MMCA939
09 April 2026 at 19:35

Closing sole proprietorship CA firm

SSP doesn't have an option to close sole prop firms - in the closing of firm it asks to assign another incharge. How to go about it?

thanks in advance


deepak
09 April 2026 at 17:57

RCM AND NORMAL TAX INVOICE

One of our client providing security services and housekeeping services in Maharashtra, Security services comes under RCM. In such case Our client issue RCM Invoice and gst is paying by service receiver to the gst department and Housekeeping services, In such case our client issue tax invoice . Client company name and GST number are same. Can Our client issue both RCM and Normal tax invoice in single GST number??


T.N.Reddypro badge

Sir, prior to F.Y. 2015-2016, there were certain demands on account of the above section, which I would like to challange before the first appellate authority as there was no enabling section in the Act to levy late fee U/s.234E till the F.Y. 2015-2016, ie. enabling provion has come in to force from 01-06-2015, but I do not have the Notice u/s.156 or intimation U/s.200A. So, How do I proceed in the absence of the above intimation or notice, kindly advise.


Amit S
08 April 2026 at 17:08

Query for LTCG

I have a query regarding LTCG filing under new tax regime for F.Y. 2026-27. I purchased a property in February 2012. I will be selling this property in May 2026. I want to understand that if I file ITR for F.Y. 2026-27 under new regime, will I be able to consider COST of ACQUISATION WITH INDEXTION and pay LTCG under old rule of 20%?


T.N.Reddypro badge
08 April 2026 at 11:30

Traces Portal

Sir, whether Traces portal is under construction, becuase, nothing is visibal and not working


suren

Two employees (non relative)holding shares in a listed company since last 25 years in physical form recently dematerialised the shares. Now they want to transfer these shares in equal proportion to their respective individual Demat accounts.
What are the implications for such off market transactions? Is it considered gift to each other or transfer from joint account to own account is out of the purview of Gift. It is understood that as and when they sale the shares the same will be taxable if there is a capital gain, if any.
What precautions to be taken and what reason is to be mentioned for transfer in dematerialisation instructions slip?

Please guide.


MAKARAND DAMLE
07 April 2026 at 17:47

Remittance to NRI

While filling ONLINE Form No 146 (Old form 15CB) while filling PARTICULARS OF REMITTEE(RECIPIENT) value for state is mandatory. Form does not get saved in case value is not filled. At the same time, we cannot put any value against state field
For above reason Form is not completed and filed for processing
My question is how to solve this ?


shinu
07 April 2026 at 16:40

Conversion of director loan to equity

A small pvt ltd company incorporated in 24-25,the director has brought funds to meet the expenses and it stood as unsecured loan,noe including financial year 25-26 it ended upto 9 lakh now the director want to increase the capital by converting loan to sharecapital.pls guide no loan agreement was entered,so whether valuation mandatory?


abhijit majumder
07 April 2026 at 12:40

Cheque bounce intimation letter

Sir
Party issued cheque which was bounced due to 'insufficient fund'.
Does the person (drawee) intimate drawer by letter about the Bounce and if no reply then formal legal Notice to initiate legal proceeding u/s 138 be possible?
Then what is the time frame.
Regards
Abhijit


Kollipara Sundaraiah

Sir,
Any it individual business persons (sec 44ad)and professional tax payers(sec 44ada) itr returns filed persons f.y.25-26 new income tax act 2025 advantages and disadvantages it purpose






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