Asif Kodiya
18 December 2012 at 15:19
Dear Concern
One Rupee Revenue Stamp is sufficient for a Receipt, if the amount is above Rs.5000, under Article 53 of Indian Stamp Act. If the amount is less than Rs.5000 you need not affix any Revenue Stamp.
At present the limit has been changed to Rs 6500.. Am i correct?
I am unable to find Rs 6500 limit under section 53 of this act.
Can i get any link/reference where i can find the amendment related to this if any..
madhisudhan
18 December 2012 at 14:32
My wife is starting a ladies beauty parlour for ladies and children in residential area which is very nearly adjustable to main road in lingarajapuram, There is no objection from the owner for the business but a resident straight front of our shop is objecting for this business without giving any reason and he is threating me that he knows commissioner, MLA and lawyers to stop opeining my wife business there, how should i need to start the business by facing him or is there any legal restrictions where i need to follow. please reply me very soon.
Thanking you,
Madhisudhan
Bhalnish Desai
18 December 2012 at 09:30
We want to sell company's guest house. It is necessary to conduct Share Holder's meeting.
Ysil Karunai
17 December 2012 at 18:49
Dear Sir,
There is a dispute between the two partners say A and B (they are the only partners in a registered firm) and each partner willing to continue the business now as a proprietory concern as soon as the firm dissolved. Since A was a Managing partner named in the partnership deed and claiming he has the substantial power and he has a right to continue the business in his own. Further B also claiming as both the partners have equal rights, since because the A was Managing Partner he doesnt own any extra power as per partnership act.
Please Clarify who's claim is valid and suggest the best remedy for this?
Asif Kodiya
16 December 2012 at 19:38
Dear Concern
I want to know the rate of depreciation (as per section 205 & 350) charged on the following assets:
1) Mobile phone
2) Software
3) office equipment
Rashmi Jain
15 December 2012 at 23:18
Hi
I need your valued and able advise :
I am a Sole Proprietor in a Firm, and I have a Personel Liability - dispute with a Bank, Which is my Name, and No where my Proprietorship Firm is being related nor a Part of my Proprietorship Firm , Can my Proprietorship Firm would carry my Personal Liability as the Proprietor ? Can The Bank attach the Assets of the Proprietorship Firm. Kindly be informed that I have my Suppliers as well as the Investor's Liability in the said Firm, While my staff ongoing salary , Can my Proprietorship Firm's Assets can be treated in legal terms as my Personal Liability and effect my Firm ? As to How can I safeguard the Firm.
Kindly let me have your valuable advise Plz.
Rashmi Jain
Abdul Latif
15 December 2012 at 16:07
Dear Sir,
I have purchased 2,000 Equity Shares of Indian Private Limited Company from two Non Resident. Both are NRI but One is residing in UK and other one is in USA. UK guy is having NRO Account with HSBC in India and USA guy is having NRE Account with ICICI Bank in India. They said me to make the payment in Indian Rupee Cheque. My Queries are as follows :
1. Can i make the payment to both NRI in Indian Rupee Cheues?
2. Do I require to file FC-TRS even payment is made in Indian Rupeess.
3. Do i need 15CA and 15 CB from Chartared Account for filing FC-TRS even payment is made in Indian Rupees.
4.How and where to file this Form FC-TRS ?
Please advise.
CA Sahi Singla
15 December 2012 at 15:13
Sir
I have got notice under Section 29 of Punjab VAT Act 2005 for the year 2008-09. Notice is dated 30/11/2012. Please tell me is this valid notice ? Isn't it time barred ?
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Right of partner to manage business
there are 3(A,B,C) partners in partnership.at the time of entering into partnership(oral agreement) they decided that only A will manage the business & B & C will only review the operations of business.after sometime B also want to manage day to day activities but A refuses and says that according to partnership deed only A can manage day to day activities but B says that he have right to manage business as he is partner
my question is who is correct A or B?