Hello Experts,

There is a plot which is in name of one partner in partnership firm.
As per conveyence deed plot is in name of " Ranjan Singh prop of M/s Amrita chemicals"

If a partnership formed with 4 partners with one partner is Ranjan singh with his 3 more friends.
This plot does not put by Ranjan Singh in stock in partnership firm.

All partners of partnership firm transfered all rights to Ranjan Singh and signed a dissolution deed.

Now one partner is left in M/s Amrita chemicals.

My Question is--

1) The owner of this plot is Ranjan singh or Partnership firm ,/s Amrita chemicals.

2) If any one wants to buy this plot from Ranjan Singh, Then plot will be transfered by REGISTERED SALE DEED or the buyer has to do partnership with Ranjan singh and Ranjan Singh will retire by notarised retirement deed.

3) STAMP DUTY HAS TO BE PAID BY NEW BUYER FOR THIS PLOT?????

Dear Experts,
Would like to known from which year , the Act is applicable.
Is it applicable for FY 19-20 & from which date.

Is employees gross salary more than 15000, but total of Basic and DA less than 15000, eligible to get benifit under PMGKY scheme under EPFO at the time pf prepairing ECR, provided that he fulfill all other conditons of this scheme.please clarify.

Dear All,

Can a person from India purchase lottery ticket (which are held in foreign) in foreign currency?

And if he win the same than can he transfer such winning in his Indian bank account?

Thanks & Regards
Rahul

can A contracter thrir itc ??

Dear Sir,

Can anyone send me the draft resolution for surrender of share certificate which need to submit to the bank .

Plz help
What are the acts and procedures to be followed by a client in India while investing in a firm/company located at thailand (investing in a foreign business)..??
Thanks in advance for the reply.

What is the difference between member and shareholder of a company?

Hi,      Our father passed away last month. My Brother and I are the legal heirs. My brother was the nominee in all my fathers Bank accounts and he has already received  in his account.  I wish to relinquish my claim on this money that my Brother has received as nominee. Do I simply give it in writing to my Brother or do I have create a gift deed on Stamp paper. Does the same need to be registered also ?   Thanks, Shanti

Dear Members,

I have a query regarding Purchase and Sale of a Residential Property and would be very grateful if you all could put some light on to it.

Ours is a family business and my father is buying a home worth 4.5 Cr in which we would take a loan of 3 Cr from the bank.
At the same time we would sell the house in which we are living at a rough price of 1.5 Cr within a period of 1 year after purchasing the new home.

This amount of 1.5 Cr we would want to use in our business after a span of 1 year but as per our CA this 1.5 Cr would be applicable for Capital Gain.

My question is that when we are already buying a residential property and taking a loan of 3 Cr and selling a our exiting house within a span of 1 year then why will Capital Gain be applied to the 1.5 Cr what we will get after selling our existing home. Pls suggest