Dear Members,
An unlisted public co. Borrowings crosses 50Cr as on 31st Mar,2019.Paid up capital is below the limits prescribed. An Audit firm was serving as auditor for past 10 years and is reappointed for another term of in AGM held in 2019. Kindly clarify the below issues:
1. Are the limits prescribed in Rule 5 of the Companies (Audit and Auditors) Rules,2014 to be checked “At “ the time of appointment of audit firm?
2. For the calculation of term specified in section 139(2), the period served as an auditor before the applicability of limits specified in Rule 5, be counted?

Thanks in advance.

A PERSON HAVING COMMISSION INCOME FROM POSTAL DEPARTMENT (POST COMMISSION AGENT) STARTED BUSINESS AND OBTAINED NEW GST REGISTERATION NUMBER FOR THAT BUSINESS, WHETHER HE IS LIABLE TO PAY GST ON COMMISSION INCOME RECEIVED FROM POSTAL DEPARTMENT ?

I had paid Rs. 10.00 lac as unsecured loan (as you know) to one of my friend before 5 years. Inspite of my many requests and reminders, he neither pays me any interest nor he agrees to refund my my loan. What is the alternative now for me ?

Do we need to use the same proprietor code, for all applications made under the same name(same entity) for trademark(same client code for same entity for different trademarks)?

Sir my pension was held up for 4 years due to non submission of life certificate . It was credited in june 2019 and whole withhold amount credited all together on which tds was deducted how to claim for whole tds refund
My. Actual income is below taxable limit
Pls guide me

I had applied for transfer in 2nd year. SSP says to wait for a month from the date reffered. How can i join another wihtin 30 days in such a case.??? Moreover they have not mentioned from which date it will take a months's time.

Kindly suggest

Hello,

I am looking for some information as to the process of registering a Society Club house. I was going through the link

https://www.caclubindia.com/experts/club-registration-1368309.asp

where it mentions the following

1. The members' club may be an unincorporated society or may be registered under the Indian Companies Act, or Societies Registration Act.

I wanted to know how we can form an unincorporated society as per Indian laws to run the Society Club House. Any guidance on this matter would be really appreciated.

Thank you for your advice and help.

Sir,
A gst registered Kirana store business regular scheme dealer purchases of jewellery value rs:3 lacs personal used purposes.if billing name on firm name received and show in gstr 2a.
Question:
Dealer jewellery value itc claimed show in gstr3b return in gst act.

Dear Sir/Madam,

Being a company am earning in USD & expending in USD (for business promotion) more than INR 80 lakh (1,10,000 USD ) through different payment gateway to different party in year.

Is my expending in USD to abroad attract to income tax or TDS or any other taxes ?

Thank you very much !
Regards,
Krishna

We use to deduct TDS on payment made to a transporter which is a company. Transporter co. has various branches in india, one of our employee paid bilty amount without deducting TDS on it. Now the query is that the bilty is on the name of company and full amount without deduction of TDS has been paid by the employee related to november 20 month. Now he is claiming reimbursement of expenses he made.
please suggest TDS liability to us as we are also a limited company.