To Respected Experts of Caclubindia,

1) Sir, if a person wanna to gift a property to another, then how the deed will be drafted.

2) The abovesaid property is mortagaged with bank, the emis of bank would continue for fewer more years. If the deed is executed at present, will the deed be valid since the bank has right over the property.

3) If the deed will be invalid if executed at present, then is it possible to draft a deed in which the ownership will be transferred to another person as soon as emis of bank are over.

Kindly provide the format of such deed.
If possible kindly communicate at
jha.amarjeetkumar@gmail.com


Thanking you

Dear Experts,

Kindly Guide me the following case.

We filed Form 1A with Authorised Capital Rs.1000000.
Can We change the Authorised capital of Proposed Company into Rs.1500000 in Form 1.

Thanks in advance.

Sir,
(1)for the purpose of computation of depreciation under companies act, should we take the date of purchase of asset or the date asset was put to use?
(2)Is computation of Deferred tax asset/ liability required in case of a newly established private company,which has not started its operation except for a few expense and thus having a debit in P&l?
(3)is depreciation to be considered in case the company has not started its operation?
plz reply to my queries....

how to reg and cal procedure of pf and esi

One of my friend made contract with PCS to work on behalf of the company at any TATA Project then manager of TATA refuses him to work in his office. Now my friend was called that he could not do job at PCS and my friend says that"he will do the job at other project of PCS". And the second project is far away from his resident (in another city) and my friend wants HRA(House Rent Allowance) to do job at the other place but PCS do not want to provide it and want him to leave the job. Can my friend Claim Against the PCS Company???If yes under Which Law?? and please provide related Case studis

Had a few queries:

1.If we hire a trainee for 6 months/one year and he is paid stipend/out of pocket expense is it ok? Does he have to be taken in company payroll and given the statutory benefits. How will his stipend be treated as per income tax law?
2. Can medical reimbursement which is tax exempt upto 15000/- be given monthly? If paid monthly will it be treated for tax purpose as medical allowance?
3. Can LTA be paid monthly? If it is tax exempt once in 2years than can we exempt the employees on production of bills in one year and tax his lta the consecutive year?

my query is
a society registered in society registration act running a business thereafter the society converted in to a private limited company.

whether the property of the society automatically vasted in to company or some convayance deed needed for the same

the real controvercy is the society property worth about 50 carore
and the company authorised, issued and subscribed share capital is 100000=00 share of rs. 10 each only
then in the abvoe circumstances whether the property vested in the company or not??

I WANT TO KNOW THAT AS PER LATEST AMMENDMENT A PERSON CAN HOLD DIRECTORSHIP IN HOW MANY COMPANY? PRIVAT & PUBLIC CO. SEPRATELY

What is the time limit for appointment of a new company secretary in a listed company where the previous company secretary resigned?

In the Sale Agreement of a flat in Mumbai,which my relative has purchased, it is clearly mentioned that all electricity charges are to be borne by the flat seller upto the date of transfer of property.

The electricity charges of the company (Reliance Energy, in this case) includes the following:
1)Bill amount of Rs.430 for the last month before the date of transfer
2)"Additional security deposit demanded along with March 2012 bill but still unpaid Rs.1040" which is mentioned on the last month's bill

Sirs, kindly clarify if the flat seller is liable to pay:
1)only the monthly bill amount of Rs.430,or,
2)the monthly bill amount of Rs.430 plus the unpaid security deposit of Rs.1040, that is, total Rs.1470