DEEDS

Introduction of Amnesty Scheme and on-line system for compliances/ registration of documents with the office of the Registrar of Firms, Maharashtra, Mumbai No. 1-CA(RepCom) /2009,  Dated : June 1, 2009 The Principal Secretary, Law & Judiciary Department, Government of Maharashtra, 3rd floor, Mantralaya Main Building, Mantralaya, Mumbai – 400 032. Dear Sir Sub.:Introduction of Amnesty Scheme and on-line system for compliances/ [...] Full Article

SUMMARY OF CASE LAW Where the individual is resident in the previous year, but was not a resident in India in 9 out of 10 previous years preceding the year or was in India for a total period of 730 days or more in seven previous years then his residential status will be that of [...] Full Article

ITAT, LUCKNOW BENCH `B’, LUCKNOW Krishna Mohan Agrawal v ITO , Appeal No.: ITA No. 811/Luc/05, Dated : November 7, 2008 Merely because assessee has been able to file documents showing the form of the transactions such as affidavits, deeds, statements and transactions of gift through banking channels, it cannot be said that in substance, [...] Full Article

will format, will by disabled person in favour of wife & daughter , revocation of will , simple will giving property to wife , will for religious and charity , simple will , complicated will , lease deed formats, lease of house on monthly tenancy , lease deed of land , agreement, deed, bond, indemnity bond with surety to ito , indemnity bond to ito , deed substituting a trustee , bank guarantee , manufacturer and sole selling agents with canvassing rights , appointment o.. Full Article

If you are not sure about how your son will treat you in future, be careful about gifting your property to him. The Supreme Court has ruled that parents cannot take back land or property gifted to their children on the grounds of illtreatment by the offspring after they have received the gift. This means that if a couple gift their only dwelling unit to their son and the latter tries to evict them from that very house, there is little the law can do to help the old paren.. Full Article

IT is now an axiomatic law that Board circulars are binding on the Department, even if they are wrong or against decisions of the Supreme Court. But our Boards do not have the habit of tracking down the multitude of circulars they issue and considering whether they are relevant after the Law has been amended and the Apex Court had already ruled on the issue. In the Dhiren Chemicals case (2002-TIOL-83- SC-CX), the Supreme Court had held that if there was a Board Circular .. Full Article