EstylX Elements

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


Jaysukh Ghetiya
23 September 2020 at 19:46

Canara Bank nf 1003

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


tapan patel

hi ,
pls send sample of above


Dhruvin V. Savla

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.


Udaya Kishore
21 September 2020 at 12:56

NRI borrowing

Sir,
A resident of India wants to borrow an amount from his NRI relative. Please clarify the following points
1 Whether RI can borrow from NRI relative
2 How to repay in foreign currency. Repatiation is permitted ?
3 Are there any conditions or permissions to borrow
4 Whether the NRI has to send money from there or by debit to his account in India ( NRE / NRO)
5 The amount is required for the education of his son


Amit Mittal

A foreign holding company is having a 100% Indian subsidiary with an authorised and paid-up capital of INR 1.0 million. Due to the losses in Indian subsidiary, the capital is now exhausted, and the foreign holding company is not interested in buying new shares in the subsidiary, instead can issue a temporary loan (repayable in two years - interest-free). They can do so? If yes, what is the process?


swati yadav
14 September 2020 at 15:56

Foreign company

Can a newly established foreign company open a liasion office in india.


Kollipara Sundaraiah
13 September 2020 at 20:02

Partner ship deed and rent agreement period

A gst new registration partnership firm.
1.how much amount stamp paper value for partnership deed.
2.rent agreement time period minimum 11 months accepted.


Aniruddha Telkar

Please give suggestion TAN IS REQUIRED FOR PARTNERSHIP FIRM OR WHY?


Shibani Bhargava
09 September 2020 at 23:22

SPICe+ form of OPC for resubmission

I have recieved the resubmission mail by MCA in the reply of submitting the form for making the following changes :
"Definition of OPC as per Sec 2(62) along with the definition of Private Company as per Sec 2(68) of the Companies Act, 2013 should be mentioned in INC-24 e-AOA."
How and where shall I make this addition ?
Please help.






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