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This book extensively [800+ Pages] analyses each section of the Bharatiya Nyaya Sanhita 2023 (BNS), with cross-references to the Indian Penal Code 1860 (IPC). This book follows a structured, integrated, interconnected approach to BNS and stands out for its meticulous dissection and analysis. It offers an in-depth analysis of each provision, focusing on the following: • Legislative Intent – Analyses the purpose and motivation behind each clause to provide clarity on lawmakers' intentions • Legal Procedure Changes – Identifies and discusses the alterations in legal procedures brought about by BNS • Practical Effects – Examines the real-world impact of these legal changes on law enf...
This is a unique publication that deals with the law and specimens of petitions commonly used by tax practitioners in their day-to-day practice. This book attempts to blend the theory and practical aspects of drafting documents. It attempts to explain the nuances of drafting documents and educates the reader on how these are used in real life. The specimens of pleadings are accompanied by a summary of corresponding legal provisions, giving a professional the 'how' and the 'why' of a legal proceeding. A unique feature of this book is the do's & don'ts while preparing petitions. This book will be helpful for tax practitioners, advocates & taxpayers to help them bring clarity in their pleadings...
The Insolvency and Bankruptcy Code (IBC) plays a pivotal role in providing a structured framework for insolvency resolution processes, ensuring fairness and transparency. The primary focus is on rehabilitating the debtor rather than simply adjudging them as insolvent. This article discusses the proposal to appoint a Resolution Professional (RP) in Personal Guarantors (PG) cases to streamline Insolvency Proceedings. The proposal also suggests sharing a copy of the RP's report with both the debtor and the creditor to enhance clarity. Additionally, it advocates making the meeting of the creditors mandatory in all PG insolvency matters.
This article examines the Reserve Bank of India's (RBI) significant proposals to enhance India's financial ecosystem's security, efficiency, and inclusivity. These initiatives are designed to strengthen the overall robustness of financial transactions, ensuring a safer environment for both consumers and businesses. The key proposals discussed in the article include: ‣ Revised 'Bulk Deposits Limit' ‣ Simplifying Export and Import Guidelines ‣ Establishing a 'Digital Payments Intelligence Platform' to Mitigate Payment Fraud Risks ‣ Expanding the E-mandate Framework for Recurring Payments ‣ Introducing the UPI Lite Wallet Auto-replenishment Facility ‣ Launching the RBI's Global Hackathon 'Harbinger 2024: An Innovation for Transformation' ‣ Conclusion
This book is the most authentic and comprehensive book on the Companies Act, 2013. It covers the amended, updated & annotated text of the following: • Companies Act, 2013 [as amended up to date] with annotations o Provisions of other Acts referred to in the Companies Act, 2013 o Words & Phrases Judicially Noticed • 55+ Rules framed thereunder with annotations • Circulars & Notifications issued under the Companies Act, 2013 • Secretarial Standards What sets it apart is the presentation/coverage of the Companies Act with corresponding Rules, Circulars & Notifications. In other words, the Annotation under each Section shows: • Relevant Rules framed under the relevant Section • Refer...
This unique book provides a concise commentary and comprehensive coverage of the statutes governing Consumer Protection Laws in India, including Acts, Rules, Regulations, Circulars, and Notifications. It also features the Guidelines for Prevention and Regulation of Greenwashing or Misleading Environmental Claims, 2024, alongside a detailed tabular comparison between the Consumer Protection Act, 2019, and the Consumer Protection Act, 1986. This comparison highlights the transitional changes in the legislative framework. It is helpful for professionals, scholars, and anyone interested in the complexities of consumer protection laws in India. The Present Publication is the 2025 Edition, amended...
This book comprehensively analyses the provisions relating to undisclosed income, gifts of money & movable/immovable property, along with relevant case laws. The relevant provisions of the Black Money Act and the Benami Property Transactions Act are also discussed. In other words, it analyses the taxability arising from the following: • Undisclosed Income; In light of the Income-tax Act 1961 & Black Money Act provisions. This section also includes: o Case Laws o Ready Reckoner for legal consequences of investments under various laws, depending on the source & nature of income invested and the manner of investment of income • Donee-based Taxation of Gifts of Money received by any Person. ...
This book aims to explain how to read, analyse, and interlink the voluminous information available in financial statements using charts, case analysis, and other tools. It provides an in-depth, step-by-step approach to understanding and decoding financial statements. The book is structured around five keys, each focusing on different components of financial statements. • Key #1 – Statement of Profit & Loss o Covers Sales, Other Income, Cost of Materials Consumed, Manufacturing and Operating Costs, Finance Costs, Depreciation and Amortisation, Tax Expenses, Other Expenses, and Exceptional Items • Key #2 – Balance Sheet o Details Tangible and Intangible Fixed Assets, Investments, Loans...
The objective of this book is to meet the needs of postgraduate management students. It is tailor-made to meet the requirements of the syllabi of financial accounting prescribed by the following: • Various Indian universities for their MBA/MMS programs • Other institutions for their PGDM program • Similar postgraduate management program This book mainly focuses on 'would-be managers' and not 'would-be accountants' The Present Publication is the Latest Edition, authored by Dr. Dinesh D Harsolekar & CA (Dr.) Pinky Agarwal, with the following noteworthy features: • [Amended & Updated] The discussions in the book are based on the latest provisions and amendments of the Companies Act 2013...
In a recent ruling, the Chennai ITAT has held that Cognizant Technology Solutions India is liable to pay Dividend Distribution Tax (DDT) on Rs. 19,000 crores share buyback carried out through a scheme of arrangement. In this article, the authors have evaluated the order and explained the rationale behind it. They have also added a table explaining the implications under the Income-tax Act if said transaction executed at present.