RituparnoC (Retired) 19 September 2009
RituparnoC (Retired) 19 September 2009
Namashkar to all,
i am new to this forum, and i have a few questions.
i hope you will spare a little of your time to answer them.
1) can you tell me in general terms, the procedure i have to follow to register a Debottar Estate in the state of West Bengal?
2) i already know that once an immovable property is attached to the Debottar Estate, it cannot be sold (am i right??),
but what does the law say on the sale and repurchase of movable property (like vehicles, computers, etc) that has depreciation.
3) what are the tax liabilities of the Debottar's income?
4) does the Debottar have to pay any tax on interest earned on Fixed Deposits?
5) can you please tell me, which Act governs the formation and operation of a Debottar, in addition to the Debottar's own Arpannama (charter??)
i am starting this Debottar Estate from the funds generated from seliing my 30 year old house, and the main purpose of the Estate would be "Nitya Puja" (daily puja to the particular God in whose name the Estate was created) and community development, like hospitals, schools, community farming vehicles and machines, and rural infrastructure development within a small area.
i have no knowledge in Law, and no lawyer could answer my questions properly.
i humbly turn to you for guidance.
thank you for your time,
Rituparno.
RituparnoC (Retired) 20 September 2009
does no one know the answer to my questions?
if you can refer me to another person, i can ask him/her
please help me.