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Abi   17 February 2015 at 00:09

Purchasing residential property from nri

Dear Sir/Madam,

I am planning to buy a residential property from NRI Gentleman in Pune. As I understand if the property agreement value is more than 50LK I am required to deduct 1% TDS from the agreed amount and credit the rest to Seller. The NRI has provided his PAN card details and has NRO account with ICICI bank. Now bank is asking seller (NRI) to pay some 20% tax and asking me (buyer) to obtain letter from CA of seller about his tax liabilities. The whole matter is pretty confusing. I request expert opinion on following:
1. How much TDS needs to be paid to IT department for this transaction?
2. Who needs to bear this tax for which TDS needs to be paid/cut? Seller or Buyer?
3. NRI gentleman has PAN card and he shared the same as well. Is there anything more the Seller needs to take care in terms of Tax?
4. Is there any consent letter kind of thing is suggested from Seller or CA of Seller in this regard?
5. Appreciate if the GR/Circular of such transaction also can be made available for reference.
6. What is the capital gain tax rule applicable to Seller, considering seller is NRI and dont file IT returns in India?

Thanks in anticipation of help.

Kind Regards,
Abi

Nagraj   16 February 2015 at 23:01

Breaking service agreement

Dear sir/madam,

Though I have read many discussion on this subject I need some more clarification. I am currently working in an organization signing a service agreement of 2 years with penalty of 2Lakhs and I also have gone through a training period during which I was paid some stipend amount. Recently I attended an interview and cleared it which violates the terms of the agreement. And in background verification of the new company they may contact my present company in which case I might be terminated from the company by paying the penalty as mentioned above. After terminating will they give me the relieving letter which I can produce to new company and join. And is terminating different from Resigning. Below are some of the necessary terms of agreement on this query.

If the Employee leaves the employment of the Company or brings about a situation as referred above, during Service Period, the Employee undertakes and agrees unconditionally to pay, on demand, to the Company, a sum of Rs 2 Lakhs as pre-estimated liquidated damages as compensation for the breach of the terms of this Agreement. The Company may also, in addition, demand a quantified damages for loss of business opportunities, negative growth in the business, if any.

Thanks in advance.

nitin   16 February 2015 at 22:37

List of tennants

From where I can get certified copy of list of tenants in a plot in mumbai area ? I am a resident in mumbai and have a shop of which I am tenant. I want list of tenants from where to get it?
Which office to apply and to whom ?
PLS help urgent my complete earnings are at stake urgent reply appreciated....!!!!

This is private property.....& inspection of property bills donot have my name, but owners have collected timely rents from me and also issued rent receipts......

mayank   16 February 2015 at 22:27

Help in major trouble

Dear Sir,

we were doing business with two firms proprietor ship belonging to father son duo each. we gave them material against PDC's given at the time of delivery as agreed terms of 60 days in 60 days cycle almost goods worth rs 18-19 lakh were given on getting PDC we started producing PDC but it started bouncing but for few payments were made like 1 lakh 1.25 lakh but eventually. they started buying time saying the owner has met with an accident, almost 1 month passed then some other excuse like father is hospitalized etc etc .. in Good faith we kept waiting since few payments of 1-2 lakhs were made during this period. as a support we waited but all the cheques bounced. we never sent any notice to parties yet but almost 8-9 months have passed and payment of almost 14 lakh is out standing and party is not responsing properly. we are worried now pls advise what sholc be our action. we have PDC's of almost 18-19 lakh in both the companies but all bounced.

we got tricked and never sent notice to them uptill now. since they were communicating and we thought the payment will be made.

pls advise what should we do. since although we have bounced PDC but 8-9 moths has passes does those PDC hold any value. and how should we go for recovery ? also we have intrest loss of almost 1.8 lakh and lot of harasment due to non response and abrupt response from customer.

pls advise.

regrds,

Mick

Member (Account Deleted)   16 February 2015 at 22:08

Address proof for the passport

How electricity bill can be address proof for passport where as it has only name?

kindly explain

jayesh sinha   16 February 2015 at 19:57

Seniority fixation of medical decategorised staff in railways after grade merger

an employee working in category x before 4/9/2008 in railways in grade 5500-9000 after grade merger after 5/9/2008 was medical decategorised on 16/04/2010 his degination was je(p.way) scale pay 9300-34800+gr pay 4200/- his counterpart working in category y in scale 9300-34800+gr pay 4200 kindly advise how his seniority will be fixed in category y .employee working in category x date of appointment is 14/12/99 where as employee working in category y his date of appointment is 15/01/91 employee working in category x joined in category y after cut-off date of 5/9/08 kindly advise how is seniority will be fixed as per ara 1310 chapter 13 of IREM 1989 edition person dealing railway cases will only be able to advise
secondly can the cat judge is obliged for final hearing if both the parties have completed all the formality including rejoinder and both the parties are ready to argue bit judge is not interested for final hearing what is the remedy to overcome this problem

Yash   16 February 2015 at 19:35

Urgent, execution petetion arbitration

Hi, lost arbitration and the EP has been filed by degree holder in court.

