Anonymous
11 August 2011 at 16:56
Please go through the below provisions of a lease deed:
1.DURATION AND RENEWAL
Upon expiry of the Term of Lease, the term of lease may further be renewed by mutual consent of the parties.
1.1 That this lease shall, unless further renewed, come to an end on September 19, 2017 and the lessee shall hand over physical vacant possession of the schedule premises to the lessors.
2.TERMINATION OF LEASE
2.1Unless otherwise terminated as provided herein, this Deed shall be effective from the date of execution hereof and any renewed term thereof and continue in force for the term set forth in Clauses 1 and such renewed term.
On the basis of the above two clauses, the authority concerned has treated the lease as a lease in perpetuity.
What would be the objection against such interpretation of the above clauses?
Please reply with the help of case laws.
Anonymous
11 August 2011 at 11:28
Dear Sir,
1) If aggricultural land is under Thane Mahanagarpalika (Municipal)area & under Residential Zone , then to purchase such land FARMER Certificate is necessory???
If not necessory then request you to provide us under which act??
2) What is Bombay Tenanacy 1947 act 88b1??
Regards,
Deepak
Anonymous
11 August 2011 at 08:45
in thane region at mira-bhayander city 25 year old registered co-op housing society wants to conveyance land their society's name.any lawyer can help us or give us details what is the procedure of the conveyance of land.
ashit
10 August 2011 at 18:42
What documentation is needed when lease agreement is made in the name of single Co-owner? If the Title-deed or Sale Deed is in the name of both wife and husband and want to lease property to someone in the name of Husband .
If the Title-deed or Sale Deed is in the name of two Co-personers and want to lease property to someone in the name of Co-personer
Kindly advise me in the aforesaid two conditions.
Also kindly advise me about drafting of Lease deed.
Anonymous
10 August 2011 at 18:06
I hv a Plot in Co-operative housing society and i want to sell it..but the purchaser dont want membership in said society cause he was interested to develop a commercial complex on it..for that purpose he suggest me to applied the said society to cancellation of membership as well free hold the said plot..i applied to the society with same reason the society pass a resolution that the intended purchase not intrested to stay in society cause of that reason society grant the resingnation as well permission abt freehold the said plot.. but my main query is that is there any permission needed from assistant registrar for freehold a society plot..?
thanks...
Chandan Gupta
10 August 2011 at 16:54
Dear Friends.........
We incorporate a new company with one of object “to take over the all assets and liabilities of a partnership firm and the said partnership firm shall stand dissolve on the date of incorporation of company.” The proposed company incorporated in month of May, 2011. The partnership firm is also a beneficial owner for some shares in one of our Group Company.
Now the query that:-
a. Is it possible firm could be dissolved on the date of incorporation of company who will take over all the assets and liabilities of partnership firm even if the shares held by firm in other company as beneficial holder is not transfer to some one else.
b. What are the compliance have to perform by company whose shares are acquired by partnership firm and is the company is also required to file form 22B under section 187( c).
Please provide your valuable suggestion.......
Thanks......
VITHAL J.
10 August 2011 at 12:21
Dear Team,
I had booked my flat in Kamothe in March 2009. Stamp Duty and Registration charges are paid on 30 Sept 2009 ( Flat purchage agreement was executed on the same date ).
Now,building is ready and builder demanding Vat and Service Tax.
Please advise, whether vat and Servuce tax is applicable where the agreement was done on 30 Sept.2009 and possession is being handed over in Aug.2011.
Anonymous
09 August 2011 at 21:49
Here is one client purchasing/downloading Data software online from foreign company,foreign company do not have any permanent establishment in India. now the purchase Indian enterprise is remitting money. is there any need to deduct TDS at 20%. or if the remittance for purchase of other material what is the treatment. need an opinion of the expert. thanks in advance.
vijay tangade
09 August 2011 at 08:37
ONE OF MY CLIENT IS RUNNING TWO BUSINESS 1) MEDICINE 2)BUILDING MATERIALS BOTH TURNOVER IS BELOW 60 LAKH HE HAVE TAKE ADVANTAGE OF U/S 44AD AND SHOWING PROFIT IS MORE THAN 8% IN THAT CASE HE IS NOT LIABLE TO GET THE AUDIT U/S 44AB BECAUSE OF TURNOVER IS NOT CONSIDER TO TAX AUDIT U/S 44 AB MY QUESTION IS WHAT IS THE POSITION OF MVAT U/S 61 WHETHER IS LIABLE THE AUDIT U/S 61 OF MVAT OR NOT PLEASE EXPLAIN ME WITH AVAILABLE OF CASE LAWS
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