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Anonymous

Posted 3 months ago

After Selling a land , let say that land got sold for 15 Lacs then if we share that money in three parts and need to keep that in a bank in our individual accounts(like 5lacs in each account), do we need to pay income tax immediately after receiving it from buyer ?
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A. Dear Sir, Please consult the Chartered Accountant.
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Kishan Dutt Kalaskar Retired Judge Exp: 33 Year(s) Bangalore
Rameshwar Dadhe Experience: 2 Year(s) Aurangabad
Rameshwar Dadhe Experience: 2 Year(s) Aurangabad
i have a old coin which is more then 100 year's and one usa citizen want to buy it and redy to pay through bank transfer can i do this is it legal or not ?
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A. Dear Client, All coins and notes that are more than 100 years old cannot be sold to/taken out of India Have you inherited, collected or are in possession of any books, statues, coins, manuscripts, sculptures etc.? Because if you have, then there are some compliance obligations upon you under law before you can 'lawfully' own the same and/or deal with them. Antiquities (identified as 'antiques' in common parlance) in India are governed by The Antiquities and Art Treasures Act, 1972 (hereinafter referred to as the "Act") read with The Antiquities and Art Treasures Rules, 1973 (hereinafter referred to as the "Rules") which falls within the purview of the Archaeological Survey of India ("ASI"), Ministry of Culture. The Act was brought into force with effect from 5th April, 1976 in order to regulate the export trade in antiquities and art treasures, and to provide for the prevention of smuggling of, and fraudulent dealings in, antiquities, to provide for the compulsory acquisition of antiquities and art treasures for preservation in public places and to provide for certain other matters connected therewith or incidental or ancillary thereto. 2. (1) (a) "antiquity" includes (I) (i) any coin, sculpture, painting epigraph or other work of art or craftsmanship; Violation of this will land you in trouble. Shanti Ranjan Behera Advocate
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Shanti Ranjan Behera Exp: 22 Year(s) Bhubaneswar
Rameshwar Dadhe Experience: 2 Year(s) Aurangabad
Kishan Dutt Kalaskar Retired Judge Experience: 33 Year(s) Bangalore

Vikram Devaiah

Posted 6 months ago

I had given a advance to buy a car in which my loan wasn’t approved so I had to cancel the deal but the seller is not willing to pay my advance saying he waited for three months.
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A. dear client kindly send a legal notice before initiating legal action.
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Deepak Bade Exp: 9 Year(s) Nanded
Shanti Ranjan Behera Experience: 22 Year(s) Bhubaneswar
ARPIT BATRA Experience: 11 Year(s) South Delhi
Rameshwar Dadhe Experience: 2 Year(s) Aurangabad

Anirudh Singh

Posted 8 months ago

Can I sell wine online? And it is legal or not
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A. If you contact me I will guide you as to the plsnyto sell wine online.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
Ambrose Leo Experience: 9 Year(s) Bangalore
ROBERT D ROZARIO Experience: 15 Year(s) Kolkata
SUMSON .T.S Experience: 14 Year(s) Ernakulam

shrikant bansal

Posted 9 months ago

I was dealing with this one Company who approached me to purchase jeans from me in bulk , as a token they hand over a cheque of some amount but that bounced and then they deposit some of the amount via, cheque(i have image of that), cash, neft and we have sent them jeans with GST and without GST Bills too, He also recommended another firm and on the quarantee of that we sent that firm also jeans with GST only but now both the person is not reachable from many days. I think they ran away what can i do to file a complaint and recover my money.
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A. Since you have all proof of transactions youycan recover your amount legally. To find those people take help of police by lodging a complaint of some kind like cheating.goidlyck.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
Nirmal Chopra Experience: 20 Year(s) New Delhi
ROBERT D ROZARIO Experience: 15 Year(s) Kolkata
Deepak Bade Experience: 9 Year(s) Nanded

