Dear Experts,
Please solve my doubt w.r.t MSME Registration :

A)What does investment in plant & machinery / equipment mean for limitation

B) at which date we have to see the limit.

C) It will be gross value (cost) or WDV.

D) Suppose i am taking registration today then what all limit we have to check (only investment limit)

what will be entry after maturity of FD with interest. If we had shown accured interest entry in previous years.

I have deposited excess amount of rs.346000 in 234E while paying TDs of under the head 94J,can it will be adjust in another head like 94C,94I in basic tax of tds or any option.please guide

dear sir i am a Gst registered proprietorship.my trade name is - Arif fabricator and also bill book is in the name of Arif fabricator. but my name is arif ansari and bank account is also my name "Arif ansari" . I sell goods to pvt ltd company he gave me cheque in the name of Arif fabricator but i have not the account of this name. when i said the gave me cheque in the name of Arif ansari he denied he said in account this is not possible. is it right ?

a dealer of maharashtra purchase goods from a dealer of Uttrakhand and sell the same while it in transit to a dealer of uttar pradesh. what mechanism he should follow?

Dear sir

Query as under

1. Car purchased prior to GST & No Vat credit availed WDV is 125000/-. Any tax liability will arise on sale in case of regular taxable person and composition taxable person?
2Car purchased in GST regime & No itc availed WDV is 125000/-. Any tax liability will arise on sale in case of regular taxable person and composition taxable person?

Kindly clarify with some calculation.

Thanks

Dear Sir,

I want to take advise from you experts for people working in corporate world.

My younger brother is a Chartered Accountant and is working in a well known company from the past two years in Corporate finance department.

His senior to whom he reports is not a Chartered Accountant but is working in the company from the past 12 years. Hence is given the senior position.

The problem my brother faces is that whenever a difficult assignment is given by the head of the department to the senior person, he gives all the work to my brother and my brother completes the work and email it back to the senior person. The senior person directly emails this work to the concerned party marking cc to his boss which suggest that all the work has been done by him.

It is a case like my brother doesn't get much credit for all the work he does and his senior doesn't have much knowledge of handling complex issues and takes the credit for free.

I am into profession so have no idea of dealing with such kind of situation. Can anyone here suggest me what can I do for my brother as this thing might be common in coropate world.

Regards,
Divyesh Jain

If turnover is above 5crore

Only gst needs to be paid within 15 days from due date for march to avoid interest and late fee

And gstr3b and gstr1 can be filed in june ?

So do let me know as unless we offset the liabilty in 3b any payment done will be shown only in cash ledger ?

So what needs to be done for the same.

1. MEMBERSHIP FEES PAID TO A COMPANY OUT OF INDIA - IS TDS TO BE DEDUCTED

A. IF IT IS NOT HAVING ANY OFFICE IN INDIA

B. IF IT IS HAVING OFFICE IN INDIA BUT PAYMENT IS MADE DIRECTLY IN FOREIGN CURRENCY TO THE COMPANY

2. FORM 15CA PART A TO BE FILLED OR PART D

Good Morning everyone…!!

Before posting my question , it is important for you to know some important facts from my life which will help you to understand what my nature is , so this might be a bit long post , but in order to get the best and appropriate advice I feel this is necessary, so please bear with me and read the whole thing and help me out..!! please…!!

My name is Karan and I am a CA final student (old course) with group 2 pending. I finished my articleship in 2017 from a reputed firm which ranks 10th Globally due to which I got real good exposure in work .
I had started my coaching classes way early at the start of my articleship itself. After much struggle between office and studies, I appeared for my first attempt (group 1 only) in May 2017 which I did not clear , this was followed by another failure in Nov 2017 attempt.

I knew that something is not working , something is going wrong. One reason was having started my classes way too early I couldn’t keep up with the changes / amendments that were introduced in between the periods , also i did not get the time to practice mock tests and revise my subjects as well.
I started my introspection and realized that I am a person who takes time to understand things and remember them. Conceptually I knew I couldn’t go wrong but remembering things the way it is required , needed much time for me. Untill I felt from inside that I was ready , I wouldn’t get the confidence to appear for the exams. Also I realized that I couldn’t manage 2 things at the same time- studies and office, where my office work would take priority leaving very less time for me to prepare to my levels of satisfaction.

Having being ill prepared so far , I decided to skip my next attempt in May 2018 and this time study the way it worked for me. So I took all coaching for group 1 again , prepared a schedule of how to study based on the time it takes me to remember things , gave around 20 mock test papers and got it checked by experts, gave ICAI mock tests , went through all the past RTP , Question papers etc. After preparing to the level of my satisfaction , I appeared for my Nov 2018 attempt and this time I cleared with distinction in few subjects.
So this was working !!

Since, my approach worked , I decided to adopt the same for my next group attempt as well .I thought it is better to do things the way it is working for me ( by taking time that I require ) and clear rather than giving attempts with no results.
But because It was consuming much time , I decided to equip and update myself with the changes that were happening in the industries so that I remain relevant and in tune with the recent developments and thus started to acquire Certifications from some reputed institutions/ organizations in various current / hot topics for which industry was offering jobs as a result of which I became certified in GST ( from Govt. of india) , IFRS/Ind AS, Auditing standards (from ACCA) , in Companies Law, Forensic accounting and fraud examiner etc.
I also started attending online training programs offered by some of the leading companies w.r.t soft skills such as Communication skills , team building and other personality development and interpersonal skills.

Now , I am to give my group 2 attempt in May 2020 which due to the COVID virus got postponed to July 2020.
One thing that is bothering me now is although to clear my CA final, I am doing things the way it is working for me best , but at the same time it is taking much time . I have heard that with Age , career opportunities decrease and with the economy suffering , job market is taking a hit.
Although from my side I am doing my best to stay updated and relevant for job seekers , still the fear of loss of exposure/ Experience haunts me now , by the time I appear for my July 2020 attempt , I would turn 26.

So in this regard , I wanted to know , will it be better for me take up a job and start working while keeping my CA final attempt scheduled for July 2020 OR should I give my CA final group 2 , which is the only group pending, and then get into work ??

It would be really great and indeed very very helpful if someone can advice me what to do , in taking the right decision w.r.t my career in future as I don’t want to take a decision which costs me hugely and regret it later .
Please help …!!

Thanks for the patient reading ..!!