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Found 23 results for "contract law"
Making a Duplicate Key is Legal or Illegal in India
Topic: Criminology
In India, duplicating keys is a convenience that many locksmiths offer, but this simple act poses some pretty tricky questions about legality, privacy and security. The Bharatiya Nyaya Sanhita (BNS),2...
Vicarious Liability and Strict Liability
Topic: Law of Tort
The law of torts recognizes liability not only for personal wrongful acts but also, in certain cases, for the acts of others. Vicarious liability commonly arises in relationships such as employer and ...
Introduction to Taxation: Concept, Nature and Types of Taxes
Topic: Taxation
Taxation plays a vital role in the functioning of a modern welfare State. This paper explains the concept of tax, its legal definition, and constitutional basis under Article 265 of the Constitution o...
Income Tax Act, 1961: An Overview
Topic: Taxation
The Income Tax Act, 1961 lays down the legal framework for the taxation of income in India. It defines essential concepts such as income, assessee, assessment year and previous year, which form the ba...
Deemed Income and Tax Authorities under the Income Tax Act, 1961
Topic: Banking Law
The Income Tax Act, 1961 incorporates the concept of deemed income to ensure that tax is levied on real economic gains and to prevent tax evasion through artificial arrangements or concealment of inco...
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