Anonymous
05 May 2010 at 21:13
I am Indian citizen, permanently residing in India. Suppose I transfer Rs x(income tax already paid) to my stock brokerage account with a broker in USA/UK. Thereafter staying in India itself, I do online trading over internet using the USA/UK brokerage account and make profit of Rs y, thus Rs x grows to Rs x+y.
Question: Am I supposed to pay income tax on my profit Rs y for the concerned financial year? Or I can wait another financial year and let Rs x+y to grow to Rs x+y+z and pay income tax on Rs y+z when I bring back Rs x+y+z back into India?
Anonymous
05 May 2010 at 21:02
I have completed my twelth standard with 97% of marks during 2002.. I am having cut off of 198.5/200 for engineering admissions. I have missed the opportunity to join BE at that time due to my family circumstances. But now i wish to join BE under regular mode. My age is 25 years and 3 months.. Please guide me whether am eligible to apply for BE. If Anna university, Tamilnadu consider my application and give me a seat to B>E>
Anonymous
05 May 2010 at 19:48
Dear sir,
I had booked resale flat by paying 20% of property value. Agreement has been registered at register office by paying 1.30k as stamp duty and registration charges.
today my registered agreement get cancel as 45 day has been over. (same clause has been mention in agreement)
As still my loan process is going, as there is title clearness not yet came.
seller is now demanding more value for same flat, so i would like to cancelled the deed. seller is ready to give money refund.
Is there any possibility of getting refund of registration charges from register office.
please guide me.
Anonymous
05 May 2010 at 19:31
I resigned from my previous company on 14 July 2009 due to some dispute with my boss.
I have sent my resignation by official mail from home stating that “I understand that 30days notice is standard. However, if at all possible, I would appreciate you releasing me from employment with the company as soon as possible. I would be glad to provide any assistance I can during this transition."
My HR Manager called me on 16 July 2009 saying that please come to the office for completing handing over process and promised me for relieving ASAP. I cooperate with the company and completed the handover process within the week, but they have not relieved me as promised. They called me again and again to come; at least they relieve me on 30 August 2009 without full and final settlement. Now they are deducting salary for non serving of notice period.
Please suggest my course of action in this regard.
Thanks in advance
KK
Anonymous
05 May 2010 at 19:21
we are living in a house in punjab which is registered in the name of my mother. this is the self purchased property of my mother. now, my mother want to transfer the said property in my name i.e in the name of his son by writing a gift deed duly registered and after payment of stamp duty .can she do that without the consent of her husband and other son and daughter. please guide me under which act and section it covers.
Tahnks
Arub
05 May 2010 at 19:11
Hi
Actually I am asking this Query on behalf of my brother who is doing 1st year B.L.
(1) What is the legal proceedure to open an Advocates Associate (Eg. Vasudevan & Associates, Babu Associates, etc.,)
(2) Whether it should be registered according to Companies act?
(3) Whether we have to draft Memorandum and Articles of Association?
(4) Whether all the members should be present at the time of registration?
(5) If one partner being practising at some other District like Coimbatore and the other person is in Chennai can it be registered at Chennai as the place where the associate to be function?
Please clarrify my doubt.
Thank you,
Arub.
Anonymous
05 May 2010 at 18:30
Company has given 1000 shares@Rs.10 to ESOP trust under Scheme A which has been purchased by trust via loan received from company itself. Out of above 200 shares not purchased by the employees. Vesting and exercise period expired. Now Company has to further give 1500 shares@Rs.20 ESOP trust under Scheme B. Now questions are?
1)Can trust utilize already existing 200 shares from Scheme A and further purchase from company only 1300 shares? Or it should sale the existing 200 shares in market and remit money after paying capital gain tax to company as repayment of loan.
2)If answer to pt 1. is yes then profit of 10*200=2000 will arise. what will be the tax treatment if trust is made for no profit no loss object?
Anonymous
05 May 2010 at 18:08
Respected seniors,
Sir if the concenrned authority not give noc for construction of building even having geniuen documents, then what is the remedy?
plese reply...
R_RTM_JAIN
05 May 2010 at 17:59
A has purchased one property but not executed registered sale deed. but Having power of attorney in his favour for said property which is not registered but only notarised in the year 1998.
Now POA holder 'A" wants to sell the said property which is situated in the state of Madhya Pradesh. Can he sell the property and execute a registered sale deed in favour of proposed purchaser on the basis of notarised POA ?
What will be the legal position of the proposed purchaser after execution of registered sale deed ?
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NOC from Society
I own a flat in kandivli west,mumbai.I want to sell it.I have also found a buyer,who wants to avail aloan from saraswat bank for the purchase of the property.Now the bank has asked the buyer to provide them an NOC from the society.
The society is delaying issuing me an NOC to sell my flat.I have already provided them all the documents that they have asked for like:-
1. Copy of Agreement of sale given by the builder
2.Indemnity Letter stating that there is there is no other loan or outgoings except for a housing loan that i had taken to purchase the property
3.Application for an NOC.
4.Upto date paid maintenence receipts
5.Saraswat bank noc format.
I dont know what shouldi do.Plz help me...
It has now been a month and i dont know how long should i wait