Share Application Money

Can a Pvt. Ltd. Company accept and refund back share application money from a person who is neither a member , director nor a relative of a director?

Clarification on Section 13 of I.T.Act, 1961

A charitable trust/institution purchased Wipro computer from a private ltd company (wipro dealer), in which one of the trustee is a director and having substantial interest. The value of the computer purchased is equal to/less than the market price. The assessing officer applied section 13(1)(c)and rejected to give benefit under section 11(1). Plese clarify the section 13(1)(c) read with section 13(2)(e)

will query

Ancestor property

Hi,

Please let me know the full definition of ancestor property.

Property brief: My father bought a peice of land from his onw resources (self aquired) He was short of around 10% approx for the value of the property & he borrewed money from his mother & thus had to add her name to the sale deed. His father was not alive then. In the passage of time, his mother's mental health took a downward turn and she statrted harrising him for the return of the money lent. My father then sold a big portin of the land and paid her money back. She then passed away shortly. The balance of the land was in his sole name. He passed away around 4 years ago, without leaving any will etc. The property was subsequently transfered to my mothers name.

We are five brothers;

Is this a self acqueried property?

If yes what will be the outcome?.

If no then wats is the leagal status of my Mum?.

What is the legal status of we five brothers?.

Can our Mum remove any of the son's from the property?

Thanks

adverse possesion

Wheather state can take plea of adverse possession against it citizen without acquiring land under land acquisition Act.and if yes than wheather govt can be adverse against its citizen and what about article 300A constitution of india. sachinsdl@yahoo.com

adverse possession

Wheather state can take plea of adverse possession against it citizen without acquiring land under land acquisition Act.and if yes than wheather govt can be adverse against its citizen and what about article 300A constitution of india. sachinsdl@yahoo.com

measuring of property

how can give application to the village office for measuring of our property, how many days will due for coming and measuring the property

Revenue Appeal reserved for Orders, appellant died

Appeal filed before the Joint Collector in a Revenue matter is reserved for orders. Recently appellant died. Order not yet passed. Is it required to re-open the matter to implead the Legal Heirs or not necessary.

VAT

the applicant is an automotive dealer and company issued credit notes according to sale, which is only income, the applicant deduct the credit notes in trading account from purchase and derive gross profit.the applicant is charcged under 12.5% VAT.the applicant deposit vat to the price of sale.now the sto is asking to deposit the vat @12.5% on amount of credit notes arguing that if the figure of credit notes removed from trading account the firm will come in loss which is true as said earlier in this trade the only frofit is from credit notes .what to do.

recent notification on quarterly return of tds

sir iwant to know whether can i file the return of 3rd quarter as it was suspended by the govt. till further notification??