Wilson Yomso
04 November 2024 at 00:03

Not a CA , can we prepare balance sheet

I am not a CA or related to finance in any way .Can i prepare a balance sheet, Profit statement , cash flow by learning from youtube/internet and present it to concerned parties ? isthere any legal restriction ?


Akshit Jain

Legally if there any time limit within which transmission of mutual fund folios of the deceased to the nominee/legal heir should take place. Can the legal heir claim mutual funds in the deceased name 10 years after the demise of the mutual fund holder?


MAHESHAApro badge
29 October 2024 at 13:06

PTRC Challan

made payment for PTRC Sept 2023 but by mistake period selected Sept 2024.
and that time i made new payment for Sept 2023 and file PTRC return
now i want to use Sept 2024 PTRC challan which payment done in 2023

My query is How to Show in PTRC return?


PRIYA

My husband had nominated me in his PPF Account in the year 1998. After his death when I went for it's claim, I was told that the nominee name is feeded as (,anisha) whereas my name is Manisha. The address details feeded were correct and are same as that on my adhaar. What can I do to claim the amount?


TRILOCHAN PANI

PROJECT REPORT FOR COMMERCIAL VEHICLE LOAN


Mohit Landge

I had purchased a flat and paid the required TDS. Afterwards, I filed Form 26QB and generated Form 16B. Unfortunately, due to unforeseen circumstances, I had to cancel the flat. Now, I'm trying to get a refund for the TDS amount I paid.

The developer can see the TDS against my PAN in Form 26AS but cannot claim or refund the amount from their side. Since a new buyer will also be paying TDS for the same property, it could lead to discrepancies in the developer's Income Tax Return (ITR). The developer assured me they would not claim the TDS I paid.

Is there any official process or way I can get a refund for the TDS amount paid, considering that Forms 26QB and 16B have already been filed? Any guidance would be greatly appreciated.


Mahabir Prasad Agarwal

We have formed a Society to maintain day to day affairs of the flats in the name of "XYZ Housing Society" We have to open a bank a/c in the name of the society, but bank asks for PAN card. What documents will be required for applying the PAN Card ? Whether without registration of the said society, is it possible to apply PAN card of the society ?


Sadashiv N
12 October 2024 at 23:30

27Q preparation with RPU V5.3

I am getting following error 'T-FV-3173 TAN name provided in file is 'SADASHIVA ALAMBI NAYAK', however TAN name as per TAN master database of Income Tax Department (ITD) is 'xxxxx'.

This TDS return(27Q) is for the property purchased from an NRI in Bangalore.

The FUV file is created, but with above error thrown while creating the file RPU utility.

Any solution/suggestion is highly appreciated. I checked the name. It is same in TAN as well as in Challan.

-Solved.


M Sivakumar
04 November 2024 at 10:41

Invoicing in different currency

Within india is it possible to Invoice in USD Currency if the Customer is not in EOU or SEZ


Anurag
01 October 2024 at 22:43

GMCS - Not completed so far

Dear All,

I find myself in a difficult situation for all fault of mine but cleared by CA Final in 2013 and since then have not applied for membership as I have not completed my GMCS and compelling family conditions forced me not to take any holidays - again my fault not making excuses. I live overseas now and when I contacted ICAI they mentioned that GMCS is only done in person and not online. What options do I have here as I need to get onto the membership ladder

Please guide

Kind regards