I have a dout so need your help
I have completed B.com, 1'm working in one company as accountant and also free time I'm trading in equity cash , now i m planning to open one website and give call to customer and I m plan collect 5000 per month from them. if i do this compulsory need licence or can show this in income tax as commission from income from other tax head?
please rectify my above issue
I WOULD LIKE TO BRING TO YOUR ATTENTION IN REGARD TO DISSOLVING THE FIRM, WHICH WAS UNDER PARTNERSHIP.
NOT WITHING STANDING THE FIRM WHICH WAS REGISTERED UNDER PARTNERSHIP, IS BEING REGISTERED UNDER COMPANY'S LAW BOARD AS PVT. LTD. COMPANY UNDER THE SAME NAME. HOW MUCH TIME IS ALLOWED TO DISSOLVE THE FIRM UNDER PARTNERSHIP, IF THE FIRM IS NOT DISSOLVED WITHIN TIME WHAT ARE THE CONSEQUENCES. KINDLY ADVISE.POSITIVELY BY TODAY.
THANKS & REGARDS
This is with regards to FC TRS late filing. We had filed the FC TRS (manual) in the month Feb'16 to our AD Bank and later on the it was said that it has to be filed on line through Ebiz. It was out of sight for us as we thought AD bank has did online but after a year we found that AD bank has not submitted to us nor they alerted us. The shares was purchase by an resident from NRI who had shares in our company. Now my query is whether we can file the FC TRS on through Ebiz alongwith this year's FC TRS? If yes what is the penalty for that and what consequence may be faced by us?
Since all compliance is in its place and only that according to FEMA there was delay in filing online. Kindly advise me on this as it has been a critical issue for us. Please Please revert on this at the earliest.