CA Parul Saxena online

Please elaborate the provision if any regarding whether a corporate can give loan to another corporate?


Saravanan T Rajan
23 May 2018 at 22:54

Spice form

Dear sir,I have filed SPICe Form, but my bad luck they have rejected my form two more times, now my question is whether can I claim refund from MCA which I paid of Rs 80k at time of filling If yes please tell me what is procedure?


rishab bokadia
23 May 2018 at 22:53

For eway bill

Suppose if I send goods amounting rs 30000 in a transport to m/s A Pvt LTD company. And another firm sends goods amounting to rs 30000 in that same transport to m/s A Pvt LTD company, which gets loaded in the same truck. So do we both have to issue eway bill. ?
Also is what eway bill needed for distance less then 10 km.



Anonymous
23 May 2018 at 19:22

Invoice mismatch

Dear Experts,
I had issued a Two Tax Invoice Nos. 1 & 2 of Service on Feb, 2018 to the Party. I had also deposited GST against these Tax Invoices but still I have not received any amount from the party.
Now, Party said that they did not considered my Tax Invoice No. 1 in their books and also not shown in their GST Return, due to some reason. Party want New Tax Invoice in current date.
now, what options I have to rectify this issue?
Pl. clear this issue.
Thanks in Advance.


brijendra sisodiya

Dear Members,

My Company has to make a professional fees payment to an individual unregistered person inter state.
my query is whether we are liable for RCM in that case. please reply.
thanking you


CA Antriksh Mishra
23 May 2018 at 18:57

Signature on gst invoice

Dear Member,

Please let me know the consequences if Invoices issued has been signed by the person other than authorized signatory.

Thanks



Anonymous
23 May 2018 at 18:37

Partnership agreement

Hi,

There are Four Partners A, B, C and D in the firm, Each have the share of 25%. now A and X enter into arrangements in which 25% of A will be shared between A and X. and if any capital contribution arises X will give to A and A will invest in the firm. in the firm partnership deed, only A is shown as partner, not X.

my question is an agreement between A and X is legally valid or not and what type of agreement its called partnership or joint venture??



Anonymous
23 May 2018 at 18:11

Error in filing gstr-1

Advances received in the month of March 2018 have erroneously been shown under B2C Invoices in GSTR-1 filed for March 2018. How do I rectify it?


zareena
23 May 2018 at 17:51

Professional tax

Sir,
We have private limited company, in this company we are having 55 branches.
My query is:
Can we pay the professional tax for each branch???
Or
Can we pay the professional tax for directors

Please suggest me


sanjay kumar
23 May 2018 at 17:35

Regarding 271(1)(c) notice

Sir,
I am a salaried person. I was not filed my return from A.y 2010-11, to 2016-17 whereas the tds had deducted by employer. ITD has issued a notice u/s 271(1)(c) and imposed the demand.In his order as the reason The assessee did not file his Income Tax Return for the A.Y. 2010-11. The proceedings u/s 147 of the I.T. Act was initiated after recording proper reasons and obtaining prior approval of the worthy Pr. Commissioner of Income Tax- 2, Jaipur on 24.03.2017. Notice u/s 148 of the Income Tax Act, 1961 issued on 27.03.2017 on the basis of following reasons:not filed his Income Tax return.
“As per 26AS data it is seen that during the F.Y. 2009-10 relevant to A.Y. 2010-11 the assessee has received salary amounting to Rs. 5,24,349/- and on this amount TDS amounting to Rs. 1,08,325/- has been deducted by the deductor/employer. On perusal of records of the assessee it is seen that assessee has not filed his income tax return for the A.Y. 2010-11. In the absence of ITR, the salary received amounting to Rs. 5,24,349/- is not verifiable. Therefore, I have reason to believe that income of assessee to the tune of Rs. 5,24,349/- has escaped assessment.“
1. Further, the assessee has not e-filed his return of income in response to the notice u/s 148 of the IT Act, 1961. The assessee has also not complied with the statutory notices 148 & 142(1) of the IT Act, 1961. Thereafter, the assessee was issued two show cause notices but the assessee did not attend the assessment proceedings nor submitted any written submission. Therefore the AO completed the assessment proceedings u/s 144 r.w.s. 147 of the IT Act, 1961 on 21.11.2017. During the assessment proceedings, on the basis of information available on the record the AO found that the assessee had received salary income amounting to Rs. 5,24,349/- and on this amount total TDS amounting to Rs. 1,08,325/- had been deducted by the deductor. Since the assessee had neither filed his return of income for the A.Y. 2010-11 nor co-operated in the assessment proceedings despite provided the more and sufficient opportunities. Thereafter, the assessment proceedings 144 r.w.s. u/s 147 of the I.T. Act was completed on 21.11.2017 at assessed income of Rs. 5,24,349/-, on account of salary received which was held as undisclosed income of the assessee and also attributable to concealment of income. Therefore, the penalty proceedings u/s 271(1)(c) has been initiated by issuing notice u/s 271(1)(c) read with section 274 of the IT Act, 1961 on 21.11.2017. Thereafter a show cause notice u/s 271(1)(c) has been issued on 08.05.2017. In response, neither the assessee.
Now what i have to do in this matter , kindly suggest me.
Thanks for your help






Follow us


Answer Query