Dear all,

I understand that as per General Circular 25th March 2020 MCA has granted exemption of late fee for moratorium period up to 30th September for all returns statement and forms.

Further , CFSS has been introduced , my query is even if we default in any statutory form which is due on or after 1st April 2020 do we need to do the filing only after applying to CFSS? Or CFSS is applicable for non filing which has been taken place before 31st March 2020.

Further what about those form which do not have filing fee but due dates and penalty provision does any late filing attract penalty for suh non -filing for e.g. MSME Return.

Due to lockdown and non-availability of the data we can not file MSME Return as on 31st March 2020 on due date. what should be our course of action ? I understand CFSS does not cover MSME Return and Section 405 penalty forms?

What if we file it within next few days ? will we able to file form ?

Further

Sir,

We are company engaged in photography. During last year one of our event was held at Muscat. During the event we hired a photographer cum editor from London, (Permanent resident of United Kingdom) for performing on the spot photography and editing. He done the service in Muscat and given us a bill for xyz pounds. We paid the same in British pounds to him. Now my questing is whether tds is applicable on this payment??
Please answer.

Thanks

SIR
OUR OFFICE IS GOVERNMENT OFFICE
ONE EMPLOYEE HAS APPLIED 80G (FORM OTHER GOVERNMENT ) AMOUNT,
DO WE NEED TO DISPLAY 80G AMOUNT IN FORM 16 COMPULSORY ?
THANK U

Respected sir/madam
I have following query
We are providing manpower supply service along with material for which we have binding contract with our client.
Apart from contract with our client. They made payment to us for expenses like bonus, extra pymt to employees and for URD material purchase. We paid that amount to employees and Supplier.
So how should we treat accounting entries on that transaction.
Whether we should book income on that transaction and paid gst.
Please let me know the journal entries.
Thanks!!!

Respected experts,

one of my friend having offer for his industrial products from sirya. I request you to provide the documents evidence if there is any restriction to export from India to Sirya?

whether export to sirya is advisable?

Thanks in advance.

My lessee has deducted TDS from my lease rent and NOT REMITTED TO IT DEPT FOR ONE MONTH (DEC. 2018) ONLY.

ITR was filed and processed WITHOUT TAKING THE PARTICULAR MONTH’s TDS.

Please advise and guide me to receive back the TDS from the lessee company.

Sir I want to know the treatment of proposed dividend for nov 2020 exams..

we have a small club that helps poor , how do we register it and what are the documents required?

If a tempo used for transporting goods is registered in name of wife and loan is also in name of wife, however EMI is paid by husband and the same is used in husband's business..How to show that in husband's balancesheet and ITR

Hi,

Can anyone pl tell me Interest on Rent paid and Interest on rent received journal entry with example and also B/S effect.