Issue Whether the property situated at Abid Road, Hyderabad, standing in the name of the wife of late Shri A.K Babu Khan can be included in the assessment of late Shri A.K. Babu Khan, which was given away by him to his wife in satisfaction of dower (Meher) debt in the year 1928?” Held No… Read More »
Issue Whether the trust created by the assessee for the benefit of his minor daughter in obedience to the terms of decree of divorce passed against him under the provisions of Parsis Marriage & Divorce Act, 1936, in a suit brought against him by his wife, was for adequate consideration and, therefore, would not fall within the scope of section… Read More »
Issue The petitioner and respondent No.2 were earlier married. They have later on opted for divorce. The residential premise of the respondent No.2, ex-husband of the petitioner, came to be searched by the Income Tax Department on or around 25.11.1988. In the above process, certain ornaments and valuables were seized. Such ornaments included gold jewellery… Read More »
Divorce As per Section – 13, Hindu Marriage Act, 1955 13. (1) Any marriage solemnized, whether before or after the commencement of this Act, may, on a petition presented by either the husband or the wife, be dissolved by a decree of divorce on the ground that the other party— 4[(i) has, after the solemnization… Read More »
Date : Feb 08, 2016 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the following four non-banking financial companies (NBFCs) in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934. Sr. No. Company’s Name Address of Registered Office Certificate of… Read More »
Source : Institute of Chartered Accountants of India Announcement Manner of Signing of Certificates by Chartered Accountants 1 The Council of the Institute of Chartered Accountants of India (ICAI), at its 349th meeting held on 17th and 18th January, 2016 considered an issue relating to manner of signing of certificates by Chartered Accountants. The Council… Read More »
Held In my considered opinion, corruption can be beaten if all work together. To eradicate the cancer of corruption – the “hydra-headed monster”, it is now a high time for the citizens to come together to tell their Governments that they have had enough. That is this miasma of corruption. If the same continues, taxpayers’… Read More »
Facts of the case the respondent is in the business of purchase and sale of Hyundai cars manufactured by Hyundai Motors Limited, Chennai. As a dealer of said cars, both at Kozhikode (Calicut), Kerala where their head office is located and also at Mahe within the Union Territory of Pondicherry where they have a branch… Read More »
Results 12th South Asian Games India opened its account with Gold that too by women. Indian woman cyclist claimed the first Gold medal in the 30m Individual Time Trial cycling event. Bidyaluxmi Tourangbam claimed the first Gold for the country by winning the cycling race. The 2nd place also went to the Indian eve, Chaoba… Read More »
If section 172 deals with shipping business of non-residents and contains a non-obstante clause and applies for the purpose of the levy and recovery of tax in the case of any ship, belonging to or chartered by a non-resident which carries passengers etc. shipping at a port in India, then, is there any obligation to… Read More »