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information technology act 0

Information Technology Act, 2000 – An Overview

Background of the Act- In 1996, the UN Commission on International Trade Law (UNCITRAL) devised the Model Law on Electronic Commerce. The recommendation made by this resolution was that all States must give favorable...

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What is a Paralegal ?

For those outside the legal world, it can be quite confusing to understand the different terminologies used while describing a legal professional. For example, a lot of people end up substituting an attorney for...

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Liquidated Damages

Introduction Liquidated Damages means compensation in terms of money. What kind of compensation? Compensation for the loss or damage suffered by either party in a contract. However, only when such loss or damage occurs due...

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NSC – National Savings Certificate

What is NSC? NSC or National Savings Certificate is a tax saving scheme under Section 80C of the Income Tax Act,1961. The NSC is a fixed income investment scheme. It is used for tax saving...

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Domicile Certificate

Meaning of Domicile Domicile can be termed to be the country in which one has his/her permanent residence. As a matter of fact, domicile does not completely depend upon the physical aspects of maintaining...

Bonafide certificate meaning 2

Bonafide Certificate

What is a Bonafide Certificate? Bonafide is a word of Latin origin which means without any intention to deceive and that which is true or “in good faith”. Bonafide certificate meaning can be understood...

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Validity of Stamp Papers

‘Validity’ word talks about the fact of having legal force, or anything which is legally allowable. So, when we think about the validity of stamp papers, it reflects the expiry date of those papers....

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Show cause notice

Show cause notice implies an order issued by a Court, Competent Authorities or an Organization asking an individual or a group of individuals to explain or to “show cause” in writing concerning why the...