NRI Legal Services

How to File a Claim as Financial Creditor Before NCLT As a financial creditor claimant you should be aware of the legal process involved in filing a claim. Read on for knowledge and clarity.

Tax for NRIs on gifts of money and property from resident Indians received through gift deeds - Property lawyers in India Tax criteria for NRI's regarding gifts and property needs clarity.  Read on and find out the facts. https://bit.ly/34NUidF

  Investment in real estate calls for hiring  a real estate attorney  for various reasons   Real Estate Attorney  simplifies and assists in managing the tasks related to real estate. It may be finalizing a deal, joint venture, guidance for investment in property, title search, sale-purchase of real estate, documentation, or dispute resolution.   During the negotiations, the presence of  a real estate attorney  ensures that the best deal is clinched for the client. The  real estate lawyer   would see that the transactions are complete as per law, and parties comply with all the requisite legal formalities.   Real estate matters require the expertise and experience of  real estate attorneys . The documentation concerning a real estate transaction is complicated. A  property lawyer  can ensure that the documents create a legally binding effect.   Once decided to hire a  real estate attorney , the following poin...

Tax for NRIs on gifts of money and property from resident Indians received through gift deeds - Property lawyers in India

The term  adverse possession  is a legal doctrine and also known as “squatter’s  rights .” According to it, a person who does not have any  legal title  over the property attains ownership based on continuous possession over the property without the consent of the actual owner.   Adverse possession - a harsh law   Hon’ble Supreme Court has observed that the law of adverse possession is stringent strict for actual owners and a boon for a dishonest person who illegally acquired possession of the property of the real owner.”  So, what is adverse possession?   In simple words, it can also be called as “land grabbing.” Origin of this type of land taking lies in the national policy called “Land to the Tiller”.    Adverse possession recognized under the Limitation Act The Limitation Act, 1963, is a statute that governs the period within which suits are to be filed. The law of limitation is based on the norm that  ‘limi...

 A fundamental principle of any progressive and modern society is the equality of sexes. The landmark judgement of the honourable Supreme Court for equal inheritance rights for the daughters is a highly welcomed change in the judicial system of India which will finally rectify the discriminatory practice and uphold the fundamental right-Equality for all! Landmark judgement-Final nail in the coffin of male primacy in division of Hindu ancestral property. Daughters will have equal inheritance right with those of sons in father’s, grandfather’s and great grandfather’s property was declared by the highest court in India-supreme court, in a landmark judgement. The confusion arising out of the conflicting interpretations of Section 6 (amended) of the Hindu Succession act-2005 were ironed out by a bench of justices- Arun Mishra, S Abdul Nazeer and MR Shah in a 121 page judgement. Daughters born before September 9, 2005 could claim equal inheritance right. This judgement confers the status...

All tax matters applicable to NRIs are dealt with as a suite of services provided by NRI legal services. Complete spectrum of services for private individuals or organisations related to Income tax matters in India (for any Income accrued from a real estate asset, Income from business or profession, Income from salaries, Income in the form of capital gains or any Income from other sources) including but not limited to, assessment of tax liability, payments of taxes based on applicable rules and statutes, handling of any income tax notices, arguing cases or appeals as the situation warrants in appropriate courts or tribunals and negotiating settlements on behalf of our clients The key law which governs rules and statutes with regards to Income Tax in India is the Income Tax-Act, 1961. The Income Tax Act 1961 determines tax applicability and liability on the income of an individual person or a body corporate. It provides for levy, administration, collection and recovery of Income Tax. T...