Hello. We are new startup. We have paid up capital of 1 lakh and authorised capital of 10 lakhs, face value is 10. Two directors with 50/50 split= 5000 shares each. Now we have an invester with 1 lakh rupees and we want to give 1000 shares to him. In Form SH4, under consideration recieved shud we mention as 1lakh rupees??

A gst registered regular scheme dealer purchases of goods invoices one dealer not uploaded show in gst 2a.
Question:
Dealer not uploaded invoices report to another dealer used new function
facilitie communication taxpayer options allowed in gst act.

Dear Sir, I have one question related to gst return of telecom distributor. One of my client is telecom distributor of Internet Services Provider Company. He is issuing commission invoice to company and paying gst on commission. Then whether he is required to issue outward invoice for each internet recharge value tranferred by him to a retailer. Internet Services Provider Company is issuing tax invoice for each value order placed by the distributor and it is appearing in GSTR-2A of a distributor. Please provide your expert view on a given issue.
As per the current position, the distributor is only issuing commission invoices to the company charging GST on the commission given by Internet Services Provider Company.

One of my client's turnover is more than Rs. 10 crs. and paid up share capital is more than Rs. 1 cr. but they dont have any loans outstanding at the end of the year.

Whether CARO and Internal Financial Controls will get applicable to such a Private Limited Company?

Thanks in advance

what is the due date of GST Annual return FY 19-20...and for FY 18-19?

I want to sell my Pvt Ltd Company.

Dear Sir

We have current account + CC in nationalised bank. Our bank is know saying to close current account because of Circular dated 6 aug 2020 RBI.

What steps we can take to ensure that current account is not closed.

Hi
Is there any Accounting Standards for Capitalizing the Tools. We are capitalizing the Tools- Moulds, Dies and Punches with 1 year life in the USGAAP & IGAAP.
The question is about the date of Capitalization. Is the date to be considered, when we "put to use" or on the basis of "date of purchase"
Kindly opine
Thanks
Pramod

I booked residential property in 2015made some advance payment and got allotment letter on making advance payment . The position of flat will be given in march 2021. The balance payment of 40 lacs is to be made before I get possesion / the builder makes sale deed iny name
I sold my existing (old) property (which was purchased in 2007)in December 2020. Capital gain on this old property which was sold in dec.2020 works out to be 30 lakhs. please guide can I get the exemption / benefit. Also inform what will be the date of purchase of new property date of allotment which is dated 2015 Ordate of sale deed which will be march 2021
Thanks in anticipation

One of my client in India is having one office in partnership in Hong kong .
he has earned commission Income for selling goods to Columbia which he has purchased from china.
Income accrued and received in hong kong only.
now he wants to remit the forein earned income in india.
what will be the Tax implications as per Income Tax Act and as per GST act ????