I am partner in an Partnership firm. Other partner is running firm from several years and he kept hidden that I am other partner of firm as this was old parental firm. Now I want to take legal action against other partner. But for that I need all previously filed income tax/audit reports copies. I asked them for efiling/vat login credentials but both CA and other partner are refusing to give me that. Can I take legal action against CA professional misconduct? And can CA do audit of my firm without my consent as he is doing from so many years?

Good Afternoon All,

We have sold and land for 8.75 , 1.25 less than the amount booked and received in cash.

How to book the transaction .

Shld we show loss on sale of land or how.

Hi Sir,

One of my client who is registered service provide has a Steel work business.
He purchase the material and brings to his shop, and he do some semi furnished goods with that.
And later these goods he will carry in his own vehicle to the place from whom he get the order and make all the fittings and whatever he has to do.

My Question is :-

1. While transporting goods in his own vehicle, does he required to take Delivery Challan or he need to generate an e way bill (If e way bill then which part he needs to be filled Part A or Part B).

2. If suppose he need to generate the e way bill then he should be created a Bill for the goods. But he will be creating a bill after the completion of the work.

And the distance of travel is around 200 to 250 km.

Please suggest me how can he transport goods from work place to ultimate work site in his own vehicle.

Sir/madame,in the FY 2017-18 i missed the payment entry of Rs.2608 in the partys' ledger.And in the FY 2018-19 i missed expense entry rs.2254 and also made excess paid cash entry rs.3856(actually not made in that year).How to solve this problem in the FY 2019-20.Please pass the journal entries..please guide me..

Hi everyone,
I as a present Indian resident started a PPF account in Jan 2020 and still continuing, in case later within the 15 years of PPF duration, if my status changes to NRI, will there be any problems in contributing and withdrawing my PPF.

Dear sir/Madam
My question :
In May 2018 I made unregistered partnership in Bangalore with two partner and same time I applied for PAN card. After getting PAN card I too applied for GST registration and got the same. Process was going to start the business , but after few months my partner left banglore in the month of August 2018 and due to some other personal reasons we could not started the business. In simple, apart from PAN card and GST registration, no business have bee taken place till now i.e., no sales, no purchase related to business. Since there was no business hence I did not file any income tax return for applicable period and I was aware about the GST related compliance hence I have compiled with it time to time properly and cancellation of GST registration is also done in December 2018 it self.

But now after coming to know that we need to cancel the PAN card and it is mandatory to file income tax return irrespective of income for every partnership firm.

Please help me in this situation that what I need to do for proper compliance.

Thanking you

Dear sir/Madam
My question :
In May 2018 I made unregistered partnership in Bangalore with two partner and same time I applied for PAN card. After getting PAN card I too applied for GST registration and got the same. Process was going to start the business , but after few months my partner left banglore in the month of August 2018 and due to some other personal reasons we could not started the business. In simple, apart from PAN card and GST registration, no business have bee taken place till now i.e., no sales, no purchase related to business. Since there was no business hence I did not file any income tax return for applicable period and I was aware about the GST related compliance hence I have compiled with it time to time properly and cancellation of GST registration is also done in December 2018 it self.

But now after coming to know that we need to cancel the PAN card and it is mandatory to file income tax return irrespective of income for every partnership firm.

Please help me in this situation that what I need to do for proper compliance.

Thanking you

Dear Sir, We are having occ A/c in canara bank.My email id is jaghetiya@gmail.com

hi ,
pls send sample of above

The Date of Incorporation of Partnership is 01/06/2020, but due to lockdown & Covid -19 Pandameic we received Stamp Paper dated 29/06/2020. We prepared the deed with DOI 01/06/2020. We also, have received PAN Card with same DOI. The Said agreement is submitted in ROF for registration. While opening Bank Account the said query was raised. So is there any solution for said situtaion? Kindly suggest.