Hi, A producer company is registered in Nov 2020 for which AGM is to be conducted within 90 days from date of incorporation . In this case AGM to be made in Feb 2021. So how to close the books of accounts which is to be kept in the AGM as the financial year ends only on march . And whether to conduct another AGM before sept 2021 for closing of Financial year 2020-21.
What all are ROC filings to be made?

Please advice

Dear Sir,

I have a case of IGST paid on Import of 100 Tonne. However, it was short receipt 95 Tonne. Do I require to reverse GST credit on shortage of material received ?

If you can explain with provision reference and also with pre GST Excise provision comparative reference, it would be great.
Thanks in advance.

Model of a debtors and creditors statement

Myself & my husband was jointly holding a property in equal ratio since last 15 years. We sold this property, which of course attracts LTCG, for a total consideration of 1cr. We wish to buy a bigger property but due to fund constraint we are taking my cousin brother and his wife as co-owner, In this property me & my husband's share will be more than 1cr(Total consideration we recd),
My query is that as there will be four owner, will this deal affect in any way claiming capital gain exemption?

respected sir,my pan no. is linked with my bank account but their is some minor difference in name in bank and income tax portal and because of this my refund failed please advice what to do as
rakumar d jain
rajkumar dhankumar jain
please advice

Dear Expert,

Kindly guide me if my party have not paid the sale tax demand in FY 2013-14 assessment.

Regards
Amit Rathi

If a non-resident wishes to run a business in India & for that he appoints an agent to look after day to day activities. Whether TDS will be applicable on payment towards purchase of goods from such agent of Non-resident?

What is the procedure to resign as the Director from an NBFC?
I know we need to update ROC.
Can the application, if any to RBI be initiated by self or does it need to be initiated by the NBFC?

DEAR SIR,

We have supplied material to our X party in FY 10-11 with VAT 12.5% & after year completion we have filled our 704 for that period but in 704 Annexure J1 we have not mentioned party wise J1 i.e. outward supply ,Total amount shown in 704 as a Local Tax & after customer requirements we have filled Annexure J1 in FY 16-17 party wise TIN mentioned , but one party we have put wrong TIN in number in Annexure J1 now the problem is we have filled / paid VAT for this period but our X party not reflected Vat credit because wrong VAT Tin number so what we can do....????

We request you Please help us to sort out....

Hi All -

Kindly help me on this issue -

This is a case of March 2020.
An Assessee has Filed NIL GST Return even though there was a sale in March 2020 and Tax Payable was RS. 26000.

Now, he wants to pay the Tax because the Purchaser has withheld the payment.
How this unpaid GST can be paid now.
Please advise how to resolve the issue. (The purchaser is not willing to deduct the amount of mismatch from the payment due).

Sincere Regards -