LCI Learning
Master NDPS 2.0: Latest Legal Developments, Best Practices & Landmark Case Studies

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abdulrahaman   07 January 2010 at 23:25

tax planning

Dear sir ,
let me know the best tax planning for the following assesse.
1) The person is a doctor running a private clinic.In this condition which is the best method of tax planning mention below, if this person consists of wife (educated house wife),two minor chilren,father and mother.
a) A partnership firm of husband,wife,father and mother.
b) a private trust
c) any other tax planning

abdulrahaman   07 January 2010 at 23:17

false criminal case

Dear sir ,
kindly clarify by givingcase law.
1) If a complainant by keeping his own employee as main Accused filed a criminal case aganst other employee and third parties for the breach of trust and non execution of contract ,cheating,etc to the extent of 2 crores .The main accused was working with the employer even after filing criminal case until the other persons were arrested.
How far this case is valid in the eyes of law?

Anonymous   07 January 2010 at 22:54

SHARE TRANSFER

IN CASE OF DEATH OF A DMAT A/C HOLDER,WHAT IS THE PROCEDURE OF TRANSFER OF SHARES THE VALUE OF THE SHARES EXCEEDS ONE LACS AND THE NOMINEE IS NOT REGISTERED?WHAT IS THE ROLE OF REGISTERED WILL IN THIS CASE WHEN SHARES CERTIFICATES MENTIONED IN THE WILL?

Adv:Nikhilesh   07 January 2010 at 21:56

Human rights

State 'x'has ratified international covenent on civil and political rights, imposed death penalty upon a pregnant woman,who was guilty of murdering the prime minstes of state x,decide

Anonymous   07 January 2010 at 21:34

Gift Tax

Dear Sir/Madam

1. Is there a cap on immoveable property gifts made to relatives?
If yes then at what rate gift tax is levied?

2. What is the definition of relative?
Does a sister or brother fall under the category of relative under gift tax?


Aditya R khandelwal   07 January 2010 at 20:48

Is it necessary to Get Probate of a Will In Rajasthan?

Is it necessary to Get Probate of a Will In Rajasthan?

krishnamohan   07 January 2010 at 20:37

cancellation of property

can i know if mother can cancell the property once registered to his childrens, if she is not satisfied with his childrens, she can cancell teh registered property to her , whether she can give application to the district collector to cancell because collector is also district magistrate, so whether he can cancell the property registration and give back to the mother

Anonymous   07 January 2010 at 19:55

HIn Hsg Society Maintaineance Bill can be paid in cash?

Whether the maintainance charges submitted to the cashier in cash
can be denied by him to receive. What are the instructions or byelaws
in this regard?

Anonymous   07 January 2010 at 19:05

Legal opinion on Minor property

I want to buy a property(land) from a seller and this land has exchanged 5 hands before ithe seller has bought it. In the process one of the first owners of the land were minors and their guardian was their father. While selling the property the father has put the reason for selling that the property is that money will be used for their educational purposes in the sale deed. there is no court order when the sale was done. this was not verified by the previous 2 owners who had bought the property. I want to know if the minors when they become major will they have claim to the property. What are the options that i have in trying to dealing with this legaly. I dont know who the owners are and this sale from guardian was done 15 years back.
Can i get a court order now

I also heard that the minors can claim only till the point they are 21 years of age. Is this true?

Please advise

debasis roy   07 January 2010 at 18:54

please guide

Dear Sir
a friend of mine is an employee of a cooperative bank met an accident on 11/6/2008 while going to his office.
he was taken hospital immediately and where he had to stay for a quite long time for treatment. at the time of
the accident the keys of cash vault of the branch where he was posted were with him.he was in charge of the cash
of the said branch. the keys were sent to the head office on 12/6/2008 by his brother who is also an employee of
the said bank posted in other branch. on 12/6/2008 was non banking day of the said branch and on 11/6/2008 the daily
work of the said branch was suspended due his accident. on 10/6/2008 at the end of the day the cash was properly
maintained and if it was not properly maintained the branch manager did not put his signature on the cash book. on 10/6/2008
the branch in charge put his signature seeing the cash book properly maintained. on 13/6/2008 the cash was opened and the
daily work was going on and no discrepancy was noticed. on the 24/6/2008 the management visited the branch where he was
posted and made an inquiry and it was found that there was a discrepancy between the cash book and the cash balance.
there was shortage of cash of rs 150000. on the 18/7/2008 the management served him a show cause notice about the cash
discrepancy found on 24/6/2008 and asking him to reply with in 3 days and deposited the said amount with 7 days. at that time
he was under going on treatment and was unable to answer the same and on 31/7/2008 he was again served a notice containing
the same matter. due to his physical condition he could not reply the same he replied on 13/9/2009 the management was not
satisfied with the answer and suspended him on that ground meanwhile i like to mention no fir was filed against him.
till date he is suspended, no inquiry was made and further correspondence was made by the management to him.
now request you all what does he need to do to withdraw the suspension and get back again.