nithi
20 January 2020 at 18:44

Statement of Fact and Ground of appeal

The appellant is a Agricultural Credit Cooperative Society. But the appellant is not filed the return of income. the case was selected for scrutiny to verify cash deposits made during the demonetization period. Subsequently order under section 144 passed by the assessing officer by treating the entire cash deposit made during demonetization period as income for that assessment year. But the assessee is a primary agricultural credit cooperative society. Therefore, deduction under 80p is availed. Can any one provide a draft format of statement of facts and ground of appeal.


r.Balasubramanian
19 January 2020 at 09:56

Re: transmission in case of death

Sir/madam'
I have a residential property in mumbai jointly held with my mother, My mother is the first name and me as the second, my mother passed away recently, how do I bring about the necessary changes in the share certificate is there a form for this. Please advice


TARIQUE RIZVI
17 January 2020 at 17:26

PTRC IN MAHARASHTRA

Respected Sir,

I belong to Maharashtra & I want to see the status of PTRC paid by our company and the PTRC return also filed by our company. I have to check as till which financial year we have paid PTRC and filed the PTRC return. I will appreciate the speedy guidelines on this issue.


Sri Raja Sekhar Yellajoshula
16 January 2020 at 18:53

Gratuity for employee Overseas

I have joined an Organisation "Name" in Hyderabad, India on 24 April 2003, I moved to UK payroll from May 2011 of the same company "Name". The company is taken over by another organisation "Name1". the new organisation changed the Hyderabad, India office "Name" to the New company "Name1". My UK payroll is still running on the "Name" until now. The new company "Name1" now wants to close the "Name" company in UK and bring us all into the "Name1".

My query is are we eligible to claim Gratuity as the company is closing for my time in India which is about 7 years.

Thanks for your help in advance




amirtha varshini
13 January 2020 at 17:12

External Commercial Borrowings

Sir/ Madam
Kindly clarify regarding the below mentioned suitation:

An Indian holding company wants to raise funds from its wholly owned foreign subsdiary
whether the External Commercial borrowings are applicable?

If so, kindly share the relevant notification issued by RBI for reference

Thank You in Advance


sundeep
12 January 2020 at 16:01

NRI DECLARATION

I want to understand whether I can declare a NRI status for my son in USA .All the conditions for NRI are satisfied.
F Y STAY IN INDIA
15-16 104
16-17 21+32
17-18 19
18-19 0
19-20 47
what is the procedure to declare NRI status in In tax India -Hyderabad. how much fees does a concerned professional charge to do the declaration? what documents are required.


jagdish jakhar
12 January 2020 at 14:51

Trust management committee

any one tell me build management committee of trust and format of management committee of trust and what is registration process of management committee of trust


Ravi Kumar
11 January 2020 at 22:38

Incorporating a Business

I have a cab and two drivers who work as employees for me but in a call center company. Now I want to incorporate a business with 2 employees where the income from the services provided is put as payment for company and the expenses (wages, fuel, car service) deducted before calculating the final taxable amount.

I am also planning to increase the number of car/services and employees in further years. What way should I proceed such that the money from business is not clubbed in my regular income (I am already salaried)?

Should the company be OPC or PLC? Do I need to hire regular services of CA? Please advise.


Vijay Mishra
11 January 2020 at 19:11

Gratuity

Dear All,
Greetings !
I had been working in a private company for 8 years. Now i have resigned from there. Please suggest if I can claim for gratuity payment from there. This company has more than 15 employees and not registered with ESI & PF.

Please advise.

With best regards,

Vijay


Mallikarjun Shetty



Dear Expert,

Kindly guide for given below requirement :

Profession tax deduction from Incentive and Salary : We are already deducting a profession tax from the salary but we have not started to deduct from the Incentives. As per statutory norms we need to deduct the P.Tax from incentives also. In this case we have to combine the total amount of Salary and Incentive and then calculate the Profession tax over it. From salary, the tax gets deducted from system, while for Incentives we have to calculate the difference amount and deduct from the incentive and pay.This is to be implemented from April 2019 onwards, but since we have not done this compliance we will have to calculate the P.Tax for April and deduct it from May incentives of our employees. For May the new system will be followed.

Mallikarjun Shetty-Solapur (Maharashtra)
9423535956






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