BSA (Business Software Alliance) recommended to put under US 301 list to those countries which lack rules to preserve and protect intellectual property right and who failed to follow vigorous enforcement action against software theft. In a recent ..
A person is required to get his accounts audited u/s 44AB if 1)The turnover of business exceeds Rs 60 Lakhs, or 2)The Gross Receipts of Profession exceed Rs 15 Lakhs. In case of business what should be the meaning of turnover/sales? Should it be G ..
I should admit that I was not taught much about the difficulties in legal profession and as to how to flourish in legal profession if one chooses to be an independent practitioner or wants to establish his own law firm while I was in Law Colle ..
I am very happy to know the news that the Bar Council of India has already taken a decision to conduct an All India Qualifying Examination for law graduates for entering into profession. I don't think that there will be an illogical uproar in ..
Under section 51 of PVAT Act 2005 information collection centers have been established by the Punjab Government at various places with a view to prevent and check the evasion and avoidance of tax under PVAT Act. Section 51(1) of PVAT Act authorizes ..
Under section 8(1) of the Central Sales Tax Act 1956 an Interstate sale to a registered dealer can be made at the concessional rate of Central sales tax i.e. @2% existing at this time. But for claiming concessional rate of CST the seller needs to pr ..
Finance is the important part and need of every business. The own capital of a person may not be always sufficient to meet the needs of finance of the business. Therefore the Loans and deposits become necessary and important to meet the financial ne ..
It is well esteblished principle that the power to levy penality under taxation laws is incidental and ancillary to the power of collection of tax and is provided to make sure the compliance of tax deposits by the assessees. Taxation laws are welfar ..
ORIGIN and Meaning of RIGHT TO INFORMATION Our country is a democratic country and the persons who runs our Democratic Government are elected by the people of India . People of India elect them by exercising their voting rights in General election. ..
Justice P.N.Bhagwati states in the report of the Legal Aid Committee “Legal aid implies providing an arrangement in the society so that the machinery of administration of justice becomes easily accessible and is not out of reach of those who ..
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