Have not received notice from court till today, however, able to check through internet the status of EP.

The current order states
"
List of property along with affidavit not filed. Be filed on or before the next date of hearing subject to last opportunity on 4.4.2015.
"

Please help with the below queries:

1) I have not received the notice from court. please suggest the meaning of above order.
2) I donot hold any property in Gurgaon.
3) Will I get the notice from court and be allowed to contest the EP.
4) Please make me understand the meaning of above order.
5) Will they directly clock my bank accounts without giving me any chance?

Srinivasa Rao Mullapudi   16 February 2015 at 19:34

Adoption by a christian in india

Friends,

Please let me know whether a christian can adopt a child legally? Please, specify the case law especially of the Supreme Court of India or AP High Court.

Thank You frnzs.

mahesh   16 February 2015 at 18:59

Section36@36a of maharastra land revenue

Can I purchase tribal land in raighad district ?

mahesh khatri   16 February 2015 at 17:58

about sadhu sant brhamchari monk's property after his death

om ! i m needy for help...i m very sorry to say present to all srimant....i m very weak headed to write in english words n senteses ...so i apolo...for....thx...
om! mahesh khatri .age 45 .mumbai....jab 4 saal ka tha tab se gurukul me raha...mere guru swami sarang the ...jo ki brahmchari the or unka ashram uttarkashi ( b4 gangotri) me tha/l type on u tube...NEAR TAPOVAN KUTI n get video of ashram) unka bhawan jiska naam "mahesh bhawan " ajmer rajasthan me bhi tha...bhawan nirmaan me mere pariwar ne kafi madad ki thi ...or main mere guru ka pramukh / chela tha..( log on at google for "pramukh" http : mathuradas ahir v/s krishanadas etc ) to sab jagha main hi nominy raha...banks me...post office me..etc...mere guru ka bhajan " sri radhe govinda gopala tera pyara naam hai" kafi famous tha...yahan tak ki tatsamay jab singar hariom sharan ne bhajan gaya to kafi bawal ke baad hariom sharan ne line change karwai ...mere guru ..kolkata...mumbai...banglor...chennai jaipur...gwaliar...etc poore bharat me ghoom ghoom kar geeta or ramayan per satsang kar jivan yapan karate thsaath hi uttarkashi me sant mahatmao ki bhi sewa hoti thi...mool roop se mere guru sarang marwadhi brhamin parivaar se the jo ki 17 saal ki umra me apana ghar chodh kar voh sadhu ban gaye the...1972 me apane guru swami ganganand ji ki aagya per apani maa jo ki apane chote bete se ati dukhi thi ko panah dene ke liye ajmer me unhone mere pariwar or dan dharm ki aay se chota sa bhawan banaya or naam rakha mahesh bhawan...sab kuch mere naam per hone ki vajah se unke pariwar me jo ki woh chodh chuke the me kafi jalan thi...woh apane chote bhai se baat tak nahi karate the...uske pariwaar walo ki awajahi per pratibandh tha...magar maa or bahan chup chup kar usski madad karati thi jiski vajah se kai baar bhari zaghre hote the...
(mere guru ne apani mataji ki dekhbhal ke liye apani choti bahin jo ki sasural se dukhi or vidhva thi ko rakh chodha tha..).
1981 me baat kafi badh gai thi...main bhavuk hone ki vajah se chota hote hue bhi unki madad karata tha...meri bhi dhulai hoti thi...etc...mere guru ne turant faisala lete hue apani vasiyat jo ki apani maa ke marfat mere naam banvai ko cancel karwaya or vasiyat apane naam ragister karwa li...samya chalata gaya 1984 me kai baate hui ...unke chote bhai pariwaar me najdeek aane ke liye edhi se choti tak ka jor laga diya...magar mere rahate kuch nahi ho sakata tha...mere aage roya jata tha...or mai ati bhavook ho jaata...maine meri mataji se iss bare me baat ki magar voh bhi poori baat samaz nahi paai...main thodha naaraj hoker apane guru ko chod mumbai apane pariwar me aa gaya....ye baat 1988 may mahine ki hai....iss se pahale bhi mai aata jaata rahata tha...achanak ek din ek letter meri maa ke paas aaya jo ki shyad 16/8/1988 ka hai...majmoon kuch aisa hai...MAHESH ABHI NA SAMAZ HAI...MAIN BHI GUSSE ME AAPA KHO DETA HU...AB MUZE SARI BATEN PATA LAG GAI HAI...SHARIR KA KOI BHAROSA NAHI HAI...MANSUKHI OR MATAJI ( MOTHER N YENGER SISTER) DEVISHANKAR (YENGER CRIMINAL BROTHER) SE MIL GAI HAI...USKI NAJAR MERI