Hello
I have a query in the interpretatation of defination of 'Person Resident in India u/s. 2(v) of FEMA Act 1999.
According to the defination the status of the person is decided as per its stay in india during precceding year. But defination also states that if person who goes out of India for particular 3 puposes are not called residents . Similarly if some peson comes to india for purposes other than specified in defination are also not called resident.
Now my doubt is whether the person the exclusions given in the defination are also to be checked for previous year or these exclusion are to be checked for current year.

Dear All,

Please explain the followings terms and what is the major difference in these.

1.RULES
2.REGULATIONS
3.NOTIFICATION
4.CIRCULAR
5.AMENDMENT

6.PROVISION
7.PROVISO

And which of these is the part of BARE ACT

can a proprietorship in father's name be transfered (registered) to one of the son's name on health grounds?

sir , whether a director or managing director be removed by his office by BOARD OF DIRECTORS?

introduction of new partner and reduction in share of existing partner. what should be done. can we make fresh deed or supplement deed. please provide draft copy

I want to know about the limit of 10000 is given in Sec314 for office or place of profit for specified parsons... IS THERE ANY AMMENDMENT IN IT FOR MAY 2012

sir my Co. is engaged in realestate business & is incorportion in 21.05.2010 Sir i want to know ant libilities of new established Co. for pf & esi. & if applicable please me guide Esi & pf full details knowledge soft Copy of any expert

A govt servant has been deployed at station "A" and provided family accommodation at station "B" of the same city. While coming for duty from station "B" to "A" the Govt. Servant has met with an accident and seriously injured. Whether, such accident will be counted on duty or otherwise. Kindly clarify with rule position.

I am an ipcc group 1 student.pls let me know if i need to learn all the sections,sub-sections n clauses given in the module of law for exams???? n pls also suggest a good book for law.......since d book provided by ICAI has a very intricate language.

Hello Sir,

One Pvt. Co. having 3 directors, each of them holding 33.33% share in the Co. One of the director is not working properly, only taking salary(profit) and creating problem for remaining 2 directors, so

1) can other two directors remove him from the co? Kindly tell me the procedure...

2) can other 2 directors reduce his salary?
Please help me for both the cases