s.k.majumdar
07 April 2014 at 18:32
Dear sir
i)My parents expired in 1999 leaving one no. two storied House(1200sq ft) and agricultural land(20 bigha) in West Bengal without making any will.
ii)The above properties were purchased by my father in and around 1947 from another person.
iii)We are two brothers and three sisters being the legal heirs.
iv)Recently in the FY year 2013-2014 the said properties were sold for a total sum of Rs 30 Lakhs and the sale proceeds were distributed equally between the legal heirs i.e two brothers and three sisters.All of us submitted Pan card no at the time of sale.
v)Whether the above transaction will attract capital gain tax in the hand of the recipients? If so,how to calculate the tax in view of the acquisition of the properties made by my father in 1947 and the same sold in 2013-2014.
Kindly help and guide us.
s k majumdar
Audit Manager
Shiv
07 April 2014 at 18:17
Proceedings of Criminal Case ordered u/s156 (3) Cr.P.C. and death of Complainant.
There is a order passed by Hon'ble Magistrate to conduct investigation u/s 156 (3) of Cr.P.C. for involvement of Nationalised Bank & wife for wrongful transaction. Matter was delayed for investigation by police on point of jurisdiction of police station and case was kept pending in court. During this the Complainant DIED before recording is statement in front of police. Now case is still lying in court.
Now since Complainant has died and his wife is one of the accused, question of maintainability of complaint has arise. Since non of his legal heirs are ready to substitute as complainant.
In such scenario there is one witness who is willing to continue with the case. Hon'ble Court has asked the witness to provide with citations in this regard.
My request to all learned experts is to know : How will case proceed in such circumstances.
D K Singh
07 April 2014 at 18:13
How we come to know that service tax paid to the builder or promoter has deposited the same against the same property.
mohammed irshad
07 April 2014 at 17:55
i want to know what will be the legal procedures , how to change his name , in muncipality , which affidavits , and witnesses , is required ,.? sir actually i dont understand law language so can u please exlain in laymen language . she is willingly agree to accept the religion
Nagalakshmi
07 April 2014 at 17:42
My Husband has taken an insurance and represented his mother as nominee (before marriage) he died i filed a suit stating me and my daughter are legal heirs .my motherinlaw died .Are her legal heirs entitled for the share in insurance .can someone clarify this to me please
Adv. Charmi Makwana
07 April 2014 at 17:35
Respected Experts,
I am for Respondent no.1 (original Complainant)
I have Cr. Rev. App.. In that application applicant (original Accused No. 3) saying that the Applicant by merely acting mechanically and not subjecting to the fact that the cheque in dispute was not a legally enforceable liability, the accused no. 3 submit that the present complaint is not maintainable in as much as merely being a non executive director with no active role in day to day affairs of company and not responsible for the dishonour cheque and remove her name from complaint but on other hand she has singed Bill Of Exchange as Acceptor
Also give me some case law which is related it
Anonymous
07 April 2014 at 17:07
Who has right to decide transfer fee (payable on purchase of house) in housing society ?
Can all the owners of the society change the rule of transfer fees?
sanjay
07 April 2014 at 16:21
Hello- my father is a proprietor of a trading unit for last 15 years, and he is received a summons of cheque bouncing case in sep 2013- but due to his medical problems he is not able to attend any court proceedings,. and now honourable judge issued some arrest warrant against him. i just want to know how these warrants can cancelled and should i attend the same case of behalf of my father.plz help me out in this regard.
Nagalakshmi
07 April 2014 at 15:35
My husband has taken an insurance and represented her mother as nominee .my husband died now i have filed a suit stating i and my daughter are legal heirs. my mother in law also died now, are her legal heirs entitled for the share or only me and my daughter .can someone clarify me on this?
Maintenance to wife
Dear Experts,
I have applied for divorce against my wife. I am working in a PSU Bank and planning to take Lone, then my take home salary will become less. Now my question is:
Will she be eligible for maintenance according to my take home salary or from my net salary after Divorce?
Thanks