We need to export to a customer in INR . The payment will be done by their sister concern based in India in INR.
My query is :-
1. Can the payment made by Indian sister concern be sqaured off against export realisation ?
2. Can we export against LUT without paying IGST ?

Dear All

A situation comes where an employer is reducing salary of an employee from 30000/- to 12000/-, and the employee accepts the same. What will be the PF liability for employer? and also by employee? As he and employer was contributing 12% of 15000 till last month and now whether the same can be 12%(10%) of 12,000?

Is it necessary to lose all other residential bank accounts after opening an NRO account

My father sold a property which was in his sole name. From the proceeds he wishes to buy me a flat in my and my wife's name. I wish to ask a question that as he would be drawing funds from the long term capital gain account, is it absolutely necessary that his name has to be included in the new property purchase (as the first owner), in order to avoid any additional taxes.

Merger of two CA Firm:
Firm A-Proprietor Ship wef 2015
Firm B-Partnership wef 2020
Now firm A and B want to merge together with keeping the name of Firm B and seniority of Firm A.
Questions:
1.Whether it is possible ?
2.So whether A will absorb B or vice versa.

I had two houses, one is sold off and intend to purchase two houses for rental income, can I claim capital gain tax as I will possess total 3 residential houses ?

i have paid TDS challan for the First time after get the TAN, the challan by mistake Assessment Year wrongly entered, now how can i correct the challan , Traces registration (login) not allowing for the first time user because till didn't file any TDS return.
Please tell me if any other way to correct the challna.

I recently incorporate a company.
I incorporate company through SPICE form.
The compnay is incorporated successfully and I have shared the MOA and AOA and all other things to my client except spice form.
Now the client is asking me to share the SPICE form. I donot want to share it.

Please guide whether i should share or should not share.

Hi everyone,
We have incorporated a company recently and we have received an email from ESIC along with login credentials, wherein it is mentioned that status has to be updated in ESIC website within 4 weeks. In the website, there is a message stating “New companies registered through MCA portal w.e.f.15.02.2020 need not comply with provisions of ESI act till they reach threshold of ESI coverage or initial 6 months whichever is earlier”. Is a company required to comply with ESI provisions despite the fact that the number of employees has not crossed 10? Can anyone provide clarity on this?

i was born on 21.11.1955 and i am a professional -- all these years i was paying professional tax -- i understand the same is to be paid till age 65 years. pls guide whether this year have to pay or not? can i claim exemption or not THANKS