MADAN B ATHAWALE
This Query has 1 replies

This Query has 1 replies

12 November 2018 at 17:45

Submission of trust accounts

WHAT IS CORPUS CERTIFICATE AND SPECIMEN FOR THE SAME REQUIRED


Asim Ahmed Shaikh
This Query has 4 replies

This Query has 4 replies

Hi, this may not be related to CA but I guess this group can be of help to me. I had PAN card with name as SK ASIM and all documents has full name as Asim Ahmed Iqbal Ahmed Shaikh. So as per PAN name my bank account name is same as SK ASIM. For a reason, I had to correct name on PAN card to full name and now the new PAN card as well as on other documents the name is Asim Ahmed Iqbal Ahmed Shaikh. Now I have 2 PAN cards with same PAN (number), however, the bank is not ready to update/correct my name and asking me to apply for change of name in Gazette. Actually my name is not changed, its same in the income tax department from beginning. Its just the name reflected on old PAN card was initials and now the full name. Though I have produced my original IDs in bank they are forcing me for Gazatte. So basically any alternative to update name in bank other than Gazette?



Anonymous
This Query has 1 replies

This Query has 1 replies

05 November 2018 at 21:00

Loan against property

Hello

I am a Director in a Pvt. Ltd. firm. The firm already has a loan exposure of Rs. 1 Crore. The firm is not able to meet its working capital requirements and because of it is incurring a loss of Rs. 2.5 Lakhs on a monthly basis. The firm's bank is not giving any further credit facility to the it. There is a property which is registered in my father's and uncles' names. Can we take Loan against that property and use its fund in this firm? If you have any other solution which can help me out in this matter is welcome.


Ashish Trehan
This Query has 1 replies

This Query has 1 replies

05 November 2018 at 20:54

Stamp duty on transfer of property

Hello

My father and uncles jointly own a property. They want to register the property under my name. Do we have to pay any Stamp Duties in this case?


subramanian
This Query has 1 replies

This Query has 1 replies

03 November 2018 at 10:53

Share of nomination

Sir,

I have a friend whose mother has passed away. She has 3 legal heir. In her will, she mentioned that the property share to be given by the nominee should not exceed Rs 15 lacs and the other 2 legal heir will sign the receipt before the receipt of the payment in the court. She had bank accounts for which she has nominations as well. My question is is as follows

1. In case of property, each legal heir has 25% share. In case the property market price sale is 1cr,each one is entitled for rs 25lacs.how can rs 15 lacs be binding in that case? Can this be contested.

2.for bank account, will the nominee share the proceeds with the others as in property or are they entitled for 100% share

3. In case of a dispute, can the legal heirs make a MOU or Moa which is legally binding.

Pls assist


Niranjan Singh
This Query has 1 replies

This Query has 1 replies

I am 40 years old living with my wife and 2 children. My mother (76 yrs old – patient of arthritis, BP, Sugar, Skin disease and cannot walk for a short distance without the help) and sister (55 yrs old – divorcee – psychiatric patient) are wholly dependent on me from past more than 18 month, as my father is not maintaining both of them. There are 2 floors in our house and on ground we are living together and on first floor my brother along with his family and my father are residing. I am maintaining my mother and sister from past 18 months along with my family. My mother has filed a case under Domestic Violence act for maintaining herself against my father (78 years old Retired Army officer and his pension from Army is around 1,60,000/- per month and annual income is around 24 lakh) and my elder brother. With biased and vindictive nature my father filed a complaint with District Magistrate against me and my wife praying for maintenance and vacation from the house (the house is my father’s self acquired property) blaming that I along with my wife uses criminal force on him and we have kidnapped his wife (i.e. my mother who is wilfully residing with me because they used to beat her whenever I was not at home) and I have sold my mother ancestral agriculture land and grabbed the money. These all are baseless, false and fabricated grounds taken by him against me and my wife, so that we note press the domestic violence case pending against him filed by my mother. What are the remedies available for me in this matter and what action I can take against my father after the decision of the case filed by my father against me and what is the procedure to be adopted in this case. Please provide citations in related case which can be put in front of DM – Meerut.


Anshula
This Query has 1 replies

This Query has 1 replies

02 November 2018 at 10:44

Company incorporation

hello sir,
my query is - A is to be incorporated with 5 shareholders out of them 3 are directors so in this case how are the spice forms ie. spice ,spice MOA,spice AOA and other attachments to be prepared?


pankaj
This Query has 1 replies

This Query has 1 replies

I have received letter form ICAI, in this letter mentioned that your employer signature not match as per our record. please suggest me that what I do regard this letter and send me format of application for answer this letter
Thanks


Haresh
This Query has 1 replies

This Query has 1 replies

21 October 2018 at 16:11

Regulation 65: articled clerk

Sir/ Madam, I would like to know that, If an advocate (i.e a law graduate enrolled his\her name in any state bar council in India ) wants to pursue CA course, in order to get his/her 3 years articles training being recognised, do they need to surrender/suspend their enrolment? or they can do articles training by getting permission form ICAI and without surrendering/suspending their enrolment ?

Read more at: https://www.caclubindia.com/experts/ask_query.asp


Sajjad A Sait
This Query has 5 replies

This Query has 5 replies

We are an export house based in Kerala. We send documents against exports directly to our buyers. When the buyers send us payment for the full amount we do not receive the full amount and an amount of US$ 30-35 is short received as the same is deducted by the intermediary banks. Our bankers say that unless the full amount is received they will not regularise the bill. Is there any RBI circular or rule that allows our bank to regularise the bill.


Regards
Sajjad






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