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Rahul Raj
16 May 2024 at 12:45

Rent Agreement Between company

Can we create Zero value rental agreement?


Bhavik Shah

Reference:
Master Direction – Export of Goods and Services (Updated as on November 22, 2022)
RBI/FED/2015-16/11
FED Master Direction No. 16/2015-16
C12> (iv) In case the goods are exported on consignment basis, freight and marine insurance must be arranged in India.

I have a case where an overseas buyer is paying for the freight and insurance in case of consignment exports and also for the re-import of goods of the same consignment exports so we export on the basis of FOB.
Our bank says that as per RBI Master Circular it cannot be FOB as freight and insurance has to be paid in India.
I would like to understand the interpretation of this guideline.
Does it mean that:
1) Freight and Insurance has to be paid by the exporter
2) Freight and Insurance has to be paid in India by anyone of the exporter/overseas party/third party
3) Freight and Insurance has to be "arranged" in india at the time of exporting but can be paid by anyone anywhere
4) Freight and Insurance has to be paid/arranged in India only so as to safeguard the FOREX involved in the transaction in case of any loss/damage of the product (since in case of consignment the ownership has not yet passed to the overseas buyer)


jotenain reen
15 May 2024 at 12:31

Warehouse construction

Can anyone please provide the project report on the general warehouse construction?


CA Kamalakar Kadam

Kindly send me educational Institute Project Report


Surendra Shukla

Vendor has served the Service Erection work at plant which TDS should liable if work as been done without any contract it should be either 194c & 194j applicable please suggest


Ganesh Waghmare

I am filling TDS return of Salary of Q4 FY 2023-24, following errors occur while filling return, kindly guide me. (TDS return utility Ver. 5.1).
1) 52 Salary Detail Regular Other special allowances under section 10(14) NA 1 T_FV_6352 Invalid value provided under field 'Other special allowances under section 10(14)'.
2) 55 Salary Detail Regular Total Taxable Income NA 2 T-FV-4040 'Total Taxable Income(355-366)' not equal to the Difference of 'Gross Total Income(338+352)' - 'Gross Total of 'Amount deductible under provisions of chapter VI-A under associated Salary Details-Chapter VIA Detail'
3) 61 Salary Detail Regular Travel Concession or assistance [section 10(5)] NA 4 T_FV_6354 If 'N' is selected for field 'Whether opting for taxation u/s 115BAC? OR Whether opting out from taxation u/s 115BAC(1A) (Applicable from FY 2023-24 onwards) [Yes/No] ', then no value should be specified under this field for statements from FY 2023-24


CHANDAN KHANDELWAL

Where should I make an application for NOC for name approval of a company being incorporated with the name containing "Insurance Broking"?


Anand Prakash Garg
13 May 2024 at 03:16

Sale of Flat and capital gain

I have two flats.
One flat in Bombay, which is in my name only.
One flat in Bangalore, which is in joint name (my name first & wife)

If if sale my Bombay flat, which is in my name and invest whole sale proceeds
to buy another flat in Rajasthan.

i). Is there any capital gain if I invest whole sale proceeds.
ii). The new flat so purchased in Rajasthan can be in my name (single) or in joint name with wife.
IIi). Can one person have two houses?


sandeep
11 May 2024 at 17:58

Din disqualified

If a Din status is disqualified then can person apply for new DIN to become director in Other New Company to be formed.

OR
Else can file DIR-3KYC Form so that DIN can be activated. ?????



Vandana Chaddha
09 May 2024 at 10:40

Tds return 26q rejected

i have file tds return 26q q1 th. income tax site online i have find a acknowledgement but now when i saw today it was rejected at efiling what can i do







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