what is the pecuniary jurisdiction of the karnataka small causes court?riven
Sir,
The company as given loan to directors in financial year 2005-06 and it was recoverd by deducting from remunaration in the next finacial year 2006-07.for that the ITO says that the company is closely a private company and in that year the profit is about 15lac and the director holds 79% share in the company so as per ITO provision of sec 2 (22) (e) of the act the above loan is to be treated as deemed divided.so there is decision from high court & supreme court for the above section that Sec 2 (22) (e)
Thanking you
Hussain
riven
Dear Sir,
Please add another Question to my earlier queries raised in connection with Sale of Agriculture Land--
e. Will the Sale of Inherited ( from Parents ) Agricultur Land attract any Capital Gains Tax ? If so, how is this to be calculated ? The Land was inherited by me from my parents who in turn inherited from my Grand Father after his demise in 1952. My Grand Father inherited it from his father about 80-90 yrs ago.
Major Bhupal Singh ( Retd.)riven
Dear Sir,
I am a retired Army officer,aged 73 yrs.
InApr09,I sold some Agriculture Land ,
inherited from my parents,who are no longer alive. This land was alloted to my Grand Father in 1949, in lieu of land left in Pakistan.I have only 2 sons.My wife expired in 2007. The entire amount was deposited in our HUF Acct.Out of this, I gave 1/3rd to each of my sons by cheque(to their NRO Accts) as their share & I took only 1 Lakh.Balnce in HUF Acct was put in HUF FDs. All of us Income Tax Assessees, have been allotted PAN & file our IT Returns regularly. My sons & myself also put our respective amounts in Bank FDs. Please advise on following---
a. Is the Sale Proceeds exempt from I.Tax
or is it taxable ?
b.Is the amount given to my sons & myself
to be shown in IT Return as Capital
Receipt(inherited) & thus IT Exempt in
Exempt Income Sec of ITR or is it to be
shown as Income FromOtherSources & thus
added to the Gross Income for calcu-
lation of Income Tax ? Or should we show
it as Gift from HUF ? Is Gift from HUF
legally allowed ? The aim is to legally
reduce the I.Tax to barest minimum.If is
is to be shown as Gift, what documents
should we keep in file in support ?
c.Will the Interest on FDs be treated as
HUF Income or our Respective Income ?
2.The HUF Acct is being maitained since last about 10 yrs and only Farm Income was being deposited in it. The Income was being
put in Bank FDs & interest earned was added
in the IT Returns every year.
3.I will appreciate an early advice to enable us to work out the Advance Tax etc in time & deposit the same by due date.
Thanking you,
Sincerely Yours,
major Bhupal Singh ( Retd.)riven
filed a complaint against proprietor firm. The name of the proprietor is typed correctly but the name of proprietor firm is typed wrongly both in complaint and evidence affidavit. the said mistake was recognized at the time of cross examination. can such mistakes be rectified??? if possible please provide case laws.....riven
Wife does not have any income proof of his husband so getting very meager maintenance u/s 24 of Rs.1000 only whereas her expenditure is around 5k and her husband is earning around 50k per month and have four wheelers and two houses in chandigarh. how she can findout the income proof.riven
On what grounds now a days bail can be cancelled.
Coz one of my clients husband was brutely murdered and all the accused were convicted but they file the appeal and get the suspension of sentence in the meanwhile.
Now they r moving around the house of my client. I have applied and court has grnted police security also.riven
In a love marriage case. Husband run away from home after 2 year and file the divorce case in another city Delhi far away from matrimonial house. Girl file the DVA application and maintenance case in Delhi and demand shelter coz her parents did not allow her to come back.
At the time of reply Husband withdrew his case and again the Delhi and ran away in other state of Punjab. Now how the girl can get the maintenance and DVA relief coz she is helpless and alone and require relief immediately.
Regards
riven
stay for tv serial
Respected sir,
my query is below,
i am file civil suit for stay for stop tv serial one mythology serial,becouse in that part of role of actors,show different means not show look propers,(example in lord shiv show in tv serial like saibaba in look out)our sant show different look out,so file civil suit for above subject,civil judge,say we have not power give you stay & show provision section i give you stay? please help me for provision & give related authority.riven