Anonymous
07 April 2011 at 21:45
The LLP Act 2008 has created a hybrid incorporating features of a partnership (limited liability) and a company (regulatory oversight).
The LLP can do any business allowed by law. My question. Is an LLP allowed to do leasing or hire purchase business? A partnership is allowed. A company has certain restrictions. Also can an LLP simultaneously be registered as a a section 25 company?
anamika
07 April 2011 at 20:34
Hi expert ,
as new in this business i wanted to know about revenue stamp how important it is in the receipt given and how i can get revenue stamp
regards
Anonymous
07 April 2011 at 19:15
Does it make any difference between the title of property obtained by means of a compromise decree from court and by registration of partition deed?
Anonymous
07 April 2011 at 16:05
Whether loan documentation and evaluation services provided by DSA/DMA of Banks falls under BAS or it falls under BSS. Also whether these services would not get benefit of basic exemption under notification 6/2005, being branded service. A quick response from Experts is eagerly awaited.
Also please quote the relevant citation, if any, on this matter.
Thanks in advance.
Anonymous
07 April 2011 at 15:58
The following sections of the LA Act,1894 refer to some registrable instrument(award?):
"51. Exemption from stamp duty and fees. - No award or agreement made under this Act shall be chargeable with stamp duty, and no person claiming under any such award or agreement shall be liable to pay any fee for a copy of the same.
[51A. Acceptance of certified copy as evidence. - In any proceeding under this Act, a certified copy of a document registered under the Registration Act, 1908 (16 of 1908), including a copy given under section 57 of that Act, may be accepted as evidence of the transaction recorded in such document]".
Do these 2 paragraphs of LA Act,1894 mean
1. That an award or agreement made under this Act is registrable but not chargeable with stamp duty.
2. Person claiming under any such award or agreement shall be liable to pay any fee for a copy of the same obtainable from the Registrar.
3. In any proceeding under this Act, a certified copy of a document registered (by the acquiring LAO/Government) under the Registration Act,1908, including a copy given by the Registrar under section 57 of that Act, may be accepted as evidence of transaction recoded in such document.
4. The two paragraphs definitely refer to the registration of an instrument/ by the LAO in the LA process. What is that document?
or what are those documents?
Anonymous
07 April 2011 at 15:57
The following sections of the LA Act,1894 refer to some registrable instrument(award?):
"51. Exemption from stamp duty and fees. - No award or agreement made under this Act shall be chargeable with stamp duty, and no person claiming under any such award or agreement shall be liable to pay any fee for a copy of the same.
[51A. Acceptance of certified copy as evidence. - In any proceeding under this Act, a certified copy of a document registered under the Registration Act, 1908 (16 of 1908), including a copy given under section 57 of that Act, may be accepted as evidence of the transaction recorded in such document]".
Do these 2 paragraphs of LA Act,1894 mean
1. That an award or agreement made under this Act is registrable but not chargeable with stamp duty.
2. Person claiming under any such award or agreement shall be liable to pay any fee for a copy of the same obtainable from the Registrar.
3. In any proceeding under this Act, a certified copy of a document registered (by the acquiring LAO/Government) under the Registration Act,1908, including a copy given by the Registrar under section 57 of that Act, may be accepted as evidence of transaction recoded in such document.
4. The two paragraphs definitely refer to the registration of an instrument/ by the LAO in the LA process. What is that document?
or what are those documents?
Mr X wanted to purchase 5 Acre of Agricultural land from E, the flow of title are as follows
In the year 1946 itself it was ancestral property of A to the extent of 30 Acre, after his demise (1956) property divided between his 3 male children BCD to the extent of 10 Acre equally (No partition deed only mutation entry & schedule also not specified) no shares to female members, In the year 1965 B expired and again mutation were changed equally to the extent of 5 Acres each among his 2 male children E & F (Again no boundary specification, no deed, No Registration-only mutation entry)
Now E willing to sell his portion to X and his wife & children will jointly execute the sale deed
My question is ,(1) since from inception property divided among family members but no document to show the exact boundaries of each members share, family members themselves decide their boundary and cultivating accordingly, all the transactions were reflected in Mutation entries.
Is this flow of title valid in the eye of law? Because In Agricultural land/Ancestral property almost each & every case flow of title is almost similar to this case and X has no other option
Anonymous
07 April 2011 at 15:55
i have given CA-PCC exams in november09 & may10.i was failed in november09 due to institute's mistake.there was one subject cost fm ,in tht subject i got 55 marks & if i got 60 marks then exemption is given to me.
Mistake by ICAI is misprint in question paper oues no. 7 (b) of 8 marks in hindi version due to which i was unable to attempt that question and no action is taken by ICAI against this matter.(nov. 09)
In may 2010 exam same type of mistake is occur in same paper but this time reexam is taken by institute.
first was held on 10-5-2010 this was gone very good and i hoping for 70 marks but i listen on 14-5-2010 that icai going to take reexam on 22-5-2010. and this time my paper was not good ... now i want one thing from a} or b}
a} Examption in subject in nov. 09
b) In may 2010 the first exam held on 10-05-2010 is taken for marking.
Anonymous
07 April 2011 at 15:52
i have given CA-PCC exams in november09 & may10.i was failed in november09 due to institute's mistake.there was one subject cost fm ,in tht subject i got 55 marks & if i got 60 marks then exemption is given to me.
Mistake by ICAI is misprint in question paper oues no. 7 (b) of 8 marks in hindi version due to which i was unable to attempt that question and no action is taken by ICAI against this matter.(nov. 09)
In may 2010 exam same type of mistake is occur in same paper but this time reexam is taken by institute.
first was held on 10-5-2010 this was gone very good and i hoping for 70 marks but i listen on 14-5-2010 that icai going to take reexam on 22-5-2010. and this time my paper was not good ... now i want one thing from a} or b}
a} Examption in subject in nov. 09
b) In may 2010 the first exam held on 10-05-2010 is taken for marking.
How to obtain title deed of my share in the ancestral property
Does it make any difference between the title of property obtained by means of a compromise decree from court and by registration of partition deed?