Nithya Sree
18 September 2024 at 10:53

Common seal clause deletion in aoa

can we remove common clause from aoa ? can anyone provide a format for common seal clause deletion


Pav

If I'm selling handmade keychain made from different raw materials and handwork, how to add hsn code. Is it only for the finished product that is keychain regardless of the materials.


Neha
17 September 2024 at 20:05

ITC availability ?

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.


Suresh S. Tejwani
17 September 2024 at 19:34

REGARDING INTIMATION OF 37BA

Anyone has received intimation of 37BA in which TDS has been disallowed without any explanation given?
If yes what is the remedy of such?


pami

I would greatly appreciate it if you could provide us with information on whether TDs are applicable for the TOEFL exam which we are conducting for our Inhouse facultys and under which section it fall.

Total amount is costing too 80500/


Ankur Aggarwal
17 September 2024 at 16:27

Minor Daughter - SSY

Hi,

I have 2 daughters, 7 months and 3 years old. Me and my wife are both salaried professionals. I want to invest in Sukanya Samriddhi Yojana (SSY) for both my daughters. Me and my wife already invest in our own PPF's. I have a few queries:

1. Can I pay in SSY for both my daughters ?
2. Can I pay in SSY of one daughter and my wife can pay in SSY of the other daughter ? If my wife is paying in one daughter's SSY, she has to be made the legal guardian for that daughter's SSY?
3. Can my HUF pay in SSY of my daughters ?
4. Can my father's HUF pay in my daughter's SSY i.e grandfather's HUF paying for SSY of granddaughter?
5. Can my father pay in my daughter's SSY i.e grandfather paying for SSY of granddaughter?
6. When the account turns 21 years, the maturity proceeds will be given. Will the income generated by this amount be clubbed with my income after 21 years?

Thanks in Advance.


SIDDHARTH MAHESHKUMAR SHAH
17 September 2024 at 13:33

Fixed Asset Book Twice in FY 2021-2022

The matter is as below:

In an Charitable Organization, one fixed asset of Rs. 10 lacs is booked twice in FY 2021-2022. So one amount can be reversed in now as it was twice booked. Depreciation is charged on both amount from FY 2021-2022


RAVINDRA KUMARpro badge
17 September 2024 at 12:56

Can a homemaker become Karta of HUF ?

can a homemaker become Karta of HUF ?


Krishna
17 September 2024 at 09:56

Tds on payment to NRI on sale of property

assessee has purchased a property from NRI of 6 cr & deducts a tds @ 23.92% I. e. Rs. 14352000. however Cpc calculates a tds of Rs. 15600000 & sends the assessee a short deduction notice of Rs. 12.48 lacs.
Assessee write a mail to tds cpc. where they replied that nature of remittance mentioned in statement is not covered under DTAA hence short deduction default has been raised. you are requested to pay the demand.
Is this reply correct?
we have deducted a tds as per income tax Act & not as per DTAA.
please reply


Suresh S. Tejwani
17 September 2024 at 09:12

REGARDING FEMALE KARTA OF HUF

Can a widow and her son create HUF on their own and Such Female member can be karta of HUF?