Law Relating to Wills, Nominations & Succession - Taxsutra Reservoir

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Law Relating to Wills, Nominations & Succession

by K K Ramani
Succession
Categories: Civil, Criminal & Labour Laws
Publisher: Wolters Kluwer
About Book:

The proposed book on Wills, Nomination & Succession is an effort to provide the required information which a succession planner needs to have. Since the law of succession is complicated as there are different laws dealing with the subject, the authors have made an attempt to make the subject concise simple and understandable, to the extent possible. Separate chapters discuss the intestate succession laws in case of Hindus, Muslims, and for persons other than Hindus and Muslims. A separate section of the book is devoted to the discussion of Testamentary Succession. Provisions relating to Probate, Letters of Administration and Nominations are discussed separately. The book serves as a practical guide for writing a valid Will and precautions to be taken in the matter so as to minimize the possibility of challenge. The book attempts to explain the basic provisions of the Income Tax Act which can impact the decision making process while making a Will. The book also discusses the concept of a ‘Living Will’, as to how the ultimate view evolved, how such a Will can be executed and how, if the contingency arises, the same is to be given effect to. The chapters relating to the substantive laws are supported by the specimen documents given in the Appendices.

Author: K K Ramani
About Author:
K K Ramani : Shri K.K. Ramani is a reputed Advocate of Mumbai who has made a place for himself in the area of laws relating to immovable properties and taxation. He was elected President of Chamber of Tax Consultants and was Chairman of Western Zone of All India Federation of Tax Practitioners. He was a member of VDIS committee and KVSS committee appointed by the Chief Commissioner of Income Tax, Mumbai. Shri Ramani is an acclaimed author and co-author of several books. Among his works are Wills, Nominations & Succession, Redevelopment of Housing Societies, Deemed Conveyance under the Maharashtra Ownership Flats Act, Limited Liability Partnership, Doing Business in India, Answers to all your Questions on VDIS, 1997, Remittance of Foreign Exchange Investment in Foreign Exchange Bond & Voluntary Deposit Act 1991 and FEMA Manual. Shri N. C. Jain has a brilliant academic record. He did his M. Com, L.L.B and L.L.M. and started his career as Lecturer in Commerce in St. John’s College Agra. Mr. Jain joined Indian Revenue Service in 1963. He acted as an Officer of the Income Tax Department performing duties of investigation, audit, appeals, training, and other areas of tax administration at various levels of hierarchy reaching to the position of Chief Commissioner of Income Tax and Director General of Investigation in the Revenue Service and thereafter Chairman of Income Tax Settlement Commission. He acted as Joint Secretary in the Central Board of Direct Taxes, Ministry of Finance looking after the tax planning and Foreign tax Divisions in the Central Board.
About Publisher:

Wolters Kluwer Tax & Accounting in India (www.cchifirm.co.in), provides publishing, software and services that deliver vital insights, intelligent tools and guidance of subject-matter experts as well as offer subscription-based products with high quality content in areas including direct and indirect taxation, international taxation, corporate law and several other related topics. Wolters Kluwer Tax & Accounting (a Wolters Kluwer business) is part of the Wolters Kluwer Group, a leading global information service provider for professionals. Wolters Kluwer Tax & Accounting publications cover a wide range of topics such as tax, accounting, law, financial planning, human resources and training.

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Succession
Categories: Civil, Criminal & Labour Laws
Publisher: Wolters Kluwer
About Book:

The proposed book on Wills, Nomination & Succession is an effort to provide the required information which a succession planner needs to have. Since the law of succession is complicated as there are different laws dealing with the subject, the authors have made an attempt to make the subject concise simple and understandable, to the extent possible. Separate chapters discuss the intestate succession laws in case of Hindus, Muslims, and for persons other than Hindus and Muslims. A separate section of the book is devoted to the discussion of Testamentary Succession. Provisions relating to Probate, Letters of Administration and Nominations are discussed separately. The book serves as a practical guide for writing a valid Will and precautions to be taken in the matter so as to minimize the possibility of challenge. The book attempts to explain the basic provisions of the Income Tax Act which can impact the decision making process while making a Will. The book also discusses the concept of a ‘Living Will’, as to how the ultimate view evolved, how such a Will can be executed and how, if the contingency arises, the same is to be given effect to. The chapters relating to the substantive laws are supported by the specimen documents given in the Appendices.

Author: K K Ramani
About Author:
K K Ramani : Shri K.K. Ramani is a reputed Advocate of Mumbai who has made a place for himself in the area of laws relating to immovable properties and taxation. He was elected President of Chamber of Tax Consultants and was Chairman of Western Zone of All India Federation of Tax Practitioners. He was a member of VDIS committee and KVSS committee appointed by the Chief Commissioner of Income Tax, Mumbai. Shri Ramani is an acclaimed author and co-author of several books. Among his works are Wills, Nominations & Succession, Redevelopment of Housing Societies, Deemed Conveyance under the Maharashtra Ownership Flats Act, Limited Liability Partnership, Doing Business in India, Answers to all your Questions on VDIS, 1997, Remittance of Foreign Exchange Investment in Foreign Exchange Bond & Voluntary Deposit Act 1991 and FEMA Manual. Shri N. C. Jain has a brilliant academic record. He did his M. Com, L.L.B and L.L.M. and started his career as Lecturer in Commerce in St. John’s College Agra. Mr. Jain joined Indian Revenue Service in 1963. He acted as an Officer of the Income Tax Department performing duties of investigation, audit, appeals, training, and other areas of tax administration at various levels of hierarchy reaching to the position of Chief Commissioner of Income Tax and Director General of Investigation in the Revenue Service and thereafter Chairman of Income Tax Settlement Commission. He acted as Joint Secretary in the Central Board of Direct Taxes, Ministry of Finance looking after the tax planning and Foreign tax Divisions in the Central Board.
About Publisher:

Wolters Kluwer Tax & Accounting in India (www.cchifirm.co.in), provides publishing, software and services that deliver vital insights, intelligent tools and guidance of subject-matter experts as well as offer subscription-based products with high quality content in areas including direct and indirect taxation, international taxation, corporate law and several other related topics. Wolters Kluwer Tax & Accounting (a Wolters Kluwer business) is part of the Wolters Kluwer Group, a leading global information service provider for professionals. Wolters Kluwer Tax & Accounting publications cover a wide range of topics such as tax, accounting, law, financial planning, human resources and training.

Similar Books

Ratings and Reviews

Overall Rating
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