Hi
I am writing to seek clarification regarding the filing of the annual return for a Section 8 company. This is the first financial year following the incorporation of the company. Kindly note that there have been no donations received during the year, and the paid-up capital is ₹2,00,000.
In this context, I would like to confirm whether the company is required to file Form MGT-7 or MGT-7A for the annual return.
Your guidance on this matter would be greatly appreciated.
Thank you for your time and support.

Hi, I’m part of a private offshore capital desk. We’re looking to fund short-term PO execution for real MSMEs with confirmed buyer orders. This is not a loan, it is a profit-based funding model. We need someone to help us source, filter, and verify MSMEs with real POs, GST/Udyam, and a capital gap of ₹5–₹25L. If you have clients in this situation, I’d like to work with you on a deal-by-deal basis.

Rent payable by NRI. TDS under what section to be done. What formalaties to followed in remittence of rent to NRI

Sir/Mam,

What is the limit of cash paid for purchase of goods and Expenses

Please clarify my doubt

Thanking you

whether Transporter identification No. is based on PAN for filling on E-way Bill Portal

Respected Colleagues,
If we reverse ITC in others in GSTR 3B Part 4(B)(2) then reversed ITC reflected in Electronic Credit Reversal and Re-claimed Statement Ledger, but in actual its a permanent reversal of ITC, by mistake we plot the amount in Others column, Now how we remove that ITC from Electronic Credit Reversal and Re-claimed Statement Ledger and treated permanent reversal.............Please give your valuable advice

If 2 different business verticals are gst registered on 1 pan no .( One business is artificial jwellery and other clothing). Is it mandatory to take ISD Registration.? There is no common input service.

DEAR SIR,

ONE OF MY CLIENT RENTING HIS 12WHEELS HEAVY VEHICLE FOR SO MANY COMPANIES. HIS PREVIOUS YEAR RENTAL INCOME RS. 407006/-(154551/87900/164555) FROM ALL COMPANIES. NO ONE HAS BEEN DEDUCTED TDS.
AND ALSO HIS UPI TRANSACTION NEARLY ABOVE 40LAKHS PER ANNUM. RECEIVED FROM RENTING VEHICLES.

IN THIS CASE CAN WE DECLARE BUSINESS INCOME U/S 44AD

YOUR GUIDENCE MUCH NEEDED

THANK YOU

We are selling poultry feed supplement product.
Our product is taxable.

In addition we are providing lab testing service for one day chicks ( poultry animal )

We are purchasing lab chemical, lab apparatus and paying gst on that procurement. In nutshell we are providing veterinary services.

My question is can we avail input credit on purchases of lab material. We are giving this service as free of cost. Giving this free lab service customers induce to buy our product.

Sir,

While file ( 24 Q Qtr. 4th 2024-25) TDS return in below option ask in Colum no.332B in RPU file :-
(Whether opting for taxation u/s 115BAC ? (Applicable from Fy 2020-21 up to Fy 2023-24)
Or Whether opting out from taxation u/s 115BAC (1A) (Applicable from Fy2023-24 onwards )
(Yes /No) )
Which option we select Yes/No please revert.