THESE ARE THE QUESTIONS?

IPCC 684 views 4 replies

RAVINDER SINGH

ARTICLE ASSISSTANT

91 Points Joined January 2011

IF YOU CAN ,,PLESE ANSWER,,,

1, SEBI GUIDELINES EXEMPT INFRASTRUCTURE CO.FROM CREATION OF DRR BUT SECTION 117(C) DOES NOT,,,,

PLESE CLARIFY ,,ABOUT ITS TREATMENT

2. WHEN WE TRANSFER BALANCE TO DRR A/C ,,,THAN DUE TO THIS CASH KEPT SEPARATE...OR IT IS FOR ONLY FARMALTIES....

AND AT LAST IS TRANSFERRED TO GR ,,,,THAN WHAT IS THE BENEFIT TO T/F IT FIRST TO DRR AND AT LAST TO GR

3..INCASE OF REDEMPTION OF DEBENTURES BY DRAW OF LOTS ,,WITHDRAWAL FROM DRR CAN BE MADE AFTER REDEMPTION OF 10%OF DEBENTURES,,,, PLEASE CLARIFY IT

4..WHAT YOU MEAN BY

REVESE MORTGAGE .....SCHEME

5,,IF ANY SERVUCE PRIVIDED WHICH IS TAXABLE SERVICE BUT UNDER LIMIT,,,THAN ,,,IS IT REQUIRED TO GET REGISTERED

6..IN ANY B./E ACCEPTOR ACEPTS BILL BUT ,,UNABLE TO GIVE PAYMENT ON MATURITY ,,THAN WHAT WILL WE DO..

7,,WHAT YOU MEAN BY WHITE PAPER,,,

Replies (4)

Mayur Khuha

Article Assistant

81 Points Joined November 2010

Sorry...i

RAVINDER SINGH

ARTICLE ASSISSTANT

91 Points Joined January 2011

please answer ,,,,these and some new ,,,,,,,,

1........can a school be run to increase owner wealth,,,,i mean can a owner of school legaly use income from school for personal purpose..........

RAVINDER SINGH

ARTICLE ASSISSTANT

91 Points Joined January 2011

REPLY PLEASE

Guest

4) A reverse mortgage (or lifetime mortgage) is a loan available to senior citizens.

a senior citizen who holds a house or property, but lacks a regular source of income can put mortgage his property with a bank or housing finance company (HFC) and the bank or HFC pays the person a regular payment. The good thing is that the person who ‘reverse mortgages' his property can stay in the house for his life and continue to receive the much needed regular payments. So, effectively the property now pays for the owner. So, effectively you continue to stay at the same place and also get paid for it. Where is the catch? The way reverse mortgage works is that the bank will have the right to sell off the property after the incumbent passes away or leaves the placce, and to recover the loan. It passes on any extra amount to the legal heirs.

The whole idea is entirely opposite to the regular mortgage process where a person pays the bank for a mortgaged property. Hence it is called reverse mortgage. This concept is particularly popular in the west.

5. Small service provider : If aggregate value of taxable services provided exceeeds Rs.9 lakhs, the service porivder is required to get registered .

6. If the drawer has accepted the bill, but on the due date, he refuses to make payment of the bill, it is called dishonour by non-payment. In this case the holder has immediate right of recourse against each party to the bill i.e to sue all the prior parties.

7. White paper is actually a guidance paper which is generally considered to mean a detailed report on a major issue. Like in VAT, central govt. issued white paper which contains all the important VAT matters.