Dear sir,

There is manager in one of the bank outside india. One of the account with some money deposited in it. The account owner is expired before 10 years & there is no next of keen. Bank manager wants to represent me as next of kin with all legal process. Amount is arround $200000. This amount is transferred to my account in india. I need to transfer 50% amount to manager from this money & 5% as expenses. Remaining 5% will be mine.
My queries in case manager can trusted
1. Is this transaction is legal?
2. There will not be any voilation of laws in india?
3. What type of tax is applicable?
4. How much tax & what is amount on which tax is applicable?

Thanks,
Ashish

hello exprts can anyone plz tell me the complete procedure to register a trust & how much time does it takes to register a trust. do we require to get certificate from tehsildar office??? please help

I have completed my 2year articleship un der CA. remaining 1year articleship want to complete through Industrial Training.
if u know any industrial firm , from where my articleship can be complete ...please inform me name of that firm with full information .if vacancy is there.
it will be great helpful for me.

Dear all
One of my friends is getting salary Rs. 20000.00 per month and his basic salary is Rs. 16000.00 can you tell me about the percentage of basic as per EPF rule because PF is applicable till basic salary of Rs. 15000.00 and he want to know that is he in the range of EPF or not.

Sir,I have cleared my CS professional exam but i haven't undergone any training etc. Also i have completed my articleship under CA and also cleared group 1 of CA Final. Now what should i do to get membership of CS.

what is the difference between sensex n nifty??

My client has entered into an agreement of purchase of a residential property in Australia for about 4,00,000 Aus $. His daughter is an Australian citizen.
Que : How he can make remittance ? He will have to make remittance directly in the name of the developer or he can transfer the funds to his daughter for making payment to the developer ? Though the total cost is AUD 400000 ( appx 300000 US$ ) , only 20 % of the amount is to be paid. Any permission from RBI is required ?

TDS APPLICABLE ON INDIAN COURIER & CARGO COMPANY FOR PAYMENT OF CARGO FREIGHT CHARGES WITH AGREMENT.

Dear Sir,
My father transfer is 56 km far from indore and i have to take transfer from my recent office but the next office in which i want to take transfer is 40 km from indore.
So can you please suggest me that in these situation transfer is possible or not.
Please reply as soon as possible.

if assessment has made u/s 143(3) and escape income is more than 1 lacs what is the time limit for issue of notice u/s 147
example a.y. is 2009-2010

then its 4 years or 6 years from the end of the relevant a.y.