Experts

I have a query on write off of unrealised export bills under FEMA.

We are having export debt due from a client in Iran from 2019. Payment could not be made due to sanctions and our AD bank refused to handle remittance from Iran.

Softex is llying on those export invoices.

Now we have decided to write off the debt as bad in accounts.

On approaching AD bank for allowing making bad debt and knock off Softex in EDPMS they have said they cannot act on this matter as it is related to Iran.

Do we need to approach RBI as per FEMA rules or our liability ends on referring the matter to our AD.

Please advise.

Iam running a beauty parlour and all the transactions are entered in Tally. I am recording all the stocks purchased ie.. creams, lotions, moisturiser, etc.. in purchase voucher. But if when i use eg.. a tube of moisturiser then how should i record this entry. its not a sale, but its simply used for facialing of a customer.. pls tell me the transaction entry..

Dear Sir/Madame:
1. Is it Compulsory to Register a Partnership firm with Registrar of Firms(ROF)?
2. GSTN is asking for a receipt or a certificate of Regn. from ROF citing issues of legality in case of GST tax demand; Is this correct?
3. Firm not regd. with ROF. What would be the penalty if registered nw (per day/ month/ year)?

Kindly Advise. Help Appreciated.

My business is planning to give a car as gift to customer on lucky draw. Car is worth 10-15 lakh. Couls u pls advice on the rax implications.

Company closed during 2014.Not paid contribution fully. However most of the employees withdraw their contribution. Now time to claim Pension since some of ex-employees crossed 60 years of age. But now Problem is non of them not having " UAN ".Now how to approch PF authorities to get monthly "PENSION" pls.

dear sir actually we purchased entire spices factory running as a properitorship and we already transfer all amount to that party , other party is our own cousin now we want to decide to change properitorship to partnership what is the procedure for the registration can you please guide us

What is the stamp duty rate on share purchase agreement in Maharashtra

Sir, my query is if numerator= 1.5 & denominator= 3.4 how to calculate variation ratio percentage more 25% or not.

Hello

While filling the startup India form I noticed that it requires an authorized representative to sign the letter. Now me and my co-founder both are directors with equal equity split. Who should sign it?

Earlier, one of us signed and we got this error -

Authorized Representative - Please note that the Authorized Representative and the Director signing the Authorization letter (for PTC/LLP/Registered Partnership) cannot be the same. Please draft the letter accordingly. 2. Aadhar - Please attach the Aadhar card (of the Authorized Representative) with the Authorization letter as mentioned in the format. Please attach both in the same file. 3. Details Mismatch - Please include the correct name and details of the Authorized Representative in the application form as mentioned in your Authorization Letter. The details don?t match.

explain the sentence
g.gupta"s acceptance for rupees 4000 which was endorsed by katrak to mehta was dishonoured .mehta paid rs.20 noting charges. bill withdrawn against cheque