ABCDEFGHIJKLMN
14 November 2009 at 16:37
To the Expert panelists
Home> Experts > Taxation > valuation of jewellery under wealth tax
In one of the reply in above link, about valuation of Jewelry, Shri Pkpworld has indicated on date 13th Nov'09 that:
"Wealth tax will be charged @ 1% on the net wealth including jewelry in excess of Rs.15 lakhs on the valuation date (31st March of the Previous Year)."
Will any one please let me know about the wealth Tax? What all is considered for valuing wealth? Few like:
(1) Bank account balance.FD etc (2) Jewelry.(3) Stock and Share valuation.(4)Units of Mutual Fund-Valuation.(5) Residential property occupied by the self for living purpose.(6) Any commercial property.(7) Residential Plot.(8) Other residential accommodation –which is not Self occupied
and any thing more which is to be considered for wealth Tax. I do not know how to continue and take part in the old query, so I have asked a fresh query for a guidance.
Bhasker Parikh
Email Id:bhasker.parikh@gmail.com
suresh mittal
14 November 2009 at 16:00
RAJASTHAN TENANCY ACT 1955
As per sec 42 of rajasthan . tenancy Act, no agricultural land of sc/ st can be transfer other than sc/ st person,
my question is, whether a company can purchase agricultural land of sc/ st in its name ? if so any citation or judgement?
Pl guide
sc mittal
Binod Kumar Mishra
14 November 2009 at 15:00
Dear Experts,
my client is involved in a case of bounce cheque and later the court after hearing only 1 and half witness (the witness escaped after deposing half and did not turn up next day) closed the case and not considered our plea to call the witness or to examine a very important witness.
later on the court change and the new court has directed us to file some papers and also to file our defence to call the other witness including the one who has not been allowed to deposed.
Experts please give me some citation that when the case has been closed, by which method we may again represent to call the witness who had already deposed himself.
it is a very urgent matter please give citation.
Abeda S. Banu
14 November 2009 at 14:36
Thanks you all.
We are from two different districts (not Kolkata), but married in kolkata. Is it O'k? Then where to submit the petition? I think its necessary to contact a different lawer. Then any Kolkata based lawer is sufficient?
please help.
Ravi Kumar Rajgaria
14 November 2009 at 13:43
Anil got a house propeerty from his forfathers. His wife is Sunita and four children- two boys and two girls. All children are married.
Please let me know that after his death who will be the owner of property?
His wife Sunita or His two sons or His all four children or His wife and children?
Please clarify.
Srijeyaraj
14 November 2009 at 12:48
Dear seniors,
There is a partnership deed between X Pvt Ltd company and two individuals and they have formed a FIRM. The X Pvt Ltd company transferred some of it's property (moveable & Immoveabel) in favour of the FIRM vide a Board Resolution. And the other two individuals also transferred some of their properties (moveable)in favour of the FIRM.
1.Whether the transfer by the X pvt ltd (one of the partner) would attract Stamp Duty and registration?
2. Whether the transfer by the individual partners would attract Stamp Duty and registration?
Thanks in advance
Shubhangi Kale
14 November 2009 at 12:24
If in the case of criminal breach of trust matter in which amount exceeds two thousand rupees,whether it is compountable as per amendment in the cr.p.c.
Anonymous
14 November 2009 at 11:58
Need postal address of Honorable law minister Mr Veerappa Moily...
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exchange of property
Respected experts,
We r two persons 'A' and 'B' living in different locations. Both have some lands situated in each other's locality. Some portion of land of'A' is situated adjacent to 'B's house and some portion of land of 'B' situated adjacent to 'A's house. Both are agree and wants to exchange the respective portions of land. Consulted local lawyer on this, they say that both have to do separate registry in each other's name, which is costing a lot. Can it be done thro' exchange deed? If possible pls send exchange deed. Can they exchange in any other cheaper way? THanks and regards.