engineeringstudent1

Sir/Ma'am
I live in ghaziabad uttar pradesh . I invested in a pvt ltd company in may 2019 based in Tamil nadu as a shareholder having 49% equity in that company. I have all the documents of two directors who are husband and wife having 51% equity and both are directors . At the time of getting share certificate for the same , He also gave me well endorsed (signed and stamped with company ) cheque (post dated to may 2020) worth total sum i paid against shares. As time went on,
I as a shareholder kept askign him on monthly basis about what and hows business going on? but he didn't respond me satisfactorily. Later he himself told me to get separated on good note from company , I suddenly agreed without thinking . As per our shareholder agreement (If either of the shareholders desire at any time to sell the whole or part of their shares of the company, the share holder first offer such shares in writing to other shareholder . If other party does not accepting within 90 DAYS , then first party will be at the liberty to sell the shares to any other person at the same price and the same conditions) and also stated in agreement( Shareholder will be entitled to interest at the rate of 18% per annum on the sums brought in by him or his associates/concerns/businesses) .He told me he would forward the refund request to his CA. I sent him mail regarding refund and after 90 days approx, i asked him about refund , he said he is searching for another investor , I was unable to understand what happened to request made to CA by him , why should i suffer? if he is not able to find another investor, He didn't conducted any AGM and even not provided me audit report .Still i gave him some more time BUT as time progressed, he stopped responding . I used to interact over whatsapp and sometimes email .He is also not responding over repeated email/whatsapp from my side. The final thing is that I have with me , the cheque dated 5 may 2020(3 months validity) , share certificate and company docs, id proofs of owner, passport copy .

Q- He also issued me SECURITY CHEQUE with same amount i paid subscribing equity shares. CAN I GO TO BANK TO ENCASH THE CHEQUE IF CEO / DIRECTORS NOT RESPONDING TO GET MY INVESTED MONEY BACK.

Q - AS i have only 2 months remaining to use cheque. What should i Do?

Q- Can company sue me under COMPANIES ACT 2013 on ANY grounds merely for using SECURITY CHEQUE.( AS company) ITSELF NOT RESPONDING ME

Q- Is MCA investor service effective for startup company

Q- As a new and beginner investor ,,,,what should i do get money back without getting into much legality

Q- what proper should i go for?


Kollipara Sundaraiah

Sir,
One of gst registered regular scheme dealer gstr3b and gstr1 up to date returns filed March,2020.if a dealer some b2b sales invoices missed for the month of December,2019 and Januvary,2020 in year 2019-2020.
Doubt:
Dealer how to file producure of sales missed invoices shown in gstr3b and gstr1 returns year2019-2020.


Kollipara Sundaraiah
02 June 2020 at 18:19

Sec 194j under I.t. act

What is difference between technical services and technical consultancy as per 194j in I.t. act.


Mahendra Singh Rao
02 June 2020 at 16:21

WRONG GST NO. FEEDED

RESPECTED SIR,
WHILE FURNISHING CHALLAN OF GST AND I MENTION GST NO. 08AAAGU0557M1ZV OF NORMAL TAXPAYER INSTEAD GST NO. 08AAAGU0557M1D4 OF TAX DEDUCTOR. NOW I WANT TO RECTIFY GST NO. IN CHALLAN. HOW CAN I REVISED MY GST NO. IN A CHALLAN.


Kollipara Sundaraiah
02 June 2020 at 15:07

Allowed business expenses

Gst tax paid,late fees,interest,penality paid .
Any registered dealer above expenses paid allowed business expenses in I.t. act.


K BHEEMA REDDY
02 June 2020 at 14:59

TDS ON CONTRACT PAYMENTS

Dear sir,

As per Latest notification TDS Rates are reduced 25% and New Rates are applicable from 14.05.2020. Here my Doubt is..... In Invoice date is mentioned as 12.05.2020 But in our books GRN/SRN Recorded in 16.05.2020 (This composite service i.e material + service) and Invoice copy also Received as on 16.05.2020.
Here my doubt is at what rate TDS will be Deducted....? either TDS will be deducted as per old rate because invoice date mentioned as 12.05.2020 i.e before notification (OR) Tds will be deducted as per new rate because GRN/ SRN is on 16.05.2020 i.e after notification.



Thanks in advance
Regards,
Bheema Reddy.


Pragati Sharma

Dear Experts,

I am a trader engaged in sale of marble products, imported these COVID-19 supplies for the time being.
I am selling Mask & Infrared Thermometer(imported from China) on Flipkart portal. After 5 sale orders, now the portal is asking me for mandatory Form 20A license.
Can you please help me whether it is mandatory in my case?


Shweta Pendse
02 June 2020 at 14:11

Tution income

Hello!
Greetings for the day!

I conduct home based tutions. i give receipts to students on fees payment from them.
Could i use these receipts as income proof for filing ITR?

Thanks and Regards
-Shweta


Amit

I have Accounting Technician certificate. My ca final is pending and i want to start my own office as tax consultant. can i use designation as tax consultant by making own website, visiting card and the display board outside my office?. further the same question about stamp and office seal. can i do so? and what other options do i have ?


Shakthipro badge
02 June 2020 at 12:38

Exemption Section

Income of Clubs and associaitons are excluded based on the mutuality concept. But how to claim the exemption in the ITR / Exempt under which section. Return has to be filed for getting the tds refund.