Shilpa Rani
06 December 2008 at 11:38
what is capital gain tax
if i buy property from others will it apply to this case
when we need to pay this tax and how much ..please explain
Mohamed Ali
06 December 2008 at 11:33
A partition suit was decreed, My grandmother was 3rd plaintiff, she got 1/17th share in the suit.
while filing the petition for Final Decree Proceedings, they have mistakenly brought on record's LR's who are not entitle for share in 3rd plaintiffs share along with other LR's which we did not object at the time of filing.
We want to stike out this LR's who are not etitle for share, Our advocate says it cannot be done in Final decree proceedings as it is not in scope of Final decree proceedings to delete LR's as it is only to divide the share as per Decree ,first we need to get final decree excuted and then we can file a seperate suit to say these LR's are not entitle for share,
consulted with other advocates they say Final decree proceedings is nothing but continuation of orginal suit it is like Original suit ,hence these LR's can be removed in Final decree proceedings itself using Order 1 rule 10(2) CPC.
Question: Can these Lr's be removed in Final decree proceedinds itself ?
In muslim law birth right is not recognised(where Hindu law recognises birth right), hence question who are the LR's entitle for share in 3rd plaintiff 1/17th share will come up only after her death, Since her son had predeceased her,
Only 2 daughters of 3rd plaintiff are entitle for share not childrens of predeceased son... this is our Interlocutary Application pending in Final decree proceedings.
Shilpa Rani
06 December 2008 at 11:32
i was adviced by one of the respected lawyers from this site not to sell my land instead take loan on my land...my problem is i am out of job for 6 months due to ill health and fine now...but lost my job...will banks give loan to me on my land(registered on my name) if i dont have job ...please advice
M Sandal
06 December 2008 at 11:23
pl clarify
(i)As per Sec 24 of IT Act, intrest on borrowings for housing repairs are allowed to be deducted as loss from property and allowed to be taken into account by the DDO / employer for TDS .Ifeelintrest on personalloan - and not only int on housing loans - for repairs of self occupied house is allowed by the DDO/ employer. . Pl quote any clarifications given by CBDT/Courts.
(ii) Whether DDO/Employer can demand rent receipts for rents upto Rs 3000/- as allowed by the CBTD Circulars pl clarify. Pl quote any clarifications given by CBDT/Courts.
Dnyaneshwar
06 December 2008 at 11:07
If i goods sold to Germay.in this Case TCS is applicable or not.If applicable by what Percent.
Shilpa Rani
05 December 2008 at 23:38
my father gifted me the land just few days back and registered on my name....can i take bank loan on that now instead of selling that land....if yes what is procedure to get loan in banks
Shilpa Rani
05 December 2008 at 23:36
i have an agricultural land...and i want to sell that and deposit that money in bank as Fixed deposit on my daughter's name.
what taxes i need to pay to the govt if i sell that agricultural land and how much..( i am from andhra pradesh)
if i want to sell my land...how to sell that land and whom to approach and what is the procedure to sell the agricultural land ...how to find buyer's ...shall i need to approach any local real estate agent ...please guide..
Shilpa Rani
05 December 2008 at 23:31
I want to sell my grand father property gifted to me by my father.
It is an agricultural land of 5 acres.each acre market price is 5 lakhs...dont know whats the government price for that.
My queries are:
1.if i sell that agricultural land and take cash from that buyer...shall i need to pay any tax to government ....coz i want to fixed deposit that amount in bank.
2.what is capital gain tax...is that applicable to my case
3.my land is 5 acres and each acre is 5 laks ..means total 5x5=25 lacs ...buyer is telling that he will give 10 lacs on DD and rest as cash (black money)....is it ok to accept like that...if so how to manage that money from tax eviction...please guide
vikas
05 December 2008 at 18:30
DEAR SIR,
I HAVE AROUND 8% OF THE TOTAL EQUITY IN A PUBLIC LIMITED COMPANY. I AM NOT BEING ALLOWED TO ENTER THE PREMISES OF THE FACTORY AND ALSO I HAVE GIVEN A LOAN OF RS 10 LACS TO THE COMPANY.
PLAESE GUIDE ME WHETHER I CAN APPROACH THE COMPANY LAW BOARD OR HOW CAN I GET MY MONEY INVESTED IN SHARES AND LOAN GIVEN BACK
VIKAS
© 2025 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
fixed deposit..
if i want to fixed deposit some amount of my money on a person who is a foreigner ( not citizen of india)...will he be elible to get that money after my life time..will our law accept foreigner to take that money without paying any tax...please advice in this case