PROFESSIONAL ADEPT
19 February 2025 at 14:59

INCREASE OF PAID UP CAPITAL

'Pls share the format of resolutions and notice for increasing paid up capital.And also whether it is mandatory for valuation of shares by CA


Suresh S. Tejwani
19 February 2025 at 13:48

Registered Required in GST Act

If Person is Unregistered in GST Act & Providing DSA Service & Earning 60 lakh Commission from NBFC.
Weather it is required to get registered under GST Act or RCM Provision is apply on NBFC.
if person take GST Number then on such commission income tax liability is on NBFC or Registered Person?


Mahabir Prasad Agarwal

One of my GST client (a lady) had expired leaving a sizable amount of ITC in his GST ledger account. As GSTIN cannot be transferred, his husband want to register the business in his name. Whether his husband can avail the ITC balance lying in his deceased wife's ledger account ? What will be the procedure and formalities for the same


Shalini RN

We are C & F Agents. We have recently done partition at the godown where the stocks are kept from work station area. For this work we have got GST Invoice from the vendor. Can we claim ITC on this work. This godown is taken on lease by the company to whom we work as C & F Agents and we are not supposed to pay any kind of rent for this godown. But whatever the repair and maintenance works are done, we have to bear the expenses.


deepak
19 February 2025 at 10:56

ITC Related Query

Can we take credit of IGST amount paid to custom department on goods imported through "Courier bill of Entry XIV for home consumption"? it is imported for resale business purpose only.
CAN we take set off against local liability CGST AND SGST?


Pradip N

What is NIC code for Shares and stocks trading / investment training business.


Chahat Khanna
19 February 2025 at 12:09

ITC eligibility

If we raise a rate difference invoice today pertaining to another invoice which was for last financial year, can the customer take ITC of the same? What would be implications in gst


TV A

Which ITR is to be used when I (Individual) have the following incomes:

1. Salary
2. Consultant income (eligible for Presumptive income under section 44ADA)
3. Share of profits from LLP (exempt u/s 10(2A))

Also, what is the due date for filing the return since I have share of profits from LLP. Kindly guide me. Thank you in advance.
For your information: All the above incomes are from the same LLP


GST Official
18 February 2025 at 22:15

GST on Transport of Exempted Goods

I have a client who is Cattle Feed manufacturer (HSN: 2309) which is 0% taxable under GST.
my query is that he purchase raw agricultural produce from agriculturists which is mostly HUSK again 0% GST taxable good and sell finish cattle feed product that too 0% taxable, so in this case is there any tax liability on transportation of goods arises on him or not? for both inward or outward transportation cases.


Kollipara Sundaraiah online

Sir,
The it tax payer cash loan to relatives rs:15 lacs through on cash mode paid dt:10-1-25
After another date:10-2-25
Cash loan from relatives rs:15 lacs amount repayment through on bank channel mode received
Question:
Assessess above transaction violation of cash rules penalty imposed in it act.





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