BHUPAL SINGH
02 October 2009 at 10:50
Dear Sir,
As I understand from the recent Min of Finance notification reg Gift Tax--
a. Close relatives(father,mother,brother
sister etc) can give both property &
cash as gifts without any limit.
b. Non-relatives or distant relatives
can give tax free gifts both cash and
in kind only upto value of Rs 50,000/-
Above Rs.50,000/- gifts in this case
will be considered as "Income From
Other Sources" and taxed in the hand
of Donee.
Is my interpretation correct ? If NOT, can some learned Lawyer give correct interpretation ?
I shall be highly obliged for this.
Thanking you,
Sincerely Yours,
Major Bhupal Singh ( Retd.)
Presently in Australia
SRY
02 October 2009 at 10:42
Myself,my brother and our uncle(my dad's brother) are directors in a pvt. ltd. firm in Pune.The premises where we manufacture belongs to my father in MIDC.It was mutually decided that me n my brother would resign from the firm and uncle would keep the firm but vacate the premises.My father wants us to resign only after my uncle vacates the premises and uncle wants us to sign before he vacates.My father has the fear that uncle will not vacate once we resign and uncle has the fear that we wont resign once he vacates.
Uncle has been handling transactions of the firm and we assume fraud activities since want to get rid of it ASAP so that we have no liability.
My Questions-
1)Any way-out so that both parties are satisfied?
2)Since me and my brother form majority,what rights do we enjoy to teach my uncle a lesson?
3)Is it possible to suspend a director in pvt. ltd. co., if yes how?
Regards,
Sanjay
sanjay kumar patibandla
02 October 2009 at 09:30
One witness deposed that he observed the accused 1 to 8 form the window at mid night 3 o clock. But he never deposed regarding light. I too never questioned him regarding light.
please send me the relevant citations. Entire my case is depended upon this issue. case is under section 458 of IPC
raja athimoolam
02 October 2009 at 09:11
'A' executed a sale deed to 'B' without title. Title to the property is with 'C'. Whether 'C' can execute and register a cancellation of sale deed in regiterar office? please guide
vaibhav negi
02 October 2009 at 07:54
Recently i have made an agreement and payed 2.5 lakh ruppes as bayana to the property dealer, and have taken a two months time for final payment. for 20 x40 size plot. he said that this area comes into R3 land, Also he made pressure that the property that i am buying is going to be price higher than that amount i am giving. Also he is not a real land owner he has an agreement with the original land owner in which he have to pay the toal cost of land in three months, during this time the poperty dealer is searching for the buyers in the market.but after made payment of 2.5 lakh, next day i know with some other resources that the land that i am buying not comes in the R3 land but it is described as a 'park' in land usage in MDDA master plan. what i do? is there any method to refund the bayana of 2.5 lakh. could i case a file? or any illegal method because i can do anything for it.
davinder
02 October 2009 at 06:39
i am charged by electricity department, but i have no knowledge of technically what to do, therefore i appoint a technical special representative to proceed behalf of me and give power attorny to do all the things behalf of me, but the officer of that department disallow my representative to talk and make pressure on me to come & talk,but i am not able to do so.therefore i want to know that what action should i take on that officer
Ravi
02 October 2009 at 02:33
I am an IAF officer. In 2001 I had constructed a 1200 sqft house through a builder. Last year I got the house renovated and extended to 1900 sqft through the same builder. There was no official contract, only goodwill and trust in doing the job. Though he had promised completion of job in 6 months he took almost an year to complete the job. Within a month of my shifting into the house, the walls developed cracks due to poor quality of plastering material, there was heavy seepage in all the rooms and the tiles (vitrified) started cracking and sinking). On top of that he presented me a very overinflated bill for the work. To give an example, a cost of tiling was charged as Rs 30 per sq feet, in spite of the fact that I had purchased the tiles myself. The market cost for tiling is 5-8 Rs depending on place. In spite of my bringing these to his notice, he has neither changed the bill, noe corrected the flaws in the construction. Is there any organisation or agency which can help me to assess the damage done to my house due to faulty construction and also be able to assess the correct cost of work done?? What are the legal options??
