Bhaskaran Chackrapani Warrier's Expert Profile

Queries Replied : 22307

Graduate of Kerala University.

Fellow member of ICAI.

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CMA Sachin Warat says : approval of share transfer form
I have query regarding approval of share transfer form. If Company having two Directors namely Mr. A and Mr. B. and Mr. A has 90% shareholding and Mr. B has 10% shareholding. Mr. A wants to transfer his shares to his wife but Mr. B is objecting the same. He is deliberately not attending Board Meeting for approval of share transfer form and signed any documents on behalf of the Company. Then, How can this transferred in being done ?. Please provide some procedure.

Sagar babaji says : Partnership firm and partnership property
We have partnership firm and partnership property all the 97.5% partner's are ready to draft new deed but one of the partner not coming to firm and receiving phone so what is the way that we expell him from partnership firm and property Read more at: https://www.caclubindia.com/profile.asp?member_id=164430

jeeva says : Regarding 44 Ad
My father purchased a agri land for Rs.20 lakh and developed as residential layout and sell it for the value for 1.50 crore we don’t maintain any book of records can it come under 44 AD kindly reply me soon sir

Siddharth Mohanlal says : HOW FILL ITR 7 SCHEDULE ER AND EC
EDUCATION INSTITUTION U/S.12A Registered, ITR 7 schedule ER and EC Source of Revenue Expenditure and Source of Capital Expenditure respectively, how to fill this schedules. For example Trust having Object of Trust Income Rs. 3700000 and Donation received Rs.1000000 and having Revenue Expenditure Rs.3000000 and Capital Expenditure Rs.800000.Now, the question is how to fill Schedules of Source of ER and EC. Please Advise and need expert opinion in this regard.

CA RUSHABH GANDHI says : capital gain on inheritance of property
hello sir my father received the house property from the mother in the year 2019. now my falther is selling that propery in 2019 only. father's mother received that property in the year 2009. but today with my father cost of purchase is not avbl, so what to do for calculation the long term gain?