chandra sekhar
09 November 2012 at 16:18
One of the Partner was contributed his immovable property as partnership property in the year 1975 and allotted 30% share. Later there is a Reconstitution in firm Three times and the said partner share become 4% in all Profit and Lossess and Immovable Properties of the firm. Finally the said partner was retired from the Partnership on 01-04-2012 and the Sub-Registrar was charged Stamp duty on Market Value of the Property of his 4% at the rated of 5 percent Stamp duty.
After Three Months the Audit people has issued a notice that the partner have contributed his property as partnership for his 30%, So you have pay the stamp duty on 30% of the M.Value of the property not on Relinquishment share of 4%.
Please clarify the same.
Ganesh
19 October 2012 at 15:19
Hi , Have bought underconstruction flat from my exowner.Exowner sold 80% completed flat to me, now builder is asking VAT & Service tax... my query is that who will pay VAT & Service tax here as i purchased as resale under construction.
And if exowner suppose to pay then on which agrrement value.
Builder sold at agrrement value 597000/- to exowner and exowner sold to me at agrrement value 1111000/-.
Appreciate your response.
NELSON FERNANDES
19 October 2012 at 12:59
Dear Sir,
I had given letter to the office of my HSG SOC for rectification in the AGM Minutes circulate without proper approval.
They have not given any acknowledgment, rather refused.
In case they dont rectify the AGM Minutes, what course of action I can take.
Thanks & Regards
NELSON FERNANDES
VIJAYKUMAR
18 October 2012 at 20:21
Is there any restriction under Bombay Public Trust Act or under Societies Act, in forming a Trust for the purpose of public education, where all the Trustees are from one family.
Whether the law requires that one or some trustees should be from outside the family?
sanjeev kumar
07 October 2012 at 13:30
Dear sir,
I have joined a pharma company dated 2nd of july-12 based at patna H.Q. as supervisory position,
In company there is a reporting system through net,
There was holiday on 2nd oct-12,my senior did a mail on my personal Id (not on company reporting system)to report head office and meet our national sales manager,
Although i have submitted leave application dated 2nd oct-12 through company reporting system that due to bad health i will be on leave on 3rd oct-12,
i have gone under treatement on 3rd oct-12,
Due to bad health again i want to log in company reporting system to extend my leave , but i couldnot log in,
I mailed to my Admin and HR also my immediyate superior regarding this,
on 4th oct-12 i received a mail from our HR Deptt. that due to unstisfactory performance your services is discharge effect from 3rd oct-12 same i received by courier on 6th oct-12 at my correspondence ,that courier despatch on 5th oct-12 from H.O. Hr deptt.on 5th oct-12,
I want to know is this righ desicison taken by a company or i can fight to discharge my services,
Thanks,
simran
05 October 2012 at 17:18
Dear Sir
My company is generating some transformer oil waste from our sub station.It weights 1Kg every year. Law says it should not be disposed into the environment. Can i store waste oil for subsequent years until enough is generated for sending to authorized dealer. Any litigation involved? Because it is not possible to send 1Kg every year to some authorized dealer due to financial implications and involvement of lot of resources, say manpower and transport.
What process do these authorized dealer follow to dispose this useless oil?
Thanking for sharing the information.
simran
05 October 2012 at 17:07
Dear Sir
My company is generating some transformer oil waste from our sub station.It weights 1Kg every year. Law says it should not be disposed into the environment. Can i store waste oil for subsequent years until enough is generated for sending to authorized dealer. Any litigation involved? Because it is not possible to send 1Kg every year to some authorized dealer due to financial implications and involvement of lot of resources, say manpower and transport.
What process do these authorized dealer follow to dispose this useless oil?
Thanking for sharing the information.
shanmuga sundaram
25 September 2012 at 15:22
sir,a family compromise decree has been passed by a dist court in tamil nadu.in accordance with the decree a foreign bank in chennai has to disburse the compromised amount to the mother of her late son.Now the bank has come up with the reply that the dist court decree passed by the indian court has to be re-sealed in singapore court ,as the account has been opened in singapore booking center as globe deposit account.Now the problem is that ,is this not the bank's responsibility to get the required 're-sealing, in singapore through their own branch in singapore??.The indian lawyers are not allowed to practice in singapore courts,&the web site suggested by the bank in india,appears to be expensive &time consuming.The law offices services in india also no way better.kindly enlighten me. kpssm
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Section 3(2) of raj. vat act.2003
One of my client is a registered dealer and opted scheme u/s 3(2) of the Raj. VAT Act. During the assessment procedure after survey at my client business premises, there was not any undeclared goods and unaccounted goods. Not any further documentary evidence would found to department. After physically verification of stock found at the time of survey, the value of closing stock is less then value as per trading account. AO issue a notice under section 25, 61 of Raj. Vat. Act for show cause. He want clarification why a tax amount equal to .50% of total difference of closing stock and a penalty under section 61 equal two time of tax should by charged. I Just want to clarify that what is the provision regarding conversion of vat option from 3(2). Will my client bound to pay tax as per vat provision day after survey.
Mukesh Khandelwal
9828242065