LCI Learning
New LIVE Course: Toxicology and Law. Batch begins 21st July. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More



R.Ramachandran's Expert Profile

Queries Replied : 5730

+ View Full Profile

    What kinds of questions I can and can't answer?
    I can handle questions on civil matters, particularly family law related and property related issues, and all indirect taxation matters.

    My area of expertise
    Income tax, company law, customs and excise, accounts

    My experience in the area (years):
    8 years

    Organizations I belong to:
    Self-Practice

    Publications or writing which has appeared :
    Nil

    Educational credentials:
    M.A. LLB

    Award & Honors:
    Nll

  • kumar says : related to job termination and salary
    Dear Sir, I need your help I have joined the company on 08th of feb and had been fired on 03rd of march by giving the reason of insubordination and non-performance which is baseless. I am not on the provisionary period. In my offer letter and appointment letter there is no where mentioned regarding any provisionary period so how they can fire me without intimating earlier. There is nothing written in the offer letter or appointment letter regarding termination or resignation. Second thing they are saying that they will provide only base salary to those working days . My 50% salary is Base salary and 50% is performance based salary. I have demanded that I need one month full salary with compensation as they have not informed me earlier. In the offer letter and appointment letter it is written that if your performance is not said level the I will not entitled to get performance based salary . but this will be decided only after one month and before one month they have fired me. Sir, how would I proceed further. What are the action I can take . Waiting for your quick and positive reply With regards Kumar gautam 09371529269 begautam@gmail.com

  • shailesh says : Please Help
    Sir/Madam, Please help me in my following problem 1. Mr X purchased a land in 1952 in Delhi.Mr. X is have 2 sons and 2 Daughters I.e. Elder Son A Younger Son B Elder Daughter A Younger Daughter B 2. Before 1965 Mr X was living with Younger Son B. 3. In 1965, Elder Son A came to Delhi because he was suffering from Cancer. He was having 2 Legal Heirs i.e. Elder Daughter AD and Elder Son AS. Elder Son A Started Living in the 1/3 of the Property 4. In 1967, Mr. X done a Registered Will in the Name of his Wife Mrs Y. in WILL, he stated that after my death the whole property will belong to her and if she wants she can give the Property to Legal Heirs 5. In 1968, Elder Son A died as he as suffering from Cancer and Mrs Y(Wife of Mr X and) died. 6. In 1969, Mr. X done a another Registered Will invoking the Previous WILL which States that A. Whole Property Owner is Younger Son B B. Legal Heirs and Wife of late Elder Son A will be living as License in 1/3 of Possession and Can be Evicted anytime by younger Son B. Younger Son B was treated as Licensor and Owner in WILL 7. In 1971, Mr. X died. Legal Heirs of Elder Son A i.e. Mr AD has taken the possession(Started Living) in 1/2 of the property. Then There was Oral Family Settlement that Property is divided into Equal Part between Mr. AD and Mr. X . No Written Document was made. 8. In 1977, Elder Daughter A and Younger Daughter B(Other 2 Legal Heirs of Mr X) done a Registered Relinquishment Deed in the name of Mr AD and Younger Son B giving there Whole Ownership Equally To Them. 9. Younger Son B is having 4 Legal Heirs (Elder Daughter BD1, Elder Daughter BD2 , Elder Son BS1, Elder Son BS2) 10. In 1994, Younger Son B died. 11. In 1997, Legal Heirs and Wife of Younger Son B has done there Own Relinquishment Deed giving the property half/half to Elder Son BS1, Elder Son BS2 and also stated that they are having the possession of the Property. But they are actually having possession of half of the Property 12. Sons of Younger Son B are not having any Source of Income so they want to have this property in any way 13. Mr. AD has done the Mutation of Half Property in his name since 1998 and paying the Electricity, Property Bills from Many Years. 14. Also Mr. AD has Revamped(Re-Structure) the home in his Half around 2002. Can anybody help me about Mr. AD can take Title of His Half and What is possibility of wining the Title? Please help us as we are really feeling alone

  • JITENDRA RAMBHIA says : PLS GUIDE
    i am staying in ghatkopar mumbai in pagdi system from 1976, and all rent recipt till date with me . Landlord owner died in 2004 and his son and brother sold property to builder for development and from 4 brother one brother is live and has put case of 1/3 right in property .we has recd notice when this people sold property and rent is to paid to builder and he is collecting rent 6 year .and 2nd notice recd from brother of land lord say ing this cousins have cheated him and sold property .so may also loss of ur house .As i am an tenent and paying regular rent why shld i suffer between them.WHO IS CALLED of property builder who collect rent or person who has filed case.as builder is not communicating as several time contacted here for problem what can i do .and what right an tenant recd during development of building (addition area + corpus fund + rent )from builder .and if any damage is happen in buildng and life goes who is responsible builder or person who has filed case.Kindly let me know waiting for reply from experts . thanking you

  • Ajay says : CIBIL matter
    HDFC bank has made my account NPA illegally,we file a case in DRT and got stay in April 2010,since than case is going against HDFC bank,HDFC has put my name in default list in CIBIL,can bank put our name in default list unless judgement is not passed

  • Satheesh Nair says : MAT
    We are Pvt Ltd company having Automotive gasket manufacturing units in Chennai and Uttaranchal. Uttaranchal is coming under section 80IC and MAT is applicable. We have a common Balance sheet for Chennai and Uttaranchal. Is it possible to calculate MAT and compare with the Income tax paid already paid on the common balance sheet figures, and if the MAT figure is less than the Income tax payable then we need not pay MAT ?? If the MAT figure is more than the Income tax paid figure in the common balance sheet figure, then is it correct to arrive at the MAT payable by deducting from the Income tax already paid which was tabulated including the Chennai account ? Or should we have seperate balance sheet for Chennai and Uttaranchal and income tax payable as per Chennai account to be paid and MAT figure as per Uttaranchal account need to be paid ? Then after 5 years of 100% exemption we need to avail MAT credit when Uttaranchal need to pay Income tax on the 70% profit from the 6th year onwards ? I would appreciate to have detailed reply at the earliest to my query with relevant IT act and rules / section. Auditors are having different opinions and hence we are not guided properly. So your urgent advise is very much appreciated. Some experts advise to convert our Uttaranchal unit as LLP ( limited liability Partnership) to avoid MAT !! We started commercial operations from 01-04-2008. If we register now for LLP can we get retrospective benefit ? In this case should we pay MAT for 2008-09, 2009-10 and 2010 - 11 till date ? If we need to pay MAT for the above period with interest then whether we get any relief if we convert our unit of Uttaranchal to LLP ? our initial 5 year tax exemption period is up to 31-03-2013. Please advise your valuable opinion on this LLP suggession at this stage ?

Comment Please

  

Other LCI Experts


Rajendra K Goyal
Queries Replied : 53581

Raj Kumar Makkad
Queries Replied : 44370

Devajyoti Barman
Queries Replied : 34799