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Neeraj Kumar Giri   24 May 2014 at 16:22

Transactions

Dear Experts, kindly advice me.

1. What is the purpose of opening a current account in Bank?
2. What are the formalities or rule for opening a current account?
3. If anybody does not have any trade license and tactfully doing a huge transaction in that particular Bank without appropriate reason, and transferring amount from his bank to other parties, and receiving huge amount in his Bank account from his debtors in this case his transaction is of rupees 80 Lakhs but he showing just rupees 25 Lakhs in his Income tax return in this point is he violated any law or rules of Income Tax?
4. I just want to know that if he unable to prove the genuineness of the transaction, what the Assessing Officer can do in this particular case of huge transtion?
kindly advice me which section of Income Tax he is violating?

thank you.

Mohan Mandelia   24 May 2014 at 16:02

Notice issued u/s 340 cr.p.c.

On written complaiant when concerning court issued notice under sec 340 Cr P c to the non applicant, after receiving the reply of non applicant court can dismissed the complaiant or forwarded to JMFC court for further action as per law.which procedure court can be adopt The matter is suppresed high court order and obtain order in his favour by the non applicant.

BISWAJIT SENGUPTA   24 May 2014 at 15:35

Gratuity

Dear Sirs,

I am an Executive Officer of a Company which is declared sick by BIFR on Sept'2011. The company was running under suspension of work since Nov'2005. The Company has not opened but sanctioned revival of scheme by BIFR. Some representative of the company ask me to resign from the company. Sir I want to know whether I am eligibile to get Gratuity till the date of my resignation or the date when the BIFR declared the company as Sick?

Regards

BISWAJIT SENGUPTA

sandeep rane   24 May 2014 at 14:49

Notice under section 80 cpc

If the Government employee has retired from service then in that case is it necessary to give notice under section 80 CPC before filling Civil Suit for Possession?
Thank you.

sandeep rane   24 May 2014 at 14:43

Notice under section 80 cpc

If the Government employee has retired from service then in that case is it necessary to give notice under section 80 CPC before filling Civil Suit for Possession?
Thank you.

Vishwanath   24 May 2014 at 14:43

Real estate

Dear All,
I had paid an amount of Rs.180000 as booking amount for a site with a real estate developer(company). Due to their false promises, I preferred to cancel the booking and applied for refund of the booking amount. With much difficulty they refunded 50000/-. It's been more than eight month from the date of my application for cancellation and refund. They have been prolonging to refund the remaining amount of 130000/-. Does it amount to deficiency in service on their part and am I entitled to approach the Consumer Forum in respect to the said issue. Kindly advise.
Regards,
Vishwanath

Shrikant   24 May 2014 at 14:10

Is "declaration cum indemnity" can be cancelled?

Hello Experts,

I need information that, can the originator cancel registered "Declaration cum indemnity" document? if yes then what is procedure and tentative time it takes? Please help!

Kavindra   24 May 2014 at 10:22

Bailable warrant in defamation.

Kejriwal was served summons but did not appear in court. Then he was issued a Bailable Warrant on which he appeared but refused to take bail which was easily available under CrPC 436. Left with no alternative, the court had to send him in judicial custody. Now Arvind Kejriwal blames Modi and Gadkari for jailing him. Is he justified to do so? Isn't he himself responsible for his jailing? Comments please.

Kavindra   24 May 2014 at 10:17

Chakbandi in u.p.

What is Chakbandi? What does Jot Chakbandi Akar Patra 23 stand for? Thanks and Regards.

Ramesh   24 May 2014 at 09:40

Grandmother's property

Dear all,
My grandfather and grandmother (parent's of my mother)died few years ago. Now there is some amout in my grandmother's bank account.MY mother also died few years back. I have two aunts(sisters of my mother. Now they are claiming the amount. Does i have any right to take my part or my sister can.