SAMPATTI PER HAI USKE CHOTE KHUSH HO RAHE HAI...MAINE KI KAHIN MUZE JAHER NA DE DE IS LIYE GHAR ME KHANA CHODH DIYA HAI...KABHI VIBHUJI KE YAHAN TO KABHI HOTEL ME KHA LETA HU...POORE BADAN ME KGUJALI HO GAI HAI...HAATH PAIR BHI KAANP RAHE HAI...JAISE TAISE YE PATRA LIKHWA RAHA HU....MAHESH SE KAHANA KI YE SAB USKA HI HAI...MAINE APANI VASIYAT STAMP PAPER PER LIKH CANARA BANK KE LOCKER NO ???? (ONLI ME)RAKH DI HAI OR MANAGER PANDYA SE BHI KAHA DIYA HAI...MAHESH CHOTA HAI ATA SONY( MY ELDER BROTHER ) KO GUARDIAN KIYA HAI... uttarkashi ki jimmedari bhi mahesh ko sonpta hu...mere baad aaker sab kuch le le na .................................
om .....!!!!!!!!!!!! uss vakt hamne samza ki lalach dekar bula rahe hai....santo ki sampatti santo ko hi milegi soch kar meri maa ne muze apane aanchal me chupa liya or vakt gujarata gaya.....
or 1912 me muze kahi se pata laga ki uttarkashi ka ashram chinmaya mission yane tapovan kuti wale khareed rahe hai...ye kaise ho sakata tha...vasiyat to mere pass thu ...to ye sab kya...CHINMYA MISSION ek inter national trust hai...jo ki kafi rasookh dar hai...magar woh bhi supreem court ke ooper nahi hai....maine apani or se janch shuru ki to ja baat saamne aai wo h ye hai.......mere aane ke baad mete guru ye jaan kar dukhi ho gaye ki mai or woh ek shadyantra me fans gaye the...unhone sab kuch dekh liyav tha...yaha tak ki apane chote bhai ke ladhake ko jo ki mera dummy bana hai...ko apani hi bhabhi ke saath humbister bghi...etc....
unko dar tha ki kahi voh log unhe jahar na de de ....woh log saath nahi rahate the...fir bhi mere guru ko shanka thi....ghar me khana chodh diya...magar pani ya chaay me kuch mila hota tha jisase unko poori bodyb me khujali ho gai thi...haath peair kanpte the...woh chal fir sakane me lachar ho gaye...jaise taise marane se 10/20 din pahale ptra likha tha...pahale bhi kai likhe magar mansukhi ne post nahi kiye...or ek raat 4/9/1988 ko ve chal base...koi lady docter aai or usane mrut ghoshit kar diya....fir kya tha...xhupchap unka antim sanskaar kar diya gaya...sampatti ke lalach me kisi ko bhi khaber nahi ki gai....yahan tak ki anya shishyo ko bhi nahi....muzev to sawwal hi paida nahi hota....sara kaam gup chup hua....
jab sab kuch khola gya to sab jagha mai nominy tha to ab kya kaiya jaaye....to rachi gai ek sajish....jo ki aisi hai.......
do gawah liye gaye....saath me mataji or bahan ko milaya gaya....nakali janmpatri jo ki meri hi thi or ajmer me thi...mera school certificate jo ki vahin tha....or ek affidavit banwa kar inn logon ne bank se sab kuch nikalwa liya ...woh vasiyat bhi jisame mai tha........kuch gold bhi tha...etc all all alll....
jab maa or bahan bhi tasdik kar de to baki kya raha jaata hai.....maine kuch aisi chaal chali ki muze sab pata chal gaya hai.....maine uttarkashi doudh lagai...vahan kai nahi tha....mere ashram ki dhajjiya udd gai thi....usme aag lag chuki thi....chinmaya mission wale kharidane se pahale sab pakka karana chahte the....maine pata kiya to mere asharam ka ek sadhu jeevit tha jisko ashram samhalna tha...usko ek doosre sadhoo ne mere dummy ke saath mil kar khukhari ki nok per 1990 me ashram se dadagiri kar nikaal baher feka.....mere naam ka sambhand vichhed rajinama namak koi patra bataya gaya....or maza dekhiye...aaj muze pata laga hai ki jis sadhoo ne avaidh roop se sarang sewa ashram per kabja kiya tha uski 9/1/2015 ko mout ho gai hai.....ab sirf woh hi sadhoo bacha haijise jabardasti ashram se bhagaya gaya tha.....mere sare saboot mere dummy ke kabje me hai....orjo bhi hua ye saari baate uss dummy ne khud muze batai hai jiski voice recording mere paas saboot ke tour per moujood hai...koi ek ghante ki nahi balki 40/50 ghante ki recording jisme usne apana gunah kai bar kabool kiya hai.....muze samaz nahi aa raha hai ki main kya karoon....mere guru ki mata ji notary per 1992 ki vasiyat apane chote bete ke naam kar chuki hai....jabki unse pahale hiye huq cheen liya gaya tha....mansukhibai moujood hai....,2012 me mere naam ka ajmer me paper me ek ad diya gaya hai jisme muze mrut ya lapata mana gaya hai.....maine ajmer ke sp se R T I dwara guhar lagai hai ki tahkikat karen
ye hai poori baat jo aapse madad maang raha hu......thx you all.THANKYOU