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

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RAKESH MEHRA   01 December 2009 at 13:25

ABOUT STARTING OF TWO FIRM AT ONE ADDRESS (Accounts)

SIR,


CAN U PLZ REPLY ABOUT STARTING OF TWO FIRM AT ONE ADDRESS.

IF WE HAVE RENT DEED OR LEASE DEED.


IF WE HAVE RENT DEED THEN IN WHICH CONDITION WE CAN START TWO FIRM'S BUSINEES AT ONE ADDRESS.
ACN WE HAVE TO PASS THE RENT PAID ENTRY IN P&L A/C.


IF WE HAVE LEASE DEED THEN........SAME ABOVE

PLZ REPLY..........................\

Anonymous   01 December 2009 at 13:23

Deduction from employee easalry

Is it legally permissible to deduct any amount from the employee by the company for the contribution to be made to any relief fund etc.

Thank You !!!

Anonymous   01 December 2009 at 13:13

Anticipatory Bail

Hi,

I had applied for ABA in the month of February in the high court. It is yet to come on board due to various delays. Can I contest for cancelling the case against me

Jithesh   01 December 2009 at 13:12

PArtnership Application for Registration

Dear All,

I have made a Form A for registration of the partnership agreement. In the Form A normally the both parties will sign the application for registration. But the same has to be wittnessed in the presence of any witness.

Whether anyone can witness the same or that has to be signed only in the presence of notary .

Kindly advise the matter as it is very very urgent.

Whether it can be witnessed by a Company Secretary or a Chartered Accountant who is in fulltime emloyment in a company.

Rgds

Jithesh

Anonymous   01 December 2009 at 12:50

university for law fic approved

want to apply admission for law ,myself graduate,tell me the name o near by university admission open timings in punjab or in delhi.

thanx
ganesh sagar

Prashant   01 December 2009 at 12:38

Payment of Performance Award

Dear All
I am employed in limited co. In my CTC, they have shown Rs 4500/- p.m. annualised Rs 54000/- as a Performance Award (P.A.)for the year 2009-10. Now I am on probation & I am resigining. The said P.A. is not paid in monthly salary but the general policy of the co is to pay P.A. after the year is over. The HR says that PA is based on the performance of co & the performance of employee as well, the amount may vary so it may go up or may go down also. But all these things are not mentioned in my appointment letter i.e. applointment letter is silent i.e. it doen't specify this variation clause anywhere, it does'nt say that it is performance based & thus could even be zero. Similarly it is not mentioned anywhere that if the person leaves the co during his probation or before the year end, he will not be eligible to get PA.
So my question is once the amount is shown in CTC without any condition, can company refuse to pay it. In my case I feel that the co will not pay this PA to me.


Thanks in advance


sanjiv batra   01 December 2009 at 12:23

WITHDRAWL FROM IDBI IDAS'1986 U/S 32AB

A COMPANY IS HAVING APP. RS.5, 00,000/- UNDER IDBI INVESTMENT DEPOSIT ACCOUNT SCHEME’ 1986 U/S 32AB OF THE INCOME TAX ACT. 1961. PLEASE CLARIFY THAT:-

A) IF IT WITHDRAWS THIS MONEY FROM IDBI BANK & CLOSE THIS ACCOUNT. WILL THIS WITHDRAWL BE TAXABLE?

B) CAN IT WITHDRAW NOW THIS MONEY FROM IDBI BANK FOR PURCHASE OF PLANT AND MACHINERY UNDER THIS SCHEME OR NOT & WILL TAX NOT BE PAYABLE, SINCE USED FOR SPECIFIC PURPOSE?

THANKS

SANJIV BATRA

sneha   01 December 2009 at 12:20

board resolution

Previously our company was providing services from Co. A. now our employers have established co. B and providing all those services from co. B whcih was provided earlied by co. A. there is one bank with whom we hv an agreement with co. A now we want to change the agreement with co. B. I want to draft a board resolution stating that all the work assignment which was provided by Co. A is henceforth provided by co. B.

Kindly provide some draft board resolution.

Prashant   01 December 2009 at 12:08

PF contribution

I am working in one Limited Company. In my salary, my BASIC is 10200/- So the company is deducting Rs 1224/- i.e. 12% on basic as my contribution to PF
Now I would like to know what is the rule for EMPLOYER'S Contribution. Somebody told me that for Employer's contribution there is a celing of Rs 6500/- i.e. eventhough my Basic is 10200/- co will contribute only Rs 780/- (i.e. 12% of Rs 6500/-)
Is it true or can company contribute equivalent to my contribution.

In my CTC, the co has shown Rs 1224/- as its contribution also. So both are contributing 12% but how do I check the co's contribution & whther there is really ceiling of Rs 6500/- & if yes then co. cannot show Rs 1224/- as part of my CTC & should only show Rs 780/-


Thanks in advance

Amol Musale   01 December 2009 at 12:06

original Agreement Lost

Dear All , Plz help .

My Self , amol.

I have taken flat in Pune Wakad For 3000000. I did agreement on 24th June.

But on 14th Dec my home was robbed and original agreement get stolen . Now i want loan of 2000000.

Plz give me suggestion. LIC HFL has rejected my loan.

Plz help. - 09881243706