Hi All, My friend is A Chartered Accountant in practice as a Proprietor since last 3 years and he is having a trade name registered with ICAI. Recently I had joined him as a partner without changing the trade name registered with ICAI. My question is if we want to change the trade name now then whether our existing firm with old FRN will get continued or we will get new firm name with new FRN?? Whether my partners proprietorship experience of 3 years will get continued in new firm?? Whether the Experience will count for bank audit empanelment under Partnership Firm?? Kindly suggest me whether I should change my firm name or not?

Dear Sir

We have to write off the realisation of export proceeds for which we need to submit CA certificate to AD bank. I am unable to find right format online. Can someone here help me with exact format.

Thanks & regards

Mansi
NRE

Respected experts,
I have EPF A/C which was started in the year 2018. And my employer deposited epf amount in EPF A/C in the March 2020 last time as lost the job due to COVID-19. After that i am doing temporary job . Kindly let me know should i withdraw such amount or keep it like that ?
Thanks in advance.

I have received a cheque from my client of Rs.2.00 lac payable at HDFC Bank, Tinsukia, Assam Branch. My account is in Central Bank of India, Tinsukia. There was a big fire in Central Bank before 2-3 days. Hence, my bank has refused to accept the said cheque and advised me to deposit the cheque after 10-15 days. Is there any other alternative to encash my above cheque ?

I am one of the trustee of a private unregistered trust, which was created by my father and has two trustees at present. Due to personal issues we are unable to carry out the functioning of the trust and would like to close it. The trust has only one account and we propose to transfer the entire balance in the savings account of the trust to another trust and close the trust account.

Can we do it and are we supposed to advise or report to any authority about such closure. The trust has its own PAN No. & since we are regularly filing the trust IT Returns are we required to report the closure to IT authorities and also surrender the Pan Card.

Please advise

Thanks

Virender Malla

Hi,

Is anyone using open source ERP software - ERPNext?
What is the right approach for a beginner like resources?

How to change the login id of new PTRC No. obtained in Maharashtra as the new login id is the Pan No. of the applicant.

Hi All

One of my clients has invested in one of the funds in Dubai in 2015. At that time he was a NRI.
Now he wish to withdraw the money invested. How will be taxation in Dubai and India of the same?


Thanks in Advance.

If an Institute recruits adjunct faculty/teacher on the following terms:
1. Consolidated salary
2. Work days are lesser than usual 5 days a week. it can be 4 days a week or 3 days a week.
3.These faculty /teacher are on 3years' contract. Contract gets renewed just after completion of one contract period.
4. A few faculty/teacher have completed 10 years on the job as adjunct teacher/ faculty.
As they are not working for all working days in a week, they do not fulfill the requirement of 240 days working in a year for gratuity payment.
My query is, are such employees eligible for gratuity payment under Gratuity Act?

Can LLP designated partner join PVT ltd as employee? if not who is eligible from LLP why?