Anoop Singh
24 February 2022 at 13:43

Earnest money conditions for MSME

What are the facilities related to earnest money for tender in case of MSME. I am specifically asking about concessions and facilities for MSME when they are going for a tender.


Abhishek Dutta

One of my customer is willing to avail a CC limit of 2.5 Crores against stocks and BD. Further he is willing to avail OD (Against FDR) of 1.00 Crore against FDRs of 1.20 Crores

Now, my question is whether the OD Limit will be treated as part of working Capital MPBF calculation for Computing CC limit, since my understanding is that the borrower will be utilizing the OD Limit for Working Cpaital Needs, however my seniors are suggesting that there is no such condition, the OD limit can be utilized for Long term use as well, since we do not state any such condition for sanctioning OD (Against FDR) Limit.

Please guide..


CHANDRAKANT UDANI

AY 21-22 : +10.6 Cr (profit); AY 20-21 : (-)1.2 Cr (loss); AY 19-20 : (-)1.3 Cr. (loss). Net profit calculation done as per norms. Clarification needed whether the loss to be included in calculating average 3 years net profit and then 2% on net result for CSR to be paid?


AS-111
22 February 2022 at 20:47

Form W-8BEN

We are located in India and am a proprietorship and we sell videogame codes to company in US ,they are asking us to fill W8-BEN form before making wire transfer payment in USD to our bank ,we wish to know if we become liable to pay any tax to the US govt for this or if we are exempt/ 0 % tax ?


Kapil R Tulsan
20 February 2022 at 22:01

HUF Karta Change to my deceased father

Hi,

I wanted some help from the group.

My Father in law and my Mother in law expired in 2020, my Wife is only child to my in laws.

My Father in law had an HUF, I am not able to trace back any HUF deed for the same (looks lie HUF was not registered), but he has a PAN in name of HUF. He had couple of bank account, FD and MF.

My wife now wishes to continue as Karta for my father in laws HUF as she is the only survivor to the family.

Please suggest what can we do to change my wife to Karta of HUF account and also change Karta in PAN Card.


Magesh Varadarajan
16 February 2022 at 16:18

Cash limit for advance to employees

What is the cash limit for advance to employees as per the income tax


Kiran Jadhav

list of accounts to be submitted by builder to society.
Also are original bills for purchases made for society to be society ?
Are the challans for statutory payments made to be handed over to society?


Pooja Prasad
13 February 2022 at 00:35

Article writing

Does uploading any article fetch income.i.e, will this monetized ?


OMKAR MUNDEKAR
12 February 2022 at 16:33

Attach Form 4 and DIR-3 in MCA site

1.How can I upload Form-4 if the Form-3 has been already filed.
2.How can I upload the DIR-3 on MCA if while clicking on prescrutiny it shows the error that "The system has identified potential duplicate because the contents are matching with an already filed application form.


Rocky

i need a project report for bank loan FOR Construction of Residential and commercial complex. pls provide me the full format of project report in excel as well as guideline.

my email id is rocky.punjabi89@gmail.com





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