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Vineet's Expert Profile

Queries Replied : 618

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    What kinds of questions I can and can't answer?
    All querries related to Direct Taxes, administration of direct taxes, Search and Seizure Matters, Accounting, Hindu Undivided Family, Financial Management, and other allied laws in so far realted to taxation isues.

    My area of expertise
    Income and Corporate Tax, International Taxation, Management Consultancy, Accounts, General Law

    My experience in the area (years):
    I am an Ex-IRS officer having worked at various senior positions in the Income Tax Department.

    Organizations I belong to:
    Presently I am woring with Reliance Capital Ltd as Vice President (Business Development, Legal and Administration)

    Publications or writing which has appeared :
    I am the author of section 25B of Income Tax Act which was introduced in 2000 on my recommendation. Various articles on Electronics, financial management published in journals during college days.

    Educational credentials:
    MBA (Finance), B Tech (Electronics and Communication)

    Award & Honors:
    1. Finance Minister Gold Medal for being adjudged Best Officer of IRS Batch. 2. PPL Gold Medal for Best Officer of Foundation Course for all Civil Services. 3. IIT Gold Medal Top Rank in MBA 4. University Gold Medal Top Rank in B Tech

  • Bashir A Zaroo says : Sales
    Sir I am a FMCG Dealer, due to new GST laws we are confused that if we sell goods to our customers are we liable to keep record of their transactions & PAN card and if we can sell googs to un registered GST customers. kindly assist me that: 1. what is the limit of Cash Sales in a day to a single customer, 2.how much cash or chq (or both) can we receive, 3.Is name & address of the customer mandatory in the cash memo/bill and upto what amount.

  • Bashir A Zaroo says : Sales
    Sir I am a FMCG Dealer, due to new GST laws we are confused that if we sell goods to our customers are we liable to keep record of their transactions & PAN card and if we can sell googs to un registered GST customers. kindly assist me that: 1. what is the limit of Cash Sales in a day to a single customer, 2.how much cash or chq (or both) can we receive, 3.Is name & address of the customer mandatory in the cash memo/bill and upto what amount.

  • DR SURESHA G says : Property Issue
    Dear Sirs I have a quiery . I will appreciate if the club members give their valuable opinion . My meternal Grand father is Late H Sanna Somappa Died in March 1975 My Grand Mother is Late Gangamma Died in June 1997 They have 10 childrens 1.H S Hanumanthappa -Died in March 1985 at the age of 52 years -Married 1955 2. H S Parvathamma Alive - with 3 Childrens age 72 years as of 2015-Married 1956 3. H S Revanasiddappa Died in 2004 at the age of 62 years - 3 Childrens (1 Expired ) -Married in 1966 4. H S Nagarajappa Died in 1996 at the age of 51 years - 5 Childrens Married in 1966 5.H S Jayamma Died in 2012 at the age of 66 years -5 Childrens (1 expired ) Married in 1959 6 H S Heggappa Died in 2006 at the age of 59 years -5 Childrens Married in 1968 7. H S Sharadamma Died in 2009 at the age of 60 years -4 Childrens Married in 1966 8. H S Bharamakka Alive age 64 years -3 Childrens Married in 1966 9. H S Rathnamma Alive age 63 years -2 Childrens Married in 1970 10 H S Gangamalamma Alive age 61 years -4 Childrens Married in 1975 Late H Sanna Somappa had property as follows 1.56 Acres of Irrigated land in Hale Kunduvada Davanagere City Carporation . Which is worth of 56 Crores as of 2015 property value 2. Khana Koppalu in Hale Kunduvada Davanagere City Carporation . Which is worth of one Crores as of 2015 property value 3. Houses in Hale Kunduvada Davanagere City Carporation . Which is worth of 50 lakhs as of 2015 property value The above three properties are distributed only among 4 male childrens 1,3,4 and 6 in 1980 ignoring the female childrens The legal heirs of 1,3,4 and 6 sold few properties The quiery is Is there any chance of getting shares for 2,5,7,8,9 and 10 Daughters of Late sanna Somappa (The alive and the legal heirs of deceased) If so could you please advise how to approach Awaiting the response from the member friends Dr Suresha s/o Late H S Sharadamma .(7th legal heir of Late Sanna Somappa)

  • n d shah T says : Gift tax query
    Sir, Request you to clarify my doubt about Gift Tax. My sister wants to gift me (my family/HUF) her flat. As I know that I have to pay stamp duty and registration charges, but what about Gift tax? It is exempted in blood relation, but is it same if given to my HUF? Thanks

  • Prateek says : sir plz write your valueble comment on this
    http://www.lawyersclubindia.com/articles/Consumer-Protection-Act-Branch-Office-4416.asp Prateek Handa 9027277736

Comment Please

  

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