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R_PVK   12 December 2011 at 09:38

Taxation

Dear sir
my mother acquired a Shares of ITC of her brother thru scuession after his demise the querry related to the subject are as mentioned below
(1) my uncle had purchased the shares 1160 nos with face value 1 on april 1984.
(2) he had got twice bonus share once 2320 & agaqin on last year 3480 thus total share held before sucession was 6960 nos
(3) this total share of 6960 was sold by mother after sucession since he died . the value of that had been around 14 lakhs.

pl give the expert advice as how to calculate the capital gain and its tax which is liable as per slab since i am in confusion whether to take market value at the time of my uncles purchase or the market value when my mother got sucession pl give examples with calculation
Regards
R_PVK

RAJESH CHOUDHARY   09 December 2011 at 18:57

Reply experts

plz help me out urgently need specimen of minutes regarding appointment & retirement of directors in private limited company

RAJESH CHOUDHARY   02 December 2011 at 17:49

Law

An overseas company wants to finance the procurement of raw material listed on the NCDEX ( National Commodities Exchnage) for processing and exports through their Indian Associates. But they want to have Clear Title to the raw material till it is processed. Is it allowed under Indian Law and what are the modalities?

Anonymous   02 November 2011 at 03:15

Retirement plan which is entirely exempt from judgments and bankruptcy

Do we have any retirement plan or any kind of trust or scheme in India which is entirely exempt from judgments and bankruptcy?

Something like the Private Retirement Plan mentioned at this website http://www.rjmintz.com/retirement-plans/

Or something like the Married Women’s Property Act, 1874 mentioned at this website http://www.vakilno1.com/bareacts/Laws/The-Married-Womens-Property-Act-1874.htm

Mawlik   23 September 2011 at 17:12

Softex forms


I need to check the frequency at which STPI approves the SOFTEX forms submitted to them. Is it being approved on a monthly basis or an annual basis or at some other frequency..?

If these forms are being approved on an annual basis or at a frequency greater than monthly, then would it make much sense to ensure that these forms are submitted on a timely basis every month. Is there any real risk in delayed filing of these SOFTEX forms.

Need your inputs and help on this a bit urgently.

ravinder   24 August 2011 at 08:25

Non compliance of as-14 in scheme of demerger...

sir .........
my question is that a company in its demerger has not complied with as-14 and regional director has objected on the same in high cour....so what are the cosequences of this non-comliance..?
suggest any legal provision of companies act,1956 or any decided case law on the same matter...if any.?

Anonymous   19 August 2011 at 14:22

Utilising premium on redemption

As per the Sec 80, redemption can be made out of fresh issue of capital. Also share premium can be utilised for issue of capital as bonus share. In such case, is it prohibited, if the share premium is first utilised for issue of capital and on such fresh issue of capital, existing preference share capital be redeemed? The purpose is,if the company does not have enough profit available for dividend including CRR but has share premium available for this purpose. Is this route explicitly prohibited in company Law? If so, why?

natarajan s   03 August 2011 at 11:06

submission of bank documents

sir,

WE are an automobile industry.

Our major sales are exports to the extent of 85 %

we do not have export house status . we are applying for the same

Now the question is that

should we have to root thro all the documents only thro the bank? is it mandatory as per FEMA act ?


submission of SDF form to what extent of the bill value it is not required ?

please clarify

with regards

S Natarajan
Sr Manager Accounts

prabhakar singh   18 July 2011 at 21:53

stamp duty in haryana

sirs,
will you please tell what and by whom stamp duty,if any,is payable on sale of an old motor vehicle for a consideration of 4000/00only in HARYANA??????????

Anonymous   18 July 2011 at 20:55

stamp duty in haryana

sirs,
will you please tell what and by whom stamp duty,if any,is payable on sale of an old motor vehicle for a consideration of 4000/00only in HARYANA??????????