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Sanjeev Thakur   10 February 2011 at 11:16

Abbreviations of law journals and reporters

Kindly let me know the full form of following abbreviations used for law journals and reporters.

SRJ
VAD(Del)
BHCRO
AIR(T&C)
AIR(VB)
AIR(VP)
KHCACJ
OELT
OCPJ

Anonymous   10 February 2011 at 10:20

regarding long term and short term capital gain

dear sir
my mother acquired a property of her brother thru scuession after his demise the querry related to the subject are as mentioned below
(1) my uncle owned two houses in chennai the first one in walmiki nagar purchased on 1998-99
including land cost was RS 8,68900, and after my mother acquired and sold at 22,2700 Rs
(2) The second was in south mada street purchased on 1997 including land was Rs 399813 and sold at 29,0000 on feb 2011

pl give the expert advice on the long term capital gain ,whether the LONG TERM 3 years holding is based on my uncle held to my mother sold period or is it 3 years after my mother acquired.and what will be the approx tax to be given. your expert advise will be highly appreciated
Regards
R_PVK

Anonymous   09 February 2011 at 22:59

Maintenance charges for commercial shop in a mall at Gurgaon

I booked, 2-3 years ago, a commercial shop in one of the upcoming malls in Gurgaon developed by a known builder.
I have made 100% of the payment. The mall is now almost ready but the registration is not yet done.
• Can builder or the maintenance agency/company already raise the bill/invoice for electricity and maintenance before registration of the property?
• Shouldn’t such a demand be raised only after registration of the shop/property?
• Is it same for residential complexes (society flats, …)?

Thanks for the legal opinion.

Anonymous   09 February 2011 at 19:01

ULIP Policy - Notification F.No.IRDA/Reg/2/52/2010 dtd. 1.7.2010

This notification of IRDA regarding treatment of discontinued ULIP Policy dtd. 1.7.2010, my query is that this notification is applicable to all ULIP policy in force at the time of notification date ?
If not any other notification in this regard prior to this notification ?

Kindly advise and suggested

Epari Sameer Kumar   09 February 2011 at 12:51

VAT- INPUT TAX CREDIT URGENT

I AM FROM CHENNAI (TAMIL NADU)

OUR ASSESSING OFFICER IS DISALLOWING THE INPUT TAX CREDIT BECAUSE OUR TURNOVER IS LESS THAN TAXABLE LIMIT,(TEN LAKS)

IS THERE ANY CASE LAW FOR THIS..PLEASE HELP ME ON THI

Epari Sameer Kumar   09 February 2011 at 12:47

VAT- INPUT TAX CREDIT URGENT

I AM FROM CHENNAI (TAMIL NADU)

OUR ASSESSING OFFICER IS DISALLOWING THE INPUT TAX CREDIT BECAUSE OUR TURNOVER IS LESS THAN TAXABLE LIMIT,(TEN LAKS)

IS THERE ANY CASE LAW FOR THIS..PLEASE HELP ME ON THI

Epari Sameer Kumar   09 February 2011 at 12:43

VAT- INPUT TAX CREDIT URGENT

I AM FROM CHENNAI (TAMIL NADU)

OUR ASSESSING OFFICER IS DISALLOWING THE INPUT TAX CREDIT BECAUSE OUR TURNOVER IS LESS THAN TAXABLE LIMIT,(TEN LAKS)

IS THERE ANY CASE LAW FOR THIS..PLEASE HELP ME ON THI

Anonymous   09 February 2011 at 12:00

HUF

if any landed property purchased in the name of & sons (HUF)and duly registered in the office of sub registrar is a valid document and if so, under which provisions?

Husne Mubarak   09 February 2011 at 11:47

Difference between a firm N company

Respected Experts,

Q1: What the are the practical differences between a partnership firm and a company?

Q2: Five persons want to start a new business regarding computer supply and services. Should they opt for a partnership firm or a company? What do you suggest?

With regards
Husne Mubarak.

Anonymous   09 February 2011 at 11:37

Condominium or Apartment Owners Association ?

This is a new property which has 7 members.
The property is being maintained by the builder since 2009. Now we are planning to have this conveyed to the members/society.

Since we are only 7 members, the builder has adviced us to form a Condominium or Apartment Owners Association.

I have two queries:

1.Between Condominium & AO association, which is better for the residents?

2.When the builder conveys the property to this association or society - what are the points to be checked by residents?
Would the 'plot' also be transferred and all rights to the 'plot' on which the apartment has been constructed ?