Dear Sir

Please suggest we have cash Credit Limit in HDFC bank and some Unsecured loan from Relative so in balance Sheet we have to show under Long Term Borrowings Or Short Term Borrowings

A party issued a e invoice with Reverse Charge but reverse charge not applicable on that Item what i do in GSTR-3B Because bill Showing in the GSTR-3B Table3.1 (d) Inward supplies (liable to reverse charge) and in GATR-3B Table-4 (3) Inward supplies liable to reverse charge (other than 1 & 2 above) What is the Solution of this Problem

A shareholder, Mr.A holding 99.8% of shares in an Unlisted Public Company (Say, M/s.ABC Ltd) wishes to Pledge his shares. Whereas the Unlisted Public Company is a member holding 9.03% in a Listed Company (Say, M/s.XYZ Ltd). Mr.A is a promoter of both the said Unlisted M/s.ABC Ltd and M/s.XYZ Ltd. Is there any compliances needs to be carried out in the said companies for pledging of Mr.A's shares in Unlisted Company. Kindly share your views.

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The assessing officer has closed the assessment proceedings for the AY 2013-14 with demand in the month of March - 2022 in the case of Mr.A. The case was again reopened u/s 149 as per the judgement of Hon'ble supreme court order in case of Union of India v/s Ashish Agarwal & others.

Mr.A has submitted response and disagreed with the outstanding demand on the portal as the case was again reopened u/s 149. Hence, the old order stands void. But the assessing officer has adjusted refund against the outstanding demand of last 3 assessment years.

Mr.A has filed writ petition for the same in the Hon'ble High court and the decision of High court comes in favour of Mr.A and Hon'ble High Court has quashed all notices on the ground of limitation.

Mr.A had also uploaded stay order on the portal in the response of outstanding demand but still the assessing officer has adjusted the refund against the outstanding demand. Mr.A has also submitted the submission regarding the same to the jurisdictional officer. Is there any other way to communicate CPC to issue the refund and remove the outstanding demand on the portal. ??

Suppose Mr. Ram doing money transfer business. A person comes to Mr. Ram and requested to Mr. Ram to transfer Rs. 100000 to his son's account. Mr. Ram charge 1% as commission for this service. Hence person gives to Mr. Ram total of Rs. 101000 and Mr. Ram transfer to his son's account amounting to Rs. 100000. Now my question is that what is treatment of above transaction and money transfer business in GST and ITR. Weather Rs. 101000 consider as gross receipt and Rs 100000 as expenditure and Rs. 1000 as commission income in ITR or directly show Rs. 1000 as commission income in ITR. And for the same what treatment in GST, weather 101000 is taxable turnover or Rs. 1000 is taxable turnover i.e. commission income in GST. Please clarify the treatment of above transaction in GST and ITR.

Is E-Invoice applicable if my sale is fully exempt or nil rated?

Why am i not able to clear CS executive although my syllabus is complete, writing practice done, tests given, revised syllabus 3 times for each subject. Morever, I cleared module2 in first attempt but Module 1 - 3 attempts given still not clear

Hii, one of my client has income only from dream11 for F.Y 2022-23 is,
25 lac
Tds amount : 7.5 lac , already deducted

How much tax he is liable to pay and tds is refundable or not ..
Thanks 🙏🏻

I am a CA registered in v2 portal of MCA, which was done many years back. At the time of registration my name was given with initials. After Aadhar was introduced my initials were abbreviated with First name, Middle name and Last name. But the V2 profile still contains the name with initials. While logging into V3, an error comes statating that name not as in PAN database. But the name cannnot be changed or edited. Though i raised tickets, its still not working. Can the experts help me to rectify this defect. Because of this error, i cant register my DSC in the MCA portal and sign the documents.

My client sold agricultural land for 30 lacs and now want to remit money to canada. The land was sold by property dealer on his behalf by taking Power of Attorney and in parts he sold the land i.e 5 lacs approx in plots etc. and Later on The Amount was paid by the Property dealer from his own account to the Owner in One go i.e. 30 lacs.

Now my question is whether TDS apply on sale of agricultural land in parts as residential plots and Form 15 CA/Cb is required as Bank is insisting for that.
Also plguide that How can it b corelated that the amt is against sale of agricultural land,
Pl guide