yeteendra naidu
02 October 2009 at 01:25
author : yeteendra naidu
Posted On
27 September 2009
my cousin brother is an NRI in DUBAI from the past 27 years.he bought a plot in a co-op society with his own EARNINGS/ money, from his brother-in-law
but registered it on his wife's name in the year 1992. since 2002 she is staying with her daughters who are studying & staying alone in USA. recently we came to know that she has sold the plot without the consent of her husband.
at the time of purchase she was on a dependent visa and a housewife.our enquiries revealed that a builder has purchased and entered into a registered agreement of sale and as of now there is no sale deed is registered.
will the husband get back his property
by going to a court or is it that the property since registered in her name she gains a right to sell. please suggest a way out to claim the lost property by the
person who paid for the transaction and has got written and documentary evidence to prove the transaction/purchase.
is there any option or way to recover his
property sold clandestinely by legal procedure or not. moreover she has emptied the locker which was in joint names and taken away all the jewelry, procious stones and
other valuables along with the documents of the plot.
Abdul Aziz
02 October 2009 at 00:21
Hello Sir,
Please suggest me on below issue.
Below is the written complaints given to Managing Committee.
-------------------------------------
Sir,
This is to inform you, I and my family staying at Flat #, Bldg # are facing water leakage problem since last one and half year, from the above said residence and informed the same to the resident owner however the owner doesn’t co-operate and adamant that I should bear the cost on my own to fix the leakage even if the leakage is confirmed from his residence.
His Water tank over flow pipe is located at the entrance of his kitchen which when left open to overflow for sometime, the excess water that’s gets accumulated at his bathroom floor start dripping continuously. In the past and even now when the owner and his family are out on vacation the leakage happens continuous due to the overflow pipe location and his vulnerable bathroom flooring. I again affirm that the leakage is from above flat which I can prove during the NMMC Water timing, if unproved, I will bear the entire leakage fixing cost at my own.
Although in the past the owner refused to bear or share the expense which I incurred twice to cement the gap of his bathrooms vulnerable flooring tiles and once with the owner consent decided to retile his bathroom floor, however the next day he refused to allow us to carry out the work when I had the material and labor in place and b’coz of which I incurred the loss and the leakage still exist. The owner has become habitual to not incur the expense even though the leakage is from his residence.
A similar incident happened in the past where leakage was occurring from water pipe of my residence to Flat # and the society made the decision that the leakage should be fixed at my cost since the leakage is from my residence, however after showing them the leakage source the society accepted and fixed the leakage at society cost since the leakage was from external water pipe. Hope similar decision will be followed when the issue will be confirmed.
Request for your kind co-operation to assist me to get the leakage issue resolved amicably from the owner of the residence at his cost and also reply me in writing about the society's stand on this issue in a week time or at the earliest.
Thanking You,
------------------------------------------
Below is the reply from the Managing Committee.
We refer to your letter dated ***
Your allegation of water leakage alone from flat # doesn't hold good as the same was inspected and found that flat # wall is also damp and is in bad condition.
The contention of your letter was deliberated and discussed by the committee on date *** and are of the opinion.
It is well settled principal and practise that all interior works within the flat are being carried out by the respective individuals. Society will be able to bear expenses of exterior of the building and common areas depending upon the need and urgency considering the availability of funds.
Hope the matter is clarified.
------------------------------------------
In consideration with above reply from managing committe i have replied to them with another written letter saying i can prove the leakage is from above residence failing to do so i'll bear the entire cost of repair to fix the leakage.
The Managing Committee didn't inspect at my place before giving the above written reply. Also the reply is written by the defendant and signed by Managing committee.
-----------------------------------------
Please help me to understand the law of the above concern. Ours is Apartments Owners Association registerd in Thane district. The governing body is CIDCO and Corporation is NMMC.
Thanks for your valuable time and appreciate your suggestion on the above issue.
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No Objection Certificate
Hello Dear Advocates
I am not native of Pune. I am residing at my relative's house in pune. I want to take vehicle in pune and for the registration of bike to RTO i want NO Objection Certificate from Owner.
As i m residing with him and no objection to regi. bike on my add.
Plz Plz Send me format if any of NOC.
Urgent...
Waiting ....
Regards.............CS Sandip