Showing posts from March, 2012

Implied condition and Warranty

‘Condition’ and ‘Warranty’   Section 12(2) states that a condition is a stipulation which is es…

Unpaid Seller and his Rights

Unpaid Seller and His Rights Section 45 define an unpaid seller as “One who has not been paid …

Hire Purchase and Installment Purchase System

Income Under the head Capital Gains Hire Purchase - Meaning: A trader could sell goods either…

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