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pratik   23 June 2010 at 11:02

direct tax code, 2009

1)When i was reading the direct tax code, 2009 a section say that between the assessee and the ITO, A.O. Or any higher authority will be designated as a civil court . so can i say that the conetmpt of court act, 1971 is applicable if any contempt occurs.

2) as i it also say that between the assessee and the ITO, A.O. Or any higher authority any proceeding will be considered as judicial proceeding so i think that the conempt of court act, 1971. also pls tell me what is the meaning of judicial proceeding.(Becasue as per my understanding judicial proceeding means the proceedings which is going on the court is known as proceedings)

Thanking u all experts in advance.

nitin   23 June 2010 at 10:12

Execution of arbitration award

Dear All,

My query is as follows :

Can a lender who has secured an arbitration award against a borrower company go for execution of the award against company as well as the guarantors of loan when the guarantors were not a party to the arbitration proceedings and arbitration award is also against the company only.

Pls take some time to explore some authorities on the above subject.

Regards
Nitin Satija

Namratha   23 June 2010 at 10:11

land records

Dear Sir,

in 2007, our ancestral property (vacant land) got divided to all grand children (4 guntas each) through the Civil Court.

Got the survey done and phani is obtained in this June month.
Need to know what other documents to be collected from Taluk office.

How much amount of tax to be paid for 4 guntas and when should the tax be paid.

Kindly advice.

Anonymous   23 June 2010 at 10:09

2 kids norms in housing societies for committee members

Kindly confirm whether following norm is applicable for housing society committee member, if so what is the section. Can a committee member be removed from his post in case conditions mentioned below are applicable:


"Under the Maharashtra State Cooperative Society Regulations, 1960, any person who has more than two children is not eligible to be elected as a member of a managing committee or contest committee elections. The disqualification is applicable to a member whose third child was born after September 7, 2001."

Please advise complee procedure for enforcing this law.

Regards

tusharcosmic   22 June 2010 at 14:11

Is Justice Shiv Narayan Dhingra doing wonders for society ?

The comments and judgements given by him show that he is very much concerned for social welfare and he is doing what should be done by any one who is really a true friend of the our society.Persons like him should be made our national heroes.What do you say?

Ram   21 June 2010 at 21:54

works contract: adding GP on purchases method

dear sir,

my clients are dealers in sales and service of motor cars. in the case of painting of cars they adopt a method of adding 25% Gross profit to purchases to arrive at the taxable turnover. the officer claim the method is not acceptable.
i had gone through a case long back where it was held by court that such method of adding GP to purchases in works contract was acceptable. but i have not noted the citation. any body having the same pls post it at the earliest. with that decided case i can make my case stronger

regards

ram

Anonymous   21 June 2010 at 19:40

INDIAN PARTNERSHIP ACT

WE ARE A REGISTRED PARTNERSHIP FIRM WITH REGISTRAR OF FIRMS SINCE 1994. BUT ABOUT A YEAR BACK, A DISCREPENCY WAS FOUND AS THE NAME OF FIRM WAS MENTIONED AS AVS INDUSTRIES INSTEAD OF AVS SILVERPLATE & ADDRESS OF THE FIRM WAS MENTIONED AS THE RESIDENCE OF PARTNERS INSTEAD OF WORK PLACE IN THE REGN. CERTIFICATE.

SUBSEQUENTLY, THIS ERROR WAS RECTIFIED UNDER SECTION 64 B OF THE IPA ACT, WITH GREAT HASSELS.

NOW, KINDLY ADVISE WHETHER THIS RECTIFICATION BE APPLICABLE WITH RESTOSPECTIVE EFFECT OR NOT

THANKS & BEST REGARDS.

ASHWANI GAGNEJA

mihir kr. ghosh   21 June 2010 at 12:44

partition of property

property belonged to deceased mother;
there after two sons claimed property right ignoring other 10 sons & daughters only on the plea of oral will of the parents,please clarify.

amardeep   21 June 2010 at 11:40

latest judgement on Company law

Dear Friends,
Pls provide me the latest judgement of supreme court and High court on charge Management under section 125 to 139 of the companies Act 1956.

seema arora   21 June 2010 at 10:02

partition

my father expired in 1995 leaving no will all immovable property title has is name am I entitled to ask court to change title to my name and other valid heirs if yes then how different is this process from partition suit