Ram
31 August 2021 at 14:01

Investment in a LLp

There is a offer of 25% stake in a LLP for Rs. 1 cr for a new partner. The present capital is Rs.10.00 lakhs held by 2 techie founders say 50% - 50% . How to take the investment and structure the stake ?


ANIL MATHUR

Is the Interest received at the time of maturity of Infrastructure bond , taxable or not ?


bhuvana

Sir,
my father expired at the age of 84 in June 2021. His pension & intetest income is more than 2,50,000/- for FY 2020-21. Should we file IT return for him??


mahesh
31 August 2021 at 12:35

Nil rated goods Input can Take or not?

Can we taken input in Nil rated goods like shovel or agricultural goods?


Catherine

Dear Sir/Madam,

Kindly clarify my doubt regarding the below query:
Renewal of Registration under 12A for Religious and Charitable institution which forms do we need to fill up in income Tax portal 2.0?
FORM 10A OR FORM 10AB?


musabbir

We have appointed an employee under IT Department ,Website Designing, App Development having per rate per month is Rs. 10000/- on Contractual basis. What is the TDS rate applicable?


mahesh
31 August 2021 at 11:33

Nil rated goods input taken or not?

Sir we are manufacturer and we produce the shovel which is nil rated and other automobile parts which is taxable. But when we purchase the raw material in that time gst has included in invoice and that material is used in both product nil rated and gst rated.
So, my query is can I take input gst or not in nil rated product which raw material is used for making shovel.
Please clarify sir.


uttam
31 August 2021 at 11:22

HUF COMPLETE PARTITION

Dear All,
This is to inform that we have made complete partition of our HUF by mutual agreement among the family members and distributed the bank amount among the members. Further the bank account is also closed. There is no other property in the name of HUF.

Now our query is:
1-Whether the registration of partition deed is mandatory or mutual agreement among family members is sufficient. There is no dispute among any members.

2-There is some TDS refund due but since the bank account is closed , what can the solution for this. If we do not claim the refund is this OK.

Waiting for your early advice


ankita arora
31 August 2021 at 11:12

Growth opportunities in banking sector

Hello,
I am qualified CA, I qualified in Nov 20 attempt. As my articleship experience is not that good so I don’t know the area of interest yet, however i have landed at a bank job as a Associate credit manager. I am unaware further growth opportunities in this sector. Should i pursue any other course to widen my area. Is it possible to switch career few years down the line?
Please guide me.


CA Parul Saxena
31 August 2021 at 10:06

E way Bill query urgent

Goods were sent but Could not reach to buyer and E way bill expired...now what to do?