rglca

My confusion is with section 2(2) of CA Act, 1949 (https://indiankanoon.org/doc/1185962/) which says a member is deemed to be in practice if
(i) engages himself in the practice of accountancy; or
(iii) renders professional services or assistance in or about matters of principle or detail relating to accounting procedure or the recording, presentation or certification of financial facts or data; or

Can I provide without COP as long as there is no certification involved? I know in previous posts it was said that COP is not required but I have confusion due to this section.


Shereef Ak
21 September 2024 at 12:52

Registration on virtual space

Can i apply for a GST registration on a Virtual Office Space address for service business?


KAVUNGA PARAMBIL SAREENA
21 September 2024 at 11:56

UNABLE TO REGISTER AS CA IN INCOME TAX SITE

I am unable to register on income tax portal as a CA.
An error appears "The Membership Number entered
does not exist. Please retry." My membership number
is 277667 and I enrolled as a member on 1 April
2024 and took COP on 11 September 2024
please help me to solve this problem.


gaurav gautam

My wife and I jointly purchased a property in 2022 (50-50 share mentioned in BBA). we have funded the property together almost in a 50-50 ratio as well.
the first two instalments (one in 2022, and one in 2023), we filed form 26QB for the full amount from my wife's PAN.
The last instalment is to be paid in October 2024.
This year I want to claim LTCG tax benefit by showing investment in the sai property.

Do I need to submit form 26 QB from my PAN ?
Should we correct past form 26QB, and show half TDS paid by each?
Can I just submit this instalment TDS entirely?


H Thakar
20 September 2024 at 19:44

TDS us 194IB from 01.10.2024

i am paying rent above Rs 50,000/month. Till last FY i was deducting tds @ 5% on it every march. but post budget there is revision in rate of TDS from 5% to 2% wef from 01.10.2024. I wanted to confirm whether there will be any seperate deduction @ 5% till September and 2% from October onwards.

As this provision says that TDS is to be deducted in last month of financial year or last month of tenancy. So according to me there should be only one deduction i.e. @ 2% in the month of March 25.
Please assist


Sanjana Gupta

Hi,
Can we claim 44ada ( presumptive taxation) if all other conditions are met for our professional income if we also have loss from owning and maintaining horse under the head "other sources".

Can you please guide.
Regards,


Neha
20 September 2024 at 17:14

ITC availability in case of LLP expenditure

Sir/Madam plz guide
If Designated Partner of a LLP pays through his PERSONAL Credit Card an Invoice for office stationary and office supplies ( used fully in office of LLP)
The Invoice is raised in Name of the LLP having LLP’s GST number on it.
Details of this invoice appears in Form 2A of LLP

Can ITC of this invoice be taken by LLP.

If payment on invoice is made by Partners
PERSONAL credit card and NOT from LLP’s Bank Account.


MUKESH GOYAL
20 September 2024 at 16:25

Consolidation of associates accounts

we are holding company having its associates company, while consolidation the accounts profit of associates shall be considered of standalone profit of associates or consolidates profit of associates.




Mandeep Singh
20 September 2024 at 02:20

Clause 40 3cd in case of f&o turnover

How to show turnover ratio in TAR clause 40 case of f&o ?


V
20 September 2024 at 00:04

80IAC Exemptions

The eligible company has obtained DPIIT certification and has completed the startup recognition norms. Are there any additional requirements we need to fulfill? Do we need to file any additional forms, such as Form 10BBC? Please elaborate on the compliance aspects to claim the 80IAC exemption for a block of 3 years out of the initial 10 years period. Also, highlight any peculiar aspects that need to be considered.