Eswar
10 June 2008 at 21:22
We had some ancestral property. We had an agreement with the society (name not mentioned) to sell at a nominal rate in 1970's. Govt said we cannot sell as we have excess land. GO was passed after 20 years to sell the land(retainable) and society approached us to register us the lands in their names. They promised to give nominal amount slightly higher than what was agreed upon in 1970's. we agreed on moral grounds. Now the govt is asking us to pay the taxes on the govt rate.
Govt rate was around Rs. 6000 per sq yd and we sold it for Rs.65. Now govt is asking us to pay the tax amt of Rs 1 crore 20 lakhs as there was an amendment in the law done sometime in 2004 or 2005 where the law says that we need to pay the tax even if we sell the land for a lower rate than the govt specified rate or give the land as a gift. This is Andhra Pradesh. Please advice on what needs to be done to come out of this situation.
jitu
10 June 2008 at 21:17
whether blanck cheque attract prosecution? if no plz give some judgement
jitu
10 June 2008 at 20:34
Several high courts in india had ordered to perform narco analysis of accuse however all the orders are stayed by hon"ble apex court. Now in this cercumstanes what would have been position of the trail court to deceid the question of narco analysis
Harry
10 June 2008 at 14:22
Hi, we are a consulting organization based out of Gurgaon, we are looking for a tie up for the following:
Real Estate Taxation Laws
Representation in Consumer Courts
N Thiruneelakanden
10 June 2008 at 13:12
I am practicing lawyer in Salem of Tamilnadu from the year 1998. Can i get a LPO job in Chennai or Banglore. what are the qualification to do this work. As i am a fresher in this field is there is any trainning.
jhanvi
10 June 2008 at 12:43
Dear Experts,
This is my query in reference to the CMS ATM CASE happened in vadodara wherein the victims are blamed for the fraud of 1 crore. Want to know about the future of this case. Also if u can guide whether they can be released through bail request or intrim bail in High Court. Requesting your kind comments on it.
Thanks & Regards,
Jhanvi
Varun Jani
10 June 2008 at 08:46
I am going to appear Combined Gratuate level examination of staff selection commission.
so any negetive marking in this examination?.....and calculator is allowable or not?Kindly suggest me.
And anyone give me any material for the same.my E-mail ID is janivarun04@gmail.com
Thank You in Advance.
satbir
10 June 2008 at 07:54
i have cleared ca final and wants to do taxation work in direct taxes and indirect taxes.can any body give me e-mail address of professionals to whome i can contact in this regard
thanks
:::Ajit:::
10 June 2008 at 05:38
Suppose an Advocate possesses CS as well as ICWA . While practising as Advocate, can he go for private practice in the other two professions? If not, can he do so for a social cause and /or on charity of course with the approval of the regulating authority and Govt.?
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Retainable land
What is retainable land under Andhra pradesh state law? Do we need to pay tax for selling retainable land in Andhra pradesh?