Dear sir,

In a company or Individual - purchased UPS Batteries life time 3 to 5 years (1 year warranty) booked under fixed assets (Plant & Machinery 15%) , and after 3 years we purchased new batteries, then the old batteries not written off and continues to claim the Depreciation, is it right as per act , please suggest / advice

FACING AN ISSUE WHILE SUBMISSION OF E FORMS ON MCA - PLEASE SUGGEST RESOLUTION
SECTION 8 COMAPNY REGISTRATION
MY SEQUENCE OF FORMS TO BE UPLOADED ARE AS UNDER:
1. SPICE PARTB
2. MOA (PHYSICALLY SIGNED)
3. AOA (PHYSICALLY SIGNED)
4. AGILE PRO
5. INC9

I have bought shares of TCS in year 2008. TCS is coming out with a share buyback scheme and has announced it on 13Jan22. If I participate in the share buyback scheme and sell my shares through this facility, do I have to pay any capital gains tax? Or the full proceeds, irrespective of the amount is fully exempt from any tax at the hand of the shareholder?

Received partial payment from DHFL FD & NCDs. To my earlier query on this topic, Shri Dhirajlal Rambhia has already clarified that any loss on this can be claimed for CG calculations. FD maturity date was 07-Jan-2020 and two NCDs are due to mature in 2026 & 2028. Partial payment was received on 29-Sep-2021. Please clarify this loss in principal will be treated as STCL or LTCL. Thanking you in advance. Kasiraj G

What is the exact difference between accumulated depreciation and depreciation reserve? May some explain in detail?

I am Indian company, i have taken service as freelancing from a Nepali person
The payment is above Rs. 30,000

As an Indian Company do i need to deduct TDS and at what rate
Is there any other compliance to be done.

Hi,

I paid my Advance Tax using Net Banking provided by Bank

I cross check all details in Challan like PAN Number , AY etc & there is no error from my end

But It is still not reflecting in my 26AS

Even Bank says there is no failure from their end & NSDL customer care says that they only facilitate payment of Tax & cannot advise why amount is not showing in Form 26AS

Please advise whom should i approach to resolve this issue

SIR,
A gst registered composite scheme dealer sales turnover rs:35 lacs declared show in income tax returns in f.y. 20-21.
1.Gst registered before sales turnover rs:10 lacs(un registered period)
2. Gst registered after sales turnover rs:25 lacs.(registered period)
Question:
Dealer difference turnover rs:10 lacs (rs:35 lacs - rs:25 lacs ) how the show procedure in gst returns in f.y.20-21.

Dear Sir,

One of my client has to receive arrears salary of past months of Rs. 3 lacs which the employer is willing to give in Quarter 4 of F.Y. 2021-22.

The total salary of the employee is Rs. 3.5 lacs p.a.

Is this transaction allowed as per Income tax as the employer will be giving Rs. 3 lacs in 3 months divided as Rs. 1 lac per month from Jan to Mar in Quarter 4

Please help me in this matter.

Regards,
Divyesh Jain

GOOD MORNING!

I HAVE APPLIED FOR A NEW INCORPORATION OF LLP, ALL INFORMATION IS CORRECT EXCEPT IN ADDRESS "SF" HAS BEEN PRINTED BUT I WANT TO ADD "SF-6" , WHICH FORM SHOULD I FILL, PLEASE SUGGEST