Abhishek Jain
09 May 2020 at 21:13

Prop to Pvt Ltd Business Trasfer

Dear Sir


i want to know about the various provisions applicable under various statutes when the running sole proprietorship business is taken over by a EXISTING PRIVATE COMPANY WHERE THE DIRECTOR OF THE COMPANY IS THE PROPRIETOR OF THE BUSINESS WHICH IS BEING TAKENOVER. I ALSO WANT TO KNOW ABOUT THE MANNER OF DISCHARGING THE PURCHASE CONSIDERATION WHETHER THROUGH SHARES OR THROUGH CASH. AND IS THERE ANY CONDITION OR LEGAL REQUIREMENT ON SHARES ISSUED BY THE COMPANY. AND WHAT KIND OF RESOLUTION REQUIRED FOR THIS PURPOSE AND WHETHER IT IS REQUIRED TO INTIMATE ROC? PLZ REPLY SOON ITS URGENT.THANKS IN ADVANCE.


Karaoke n piano Bhandarkar

Sir,
My Mother has One Residential Premises at chawl in Mumbai which was Purchased in the year 1970. In the Month of December 2019 Tenancy rights of residential House has been sold and Rs.30 Lacs has been received From Person who Purchased Tenancy rights of such House and 10% of Consideration has been paid to Landlord and Surrender Tenancy Rights . My Mother is 79 Years Old and Such Consideration received has Kept in Bank now Before Completion of Six Month from the date of sale of Tenancy rights is Long Term Capital Gain is Applicable and Is Any Tax Saving investment to Save the tax is Applicable for Sale of Tenancy Rights
Can You advice Better so that in Future there should not be any hasslement
please guide me and advice accordingly
thanks
Santosh Bhandarkar
9820056302
Email :- sanvas31@gmail.com


Kollipara Sundaraiah

Any gst registered dealer gst input tax claim and output tax claim and gst tax paid and late fees and Interest paid ledgers create under groups heads.


SOMNATH MANNA
09 May 2020 at 17:04

Expenses

computer repair - account head


Shan
09 May 2020 at 14:47

Sales shown in wrong head

Hello,
*I have not shown nil/exempted sales separately in GSTR3b.
*GSTR1 has been filed with correct data.
*That means from total sales the figures for Nil/exempt sales which i had to report separately in GSTR3B return i have added up the figure with taxable sales.
*There is no issue of tax payments, as taxes are calculated and paid correctly.

My question is do i need to anything else to rectify this mistake.


Thanking You


Shobhit Jain
09 May 2020 at 13:38

TDS Return

I have lost the token number of the previous TDS return?
How to get the same as same needs to be entered in current TDS return?


Sunil
09 May 2020 at 12:38

TDS on sale of property

I want ask about tds on sale of property we have deposited tds on sale of property in march, 2020 but regisrty of house has not been done in march, 2020 due to covid-19. In the above situation tds can be refunded to buyer after any rectification.


K BHEEMA REDDY
09 May 2020 at 11:43

ESI

Dear sir/Madam,
I Have one doubt regarding ESI applicability.
In our organisation Some of employees Gross wages is Exact Rs 21000/-.whether we have to deduct ESI @0.75% or not.

ESI is applicable upto 20999 or 21000..?


Thanks in advance.
Regards,
Bheema Reddy.


Shreenidhi
09 May 2020 at 10:09

FEMA Query on rights issue

A private limited company wants to issue shares through rights issue. All the shareholders of the Company are Non- Resident.

Can the company issue shares at Face value?
or
The price at which the shares to be issued needs to be determined as per valuation certificate?


Sunil
09 May 2020 at 09:45

TDS ON SALE OF PROPERTY

Dear Sir
I want ask about tds on sale of property we have deposited tds on sale of property in march, 2020 but regisrty has not been done in march, 2020 due to covid-19 and therefore we can take refund of tds deposited or adjusted such tds as self assessment tax at the time of filling ITR.