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Lawyersclubindia Articles


INFLATION: RBI MEANS BUSINESS

  Raj Kumar Makkad   04 February 2010 at 15:31

Rising prices has been a growing nightmare for the common people. The Reserve Bank of India, aware of this, sent out the strongest signal ever about its intention to curb inflation and inflationary expectations in its third quarter monetary and credi ..


Posted in Corporate Law |   1821 Views


New Disclosure Noms for Indian Insurance companies

  Raj Kumar Makkad   04 February 2010 at 15:31

The Insurance Regulatory and Development Authority (Irda) has issued disclosure norms for insurance companies, mandating them to publish accounts on a half-yearly basis. The disclosure norms are seen as a precursor to allowing insurance companies to ..


Posted in Corporate Law |   2511 Views


RTI must be empowered to penetrate the veil of corporate Ind

  Raj Kumar Makkad   03 February 2010 at 18:59

THE RIGHT to Information Act, 2005 has changed the relationship of the people with the Indian state.The last three years have seen the Indian citizen knocking at the offices of the President, the PrimeMinister, the police and state administrations, a ..


Posted in Civil Law |   2088 Views


Affidavit of Prashant Bhushan Advocate in contempt Case

  Raj Kumar Makkad   03 February 2010 at 18:58

1IN THE SUPREME COURT OF INDIACRIMINAL ORIGINAL JURISDICTIONCRIMINAL CONTEMPT PETITION NO. 10 OF 2009INI.A. NO. 1374, 1474, 2134 OF 2007INWRIT PETITION (c) NO. 202 OF 1995IN THE MATTER OF:AMICUS CURIAE PETITIONERVERSUSPRASHANT BHUSHAN & A ..


Posted in Criminal Law  1 comments |   4946 Views


Unique Identification Authority of India

  Raj Kumar Makkad   03 February 2010 at 18:57

The Big Four – KPMG, Deloitte, Ernst and Young and PricewaterhouseCoopers – are in a fray for snapping up the consultant’s job for the Unique Identification Authority of India’s UID project. These four have cleared the first t ..


Posted in Legal Documents |   4698 Views


Reassessement under Income Tax Act

  AMIT BAJAJ ADVOCATE   03 February 2010 at 18:56

The power of assessement or reassessement of any income chargable to tax that have escaped assessement has been provided under secton 147 r w s 148 of Income Tax Act of 1961.If the assessing officer has the reason to believe that any income chargaba ..


Posted in Taxation |   3947 Views


UNDERTRIALS WILL FINALLY TASTE FREEDOM

  Raj Kumar Makkad   31 January 2010 at 22:57

On January 26, in one of those nice moves that we encounter on Independence and Republic Days, the Government launched a programme to release about 2,00,000 undertrials from jails across the country. Two lakh undertrials, you gasp? Actually, we have ..


Posted in Criminal Law |   2107 Views


GROWING LAWLESSNESS ON INDIAN ROADS

  Raj Kumar Makkad   31 January 2010 at 22:57

The first week of every New Year is observed as the 'road safety week' throughout the country. The traffic police launches campaigns to sensitise people and make them obey the traffic rules. However, any semblance of civilised driving disappears soon ..


Posted in Civil Law |   3571 Views


SURVEY UNDER SECTION 133 A OF INCOME TAX ACT 1961

  AMIT BAJAJ ADVOCATE   31 January 2010 at 22:57

SURVEY UNDER SECTION 133 A OF INCOME TAX ACT 1961 Survey in a wider sense means to scrutinize or to inspect. The power of survey under the Income tax Act has been provided U/S 133A and 133B. The provisions contained in section 133A are independent a ..


Posted in Taxation |   4981 Views


Use of section 144A

  AMIT BAJAJ ADVOCATE   31 January 2010 at 22:57

USE OF SECTION 144A OF INCOME TAX ACT 1961Assesements under Income Tax Act 1961 are made U/S 143, 144, 147, 153. The criterias for selection of cases for scrutiny has been increased. While making the assessement the assessing officer has to apperici ..


Posted in Taxation |   2962 Views