Mr. X who was working in Qatar died due to accident on site. The employer, a German MNC intends to financially support his family by providing a contribution of Euro 50,000 to his family members living in Telengana in the form of monthly pay outs. The German MNC also has one subsidiary in India.

What is the best route to do so without much hassle?

Under LRS a resident individual can remit USD2,50000 or its equivalent in other freely convertible currency. Please clarify the meaning of the word " equivalent" and also the way how to arrive at the equivalent.Whether 2,50000 is the maximum amount of any currency denomination which can be remitted without RBI approval.

My client had purchased property in name of husband and wife jointly and thereafter received RentHusband is registered under GST act and paid tax on rent but wife is not registered under GST Act and not paid any taxWhether wife is liable to tax under GST act ?

Dear Sir

Please suggest me that if i wrongly entered a vendor Tin No. at the time of Downloading C Form. What is the process for Correcting the Tin No. and how much time will take for rectify the problem.

Is No Objection Certificate is required to be issued by director if his premises is taken on lease for using address of registered office of the Company. Can anyone please provide me the format.

I have one clarification, any difference in fling tds returns through NSDL- TINFC's after submit of 27A forms of our clients

Or

Filing or upload TDS returns in income tax e-fling portal through my individual digital signature after register multiple TAN numbers.

After fling returns without 27A forms while using my DSC returns accepted by ITD. Suppose any defaults or short deduction or any issues raised from ITD. Who is responsible? Deductor or TDS Intermediary? Clarify the same.

Note:- Sir as a Intermediary we collect or receive documents like 281 Challans, deductee details like PAN number, Tax details through mail or hard copy.

Dear Experts, my friend wants to have his fathers' business (sole proprietorship concern) transferred in his own name due to his fathers' ill health. Kindly suggest what is to be done in this regard in the most cost effective way. Thank you!

Sir,

I want to know about how to transfer stock from proprietorship to partnership.

for example - In prop. firm stock as on 31.05.18 = Rs. 300000/-, now from 01.06.18 same company will be known as partnership with same name but father introduced his sons as partner. Then what to do of stock in new firm, can we carry forward then how can?
plz. help
dilip

I HAVE TO GENERATE CHALLAN FOR MAKING PTEC PAYMENT OF RS 2500. PLEASE GUIDE ME HOW TO GENERATE PTEC CHALLAN ON MAHAGST SITE

Hi we have a case where Good’s are imported from country A and sent to country B but invoicing is from India. There is no physical movement of goods in India. Is this permitted under FEMA and what are the relevant FEMA regulations to be referred?