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April 6, 2022

IMPORTANT FACTS OF OUR INDIAN CONSTITUTION
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The idea to constitute the Constituent Assembly for the formation of the Indian Constitution was given by Manabendra Nath Roy commonly known as M.N. Roy, in 1934. The Constituent Assembly was formed on 16th may 1946 under the Cabinet Mission Plan. The first sitting of the Constituent Assembly was in 1946 when the Assembly was…

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LAW AND PSYCHOLOGY
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If you wish to be a good leader, have an all-round personality. Read psychology, philosophy, history, anthropology, sociology, finest works, scriptures and even law. Moutasem Algharati DEFINITIONS LAW Law as a science/subject is multi-dimensional in nature because this three-letter word has many definitions and many interpretations. When a layman hears the term law he/she starts…

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Concept of Deemed Owner under Income Tax Act, 1961
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Introduction Income is taxable under the head ‘house property’ if it arises from a property consisting of any building or lands appurtenant thereto. For computation of income under this head, a house property is classified into three categories – let-out, self-occupied and deemed let-out house property. The income from a house property is computed on…

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Prospectus of a Body Corporate / Company
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Introduction The prospectus of a body corporate is principally a document mandated under law. The two major purposes sought to be fulfilled by a prospectus is firstly, to furnish requisite information about the body corporate to the public at large and secondly, to serve as an invitation to offer for purchase of its securities (ex.,…

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PANCHAYATI RAJ
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Panchayati Raj is the system of local self governance in India. Panchayats are the bodies which are run and managed by the people who are elected by the local people through elections at village level. Through 73rd Amendment Act Panchayati Raj was instituted and was given a constitutional mandate. Various committees were formed to work…

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