Ankita

Dear experts,

My father retired in February 2021 but unfortunately he passed away due to COVID 19 in April 2021. My father has a NPS corporate account in which he deposited his superannuation funds as well. The nominees are my mother, myself and my younger sister. My father had not started any annuity. After going through his emails I found out that my father had requested for continuation of his nps account and intimated about the NPS deferment request which was accepted. The nominees of the Nps account are my mother, myself and my younger sister. I have two queries in this regard

1. Can the nominees withdraw 100 % of the corpus or is it mandatory to purchase annuity?

2. If the nominees withdraw 100% of the corpus, would it be taxable.

I would be highly thankful for solving this query


CA SASHI KANT SHARMA

Dear sir,
please resolve my doubt on whether TCS on Goods Sale of goods to be on basic amount or Total Bill Amount including of GST ??


RAKESH
08 July 2021 at 07:01

Wrongly invoice

Suppose someone has generated the invoice with the value of Rs 49500.but they have forget to charge Rs 1000 as TCs. If he would have charged then the invoice value would be Rs 50500 and he has to raise eway bill for that .but now he has not raised eway bill bcoz limit is below rs 50 k .now what need to do ?


yogesh mahajan

Dear experts,
MY RELATIVE IS Farmer and having agriculture land at Maharashtra now he want to sale this land and approx value is 21 lakh but buyer paid this amount in cash. As per above situation it's violation of income tax rule 269SS for cash transactions above 2 lakh. Also please tell income tax provisions in above suituation.


Satish Kavitake

Association as per registration deed formed under Maharashtra Apartments Ownership act
Is required to be registered under societies act or any other act

And if yes, who can do the statutory audit of the association

Pl advise


Mayank Jain
07 July 2021 at 19:25

FINAL SFM OLD COURSE JULY 21

WHAT EXACTLY INSTITUTE WANT FROM OLD COURSE STUDENTS .

SUCH A DISASTER SFM PAPER .

ICAI PRESSRUIZE OLD COURSE STUDENTS TO CONVERT TO NEW .

ATLEAST PROVIDE ONE MORE ATTEMPT TO OLD COURSE STUDENTS

DONT PLAY WITH CARRER , EMOTION OF STUDENTS .


Meghna
07 July 2021 at 19:23

FLA filing

Whether to provision created also to report as other payable in FLA filing .


Thooya
07 July 2021 at 19:14

Not able to login error ITD-EXEC2002

Hello Experts,
I already registered my PAN in old website and i am not able to login in the new website. It shows an error No."ITD-EXEC2002", I am not able to contact the customer care number also. Do you have any solution for the problem?


nitin

MY CLIENT IS PRIVATE LIMITED CO. AND HE IS RUNNING EDUCATION INSTITUTE FOR PRE-PRIMARY STUDENT
I HAVE A QUERY REGARDING GST APPLICABILITY ON DIFFERENT HEADS OF FEES WHICH MY CLIENT IS CHARGING ON STUDENT PLEASE CLARIFY AND SUGGEST ME SOLUTION
Admission Fees
Tuition Fees
Term Fees.
Yearly Misc.
Exam Fees.
Computer Fees.
Transport Fees
Sale of Work Books/Note books/Assessment Books .School Uniform/School Bag.Stationery items
Supply of food for students
Eventual collection like Annual Day Celebration .Picnic/site visit. Magic Show.Film Show. Dog Show etc.


Catherine
07 July 2021 at 14:53

E-Invoice (Clarification)

Hello Sir/Madam, Kindly Enlighten me on this Topic E-invoicing. Who are all to get registered under the Invoice Registration portal? Is it Mandatory to use ERP software ? Will it be similar to GSTR 9C filings? Whats the role of GST suvidha provider? Thanks in advance.





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