rajeev
15 August 2013 at 23:24

Purchase of flat

My first question is that somebody purchasing a flat for amount Rs. 90 lakhs. (Market Value)
But the actual value of that flats, as per circle rate Rs. 10 Lakhs, after approaching the seller, seller is agree to sale the flat on paper double the circle rate i.e. 20 Lakhs.
Know the question is that buyer is purchasing the flat @ Rs. 20 lakhs as a white (through cheque) and rest of the amount Rs. 70 lakhs as a Cash.
But, the problem is that the buyer has all amounts in Bank as a white. If buyer withdraws the entire amount as cash from Bank Rs. 70 lakhs. Can Income tax department ask, where is that money use. If they ask what is the solutions.
As per the present market without Black no body can purcahse the flats in white. Can they say we are giving the amount to individual as a Cash.



Anonymous

I would like to confirm the accounting period on which the supplementary deed is executed on 22.02.2013 as per the below clause Incorporated in registered firm?
The Partners shall be entitled to modify the above terms relating to remuneration, interest etc, payable to the partners by executing a supplementary deed and any such deed when executed shall have effect, unless otherwise provided from the first day of the accounting period in which such supplementary deed is executed ad the sane shall form part of this deed of partnership.


Prashant
14 August 2013 at 17:50

Limited liability partnership (llp)

WHETHER TWO PRACTICING COMPANY SECRETARY CAN FORM AN LLP.

IF YES, THEN
CAN A PARTNER SIGN THE COMPLIANCE CERTIFICATES OR ANY OTHER DOCUMENTS ON BEHALF OF THE LLP.


AKSHAY
14 August 2013 at 12:55

Company ammendment bill effect

is new company ammendment bill applicable on nov 2014 ca final since only signatures by president are left ...



Anonymous
14 August 2013 at 12:53

Tax consultancy


I am an arts graduate having eight years of experience as an assistant in a tax consultancy firm. Now I feel that I can myself provide tax consultancy service to individuals etc. But sir, I want to know only one thing that as I am not a commerce graduate or CA or advocate am I able to provide such service legally ?

Please sir, help me in this regard and thanks in advance.


varsha
14 August 2013 at 01:17

Advance to directors

sir .... i want to the treatment of advance given to directors on account of exps by pvt co in cash (exceeds Rs.20000 ) ... what will the treatment of that as per it act & and co act ..... ????


naman rustagi

sir i am getting problem in law as i dont knw how to give good presentation i want to knw how to start writing the answer n is it whether compulsory to write the language in bare act in papers.how to remember the sections n case studies. i also dont remember the points which i have read few days back n geeting difficulty in this subject and bcoz of this paper i score not well n even failed bcoz it is my weaker area n in ethics n communication, writing skillis in communication i faced a lot of problms so sir according to u what should i do to solve this problm as a fed up with this subject as it creates a lot of problm for me so wht is the solution



Anonymous
13 August 2013 at 15:11

Cs company law

X duly qualified cost auditor,consented to the company for his appointment as cost auditor,and accordingly,govt approval for his appointment was obtained. The cost auditor, later on,did not accept the offer.
Advise the company hoe to proceed in the matter.

This is a question for 6 marks and plz reply at the earliest.


Dilshad Saifi
13 August 2013 at 14:21

Company law

Is it mandatory to change the name of Pvt Company while changing its main object where new objects are different to Company name. If yes then under what section is it written



Anonymous
13 August 2013 at 10:48

Board meeting

Experts,

The Company was incorporated in July, 2012.

In this case how many Board Meetings Should be held?

Thankyou.






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