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CA Shraddha Vora   08 June 2015 at 17:45

Will consolidation be applicable to smc companies ?

Section 129(3) mandates consolidation for all companies (including SMCs) subject to Rule 6 of Companies (Accounts) Rules, 2014, whose proviso states that
“in case of a company covered under sub-section (3) of section 129 which is not required to prepare consolidated financial statements under the Accounting Standards, it shall be sufficient if the company complies with provisions on consolidated financial statements provided in Schedule III of the Act.”
AS 21 is not applicable to SMCs.
In light of the above, kindly clarify whether consolidation would be applicable in case of SMCs, having regard to the exemption provided under the Rules.

Devaraj   08 June 2015 at 17:44

inaam land belongs to our grandmother

Sir I need one more information Regarding will for our Grandmother she is 80above And oppositions (grandmother's siste) who involve with tenancy peoples and they waiting for her death To ocupay property..in this matter is will writting will be use full? & Here one clarification I want to give you that. In this case court Deleteted the tenancy peoples and said that in total 6acre 2.something goes to land reformer under land reformer act & 3. Something acre goes to my Grand mother as she is doughter of who granted land by name late Muddaiah, But my grandmother sister involving with tenancy people going to sale the property and asking my grandmother to sign, for this One Lawyer in tumkur Supporting them for this kind of disposes. Actually it has to dispose to two part but that lawyer Who going to sale the property to Politician, going dispose 5 parts one for my grand mother and her sister and one for tenancy people, one for land reformer. But till date we don't know the present status of owner ship, As per my grandmother she applied for regrant but my grandmother sister involving with tenancy people Did that application in pending and make it TA

nisha Gupta   08 June 2015 at 17:21

Ownership of land

My brother has executed an agreement on Rs 100/- stamp paper for purchasing a plot for shop at Kashipur, Uttrakhand. In the influence of a mediator without asking any land document.

Later we found that the Khasra No. of the plot belongs to the Government Road(Rasta).

In Khatoni it belongs to the वर्ग 13 (ड़) as barren land with the Khata - Khewat as present owner name . (Khasra and Khatoni are attached as a zip file) OR can also be downloaded from scribd at https://www.scribd.com/doc/268013014/khasa-and-khatoni

Kindly let me know the ownership of land is correct or not. Should We proceed further for registry of land or not.

MAHESWAREE SWAIN   08 June 2015 at 17:14

Cheque bouncing- jurisdiction of courts redefined

hello experts ! now i want to know that is there any alteration on the judgement of the = Dasarathi Rupsingh Rathod Vs. State of Maharastra 2014(9) SCALE 97.
if yes then please give me the citation.
i have an information that supreme court clarifies territorial jurisdiction that in cases of dishonour of cheque, only those courts within whose territorial limits the drawee bank is situated would have the jurisdiction to try the case.

Vineet Sharma   08 June 2015 at 17:08

Basic pay protect

Respected sir
I was working in Shri mata Vaishno devi university jammu under UGC act 12 (b) and 12 (f)as state university thr i was working as junior engineer in same grade pay of 9300-4200-13500 in getting basic pay 16710/- after working thr i was appointed in central university of himachal Pradeash as direct recuirt through proper channel here in this organization they have not protect my basic is thr any rule so that i can submit them for my basic pay protection
please help me with some solid grounds i will be higlhy thankful for the act of helpness

vineet sharma

MAHESWAREE SWAIN   08 June 2015 at 17:07

Cheque bouncing- jurisdiction of courts redefined

hello experts ! now i want to know that is there any alteration on the judgement of the = Dasarathi Rupsingh Rathod Vs. State of Maharastra 2014(9) SCALE 97.
if yes then please give me the citation.

Mayank Arora   08 June 2015 at 17:03

Tax evasion by consultant

Hello Experts,

I am a freelance teacher. A college approached me through a consultant and I joined there. The college pays the consultant and then the consultant pays me. When the time came to pay the money, the consultant insisted I take cash payment.

I was promised a payout of Rs 2000 per class NET on an SMS from him. I assumed this to be the amount after deducting TDS. Now the consultant is saying that he runs this business on the side and that he doesn't have an actual firm, so he will give me 2000 per class in cash. I declined saying that I want the money officially after tax deduction. So basically, Rs 2000 after deducting 10% TDS. He is not ready to give the increased amount either (Rs 2,222- so that I can pay the tax if he can't). Now the question is-

1) I have detailed whatsapp chats with him where he says that I should take money in cash since everyone else does it that way and that I'd be getting Rs 2000 only and that I don't have any other option.

2) He says that by "NET", he meant that college has deducted his TDS. Obviously, if tax is not deposited in MY account, then its not net.

3) This person is working in a reputed company and is running a business on the side without any business entity. Clearly, he has evaded a lot of taxes. College pays him money in his savings account and he pays everyone by cash. He has accepted this multiple times on whatsapp.

What should I do now? How can I complaint against this?

balu   08 June 2015 at 16:53

Original property documents not taken back possession from court.

Hello experts,

I have query regarding property documents which was submitted in original to the court during the suit made by the seller during the year 1985-1993. The court gave judgment in the our favor(buyer) during 1993. But we forgot to receive back the original property documents including the original parent documents. Now when we wanted to do the partition. It is owned by 6 brothers. When contacted about the case records, it was destroyed. Could you please guide as to:

What steps need to be taken for documents not received back from the court

Rakesh chopra   08 June 2015 at 16:32

Divorce

Hello sir,

My wife has filled Divorce case in 2015 jan 1, after that registered post sent to my old rented house 2 time which i have already leaved in aug 2014.
1) summons for info of divorce case
2) Info for given advertisment on news paper name "Daily aashina"
now i got to know by ecourt website all matters of divorce.and next date3 oct for evidance and EX party order.
pls suggest what is rules of giving advertisment related to EXparty divorce case.

rupesh mirajkar   08 June 2015 at 15:50

Passport application

Dear sir,

my colleague recently applied for passport. She is married for past 9 months but she has yet not applied for marriage registration. She initiated for passport and address mentioned in her passport application belongs to her fathers residence. Now local police verification team is insisting that she mentions her husband's address in passport. But owing to absence of marriage certificate she cannot mention it.

Kindly advice.