Articles by FCS Deepak Pratap Singh

Will HUFs Be Treated as Beneficial Owners When Shares Are in the Karta's Name?

FCS Deepak Pratap Singh 16 August 2025 at 09:11

Explore whether a Hindu Undivided Family (HUF) qualifies as the beneficial owner of shares registered in the Karta's name, with legal interpretations, tax implications and recent rulings

Vicarious Liability of Directors under the Negotiable Instruments Act 1881

FCS Deepak Pratap Singh 02 August 2025 at 08:37

The Supreme Court held that mere designation as a Director is not enough to attract vicarious liability under Section 138 of the NI Act. Liability requires proof of involvement in day-to-day affairs of the company. Learn more about this landmark ruling in Susela Padmavathy Amma vs Bharti Airtel Ltd.

Applicability of GST on Hostel/Lodging Services

FCS Deepak Pratap Singh 01 August 2025 at 08:42

Learn about GST implications on hostel and rental services for students, key exemption notifications, rate changes, court rulings and the 53rd GST Council’s latest decisions.

Whether a listed company reverses decision of dividend payment once taken in board meeting?

FCS Deepak Pratap Singh 30 July 2025 at 08:35

A comprehensive analysis of dividend declaration under the Companies Act, 2013, including legal provisions, treatment of interim and final dividends, revocation rules, Board and shareholder roles, and SEBI compliance for listed companies.

Madras High Court Rules in Favor of Beneficial Nominee Under Section 39(7) of Insurance Act

FCS Deepak Pratap Singh 28 July 2025 at 08:36

Madras High Court clarifies that a validly appointed beneficial nominee under Section 39(7) of the Insurance Act is entitled to the full insurance proceeds. In this case, the Court upheld the wife's right as a beneficiary nominee, while allowing a voluntary 1/3rd share to the insured's mother.

Whether Insurance Companies Are Making Profit By Rejecting Insurance Claims

FCS Deepak Pratap Singh 14 July 2025 at 10:20

Explore the importance of health insurance, key policy features, claim procedures, IRDAI guidelines and how to avoid rejections. Make informed choices for your family's health.

What is Tax Loss Harvesting & Why is it important today?

FCS Deepak Pratap Singh 09 July 2025 at 11:24

Retail investors face heavy losses as the Indian stock market bubble bursts, exposing weak fundamentals and misleading advice. Learn how to smartly use tax-loss harvesting to offset capital gains, reduce tax liability, and carry forward losses.

Late Intimation Of Claim Would Not Disentitle A Claimant To File Claim

FCS Deepak Pratap Singh 25 February 2025 at 08:28

As to whether the delay in informing the occurrence of the theft of the vehicle to the insurance company, though the FIR was registered immediately, would disentitle the claimant of the insurance claim.