Articles [Law & Legal]

  After the registration application is submitted the same is scrutinized by the Assistant Commissioner or the Deputy Commissioner and a Registration Certificate is issued within 7 working days with a registration number which is based 15 digit...

  India is a full-fledged member of the World Trade Organization and being a responsible member enjoys the rights and bound by certain obligations. In the multi-lateral trading system which the WTO has established the rights and obligations have...

  There are two types of receipts in Income Tax. They are Capital Receipts and Revenue Receipts. It is very difficult to make the distinction between these two kinds of receipts. However, the following rules may be applied in making the...

A Tax is a compulsory exaction of money by public authority for public purpose enforceable by law and is not payment for services rendered. Objective of Taxation : The following are the objectives of Taxation. They are :- 1. Prevention of...

  Law rules all human activities The significance of law lies in the fact that there is no part of human activities- family, social, business, road, religion, property- outside the boundary of law. Everyone has a vague idea of what is right or...

"Election" maens choosing of one right between two rights, when there is clear intention that both the rights cannot be enjoyed but only one. Section 35 of the Transfer of the Property Act defines the "Doctrine of Election".The "Doctrine of...

  Conditional Trasnfers of the Transfer of the Property  Act explains under the Section 25 to 34. Every Person compentent to contract can transfer a property either absolutely or conditionally.Such conditions may be either "Conditions Precedent...

  As you earn money it gives you enormous pleasure. A pleasure of a different kind altogether. It gives a tremendous sense of satisfaction and personal worth. One needs money which acts as stimulus and motivation for all our earthly activities....

Rights and Liabilities of the lessor: 1. the lessor is bound to disclose all material defects in the property to the lessee.he must also disclose all the known latent defects in the property to the lessee.However,he need not disclose the...

                    In India we always regreat that we are indian and almost 90 % Goverment worker wan'ts bribe to do any work. We think that in Goverment Hospital, Ofices, Political Office, Registrar Office, Municipal Corp. etc wants bribe to do...