Sir,
Husband , a Senior Citizen,gifts Fixed Deposit of Rs. 20 lacs by transfer of Fixed Deposit to Wife who is also a Senior Citizen.
Under the premises kindly advise:
A. Whether Gift Deed is necessary?
B. If so it is required to be Registered?
C. Whether income clubbing provision would be applicable unde Income Tax Act?
Thanks & Regards

I received a cheque from post office of nsc maturity drawn on sbi I deposited the cheque in my saving account in pnb the cheque got bounced for reason code 42 paper not received
What is the resolution for this how can I encash the cheque

Wrong person appointed as partner in llp .what to do now

To
The Experts
Our Company being a 100% State Govt owned Company comes under RTI Act.
One person seek some information under RTI Act. But we know he will use such information not his own purpose but for some other ulterior motive which may be harmful to the regular business of the company.
So can we abstain ourselves to supply the information he applied for?
Does RTI act permit us?
If we refuse to give any information is there any penal action under RTI Act?
Regards
Abhijit

A expires and leaves behind three legal heir. Subsequently one of the legal heirs expires. Does the legal heirs of deceased legal heirs will be reckoned as legal heirs of A?
Please advise

My company doing trading Business, companies paid capital is Rs. 40 Lakhs and pre reserve Rs. 6 Crore. Turnover approx Rs. 50 crore. Please tell me how much i can invest in stocks.

Can a minor become a brand ambassador in india ? If yes, what is legal process of it ? Business will be managed by his parents.

1.who is legally competent to valuation of partnership in india?
2. are there any law, icai guidelines, or any other rules that is applicable to valuation process of a partnership firm?
3. who can legally do revaluation of partnership asset and liabilities? which law, guidelines applicable for this.
4. for the purpose of determining the value of outgoing partner's interest who should be appointed?

a partner has given loan to partnership firm, now can this loan be converted into his capital with mutual consent of all partners.
The deed of partnership has this clause:
partners, if so desire, may take furture investment in the firm in the form of loan or as capital.

I am going to sell my flat to buyer. Buyer want to take home loan. Buyer is aksing for property papers. I need certain clarifications:-
1. Should i give him property papers zerox copies or not?

Please help me

Viksa garg