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?
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
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
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.
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
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
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
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.
Enrolment as an advocate
Sir,
I was removed from service in May 2009 on charges of misappropriation of funds and negligence. Thereafter I joined LLB in July 2009. In the mean time I made an appeal to Appellate authority and to Chairman, they reduces the recovery amount from 10,76,140 to 3,51,000 but the removal order remains upheld. I had not joined the disciplinary proceedings due to which this harsh punishment. At present I have filed a writ in the High Court against the impugned order. Now I have passed the LLB three year degree course.
While filling the enrolment form at state bar council, there is a column that whether the applicant has been removed from service. If so, particulars should be given to show that the removal was not due to conduct rendring him unit to be enrolled as an advocate.
Sir, as per section 24
24 A. (Note:- Ins. by Act 60 of 1973, sec.19) Disqualification for enrolment - (1) No person shall
be admitted as an advocate on a State roll-
a. if he is convicted of an offence involving moral turpitude.
b. If he is convicted of an offence under the provision s of the Untouchability (Offences) Act,
1955.
c. (Note:- Ins. by Act 70 of 1993, sec.7) If he is dismissed or removed from employment or office
under the State or any charge involving moral turpitude.
Explanation- In this clause, the expression "State" shall have the meaning assigned to it under
article 12 of the Constitution.
Provided that the disqualification for enrolment as aforesaid shall cease to have effect after a
period of two years has elapsed since his [(Note:- Subs. by Act 70 of 1993, sec.7) release or
dismissal or, as the case may be, removal.]
Sir, will there be any problem in my enrolment as an advocate as already a period of three years has been elapsed?
Sir, does the charges resulted in removal involves moral turpitude?
Sir, Am I eligible to enrolled as an advocate as already a period of more than three years has been passed since my removal?