Nitin Ambekar

Sir,i want to know the a/c name and city agst.utr number-SBIN423006594116


phaniram
23 January 2023 at 13:27

Treatment in BOA

B ltd is subsidiary company to A ltd and C ltd is associate to A ltd. B ltd has disposed a business unit under demerger to C ltd. now C ltd as purchase consideration issued its shares directly to share holders of B ltd. Since A limited is also share holder of B ltd it received shares of C ltd. Now what is the accounting treatment for the transaction in the books of A limited?.

Note: A ltd has recorded investment in subsidiary company B ltd at cost. Therefore there will be no change in value of investment of B ltd in the Books of A ltd after Demerger. But A ltd will receive shares of C ltd the resulting company.


mohdsamiullakhan
23 January 2023 at 13:07

Service tax for 2015-16

My client, has been served a notice to pay service tax for FY 2015-16, his nature of work is centering contractor. and he has done a contract work of Rs. 40 Lacs in the year. is he appicable for service tax and how much is he payable. pls advice me sir


G Prathiba

What are the ROC Compliances need to do for transfer of shares?

Please explain the procedure required to do for the private limited company.

Thanks in advance.


RAKESH BAGRECHA

WHILE GENERATING THE FILE FOR FILING TDS RETURN I AM GETTING THE MESSAGE "NAME DOES NOT MATCH WITH TAN NAME AS PER CSI FILE". EARLIER WHILE DOWNLOADING THE CSI FILE FROM NSDL PORTAL, THERE WERE NO SUCH ISSUES. BUT WHEN I AM DOWNLOAD THE CSI FILE FROM INCOME TAX PORTAL I AM GETTING THE ABOVE MESSAGE.


mayur kumar

Can I revoke the GST which got Cancelled suo-moto (Effective from 31/07/2019) ? , if Yes , what is the procedure and how much penalties i need to incure , it got cancelled due to non filings. If it is not possible to revoke then what would be the possible way or alternative way.


AMITABHA BAJPAYEE
23 January 2023 at 10:59

Residential status in PAN

My son is an NRI living in Europe since 2007.He has a PAN and Aadhar. He do not file any return in India since 2007. He does not have any income in India since 2007. How to change his status in PAN ? His PAN and Aadhar are not linked. Is it necessary or mandatory ? Is it required to change the Aadhar status also ? Can all this be done online ? Is there any way to view the status in PAN online ?


Kollipara Sundaraiah
23 January 2023 at 10:12

Tax pay on bank closing balance

Sir,
It assessess all receipts and payments transactions through on bank online mode at the end of finical year all transactions after bank account closing balance rs:7 lacs
Question:
Assessess tax pay on bank account closing balance.


Kempe Gowda
22 January 2023 at 23:14

Barrowing money from Friend/Relative

Hello Friends,
Can you pls clarify on below questions.
1. Is there a limit on amount I can barrow from friend/Relative? Can I barrow like 1-3crs from their declared income(tax already paid)
2. Do I have to pay them interest at minimal rate if I have to keep the amount from more than year or two.
3. Do we have to sign agreement for documentation purpose if the loan is for long term to furnish to IT dept if demands as I will be declaring the loan during IT filing.

Thanks,


ARUN GUPTA

We have made gst purchase on credit from a party. Now the party is asking to make payment in other firms name which is not gst registered. Can we make payment in other firms name? Will there be any problem in claiming ITC IN future? Please clarify?