If a person is holding post dated cheques for selling his property and now if after April'2013 the old cheques leaves wont be valid and only new cheque leaves (accordance to CTS-2010) are to be used then how can the person deposit the cheques when the due date comes.
Can he deposit the old cheque leaves or once again need to collect new cheque leaves from the buyer?

can a private limited company issue shares to its shareholders differently-in cash to one shareholder and for other than cash consideration to other shareholder? can other than cash consideration be the shares of another company that are being held by the shareholder to whom shares are being issued?
plz reply

Sir
In case of a bill held by an HDC ,all the prior parties can b made liable,but in case of a cheque marked "not negotiable" the bearer shall not b able to give a better title to the cheque than the title the person from whom he had took,what is the reason behind it?

Respected sir,
i am working with partnership firm in corporate sector in ahmedabad.
my employer is deduct GRATUIY from my monthly salary but it will not shown in salary slip or not given in any appointment letter.

i thing they will not create any gratuity fund so what is the legel status if them deduct gratity with any reason. ( deducted gratuity will not refund to employee )
regards,
dewang

Dear All,

could you please tell us where we( Employer) have to pay the gratuity amount every month ? within how many days we have to the amount ? ( i know the amount calculations provisions)

Can a non ca person be a partner of CA Firm?what if that person is Tax Consultant?

In case their is a contract between a company and a individual for employment and the company restrict the employee from PF benefits but deduct PT is the contract void,voidable or valid. As in a case a company has a contract with an individual for 2 years and have given a designation but have specifically restricted the employee to participate in PF but deduct PT from the salary. Would this be covered u/s 192 or 194J of Income tax? and what is the standing of Contract

I request you to kindly clarify the following.

1. Is prior permission required by an Indian company (Pvt Ltd) to take loans from a foreign company (Pvt Ltd in Singapore). Both the companies have some common directors.

2. Is there any limit upto which prior permission not required in the above situation.

Thanks & Regards,

We have a standard practice to deduct 12% of entire basic salary as EPF from all of our employees and the same amount is matched by the company as Employer PF.

One of our employees, who is getting basic salary INR 100,000 per month and contributing INR 12,000 per month as EPF, now wishes to contribute PF on the maximum basic salary of INR 6, 500 (i.e. INR 780 ) as defined under the Act.

Request you to kindly advise me on following;

1)Is it possible to limit his contribution on 6500 now & when the person has been contributing on higher basic salary previously?

2)If yes, can we follow this practice for some of selected employees if they desire to do so?

Can an individual lend money to an individual. Can he charge consideration for such lending. If yes, plz specify the maximum rate at which such lending can made Plz provide the format of the loan agreement to be executed for such transactions.

What document shall the lender asks from the borrower to safeguard his own interest in case there is default in repayment of loan or there is a breach of terms of agreement.