Validity of document
hitesh daswani
(Querist) 15 October 2016
This query is : Resolved
Is there any law for documents validity after death for e.g. "A" signed a cash voucher (rent receipt) of Rs. 3 lac then after 6 months he dies then his son sued against tenant. Tenant submits the receipt to the court is it valid document?
Is there any law for limit of cash received in one transaction?
Guest
(Expert) 15 October 2016
If A is the Legal owner of the Premises the voucher is valid and the son should obtain the Legal heir certificate and legally entitle him self as owner of the Rented premises. Even then he can not deny the advance amount received by his father A.Only an mutual settlement peacefully would help the A's son and by going to Court the Tenant's Side would be strong and the case filed by A's son would be a never ending story atleast for 10 years.
hitesh daswani
(Querist) 15 October 2016
N.J.S.Rajkumar alias narasimha sir he is showing cash payment of 300000/- as advance rent but rent agreement is already expired 4 month before the date of cash voucher after that no agreement was done. And son has no idea about cash receipt.
adv.bharat @ PUNE
(Expert) 15 October 2016
Then it is not valid. Since no valid rent agreement against the cash payment .
ADV-JEEVAN PATIL, MUMBAI
(Expert) 15 October 2016
Rent receipt is valid even if father dies.Receipt is proof of rent given will not die. Present yr case in Court properly, it is acceptable.
ADV-JEEVAN PATIL, MUMBAI
(Expert) 15 October 2016
Rent receipt is valid even if father dies.Receipt is proof of rent given will not die. Present yr case in Court properly, it is acceptable.
Rajendra K Goyal
(Expert) 15 October 2016
You asked:
Is there any law for documents validity after death
Reply:
Handwriting / signatures need to be confirmed by comparing by handwriting expert on the basis of his authenticated signatures / handwriting.
You asked:
Is there any law for limit of cash received in one transaction?
Reply:
Income tax Rules / law has fixed limit Rs. 20,000/-
Section 40A(3)(a) of the Income-tax Act, 1961 provides that any expenditure incurred in respect of which payment is made in a sum exceeding Rs.20,000/- otherwise than by an account payee cheque drawn on a bank or by an account payee bank draft, shall not be allowed as a deduction. (copied)
Exceptions 6DD.
Please visit following link:
http://taxguru.in/income-tax/income-tax-payment-of-more-than-rs-20000-amendement-in-rule-6d-of-the-income-tax-rules.html
Kumar Doab
(Expert) 15 October 2016
You can benefit from the advise of experts.
Rajendra K Goyal
(Expert) 15 October 2016
You said:
he is showing cash payment of 300000/- as advance rent but rent agreement is already expired 4 month before the date of cash voucher
Reply:
Rent can be paid in advance without / before renewing / executing rent agreement.
You said:
after that no agreement was done. And son has no idea about cash receipt.
Reply:
If rent agreement is not renewed / pending renewal, rent is being paid and accepted by landlord, tenancy is not terminated.
Rajendra K Goyal
(Expert) 15 October 2016
If you think that the rent receipt is forged / fabricated get it checked through handwriting expert.
R.K Nanda
(Expert) 15 October 2016
Nothing to add more
