Answer / prasanna

A contract gives rise to correlative rights and
obligations.A remedy is the means given by law for the
enforcement of a right.

Ware house(bldg.)taken on rent on 10.04.2009 for Rs. 25000/- P. month, till today rent is on paid, what is liability of TDS, percentage % & in which month TDS to deduct & make payment, what is intr. for late paymet how to calculat intr. from Apr. or May Or June

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I faced a case : One person "P" registered for a plot amounted to almost Rs 400000 to a real state company, XYZ. But XYZ is unable to provide the plot even after 2 years. So they are returning back the money along with the interest. Interst amount is almost Rs 66000. XYZ company is deducting the TDS from the interest. Are this company is doing right by deducting the TDS from the interest income? The profile of person Case 1 : P is a student and don't have any income. Case 2 : P is earning more than 10000 pm if interest income is included.

0 Answers   Indiabulls,

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whether societies comes under corporate or non corporate company?

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Case study Real estate question: 1. Mr. Johnson owns a small commercial property which has 4 units with a total square footage of 9384. The property is located in an area suffering from high vacancies. The current tenants remaining are ABC Corporation, who occupies 2888sq ft. And recently renegotiated and lowered their lease rate through 2011 and XYZ electronics corp., who occupies 3350 sq.ft. With their lease due to expire December 2010. The remaining 2 vacancies are marketed by a local broker. Currently there are no potential tenants viewing the vacant graces. What might Mr. Johnson do to retain his 2 tenants and attract new renters to his property and how might this impact his income and/or expenses this year and next year? Please explain your answer.

2 Answers   ALP, Wells Fargo,

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if we recive Purchase order of Contract of Supply of material & labour so how can we invoice our bill.

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I would know that sales tax would be charged on amount of TCS ( Tax Collaction at Source) and TCS would be charged on amount of Sales Tax ?

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"No consideration,No contract" .Discuss consideration in light of this phrase.

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This website is completely time wasting stuff. nothing arranged proper (all info in zigzag and like "@@@@@@".

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What is reasonable belief?

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who will possess the property owned by a man on his demise as per hindu religious property transfer act???

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My neighbor (a very old working woman) had a PPF A/c in SBI, on 31st of March 2010 it completed its 15 year term and hence the same was eligible for withdrawl, she duly filled up the redemption form and asked the bank to redeem the amount. On 14th of April 2010, the bank issued a pay order but deducted bank charges (as the savings account is with another bank), SBI has nearly deducted bank charges of about 25000/- from her. My neighbor didnt have a bank account in SBI, her account is in IDBI and SBI has deducted the charges for preparing a pay order. Here no service is being rendered but rather its bank obligation to make the payment, Pls help. It would be good if we can help her!!

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The smallest number which is divided by 9, 12 and 16, each time 5 remains. The number is

0 Answers   BHU,

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