Anonymous
27 January 2018 at 14:19
I am a government employee of grade c post. I have applied for housing loan.due to urgent need I have taken rs 150000 from my brother for const of house by account transfer. After one month my housing loan has been sanctioned. I have refunded that amount by cash. How can I prepare the documents legally. May I prepare the documents as a gift from my brother.
RAVI SONI
27 January 2018 at 14:06
As per New Valuation Guidelines (New Rule 11UAA) applicable on and from 01.04.2017, valuation of unquoted equity shares as on valuation date would be done following new formulae i.e (A+B+C+D-L)*(PV)/(PE).
The term “C” under above formulae is for valuation of Shares and securities, wherein it is provided under the guideline that FMV of Unquoted shares held by the company shall again be valued following the same above formulae.
Now the question arises whether is it practically possible to calculate value of unquoted shares (unquoted shares subject to sale) of a company which has invested in suppose 10 other private limited companies and those 10 pvt. Ltd. companies have invested in further another 10 pvt. Ltd. companies and this goes on???
Kindly give me some advice on this.
SUDHIR CHANDRA THAKUR
27 January 2018 at 13:57
Res. experts. Good Morning. Is a government employee can receive a gift from his brother amounting to Rs 150000 for construction of his house
Vimmu Sharma
27 January 2018 at 13:51
I put my second hand car on sale.The buyer saw and remitted Rs 5000 as token to my bank account. Post that I decided not sell the car due emotional reasons and communicated the same to the buyer. Now the buyer is saying that he wants more money. Details: Money received from buyer on 20th Jan 2018. Post the transfer the buyer send message that he would meet on Monday at 11:00 am. On Sunday I conveyed my decision not to sell and asked him share his account details to return the money. On Monday he does not turn up at 11:00, however gives me a call in the evening to meet, which I could not as I was working. Post that he has been threatening to bring about 4-5 people to my residence and create a ruckus. What do I do?
Anonymous
27 January 2018 at 13:48
Hi, I am NRI. Please let me know about two things :
1. How much Indian currency can I carry while arriving in India from abroad.
2. Can I get paid for my freelance work which do outside India in Indian rupees.
Thanks in advance!
Anonymous
27 January 2018 at 12:48
I got an SCN for negligence while working as forex officer. Some export credit account turned bad and I am being questioned for not exercising due diligence in monitoring the accounts.
The observations are:
1. Not obtained credit reports of buyers
2. Didn't ensure whether the buyers were genuine and/or export did take place.
My Branch Manager had instructed me against obtaining the credit reports verbally. Don't have any proof. How should I reply so to close the inquiry's at SCAN level only.
swapnil
27 January 2018 at 12:28
Sir,
i live in aurangabad(MH) under Muncipal corporation. My grandfather take property on elder uncle name (as usual in Indian community to take property on elder son name).
Then elder uncle transfer share of each brother equally (total 3 members)
P.R card has my father name(one among 3 names on PR card). But unfortunately my father passed away.
Immediate legal heir are me,my sister (married) & my mother.
Pl give your advice to transfer to my mother or my name.
Proceed through which mode tahsildar or court??
Dilip
27 January 2018 at 12:22
I have purchased 10 gunthas of agricultural land in the state of Karnataka in the year 2016. As per Karnataka Land Reforms (Amendment) Act, 2015 average gross annual family income of last five preceding years of the purchaser of agri land should not exceed Rs. 25 lacs.
My average gross annual family income of last five preceding years is 14 lacs which is well within the limit prescribed in the Act. But revenue department has kept my file on hold since they are in the opinion that my income should not exceed 11.2 lacs and hence it is violation of the law. In stead of considering average annual income as 25 lacs they have calculated the same as 11.2 lacs by considering it before & after amendment. i.e., (2+2+2+25+25) / 5 = 11.2 lacs. As per me the act is very clear and the above calculation of average income as 11.2 lacs is wrong.
Please suggest on the above.
D K Singh
9980197075
Cma2018*
27 January 2018 at 11:42
Dear sir,
I want to know about the public charitable trust Audited account submission, Which is registered in delhi capital of INDIA.
My query is where to submit the audited financial account of the trust, because the my client's trust run a school under the trust in aurangabad maharashtra & indore Madhya pradesh.
So plz help in this query.
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Submitting defendant evidence
Sirs
Please help me and read even if you find repeated.
I am in a soup my lawyer , not accepting fees, not defending at crucial stage, not resigning officially, others not taking over as lawyer is very prominent and I am an outsider. With you advise I had the courage to go to court and get my case papers.
Your advice has been very helpful. As the status of case is changing I am seeking your advice in different thread,
My lawyer not resigning saying I will continue till you hire new lawyer.
Difficult to get the file also as he says I don't want fees.
It is a open and shut case but I need to give my evidence statement to court. Dates are moving fast at defendant stage. I am defendant. I need to act fast.
Some facts.
1. Suit Plot with possession with plaintiffs by virtue of transfer agreement of my late Poa. Suit was for title only under contract act. Possession with plaintiffs confirmed by plaintiffs filed in 2006.
2. Defendant,( me) sold the plot to third party actual possessor( fact hidden by plaintiffs) despite injunction in 2009.
Was not aware of injuction, CO defendant poa died in 2008.
3. Suit comes on board in 2013.
4. Plaintiffs file contempt application in 2015 and seek to amend plaint seeking cancelation of registration of 2009. Add possessors as new defendant and names them also contemner.
5.As contempt is time barred and as suit plot stands transferred since 2009.
I need to at least file my reply / evidence which lawyer is stymying.
Although repeated to the chagrin of some xperts, your advice has been very useful do far.
With Regards
MAHENDRAKUMAR H TRIVEDI