Hi

I am unable to generate json file while filing updated return139(8A) for Ay 2022-23 in excel utility.Data filed but when we click on generate json file button then no json file created.What is solution for same ?

HI

AS PER 5(3) OF CHARTERED ACCOUNTANTS REGULATION, 1988 WHICH SUB CLAUSE WILL APPLY FOR PRACTICING CA COMPLETED MORE THAN 5 YEARS OF SERVICE NEED TO APPLY FOR FCA?

A Pvt Ltd is engaged in providing services(but not transport srvices) registered under GST in Delhi. It hires a 35seater coarch in Chennaifor 15 days for a foreign deegates in India as part of its services.

The transporter charges 2lacs +IGST@5%.

Can A Pvt. Ltd. avail ITC on it.

Please share your views.

Thanks
P.C. Joshi

Hi,

what option need to select in form 3 decalration for practicing CA who wants to chagne from ACA to FCA.

For the purpose of sub-section (3) of section 5, an associate shall be deemed to have acquired the experience normally acquired as a result of continuous practice for a period of five years as a chartered accountant, if he:-

(i) being in government service or being employed in an educational institution approved by the Council or being employed in a private or government, industrial, commercial or trading undertaking, is ordinarily holding or has ordinarily held for a continuous period of not less than 5 years, any one or more posts carrying duties relating to accounts, costs accounts, audit, finance, taxation, company law and or secretarial work;

(ii) being employed under a statutory authority, is ordinarily holding or has ordinarily held for a continuous period of not less than five years, any one or more posts carrying duties mentioned in clause (i) above;

(iii) being employed under a local authority, , is ordinarily holding or has ordinarily held for a continuous period of not less than five years, any one or more posts carrying duties mentioned in clause (i) above provided the local authority has within its jurisdiction a population of not less than five lakhs of persons during each of the five years of his service;

(iv) has served for a continuous period of not less than five years as a full-time paid assistant under a chartered accountant:

Recently my friend was given resign letter to employer. Now he want to Withdrawal his PF amount for Final full Settlement purpose. Note that his Service Period is 10 years Plus & Total PF amount is 74500.00.

Can He upload 15G Form (Mandatory) for PF amount Final Settlement purpose ?
If he will not Summited 15 G Form then Govt Deducted TDS?

My NRI Friend wanted to purchase a Flat in Mumbai.He paid advance to the Builder.But the builders failed to construct the flat,and my friend filed a case against them.The court gave a verdict ordering the builder to pay back the advance amount along with interest.These payments were transfered to my Friend's NRO Account.He is an income tax assesse and has local income in india. Now my query is that ,is he liable to pay tax on the interest part of the sum received from builder or whole amount.Also can he claim deduction on the fees /expenses paid towards legal proceedings???

I missed filing the return for FY 2021-22 by dt.31-12-22 Now I filing a return u/s 139(8A) on dt.1-1-23 but during the validation, by uploading the JSON file the error shows that "You cannot file under section as the time limit to file under this section is over."
So, from which date I can file ITR-U section 139(8A) for FY 2021-22 or what is wrong with this error?

Can a Private Limited Company claim ITC of GST charged by a CS for incorporation of that Company?

Self having a personal loan account with private sector bank and account statement showing 2 months emi not paid but there is only one due actually not paid ,also cibil report also showing one delayed payment.kindly requested for inputs
Thanks and regards

My friend send one equipment to service, its not working conditions and 3 year old used in hospitals, for customs clearance what are the documents i need to submit, whether i need to pay custom duty?