Anonymous

Posted 9 months ago

In the year 2010-11 I bought land in Solan on which i constructed a 4 storeyed building which till date is under construction. Till the FY 2013-14 I had spent 67 lakhs on it including the cost of land. Now I want to sell this under construction property . Will the profit arising out of this sale be considered short term or long term
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A. It's monetary matter of getting profit.better way to contact with CA accountant for better advise. If you have any legal issue for selling then approach to our vidhikarya lawyer.
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Deepak Bade Exp: 9 Year(s) Nanded
Sushama Mohan Sarangpure Experience: 5 Year(s) Nagpur
Kishan Dutt Kalaskar Retired Judge Experience: 33 Year(s) Bangalore
ROBERT D ROZARIO Experience: 15 Year(s) Kolkata

Rajesh kumar

Posted 9 months ago

i was dealing with a Reputed pump company from coimbatore. i was making with them both the purchase and payment as per specified terms till 30th of december 2017. i have sent them replacement pumps for 1.42lakh on 5th september 2017 and have not received my replacement till 30th december and hence forth i had to pay them 2.66lakh(before replacment). After repeated intimation for service they did not reply. at the 30th march they said you have outstanding hence we have not done any replacement.I lost hope from the company and hence i said them not to send the pumps and adjust the amount for the same into my account. Furthur by may they sent 20% worth material pumps but non saleable condition and i intimated them this could not be sold. Again is sent material of Rs.22000 by 30th june for service. They said they would service and send but still they did not send and hence i have to provide new pieces to customer. Now i hold replacement pieces upto Rs.40000 in my permises. And still 2.5lakh worth material lying idealy my godown and each product carries 2years warrenty. Now they have served with notice on 25-07-2018 with acknowledgement stating outstanding and request for payment . I am struct with it what to do. please help me with this for same
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A. If you have agreement definately we can claim
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Advocate G.Santhosh Exp: 4 Year(s) Coimbatore
Rajeev RJ Experience: 17 Year(s) Thiruvananthapuram
Johnson Thangiah Experience: 18 Year(s) Tirunelveli
Ambrose Leo Experience: 9 Year(s) Bangalore

Aneesh Rag

Posted 10 months ago

Hi I have taken a distribution of products from a noida based company of educational products.Now the products are not good and support is also bad.so I want to discontinue from that company. 1.Now can I sue them for the return of money I invested? 3.Can I ask for compensation also? 2. I am from Kerala.where will the jurisdiction be for this case?
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A. For recovery your jurisdiction is your company s area
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
Manjula Shanmugasundaram Experience: 18 Year(s) Chennai
Neeraj Kumar Experience: 1 Year(s) Patna
Ambrose Leo Experience: 9 Year(s) Bangalore

satish Duvvasi

Posted 11 months ago

I WAS PURCHASED bulk SMS 10 lacks at the time they said that SMS delivered instantly and 80-95 % of delivery ratio, but practically SMS not delivering minimum 5-10 % also, i was so many times called the contact number but mbl no. switched off and i was marked so many many mail for services related issue but no reply from them , help me am facing lot of problem with them. Am a reseller of BULK SMS srevice , so i was re seller the SMS , SMS was not deliverd so am getting so many problems from them. please help me how can i further Regards, D.Satish Kumar 7997042457.
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A. 1. It is the clear cyber crime. 2. You need to make complaint against the company with cyber crime police, Bangalore. 3. I can help you out in filing police complaint against them. Pls share me the details.
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niranjan e Exp: 7 Year(s) Bangalore
Kishan Dutt Kalaskar Retired Judge Experience: 33 Year(s) Bangalore
Ambrose Leo Experience: 9 Year(s) Bangalore

Sujit Ghosh

Posted 11 months ago

School M C wants to sell school land to repay the loan amount taken time to time for development of infrastructer of school.MC proposal was sent to WBBSE & concerned DI/s(SE). Pl advise.
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A. Dear Sir, There will some conditions in the allotment letter when land was granted to the school, only thing is MC shall not violate such conditions.
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Kishan Dutt Kalaskar Retired Judge Exp: 33 Year(s) Bangalore
Ambrose Leo Experience: 9 Year(s) Bangalore

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