Answers By Expert: Advocate Shashi Ashok Bekal
  157A upza and lr act
उत्तर प्रदेश में निवास करने वाला अनुसुचित जाति का व्यक्ति अपनी भूमिधरी भूमि बिना अनुमति के विद्यालय को विक्रय करता है तो उस विक्रय विलेख पर धारा 157A UP ZA and LR act के प्रावधान लागू होंगे ? भूमि का क्रय जरिये उप प्रबंधक हुआ है जो कि अनुसूचित जाति का है| भूमि का क्रय दस वर्ष पूर्व हुआ है|विक्रय विलेख के संपादन के उपरान्त उपरोक्त भूमि को धारा 143 UP ZA and LR act के अन्तर्गत न्यालाय द्वारा अकृषक घोषित किया गया है| यदि उक्त विक्रय विलेख पर उपरोक्त कानून के प्राविधान लागू होते है तो उसका बचाव क्या…


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  Capital gains from sale of residential property
Joint property bet. me and wife bought @32 lacs on December 2008. For Improvement spend about 8-10 lacs but no supporting bills as was done during 2009 over a period of one year. Now sold property @120 lacs on August 2022 and 10 lacs received separately by cheque towards fixtures and fillings. What will be the  capital gains?? (more…)


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  Membership of International Trade organisation
Assessee is partnership firm engaged in the running multispeciality hospit  and all partners are doctors. The membership of international trade organization is taken in the name of one of the partners ,  having object of increasing the networking and focus on  B to B business's or profession. Whether one time  membership fee in the name of one of the partner  amounting to Rs. 10 lakhs is paid. whether this amount is allowable deduction in the hands of firm ?


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  APPEAL BY NRI
WHETHER AN APPEAL FILED BY NRI WOULD BE HEARD IN FACELESS MANNER OR IN PHYSICAL  MODE?   2.  WHETHER  ASSESSMENT PROCEEDINGS IN THE CASE OF       NRI WOULD BE HEARD IN FACELESS MANNER OR IN PHYSICAL  MODE? 3. WHETHER BOTH APPEAL  AND/ OR  ASSESSMENT  PROCEEDINGS ARE COVERED BY SECTION 144C ?  


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  Buy back of shares by Pvt Ltd cos
After introduction of 56[2]x , will Buy back of shares by Pvt Ltd cos be covered  in the hands of shareholders on difference in FMV and buyback price?  


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  income offered in hands of spouse
Full tax was paid by wrongly offering income in hands of spouse Mrs A and tax on LTCG was paid fully . What remedy lies for the other spouse Mr A whose case is reopened for same tax  and same income ?


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  43B* ESIC PF paid within grace period of 5 days [employee’s contributions]
Is this still allowable after judgement of SC in the case of Checkmate case ?


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  Can a LLP go for Demeger to a Pvt Indian/Foreign company or another LLP
Can a LLP go for Demeger to a Pvt Indian/Foreign company or another LLP


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  Sale of rural agricultural land
Rural agricultural land has been held as such since last 10 years and agriculture activity carried upon. During the previous year the said land was converted to NA and then immediately sold within 3 months. Whether the conversion or sale thereof will attract Income tax. Is the exemption for rural agricultural land still available post conversion to NA? if taxable, then Capital gains or business? )this is a one only transaction, the assessed is retired sr citizen.


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