Ravitej
26 July 2014 at 17:43
Sir,
I have a firm (proprietory concern)registered in my name, established by my father when i was 4 years old. My firm is also registered under Karnataka VAT. When i was 18, my father got docs signed from me, the power of attorney, from then has he has been managing the business as he was doing prior to that. My father is managing all the business affairs, including managing bank accounts, recruting, marketing etc. He has just created this firm to get TAX BENEFITS that's all. Bank accounts are in my name but for some accounts he is a joint holder.All passbooks & cheque books related to the firm is held by my father I neither receive nor pay a penny from/to this unit.
I am an employee outside in some distanct town and in reality i am nowhere related to the firm. Recently i felt that
it's better to close this firm because all transactions are carried out in my name but i am completely ignorant of it. Also, the relationship with my father in recent times has not been well, so i have lost the trust in him. He has kept me ignorant, by hiding the facts related to the business such as what's the profit? who are the debtors & creditors? what's the total sales? etc. Even the employees have been instructed by my father not to provide me any details regarding the business unit. All i know is it's a trading firm? Please guide me in this regard.
DINESH K GALIYA
26 July 2014 at 17:37
Dear Sir/madam,
Greetings!
Please let me know if there is any license issued by indian law for doing Real Estate Business in Mumbai?
If yes please let me know the full detailed procedure for applying the same.
DINESH K GALIYA
26 July 2014 at 17:04
Dear Sir/madam,
Please let me know is there any specific name for the income earned by the Real estate agent business?
what is the brokerage income is called as? (which a Real estate agent receive)
eg. Salaried person's income is called as salary income.
Under what income can an real estate agent file is Income tax returns?
Also let me know under what section is this in indian law?
anurag
25 July 2014 at 16:52
Dear sir,
I'm having a partnership firm in which Me and my father are partners. This is not working but it has one property. Now how can we transfer the property to personal name?
Suggest
Thanking you,
sincerely
Anurag
nandita das
25 July 2014 at 12:53
Hi. I need to know about all the statutory compliances that are required to be complied with by an MNC involved in FMCG industry to carry on its business in india. Also, are these compliances any diffrent for MNCs that have incorporated 100% subsidiary companies in india?
dasarat
25 July 2014 at 12:25
Safety / Security:
I deposited my savings in one of my relative's PVT LTD COMPANY. The owner's gave an acknowledgement on the company's receipt.
A 2 line receipt showing the sum received and the rate of interest payable monthly.
I am regularly receiving the interest through the said company's a/c payee cheque drawn on my name.
My query is if or in case the company is closed owing to some reason (loss etc) 1.Can I file a suit on individuals name and claim my FD ?
2. Are the owners / partners responsible for the amount received on their company;s name.
3. Please help me with your opinion.
4. If my savings are under complete risk, please suggest me some remedy to try out the same for safety / security of my savings.
hdshardik
24 July 2014 at 13:36
before go and filing the suit u/s 434 of co act 1956 , what is the bsia parameter will require to gather in terms of documentataion when debtors are not paying after 3 years and amt is substantil ?
how can my firm from private co collect my dues .?
my firm is not registered but cover under IT audit .
what document i have to gather to make suit u/s 434 to private co.
Net
23 July 2014 at 20:04
What is required to register a training center in bangalore?
hdshardik
21 July 2014 at 16:21
when we make the request by writing to bankers about provide the concession in the processing charges, in return we recived mail as -
"With reference to your request for concession in the processing charges we request you to furnish the details of the anciliiary benefits to the bank from you like Savings accounts with us and the balances maintained, Cuurent Accounts and the average balances maintained, Gold/Silver Coins purchased, Insurance Policies taken from us...etc"
is it so ?
how banker are genuie?
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Insolvency petition
Dear Experts,
now a days many people trying to evade the payments to the CREDITORS by filing an Insolvency petition in the Court of law. one of my customer filed an I.P before the Court he has to pay me Rs.1,00,000/- of course showing Rs.One crore to all the creditors and i am one of them.but he mentioned in his IP that i was doing business and incurred loss and i was not able to pay my creditors hence declare me as INSOLVENT.but i wonder he did not shown any list of his debtors and not given any books of accounts or any movable or immovable assets list.it is clearly every body knows that he wants to cheat his creditors.my question is cant we file a cheating case against him or we cant do file any petition before the appellate court to quash the IP.any how we can contest the IP matter before the Court.hence i request you all kindly give me the suitable advice in this regard to curtail this type of petitions in the best interest of the public at large.Thank you sir.