Month: January 2015

Eminent Jurist Harish Salve is a staunch critic of the Collegium system of appointment of Judges. Justice Katju’s recent controversial comments on Katrina “Sheila Ki Jawani” Kaif and Shazia “More beautiful than Kiran Bedi” Ilmi have raised Harish Salve’s hackles and he cites it as an example of the ills of the present system

The law under sections 2(24)(xii) r.w.s. 56(2)(vii) of the Income-tax Act, 1961 relating to taxation of gifts has several nuances and complications. The author has conducted a detailed study of the subject and explained all the implications of the law with utmost clarity

The law relating to Hindu Undivided Families (HUFs) is a complicated branch of law, requiring specialist knowledge. The authors have mastered the subject, identified all the core issues, and explained them in a succinct manner

The Entire Law On The Making Of Wills Explained K. H. Kaji  & Manish K. Kaji, Advocates Though the law on the making of Wills is important, there is considerable confusion in the minds of even educated persons and some …

The Entire Law On The Making Of Wills Explained Read More »

The legal implications of a family settlement, from the perspective of general law, the Transfer of Property Act, the Registration Act, the Income-tax Act, etc has been explained in a succinct manner. All the important case laws on the issue have been cited

The author, an eminent Senior Advocate, argues with conviction that the law on taxation of gifts in s. 56(2) of the Income-tax Act, 1961 is a big irritant that actually compels honest taxpayers to pay in cash to avoid its draconian consequences. He points out that even genuine transactions fall foul of this ill-drafted provision