Hello experts,
I hold an active COP from ICAI. However i recently got appointed as a director in a private company (family business) and also hold 50% shares of the same. On SSP, while updating my engagement details under regulation 190A, on the form, ICAI asks for a declaration which states, " I Declare That I And / Or My Relatives Do Not Hold A Substantial Interest In The Business Concern In Respect Of Which Permission For Full-Time / Part-Time Employment Is Sought." As i hold 50% of the shares, i have a substantial interest to which i can't declare. If i don't select this declaration button, i am not allowed to submit the form. So, how should i update my engagement details?

A Farmer Producer Company is newly incorporated and is continuously receiving share application money from members. How many times in a year, shares can be allotted to members. Is there any restriction with regard to receipt of share application money or issue of shares to its members with whom share application money is received.

Whether any interest applicable if GST of March 2020 to MAY 2020 is paid before 30/06/2020. If yes what is the rate of interest???

What is interest applicable if TDS of March 2020 for payment to employee other than government employee TDS 92B if such TDS is remitted after 8/4/2020 & within 30/4/2020 ???

From 01 april 20 section 194 J has 2 rate (2 % and 10 %). if Invoice is of April 20 but service is of Mar 20, then tds will be deducted from old rate or new rate.
Please also provide any FAQ, Clarifation from Income Tax department regarding when new rate will be applcable from the date of invoice is 01 april or when service is of april 20.

We are 100% EOU, exported material for job-work & return (not a sale transaction). Now due to Covid-19 we are unable to bring back the material to India, instead we export directly to customer in another country. We need to pay to the job-worker to release the material. We are paying as A2 payment with TDS, but bank is not releasing payment saying material is not coming back to India.

What is the way-out? Banks are not allowed to pay if material is not coming back to India? How to handle the case?

Hi

I have sold one property in 2019 nov. Bought new property in march but due to lockdown cannot register the property.

So should i put the remaining amount in capital gain account as cannot register the property or is there anyway i can delay registery due to lockdown and let money in my personal bank account.

As i dont want to put money in capital gain account and register property once lockdown os over and court is open.

Thanks

Intra state service or intra state professional service are comes under Aggregate turnover defination for GSTR-9 AND 9C OR NOT?

I am a shopkeeper who deals in cosmetics, gift items, stationery items and electricity and other bill payments. I want to know can i opt for the composition scheme? If yes, what is the specified limit, and what are the sac codes for the bill payment?

Hello,

Can anyone please tell me is 'Self-attested scanned copy of License' in ICEGATE registration documentation same as IEC certificate?

Thank you.