Reinstatement of any property generally means replacement of what is lost or repairing the damaged property by bringing it to its original value and usefulness.
Meaning of Subrogation: “SUBROGATION” means substitution of a person or group by another in respect of a debt in insurance claim, accompanies by the transfer
The Government has done a lot to remove income disparity, poverty, illness and discrimination in India. The Government has also contributed in social welfare of
Double Taxation, means taxation of same income in two countries. Generally income tax is levied on the basis of two principles /rules ,such as Sources
“There is one and only one social responsibility of business-to use its resources and engage in activities designed to increase its profits so long as
BEST JUDGEMENT ASSESSMENT UNDER THE INCOME TAX ACT, 1961 SECTION 139(1) requires that every person; Being a Company or a firm or; Being a person
PARTNERSHIP; Definition of ‘Firm’ – S.2(23)(i) of the Income tax Act, 1961; As per S.2(23)(i) of the Income Tax Act, 1961, unless the context otherwise requires,
Goods and Services Tax Act, 2017 has been implemented in India from 1st July, 2017. The GST is the biggest tax reform witnessed by the
CORPORATE SOCIAL RESPONSIBILITY (CSR) is a self-regulating process, through which corporates link their activities with common public. The Corporates generally using resources, whether it is
आइये जानने की कोशिश करते हैं! दोस्तों जैसा कि आप जानते हैं कि जब हमें उधार पैसे अर्थात ऋण (Loan) लेना होता है तो :-