mohan phullay
This Query has 1 replies

This Query has 1 replies

08 March 2021 at 22:24

Investment of Retirement Corpus

Dear Sir
I retired from a PSU at age 59.5 years. Please suggest suitable investment plan for regular income and growth of wealth.
Total corpus is Rs 2 Cr . Requirement for annual expenses is Rs 6 Lacs. In addition I have to invest 6 Lacs in 4 PPF accounts ( Self, Wife and 2 daughters of 8 year age till 2034). 2 Nos Sukanya accounts ( 3 Lacs pa till 2029).
Kindly suggest suitable options so that I am able to avail tax benefits limits available to me and my my wife. Also , please suggest investments which are safe and give optimal returns.
My earlier investments are 50 Lacs in Shares and MFs and 15 Lacs in Tax free bonds taken from secondary market., 20 Lacs in PPF and a few insurance policies with not so significant cover/premiums.

Thanks



mulla hussain Basha
This Query has 2 replies

This Query has 2 replies

Dear Experts,

What ?? Compliance to be Done ( as per FEMA & FCRA) if an Indian NBFC Public Company Received Grant from Foreign NGO for Business Development

Thanks in Advance


HARISH DHAWAN
This Query has 1 replies

This Query has 1 replies

Friend Winning of 1 Crore in Cricket Game
How would Tax be Deducted under 194B, Who deducts this Amount.

Can the Friend Transfer his Bank Account as it is Freezed .


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

There are a three ca proprietorship . They want to merge into a one partnership firm. Please guide us for the related procedures.


rajeev agrawal
This Query has 1 replies

This Query has 1 replies

1. If the Company has appointed an authorized signatory with power to appoint advocate but without power to redelegate to sign for company, can an advocate appointed by him sign and authenticate reply and other documents in a judicial process.
2. What is the validity status of an unsigned annexure document to a signed letter.


Vijay Mishra
This Query has 3 replies

This Query has 3 replies

05 March 2021 at 18:00

Employee bond/agreement

Dear Sir,
I would like to share one of my problem. I had been working with a company since last 8-9 years. Due to this deadly COVID i became workless. Being at home for almost 6 months i joined a new company on a salary of only 50% which i was getting earlier. Due to my own financial problem, i had no choice and i joined here. After joining they asked me to sign an agreement for 2 years employment. Ab marta kya nahi karta, i signed the same, it was on 10 rupees stamp paper. Please advise, can a company make a senior worker who has working experience of almost 20 years of experience as like SLAVE OR BANDHUA MAJDOOR.
With regards / Vijay


Kollipara Sundaraiah
This Query has 3 replies

This Query has 3 replies

04 March 2021 at 16:01

How much Bank loan eligible

Assess sales turnover and net profit declare (itr) show in it returns filed details mentioned last 3years below.
F.y.17-18 sales turnover Rs:7,10,000/- and net profit Rs:2,90,000/-
F.y 18-19 sales turnover Rs:7,50,000/- net profit Rs:3,50,000/-
F.y.19-20 sales turnover Rs:8,00,000/- and net profit Rs:3,90,000/-
Question:
Assess how much amount business loan eligible from bank for itr based.


Mayur bhatt
This Query has 1 replies

This Query has 1 replies

04 March 2021 at 14:01

Ptr reativate

please ask me what should i do for my ptr no is deactivate how to reactivate of my cancel ptr no


bikash rai
This Query has 6 replies

This Query has 6 replies

03 March 2021 at 16:24

ITC mismatch

Dear Sir, I have got notice relating to ITC mismatch between 2A VS GSTR3B for 3 years. I have all invoice and also payment statements. But Dept insist that ITC have to be reversed with interest because not reflected GSTR2A . Dept said If u do not agree to pay then take Appeal option . I have taken all ITC as per Law . What to do ??
PLEASE SIR REPLY AS SOON AS POSSIBLE


CA Govind Bansal
This Query has 1 replies

This Query has 1 replies

02 March 2021 at 16:17

REGARDING MERGER OF 2 CA FIRMS

AS PER ICAI GUIDELINES, IF WE WANT TO MERGE 2 CA FIRMS THAN MERGER AGREEMENT WILL BE SUBMITTED TO ICAI WITHIN 30 DAYS FROM THE DATE OF AGREEMENT SO THAT INSTITUTE WILL FREEZE THE NAMES.
MY QUERY IS THAT IF WE SUBMIT THE FORM E AFTER 30 DAYS WILL IT IS ACCEPTABLE BY THE ICAI OR IS THEE ANY PROVISION OF LATE SUBMISSION OF FORM SO THAT AFTER PAYING THE REQUIRED LATE FEES THE INSTITUTE WILL ACCEPT FORM OF MERGER.






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