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Click here to Post your Query >>5983 unanswered question(s) — Showing 861–880
| Que. Id | Date | Description |
|---|---|---|
| 20725 |
Aug. 19 2021 |
REPORTING IN GSTR 1 –
(GST)
01. IN CASE OF SALE OF FLATS ADVANCE RECEIVED DURING VAT REGIME AND TAX PAID UNDER VAT REGIME FOR WHICH INVOICE ISSUED WHEN FLAT IS SOLD DURING GST REGIME. WHERE THE SALES TO BE DECLARED UNDER EXEMPTED OR NON GST SUPPLIES IN GSTR 1?? PLEASE CLARIFY. BY: Sachin No answers yet View Answers | Post Answers |
| 20726 |
Aug. 19 2021 |
Transfer of Shares –
(Companies Act, 2013)
Upon Transfer of Shares, the Share Transfer Letter along with Share Transfer Form in SH-4 is delivered to the company. Whether Endorsement on the back of the Share Certificate in favour of Transferee will suffice or New Share Certificate is required to be issued in favour of Transferee ? BY: Gaurav Kumar Baranwal No answers yet View Answers | Post Answers |
| 20724 |
Aug. 14 2021 |
REGARDING UDIN –
(Compliance)
Hello Everyone, My query is:- If return is filed u/s 44AD and as required by Bank the Profit & loss and Balance sheet has been prepared, then Is it mandatory to put UDIN on that Balance sheet? Answer will be either yes or No please give reasons. BY: JYOTI MAHAJAN No answers yet View Answers | Post Answers |
| 20723 |
Aug. 13 2021 |
082442 –
(AUDIT)
How to obtain RBIUCN ? Please suggest BY: CA. MANOCHA JAGDISH KUMAR No answers yet View Answers | Post Answers |
| 20722 |
Aug. 11 2021 |
444964 –
(DIRECT TAXES)
INCOME OF HOCKEY PLAYER ON WHICH TDS IS DEDUCTED UNDER SECTION 194JB WILL BE SHOWN UNDER 44 AD OR 44ADA?? PLZ TELL ME KNOW THE BUSINESS CODE. BY: ARIHANT JAIN No answers yet View Answers | Post Answers |
| 20720 |
Aug. 10 2021 |
CAN STATUTORY AUDITOR ISSUE 15CB FOR THE SAME COMPANY –
(Companies Act, 2013)
It is understood that an internal auditor of a Pvt ltd company issues a 15CB certificate under the IT Act. 1961 My query is can auditor issue 15CB for the same company where he is the statutory auditor appointed to audit the accounts of the company and issue an Independent audit report u/s CA 2013 BY: RAGHAVENDRA ACHARYA C No answers yet View Answers | Post Answers |
| 20721 |
Aug. 10 2021 |
Date of Creation of HUF –
(DIRECT TAXES)
What should be the date of Creation of HUF ? 1. Date of Marriage OR 2. Date of Birth of Eldest Son BY: Gaurav Kumar Baranwal No answers yet View Answers | Post Answers |
| 20719 |
Aug. 09 2021 |
444964 –
(DIRECT TAXES)
INCOME OF HOCKEY PLAYER ON WHICH TDS IS DEDUCTED UNDER SECTION 194JB WILL BE SHOWN UNDER 44 AD OR 44ADA?? BY: ARIHANT JAIN No answers yet View Answers | Post Answers |
| 20718 |
Aug. 07 2021 |
VALAKALTHANAMA FROM A NON RESIDENT INDIAN –
(MISC.)
