Rs. 40 lakh cover! A significant number of us are unconscious

APPLICATION OF REAL ESTATE PROJECT

APPLICATION OF REAL ESTATE PROJECT Section 4 of Real Estate (Regulation and Development) Act, 2016 deals with the application for registration of real estate projects. According to section 4, every promoter shall make an application to the Authority for registration of the real estate project in Form ‘A’ in triplicate with applicable registration fee. The

SALE OF IMMOVABLE PROPERTY OF COMPANY BY DIRECTOR

Remedies Available to Directors/Share holders and Company in Sale of Immovable Property of Company by Director SALE OF IMMOVABLE PROPERTY   Any sale of company property by a director who goes beyond his fiduciary capacity and sells company property to make personal gains at the cost of the company is an act of oppression and