Suppose an employee's gross salary is Rs 8000 in Dec 09 due to a revision of pay his salary will be revised to Rs 12000 per month from April 09. Now my question is whether ESI will have to be deducted for the balance contribution period for him? If " Yes" on which amount, on Rs 10000/ (maxm limit fixed for ESI) or Rs 12000/- can anybody help me out referring the appropriate provision of ESI.

a private limited company has a subsidiary company.the MD and other directors of holding and subsidiary companies are same. the subsidiary company is ready to cpmmence production at its new unit.
is there is any requirement to call EGM by board? is disclosure of directors interest is applicable? if yes please explain the procedure.

1)Adjourments Send to ITO OR Any higher Authority above the ITO or the adjourment send to the court to taken the adjourment can be sign by the employee , managing director, director or any unqualified person of the company , firm, properitor concern, Aop, Boi, co-operative society.

2)How many Adjournments can be made to the ITO or Any higher Authority OR to the any court?

Above Mentioned Queries As Per Which Section, Act, Rule, Order.

Thanking U All Experts In ADvance.

1)Any Dispute between the partners should settled by Arbitration Act, 1940 why? What is the benefit in it? & the partners of the partnership firm or vice –versa cannot file the case in other courts or they have to depend on Arbitration Act, 1940 only?

2) Meaning of unless the contrary appears from the context. (with the examples)

3)As per The Companies act, 1956 Extraordinary General Meeting

1) In Case of approval of any document or documents has to be done by the members of the meeting, the notice must also state that the document would be available for inspection at the registered office of the co during the specified date & time.

So in case of co don’t display the document or documents which was approved than what is the penalty provision or any prosecution. As per which section or in which section it has been mentioned the penalty cause.


Thanking U All Experts In Advance.

Mr.A has a residential flat in mumbai.He wants to gift it "jointly" to his niece(brother's daughter) and niece's daughter(grandniece).What will be the tax liability to the niece and/or grand niece?cud u also help me with the stamp duty implication w.r.to concessional stamp duty to lineal descendant?

I want proforma MOA & AOA in word format for a construction company. If anybody can help, please send it to punit.babel@gmail.com

Parties :
A : Original Buyer ( From Maxico)
B : Manufacturer ( In Nepal)
C : Intermediate Buyer ( In India)

Facts :-
"B" has received order of 50K Garments from "C" with condition to dispatch the material to "A" at Maxico. Now "B" is asking for LC in USD as the shipment is being sent to Maxico. Can "C" open the LC in USD on "B"?

Helloo
I wants to ask that a housing society has been newly formed and no audit was conducted in the F.Y 2007-08 but in 2008-2009 however audiy has been conducted and only sinking fund has been created,But as per Bylaws of Society out of the profits after interest ,25% should be transfereed to Reserve Fund .Is I am correct please suggest whether any other fund needs to be created.Its urgent

Explain with examples:
Section 49 of companies act 1956- investment by company : and also the exceptions thereof

While incorporating (Pvt Ltd), we have just shown Mumbai as our registered office. Now we have opened a office at deharadun. How to inform the ROC about our additional place of business, which form to be filled