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Respected Experts,
My sister is suffering from CKD(Chronic kidney disease)..Its a very critical illness where both kidneys stop functioning & one needs dialysis to breathe.The second option is kidney transplant. Plus there are other complications of the teeth etc..All this is way too expensive for middle-class people like us..There is an organisation in the US willing to help us ..They start an online petition and pass on whatever money online donors give for our cause..But this money is like donation..But from foreign land..How can I receive it in India? Are there any provisions.. For eg: Can my friend(who's staying abroad ) take it in his account and then pass it on to me ? Will it be considered?
Thanx for ur invaluable time and help once again ..


Rakshit Parekh
16 February 2021 at 16:05

Estamp for Letter of undertaking

i have recently done some civil work for a construction company and for them to process my retention amount they have asked me to submit a Letter of undertaking on Rs 100 stamp paper.
My question is:
- Who will be the 1st party and 2nd party in this case?
- Should i print the letter of undertaking on the stamp paper or can i attach a copy of the letter and mention in the estamp that it is for LOU?


Shikha gupta

what is the procedure to avail input tax credit-IGST in case of import purchase


I.T. R

Late fee capped at Rs. 500/- for each GSTR-3B Return
In a major relief to the GST taxpayers. the government has decided to cap the maximum late fee for Form GSTR-3B at Rs. 500/- (five hundred only) per return for the tax period July 2017 to July 2020 subject to the condition that such GSTR-3B returns being filed before 30th September 2020.

BUT MY QUERY IS THAT IF GSTR3B IS STILL NOT FILED THEN WHAT WILL BE THE MAXIMUM PENALTY FOR FILLING GSTR3B FOR OLD RETURNS .


Appathurai Ramasubramanian

TDS has been deducted against an investors payout( dividend psyout mutual fund investment) but the investor has passed away and the transmission has taken place after this event. Whether the nominee will get the credit for this TDS recovery.


CA Parul Saxena
16 February 2021 at 14:04

GSTR 9 query

ITC as per 3B is Rs.100000 ITC as per 2A is 120000. difference is of rs 20000. Reason being Rs.30000 we have not taken in 3B and Rs.10000 not reflected in 2A.
Auditors' asking for payment of Rs.10000..is it justified?
As overall ITC in 2A is more than ITC in 3B even than payment required?
If yes then as per Rule 36(4) too we are falling within 10% limit that was prevailing last year


Shikha gupta
16 February 2021 at 12:32

VOLUNTARY CONTRIBUTION TO EPF

AS PER NEW RULES WHETHER THE VOLUNTARY CONTRIBUTION TO PF IS TAXABLE OR NOT?


Nandakishore Lakshmipathy
16 February 2021 at 11:59

GST input credit for Mobile Phones

I am a director of a company, I am planning to purchase Iphone Pro 12, which costs 125k, If invoice is made on company, can Company avail input credit on this mobile phone purchase?


Kajal Soni
16 February 2021 at 11:47

CA Exam Preparation|Conferenza Concept

Is there any online app for CA CPT exam preparation?


Conferenza Concept

Students can buy classes for CA Final, CS Executive, CS Professional, CMA Final Lectures of Best Faculties will be listed in this app. Demo of all the classes will be available to student.







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