"14 October 2008" Archive

Standard format of Lease Deed, Agreements, Will, Deeds

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 b...

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Posted Under: Finance |

Foreign currency Derivate is legal and not a wagering contract

Rajshree Sugar & Chemicals Ltd. Vs M/s. AXIS Bank Limited (Madras High Court)

Since this appears to be the first case of its kind in India (subject to correction) where derivatives contracts are challenged as illegal and void and also since the jargon is not too familiar even to P.Ramanatha Iyer (of Law Lexicon) and Black (of Law Dictionary), a brief prelude has become necessary before we plunge into details....

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Rule 6D – Payment of More Than Rs 20,000/- in Cash

No disallowance under sub-section (3) of section 40A shall be made and no payment shall be deemed to be the profits and gains of business or profession under sub-section ( 3A ) of section 40A where a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on a bank or account payee bank ...

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Posted Under: Finance | ,

ICAI Starts Working with Investigating Agencies

Accounting regulator ICAI has started working with investigating agencies under the home ministry and the finance ministry to help them track down the flow of unaccounted money in the economy....

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Posted Under: Finance |