“Agent” and “principal” defined An “agent” is a person employed to do any act for another, or to represent another in dealings with third persons. The person for whom such act is done, or who is so represented, is called the “principal”. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing […]
Apportionment of relief or compensation obtained by such suits —Whatever is obtained by way of relief or compensation in any such suit shall, as between the bailor and the bailee, be dealt with according to their respective interests Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal
Suit by bailor or bailee against wrong-doer —If a third person wrongfully deprives the bailee of the use or possession of the goods bailed, or does them any injury, the bailee is entitled to use such remedies as the owner might have used in the like case if no bailment had been made; and either
Pledge where pawnor has only a limited interest Where a person pledges goods in which he has only a limited interest, the pledge is valid to the extent of that interest. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration
A “down round” is a financing in which a company sells shares of its capital stock at a price per share that is less than the price per share it sold shares for in an earlier financing. What Is a Down Round? A down round refers to a private company offering additional shares for sale
To register properties in India, the buyer has to pay charges in the form of stamp duty. Formerly, stamp duties were paid by acquiring stamp papers from approved stamp vendors or Government treasury at the time of property registration. The Department of Revenue, Government of Uttar Pradesh, has now facilitated the payment of Stamp Duty through
Corporate Social Responsibility (CSR) is a commitment by businesses to contribute to the social and environmental well-being of the communities in which they operate. CSR can take many forms, including philanthropy, volunteering, and environmental initiatives. One way that businesses can support CSR is by providing funding to NGOs. NGOs are non-profit organizations that work to
Special Economic Zone (SEZ) is a specifically delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs.The main objectives of the SEZ Scheme is generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign
A licensee is an entity, person, or company given authorization by another entity, person, or company to use an asset that the potential licensee wants to use. When providing a licensee with a license to use a product or asset that they own, the licensor will often be paid a fee to reimburse them for the trouble.
Pledge by mercantile agent —Where a mercantile agent is, with the consent of the owner, in possession of goods or the document of title to goods, any pledge made by him, when acting in the ordinary course of business of a mercantile agent, shall be as valid as if he were expressly authorised by the
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