Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

pooja dedhia   29 July 2012 at 10:07

Rbi & small ,micro medium enterprise

sMALL AND MEDIUM ENTERPRISE WHICH IS REGISTERED Under SMALL ,MICRO,MEDIUM ENTERPRISE ACT ,HOW RBI Looks or looking point of view towards sanctioning of loan?

is RBI allowed to bank to consider the status of co who is registered under SMALL ,MICRO,MEDIUM ENTERPRISE ACT?

Dinesh Sharma   28 July 2012 at 18:14

Regn. denied due to lease pendancy on 7/12 abstract

I gave some money to a Farmer but he could not repay the amount and agreed to transfer 1.5 acre of land (out of 5 acre) in to my name to settle the account.

But registrar denied to register as there was lease pendency mark on 7/12 abstract because there was a family dispute among brothers in relation to unregistered Vatap Patra (division of property made by their mother who is alive also). Case is pending in the court.

He execute a Notarised Sathekhat Agreement & POA in my name.

How can I got register that portion of land in to my name ?

kumar   28 July 2012 at 16:27

Capital gain invested

sir if i invest capital gain amount in any new residential property then how to calculate invested amount.
registered amount of purchase 900000
+ stamp duty 50000
+commission to dealer 40000
+ other travelling exp etc.2000

please guide me.

kumar   28 July 2012 at 16:23

Capital gain exempt against construction of second house

sir
i have earn appx 6lakh capital gain in 2011 by sell of a residential flat in delhi. and i have one more house in delhi on which only ground floor is constructed in 2007. now i have construct first floor in that house by spending appx 6.5 lakh. construction is 99% complete in 2012 may. now i want to get exemption in my capital gain against this construction.
but the promblem is that i donot have any valid bill for purchase of material and labour charges paid to labour. then how i will proof this cost 6.5 lakh.
please advise me.

Member (Account Deleted)   28 July 2012 at 14:50

Pref.shares(preferential allotment)

Is it necessary that the AoA of the company should contain detail procedure to be followed for preferential allotment of shares or a company can issue such shares if the capital clause of the MoA & AoA contain Equity as well as Pref. Shares without any further sub-classification?

Can any one give me the specimen of EGM notice for issue of such type of shares by an unlisted public company?

subhash bajpai   28 July 2012 at 14:39

Beneficiary trust

I have a Sons beneficiary Trust whose income is more that 2lacs. whether deduction u/s 80C can be claimed in the trust. and which form of return should be filed? pls help

anish   27 July 2012 at 23:27

Wealth tax on second residence

Sir
I already own one residence. Now for trading purpose i want to purchase another residential flat in my personal name.Can i show this another flat as stock in trade so that i do not have to incur wealth tax liability? if so how do i convert this flat as stock in trade which i will purchase in my individual capacity?

ashim mandal   27 July 2012 at 17:43

Funds stored in long term capital gain account

Sir,

I want to open a capital gain account with a bank so that i can purchase a property in next 2 years. I would like to know the taxation rules if the whole amount or part amount is utilized. I sold a property on Dec 2011 and planning to open the capital gain account this month.
I would specifically like to know if the tax on un-utlized amount would be for AY 2012-13 and tax will be based on original amount plus interests with a penulty or not. You earliest reply would help me in filing IT return. Thanking you in advance.

shailendra kumar   27 July 2012 at 12:00

Taxatuon on village land

I have sold village land in a district in UP. How can I know whether capital gain tax is due i.e. whether the land is within notified 8 km or not from Municipal boundry? What was market value of land in 1981 when base of index was 100?
Can I get answers to these querries through RTI. Whom should I address RTI application for these items?