R Bajaj
17 December 2008 at 10:31
Sir,
We are three brothers and we have decided to build our old house through a builder who has agreed to make a floor for each of us and also give me a sum of money as I will get third floor ( my Brother will get ground floor and first floor respectively).
My Querry:
The money I will get will be shown as what?
Is it income from sale of property?
How will I be taxed for this ammount?
How should I invest it and what documents do I need to produce to declare this as income?
Thanx
Bajaj
allurisivajiraju
16 December 2008 at 21:46
Respected Seniors,
In a civil case basing on the Promissory note which was posted for trial, and subsequent to the filing of this case plaintiff went to abroad for a job purpose. There is no chance to the plaintiff to come to court to prove his case. Scribe of the pronote was died.
Then only attestor is available for filing affidavit as PW-1.
In the above circumstances whether court can mark the original pronote and notice etc. on behalf of plaintiff basing on the attestor affidavit. What is the result of the suit.
Thanking You Sir in advance.
S. Krishnamoorthy
16 December 2008 at 20:49
My company has been the service provider for a MNC Bank. The bank deducted the TDS on our bills at the normal rate of 2+%. This year they have been deducting the TDS at enhanced rate of 12+%. Consequently, the TDS on receipts and the advance tax paid by us will be more than the tax liability. This necessitates huge refund by the IT department. Can we approach the ITDept to permit the deduction of TDS at a lesser rate so that in the remaining months the TDS amount would be less and would also reduce the refund liability by the IT dept. If yes, what is the procedure? To whom to approach? Is there any format or form prescribed for the purpose? I shall be grateful for a reply.
S. Krishnamoorthy
vinod bansal
16 December 2008 at 20:31
Sir
wheather a wife who got divorce from her husband u/s 13 of HMAct than again marry him in a temple by exchanging garlands without performing sapatpadi is covered by the defination of wife for the purpose of 304-B IPC.
Aditya Mudgal
16 December 2008 at 20:08
Dear Experts,
There is a slight confusion in my head with regard to salesmen who go out into the market to take orders from wholesalers and retailers in non-pharmaceutical sectors.. Since the May and Baker India Ltd. v. Their Workmen decision, sales promotion employees were held not to be workmen under the ID Act, 1947. Subsequently, the Sales Promotion Employees (conditions of service) Act, 1976 was enacted. Under the said Act, Section 6 (2), medical representatives were brought within the purview of the ID Act, 1947. However, the question as to the nature of non-medical sales promotion employees from industries not yet notified by the govt. under the Act remains. They are not 'workmen' under the ID Act since they do not come within the scope of manual, skilled, unskilled, technical, operational, clerical or supervisory work for hire or reward, and if they have performed any of such work then it is not part of their main avocation as sales representative... Kindly Reconcile..
Thanks a lot..
Pravin Desai
16 December 2008 at 18:31
looking for a lawyer in Paradeep, Orissa dealing in maritime law any one interested please contact
kaushikphm
16 December 2008 at 18:31
Dear Sir,
We have a property with my uncle as a executor in will of 50 % share of the property. But, He is not paying taxes and
not executing the will also.
Please advice us for the further steps.
kaushikphm
16 December 2008 at 17:57
Dear Sir,
My sister and myself owns a property
in chennai. There is some misunderstanding
among us during the partition.
Could you please advice us whether we can
partition by Lokadalat/Arbitration/Mediation without
filing partition suit in the court.
rajendra
16 December 2008 at 16:09
MAHARASHTRA REGIONAL TOWN PLANNING ACT 1966, has come in force with effect from 01/10/2005 (in the ahmednagar region)but officially the collector communicate the same to the village panchayat in the year 2007.
Village panchayat has sanctioned so many building plans after 01/10/05, but not after 2007.
what will be the effect?
whether the sanctioned is valid and legal?
tahasildar asking for re-sanction the plan from town planninga authorities?
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pls give me link to following case laws
pls give me link to following case laws
burmah shell v/s belgam municipality corpn. AIR 1963 SC 906