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“Usmani is a tax lawyer and most of his clients hire him when they are facing potential penalties from the Internal Revenue Service.â€
Corporate Law
Direct Tax, Indirect Taxation, Tax Advisory
| L.L.B | from | D.A.V College in 2013 |
7 yrs ago
J Prateek Kundu asked a question (edited)views: 582followers: 0answers: 1
7 yrs ago
In India there are different laws for property distribution. Basically below laws apply to the distribution of property:-
Shriya law For Muslim Property Distribution:-
The Muslim laws of inheritance require at least 2/3 of the deceased’s property to go by line of succession to his family and allow up to 1/3 to be settled by testamentary succession. But as there was no will here, the property bequeathed will go to the man’s heirs in absence of a will by him.
For Hindus there is Hindu Succession Act 1956 for Property distribution:-
1. If the Deceased is a Male
The property of a Hindu male dying intestate, or without a will, would be given first to heirs within Class I. If there are no heirs categorized as Class I, the property will be given to heirs within Class II. If there are no Class I or II heirs, then the property will first go to agnates (distant blood relatives of male lineage) and if no agnates are available then to cognates (distant blood
relatives of male or female lineage). And if there are no cognates then the estate will go to the government. To know the members of Class I & II please refer the schedule given in Hindu Succession Act 1956
2. If the Deceased is a Female
The property of a female Hindu dying without a will shall devolve according to the following rules:
(a) firstly, upon the sons and daughters (including the children of any pre-deceased son or
daughter) and the husband;
(b) secondly, upon the heirs of the husband;
(c) thirdly, upon the mother and father;
(d) fourthly, upon the heirs of the father; and
(e) lastly, upon the heirs of the mother.
In case of a Hindu female dying intestate and without any issue or any children or any predeceased children, any property inherited by her from her parents shall not devolve upon her husband or his heirs but revert to her natal family.
Similarly, in case a Hindu female dies intestate and without any issue or any children or any predeceased children, then any property inherited by her from her husband or her father-in-law devolves upon the heirs of her husband. Thus, property inherited from her husband would not devolve upon her father or his heirs
7 yrs ago
J Prateek Kundu asked a question (edited)views: 478followers: 1answers: 2
7 yrs ago
Business law refers to the laws which are applied to business entities such as partnerships and corporations. These are used as a reference when putting up businesses whether big or small - from the sole proprietorship to a corporation. Business laws specify how different business can be set up, how taxes apply to them, registrations, documentation and requirements; define different terms pertaining to business, making by-laws, and articles of organization among many others.
So Business laws are very important and a businessman should know all the laws related to business. Some examples of Indian business laws are Companies act 2013, GST Act 2017, PF & ESI laws, FEMA, FERA etc. These laws impact upon the plans of firms and their effects on a given firm are also inevitable.
7 yrs ago
Anonymous asked a questionviews: 506followers: 1answers: 4
7 yrs ago
Generally, parties are required to be present before the court during first and second motion. Only in rare cases, the court allows the party to appear through counsel.
7 yrs ago
Anonymous asked a questionviews: 500followers: 1answers: 2
7 yrs ago
To remarry, getting divorce is a pre-condition. If a person remarries without getting divorce then he/she will be made punishable for an offence of bigamy.
7 yrs ago
Anonymous asked a questionviews: 2974followers: 1answers: 8
7 yrs ago
In a divorce case there is a six month cooling off period or time gap between first motion and the second motion, either of the parties can withdraw the petition by filing an application before the court, stating that they do not intend to get divorce through mutual consent.
7 yrs ago
Anonymous asked a questionviews: 547followers: 1answers: 1
7 yrs ago
At the time of obtaining divorce through mutual consent the parties are required to settle the issue of child custody. The parties can opt for joint custody. Under this arrangement, one of the parent has the physical custody of the children and both of them have legal custody of the child.
8 yrs ago
Piyush Aggarwal asked a question views: 437followers: 0answers: 1
7 yrs ago
Dear Piyush,
You may file a lawsuit against the insurance company in consumer court or civil court. However, it is better to follow the complaint process before filing a suit in court.
Procedure to file a complaint against the insurer
1. Approach The Grievance Redressal Officer of concerned insurance company (Mandatory)
2. Lodge your complaint with Integrated Grievance Management System (Optional)
3. Lodge a complaint with Ombudsman
4. Lodge a complaint with Consumer Court or Civil Court
If you are lodging your complaint in consumer court so you may represent your case by your self without an advocate.
7 yrs ago
Asadullah khalid asked a question views: 718followers: 1answers: 1
ca a muslim women make an oral gift by way of notary is allow
7 yrs ago
Yes, a Muslim woman can execute a gift deed or a memorandum of gift or an affidavit of a gift (HIBA NAMA) duly notarized by a Notary Public.
7 yrs ago
Advocate Amitabh Narayan asked a question views: 509followers: 1answers: 1
7 yrs ago
Your question is not clear. Can you please ask the question again
8 yrs ago
Deepak Singh asked a question views: 407followers: 1answers: 2
7 yrs ago
I Think you are concerned about Credit Information Bureau (India) Limited, commonly known as CIBIL. So I am answering your question with below some tips to improve your CIBIL score.
1. Clearing off all your credit card outstanding dues
2. An individual must make sure that any errors in your credit report are appealed by the individual on the CIBIL website (www.cibil.com). Appeal only if you have a valid point of disagreement.
3 Paying equated monthly instalments of your past bigger loans on time will help in improving your track record to pay bigger amounts and thereby getting a higher CIBIL score/rating.
4. Never ever use your credit card to buy each and everything. You have to keep the 30% rule in mind of credit utilization. Never exceed more than 30% of credit utilization
5. Avoid multiple loan/ credit card applications in a short span of time
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November 12, 2016
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