Good day to all my dear professional colleagues. Please help me out in resolving this query. My client who is a Non-Resident Indian had filed his appeal and now he wants to make me as his authorized representative so that I can represent before the appellate authorities. Kindly, let me know the process of obtaining Vakalathanama from him who is residing outside India. Thanking you all BY: D R V NARENDRA REDDY No answers yet View Answers | Post Answers |
| 20717 |
Aug. 06 2021 |
TDS-Section 206AB and 206CC –
(TDS/TCS)
1. With inroduction of section 206CCA, earlier provision of section 206C(1H) i.e. applicable in case of Turnover of Rs 10 crores of more is still applicable ? 2.Section 206AB and 206CCA is applicable in following cases ? Is it applicable to only to the person who is having TAN Number (OR) It is applicable to all person who is having PAN(i.e. even to the person who does not have TAN ) 3.Compliance check functionality (a) Should it be checked only by TAN holders or even person who is having PAN but does not have TAN (b) Should TAN holder check only for the person for whom TDS /TCS is alreary dedcuted in last 2 years or TAN holder should check for all perosn (i.e. even for whom TDS/TCS is not dedcuted / collected in last 2 years ) Thank you in advance BY: samirkumar gokulbhai kasvala No answers yet View Answers | Post Answers |
| 20716 |
Aug. 05 2021 |
Deductions under Income Tax Act in case of Cancellation of ESOP?OP –
(DIRECT TAXES)
If the company had cancelled the granted employee stock options and on account of such Proposed Option Cancellation, employee gets cash compensation in full and final discharge during FY 2020-21. The TDS under section-192 was deducted by the company in respect of cash compensation against cancellation of ESOP. The employee was resigned from his job in the FY 2018-19 and the employee is not getting salary from any employer during FY 2020-21. Now, the query is whether the employee is eligible for deductions like Standard Deduction u/s 16(ia), Chapter-VIA deductions Section-80C etc.? BY: CA Neha Gupta No answers yet View Answers | Post Answers |
| 20714 |
Aug. 04 2021 |
Input Credit of GSt paid under reverse charge to transport agency –
(GST)
An asessee is paying GST under reverse charge on transportation charges @ 5% and is claiming input credit for the same also. Whether it is ok BY: Mahesh Kumar No answers yet View Answers | Post Answers |
| 20715 |
Aug. 04 2021 |
Long Term Capital Gains Liability –
(DIRECT TAXES)
Dear Members, Please clarify the following: An Assessee had Sold Shares in Unlisted Company during the previous Financial year. The assessee had purchased the Shares Long time ago. The Cost of Acquisition of the Shares were made at the Face Value being Rs.5/- Per share. 1) Wheter the Sale Proceeds would attract Long Term Capital gains Tax at 20%. 2) On the other hand If no Indexation Benefit has been availed whether it would attract Tax at 10% as per provisions of section 112A of the Income Tax Act. A.S. Raman Charterted Accountant. BY: RAMAN No answers yet View Answers | Post Answers |
| 20712 |
Jul. 31 2021 |
118411 –
(AUDIT)
When do MAT Entitlement become receivable in books of account ? Whether at the time of provision of MAT TAX OR in the next year when the company pays such MAT TAX PAYABLE?. BY: KETAN SHETH No answers yet View Answers | Post Answers |
| 20713 |
Jul. 31 2021 |
FOR BECOMING FCA –
(MISC.)
Hello all members, The matter is as follows:- For becoming FCA, 5 years to be counted Whether from date of becoming member or from date of holding COP? BY: JYOTI MAHAJAN No answers yet View Answers | Post Answers |
| 20711 |
Jul. 30 2021 |
Remotely working for proprietary trading firms based in the US/EU is legal in India? –
(INTERNATIONAL BUSINESS)
Remotely working for proprietary trading firms based in the US/EU is legal in India? Firm names Eg - (i) FTMO Trading Global/FF Traders, Prague (ii) Flow Traders, Netherlands (iii) Seven Points Capital, USA (iv) TopStep Technolgies LLC/ TopStep Funded, USA Here proprietary trading according to investopedia means - "Proprietary trading refers to a financial firm or commercial bank that invests for direct market gain rather than earning commission dollars by trading on behalf of clients. Also known as "prop trading," this type of trading activity occurs when a financial firm chooses to profit from market activities rather than thin-margin commissions obtained through client trading activity. Proprietary trading may involve the trading of stocks, bonds, commodities, currencies or other instruments." To be simple - the client will be only providing my services managing firms' capital and will they will provide me profit split in return. Would this be allowed as per the laws of FEMA? BY: Hunny Badlani No answers yet View Answers | Post Answers |
| 20710 |
Jul. 27 2021 |
Notice recd for Non filing of SFT –
(DIRECT TAXES)
The entity has not filed the SFT and now the entity has received the notice to filed the SFT . 1) My question is that what are the consequences of Non Filing of SFT . 2) If the Entity has filied the SFT in reply to the notice is there any way to waive the penalty u/s 271 FA , Please give the advise on this issue. BY: GOPAL KUMAR AGRAWAL No answers yet View Answers | Post Answers |
| 20709 |
Jul. 26 2021 |
Taxability of compulsory land acquisition –
(DIRECT TAXES)
Sir, is acquisition by UP AWAS EVAM VIKAS PARISHAD, covered under RFCTLARR Act? BY: RAM KUMAR SARASWAT No answers yet View Answers | Post Answers |
| 20707 |
Jul. 23 2021 |
255279 –
(TDS/TCS)
Dear Team, Background of the case. The deductor is deducting TDS after assessee filling his income tax return of (AY 2020-21) & the due date for filling belated return time is already over. And the assessee has offered corresponding income in AY 2020-21 & not show any carry forward of TDS credit in his ITR-5 What are the ways to claim the TDS in subsequent years? BY: RYALI VAMSI KRISHNA No answers yet View Answers | Post Answers |
| 20708 |
Jul. 23 2021 |
Online filing ITR 4 –
(DIRECT TAXES)
I am not able to file online ITR 4 today because of Technical faults. Has any body filed ITR for current Ass year 2021-22 BY: Mahesh Kumar No answers yet View Answers | Post Answers |
