RAKESH
This Query has 2 replies

This Query has 2 replies

31 July 2021 at 07:29

Signing of documents

Mukesh ambani signed the documents on behalf of reliance co .I just want to know reliance company is opened at many places .how he sign the documents if reliance in other place require his signature on documents .


ankit goyal
This Query has 1 replies

This Query has 1 replies

We have a JV (ABC LLC) in US and hold 20% in it. Our JV out-licensed the IP rights and as a consideration received upfront cash and equity in the in-licensing company (XYZ Inc US listed Company). As there are no operations in ABC, so we are planning to liquidate and distribute its assets to members. So We will , would receive shares of XYZ and some cash on the liquidation of ABC We want to know the FEMA compliances required to be done for this transaction. Do we have to report to RBI about the change in investment in ODI from ABC to XYZ.

Please suggest.


Ashna
This Query has 1 replies

This Query has 1 replies

A company with Registered office in Delhi with a branch in Karnataka having the GST of branch office is liable to Professional tax in Karnataka? Whether to obtain Registration certificate or enrolment certificate? Whether professional tax liability arise for all the employees or only Karnataka Based employees?


vyomkesh verma
This Query has 1 replies

This Query has 1 replies

27 July 2021 at 17:34

Body of individuals

Is body of individuals is a taxable intity when there is only moto to save some amount from each members for their future expenses.?

please provide a draft note for forming a body of individuals with the said moto. also please explain if there will be any IT liability as the amount considered from each individual will be below 3lakh per annum.


Mohit Malhotra
This Query has 1 replies

This Query has 1 replies

One of our client Company is into the trading of Lubricating Oils in Delhi.
Please guide me the procedure to obtain lubricating oils trading license for Delhi location.


ASHOK KUMAR
This Query has 1 replies

This Query has 1 replies

I have an ancestral property which I wish to sell. In order to save the capital gains tax I have purchased a flat in Sept 2020 in anticipation of the sale to be completed in one year.

Due to Covid the sale of my property is taking time, and I am afraid that the sale may be delayed beyond Sept 2021, and I may not be able to take advantage of the capital gains tax savings.

Since the delay of sale of my property is because of Covid 19, can the limit of one year from the date of purchase of a property,be extended for sale of property to claim the capital gains tax.
I will be glad to have the experts advise on this at the earliest.
Thanks and regards
Ashok Kumar


renuka
This Query has 1 replies

This Query has 1 replies

22 July 2021 at 16:27

IEC Code Updation

Dear Sir\Madam,
In our DGFT website under the IEC Status it shows Acknowledgement Awaited , what is the meaning of this and how long it may take to get updated. Kindly guide me the procedure to update the IEC and how long it may take . What happens if we dont update the IEC in th DGFT website

Regards
Renuka


p.manohar reddy
This Query has 1 replies

This Query has 1 replies

Our company has taken Team viewer premium subscription for 1 year for Rs. 30,000 from a company located in Germany.is TDS applicable on this transaction.


Arun Govil
This Query has 1 replies

This Query has 1 replies

21 July 2021 at 16:11

Credit Facility from Bank

Company has export debtors and wish to avail Cash credit against security of export debtors. Company do not want foreign bill discounting. Is it possible.


Vipin Yadav
This Query has 1 replies

This Query has 1 replies

22 July 2021 at 09:28

Submission of ASI return 2019-2020

please suggest:

what is ASI retrun and to whom it to submit?
is every company has to submit this or any criteria for it?
is any online process to submit return?
what are legal obligation on fail to submit timely?

also looking to consultant.


you can call me also : 7082219244





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