Anonymous
06 April 2010 at 10:42
I am a housewife and a non taxpayer. During Fy 2004-05, I had purchased a residential plot which I sold in Fy 2009-1010 and purchased a residential flat seeking full Capital Gains tax exemption under Section 54F and 54EC by buying a residential flat and NHAI bonds from the entire 'Net Consideration'. My query is, since I am in need of funds and intend to sell this residential flat in Fy 2010 – 2011, could you advise me on my tax liability by this transaction. My details are; Cost of plot(indexed): Rs 25,61,756.00 (including stamp duty); sale price of plot (Fy 2009-2010) : Rs 60,00,000.00; Cost of newly purchased residential flat : Rs 56,93,000.00; NHAI Bonds purchased for : Rs 3,25,000.00. Likely selling price of the newly purchased residential flat: Rs 56,93,000.00
In hindsight, would it have been wise for me to NOT to have re-invested in the residential flat and paid my tax then (Fy 2009-2010) and utilized my balance amount or the course of action which I intend to take now, as explained above, would prove to be a financially wiser action.
Anonymous
06 April 2010 at 09:37
Kindly any one tell me the how much moony required to send notice as well file case and other expences.
I am not in possition to spend more moony, i want send notice for settlement against company (Settlement around 10-15K)
so, any one sugest the ways to get my moony back with minimum expenses.
SUBHASH SHARMA
06 April 2010 at 09:36
ONE OF MY CLIENT WHO HAVE POWER OF ATTORNEY & RELINQUISHMENT DEED OF RESIDENTAL HOUSE IN HIS NAME AND HIS ELDER BROTHER’S NAME JOINTLY WHICH WAS EXECUTED BY HIS FAHER AND MERRIED SISTER (PROPERTY WAS IN THE NAME OF HIS MOTHER WHO IN NOT ALIVE).
FATHER REMARRIED AND LIVING SEPARATELY.
SISTER IS ALSO MARRIED.
NOW FATHER AND SISTER BOTH CAME TO MY CLIENT THREATENED HIM AND EXPELLED FROM THE HOUSE.
ALL ORIGINAL PAPERS ARE LYING WITH MY CLIENT NOW BOTH FATHER AND SISTER ASK THE ORIGINAL PAPERS FROM MY CLIENT.
1) WHAT SHOULD HE DO NOW KINDLY SUGGEST.
2) ATFTER THE DEATH OF THE MOTHER OF MY CLINET. THEY SHOULD HAVE FILED FOR SUCCESSION CERTIFICATE.
3) POWER OF ATTORNEY IS VOID OR NOT.
4) CAN FATHER AND SISTER WITHDRAW THE POWER OF ATTORNEY AND RELINQUISHMENT DEED.
5) WIFE OF MY CLIENT IS PREGNANT BUT SISTER OF MY CLINET WHO IS INSISTING TO GRAB THE PROPERTY IS THREATENING , ABUSING AND BEATING MY CLIENT AND HIS WIFE.
6) SINCE WIFE OF MY CLIENT IS PREGNANT MY CLIENT LEFT HIS HOUSE AND LIVING SEPARATELY HE LOCKED HIS HOUSE BUT SISTER AND FATHER OF MY CLIENT MAY BREAK THE LOCK ANY TIME.
7) FATEHR AND SISTER OF MY CLIENT COME TO MY CLINET CAME TO THE TENANTED HOUSE WHERE MY CLIENT IS LIVING THEY THREATENED THEM AND TRIED TO BEAT THEM.
8) SISTER AND FATHER OF MY CLIENT ALSO INSISTING MY CLIET'S WIFE TO GET 10 LACS RS AS DOWERY.
5) MY CLIENT ALREADY GIVEN THEM RS. 5 LCAS TO GET RID OF THE PROBLEM BUT SHE IS STILL INSISTING FOR MONEY AND PAPERS OF THE PROPERTY.
KINDLY SUGGEST WHAT TO DO.
d
06 April 2010 at 09:21
my grandmother has 4 sons, they have inherited a plot of land.
the plot of land is in the form of a rectangle, the width of which is along the main road and the land goes away from the main road along its length.
the land has been divided along its length such that my dad, who is the youngest, has got the piece which is farthest from the main road.
my dad has built a house in it, whereas his brothers havent yet.
since the starting there was a common understanding that everybody will use a common 8ft path to come to the main road.
we have been using it for the last 12 years.
Now rest of his brothers are planning to sell the land and are telling my father that they will not give him access to this path to the main road as they will sell it.
behind the plot there is a 2-3 ft small gully, which they are telling us to use. this gully is not connected to the main road.
what should we do. we feel cheated.
Anonymous
06 April 2010 at 09:15
I am filed pettiion for death registration dated 11.12.1935. But JM Returned my petition reason for how this petition is maintainable, death was before independance, and she ask citation Pls answer me
Anonymous
06 April 2010 at 09:04
IF A MATTER IS DECIDED IN THE LABOUR COURT OF MUMBAI AND THE PARTY AGAINST WHOM THE ORDER IS PASSED WANTS TO FOR AN APPEAL WHERE SHALL THE APPEAL LIE UNDER WHICH SECTION.
ravinder bhanwala
06 April 2010 at 08:59
whether a marked ( not exhibited) document can be read in evidence ?
Sanjay
06 April 2010 at 08:56
My brother who is residing in USA would like to gift his flat in INDIA to me, but he is unlikely to come over here for execution of any documents.How should we go about it?
Anonymous
06 April 2010 at 08:51
We have purchased a flat one and half years back. Today morning, the kitchen slab came down along with the ceiling fan.
Is society liable to pay the damages as the whole slab came down?
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Cheque bounce NIA section 138
The basic feature of this matter is:
X files case u/s 138 against Y for cheque- bounce alleging that the bounced cheque were issued by Y as interest (Rs.1.5L) of the principal amount(Rs.25L).
On cross examination X says that the principal amount was routed by a third party Z though his account and X did not have any source to arrange principal amount. (X was in government service and did not have licence to lend).
I would like to know whether X would succeed in this case? A related judgment may please be cited.