Articles by FCS Deepak Pratap Singh

Director Liability: Position Alone Isn't Enough

Posted by FCS Deepak Pratap Singh 23 October 2024 549 Views

Supreme Court rules director's position doesn't automatically mean vicarious liability. Learn when directors can be held responsible.

No Proof of Deficiency in Service Without Evidence

Posted by FCS Deepak Pratap Singh 09 November 2024 487 Views

Learn why the National Commission ruled that banks aren't liable for unauthorised transfers without proof of deficiency. Burden of proof lies with the complainant.

ITC on Building Construction: Supreme Court Ruling Explained

Posted by FCS Deepak Pratap Singh 19 October 2024 884 Views

Supreme Court allows ITC on commercial building construction if used as 'plant & machinery'. Learn how the functionality test applies. Read now!

Lease Rent Payments: Fixed vs Variable Explained

Posted by FCS Deepak Pratap Singh 02 September 2024 404 Views

Understand how fixed and variable lease rent payments are calculated for lease liability. Learn what's included and excluded under Ind AS 116.

Short Term Lease Case Study: Ind AS 116 Explained

Posted by FCS Deepak Pratap Singh 26 August 2024 287 Views

An Ind AS 116 case study on short-term leases. Learn how to correctly classify leases and apply recognition exemptions for assets.

Revenue Recognition Case Study: IND AS 115 Explained

Posted by FCS Deepak Pratap Singh 28 August 2024 572 Views

Explore a revenue recognition case study for ABC Ltd. Learn how IND AS 115 guides performance obligations and revenue timing for natural gas and LPG transmission.

Accounting Estimates & Errors: PQR Ltd Case Study

Posted by FCS Deepak Pratap Singh 29 August 2024 276 Views

Discover how PQR Ltd corrected a prior period error in accounting estimates. Learn about Ind AS 8, Ind AS 23, and financial statement restatements.

Can You Trade Life Insurance Policies? The Legal Position

Posted by FCS Deepak Pratap Singh 03 September 2024 746 Views

Discover if trading life insurance policies is allowed. Understand the legal standing and court decisions regarding the assignment and transfer of life insurance.

Co-Pay Insurance for Seniors: Benefits & How it Works

Posted by FCS Deepak Pratap Singh 20 September 2024 221 Views

Understand co-pay insurance for senior citizens. Learn how it lowers premiums and encourages mindful healthcare spending. Find out if it's right for you.

Insurance Policy Porting Risks: What You Need to Know

Posted by FCS Deepak Pratap Singh 15 October 2024 262 Views

Considering porting your insurance policy? Learn about the risks, potential fraud, and how to make an informed decision to protect your coverage and benefits.