Respected Sir, I have filed FIR in financial fraud in Dec 2018. Police arrested the national level fraudster and filed chargesheet under IPC 420,406,419,472. Later during criminal proceeding, trial court added IPC 465, 467, 471. Finally in judgment, judge intentionally maliciously fraudulently removed lifetime imprisonment IPC charges 467 and 472 and convicted that national level fraudster for only 2 years and 9 months for which he was already in jail and let him immediately free and now he is absconded. No recovery has been done from that national level fraudster. The corrupt judge is retiring on 30 Jun 2023, only…
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What are the specific instances where they can be covered ?
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IF ex parte order is passed u/s 24[4] as above said, Is it possible to get it recalled ?
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My Arrogant father brought few properties under my name. I trusted him, signed on documents wherever needed my signature. He never revealed the details, I never asked him. I was a fool to believe him, all this happened more than 20 years ago. These properties are now in dispute, other parties are contacting me, threatening legal actions and other consequence. I am asking my father to explain the details, but he is so arrogant, he claims it is none of my business, since those properties belong to him. I agree with him that I didn't contribute anything in purchasing the…
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How many hard copies of appeal need to file by assessee before first appellate authority as per Section 107 of CGST Act, 2017 under GST law in absence of anything mention under said seciton ibid. Similary since GST Tribunal is not constituted and whenever it is constituted in future, how many hard copies of appeal need to file by assessee as per Section 112 of CGST Act, 2017 i.e. before Appellate Tribunal in absence of anthing mention under said seciton ibid.
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Can a NGO sign a JV with Agency for implementing the project and receive funds directly from the donor company to the implementing Agencies.....
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what would be taxability on waiver of loans in light of section 2(24)(viii). What will be taxability in case a private limited company waives its loan given to another private limited company. Will it be taxable u/s 56(2)(x)
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Relevant tax treaty provides for 6 months duration for construction PE. Foreign company has undertaken a supply and installation project in India. After executing contract a kick off meeting was held to discuss the specifications of equipment to be supplied and installed. Q1 - whether installation PE commences from the date of kick off meeting ? After supply of one lot of equipment the installation had to be stopped as remaining supplies got delayed due to unavoidable reasons like shortage of material etc. After supply of remaining materials the installation resumed. Q2 - whether interim period during which installation was…
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URBAN COOP BANKS SOME TIMES ACQUIRE THE ASSETS (LAND/BUILDING) MORTGAGED TO THEM BY THE BORROWERS IN SATISFACTION OF THE LOAN OUTSTANDING. AFTER FOLLOWING DUE PROCESS OF PROCEDURE UNDER THE MAHARASHTRA COOP SOCIETIES ACT,1961 UNDER RULE 107, THE MORTGAGED ASSET IS TRANSFERRED IN THE BANKS NAME AT A VALUE AS PER THE VALUATION OF APPROVED BY THE REGISTRAR OF COOP SOCIETIES ,MAHARASHTRA STATE. IN THE PROCESS THE PROPERTY STANDS IN THE NAME OF THE BANK AND IS SHOWN AS NON-BANKING ASSET.RESERVE BANK ALSO ALLOWS SUCH NON-BANKING ASSET ON THE CONDITION THAT IT SHOULD BE DISPOSED WITH IN 7 YRS. TO GIVE…
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An LLP is proposed to be converted into a Pvt. Ltd. company. The said conversion is exempt u/s 47(xiii) in the hands of the firm. However no separate exemption is provided u/s 56(2)(x). Therefore, despite the economic interest of the shareholder (being the erstwhile partner) remains same in the Pvt. Ltd. Co. vis-a-vis LLP, would the shareholder be taxed u/s 56(2)(x). The Fair Value of equity shares received by the shareholder (as derived u/r 11UA less balance in the partner's capital account could be bought to tax u/s 56(2)(x). Further, the new Company is merged with another company whereby the…
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Financial recovery from corrupt judge in fraudulent judgment in financial fraud case, criminal proceeding in Prevention of Corruption Act