what's difference between Registered Mortgage and Equitable Mortgage in field of banking terminology.

Please advise????

Land own by a familiy

Leased out a trust on a nominal rental charges,

Can trust build up building on that and show in its balance sheet, can we do some agreement betweeen the owner and trust for devleopment of building without any consideration.

Can trust give some part of the building to its associated company to run day to day business if so what agreement is required.

Can we do cash less agreement between trust and its associated pvt ltd., company in liew of some services provided by its associated company to the Trust.

the main issue is - can we do cash less agreement

We have Private provident fund trust. company got demerger in two companies. Pls provide what are the legar compliance we have to follow for segregation of the contributions and investment in trust.

Please provide the legal provision provision for segregation of PF Trust

Regards
Yogesh

This is in regard to a public co in India not listed which is a 99 % subsidiary of a LLP in US, being held by director and some of his family members.
Goods are Purchased from a foreign country byt the indian subsidiary and payment is directly made by a director to the outside party.

This payment is treated as unsecured loans in the books.

For violating the FEMA rules, RBI imposes a fine and asks the co to comlpy with RBI interest rate guidelines and loan reg No.

Director has waived off interest completely on this loan, are there any RBI implications ?

A Company obtained a loan of USD 500k from one of its group of companies in UK in contravention of the notification Notification No.FEMA 3 /2000-RB dated 3rd May 2000. The Company approached RBI to condone this. Would u pls help me in knowing the max penalty/fine,the company will face in this matter.

THIS WAS URGENT FOR ME

i want to about tacit contract...can u give me an example of tacit contract?

Hi,

My doubt is about entertainment tax applicability...
Entertainment tax is applicable on each and every activity for any entertainment event or programme.

But query is whether Ent. Tax is payable/applicable on those events where the enteries are based on the invites not by tickets?

Thanks & Regards,
Vikas Mehta

what is the meaning of interim order?

A Doctor, resident of India, received a pension from UK government for the health care services(Government) he rendered in UK.In this context please let me know whether his pension is taxable in both the countries or only in one country.

In case it is taxable in both the countries , is there any possibility of setting of the tax paid in one country with the liability of other.

what are cosequenses (penalties) for non performance of limited review of a lisited company