Nidhi Kanabar
08 November 2023 at 15:50

FEMA ACT 1991

Hi,
Can any one solve below mentioned My query

Suppose Indian resident Sister gift a watch to her brother who is non resident india and Non resident brother gift A INR rupees from NRO account to indian resident Sister
What is Implication Under FEMA Act is there any limit to rceipt INR gift Under FEMA
What is the Tax implication as per Income tax Act as well
Give refrence to check


Amit Kumar
08 November 2023 at 12:28

Commercial vehicle loan

Dear Sir,

I need a format for Project report for Commercial vehicle for the purpose of Bank Loan


Rajesh
07 November 2023 at 15:43

RBI GUIDELINE

Dear Sir / Madam,

This is Rajesh, I want to know about the RBI guideline for Sale of property. I am resident of srilanka, but I have assests (Land & property) in india. Now I want to sell my indian property. If need any special permission for Property selling from RBI. Please advice and any notification is applicable. Please share.


SARATSA
07 November 2023 at 12:20

Final claim- EPF

Hi, Namaskar.
I have the following query on my EPF claim.
I left my last company during 2021, at the age of 58 with 21 years of contineous service and regular contribution to EPF account. After that, I did not persue any job.

Now, I am 60+ and want to claim final PF settlemet.
Please let me know,
Whetehr my corpus amount, which was there when I left the job, would earn any interest, for last two years.


SAPANA KISHOR SUTAR

TDS IS APPLICABLE ON LADAKH, KARGIL OR LEH SITE
IF YES THEN RATE IS SAME WHICH WE HAVE USE OTHER STATE OR ANY OTHER RATE???


Puja Doshi

Hi

I am an OCI holder and my mother is resident indian. I plan to buy a residential property in Mumbai from a resident indian seller.

If I buy property in my name(non resident OCI holder) and my mother (Resident Indian)
AND
Make payment in ratio of 5% from my NRE account & 95% from my mother's resident account
AND
have agreement with ownership rights in ratio of 95% under my name & 5% under mother's name
AND
deduct 1% of TDS for seller

Will I be OK from Violation, Taxation and other hassles in future?

Appreciate you genuine inputs, help and support. Thank you

Regards
Puja Doshi


Amir Hussain Sayed

Pan/Tan card incorporated date is 10april2023 and Deed made date is 3rd oct2023, is it valid for account current account opening?

Read more at: https://www.caclubindia.com/experts/ask_query.asp


narayanan krishnamurthi
03 November 2023 at 16:22

Conversion of a Society into Trust

Can a society registered under Tamolnadu Registration of Societies act be converted into a Trust under Section 10A of Income Tax act? If so what are all the procedure?


Prashant Deshpande
20 November 2023 at 17:10

Banking- Letter of Credit- UCP 600

We have few questions of the Documentarty Credit and UCP guidelines

1. Can we challenge the discrepancies raised by issuing bank under Letter of Credit, especially related to invoice descriptions, if yes, how to challenge and how to prove that discrepancy raised is wrong.

2. WHen we submitted the documents to our bank and our bank shared the POD of documents sent to issuing bank, but our customer is saying that the issuing bank has not received the documents. Is there any way we can prove the claim of non receipt of documents

3.When the seller receives the discrepancy / refusal advice is it mandatory to respond to the refusal advice? If he does nothing or does not act upon the refusal intimation, then what issuing bank will do? If seller has to respond, what should he respond.

4.In case of discrepancy, if the buyer does not respond to issuing bank about what to do about the discrepant document, what issuing bank will do? Will they keep the documents in their custody, if yes, for how many days they can do so, if not, do they have to return the documents to negotiating bank or the seller directly.


Srihari Muthusamy
01 November 2023 at 17:39

Non payment of eps

how to write the letter to pf office regarding employer stating the reason for non payment of eps share





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