humble trader
This Query has 1 replies

This Query has 1 replies

18 February 2024 at 17:24

Closing LLP

In the process of closing LLP that did not work at all and only had expenses (annual filing fee etc.)for 2-3 years.
In the middle there was one partner change. When LLP bank account was closed the money was given back to first partner who had left the LLP.

CA & CS are saying now that is an issue. Can anyone help with how to proceed from this point.
happy to share any more details needed for clarification.


sushil kumar upadhyay
This Query has 1 replies

This Query has 1 replies

17 February 2024 at 08:10

Former Firm not updating leaving date

Hi,

My self is CA Sushil Upadhyay

I was employed with one CA firm and resigned from the firm before 8 month however firm still not updating my reliving date on ICAI portal. I had informed to firms section of ICAI and they had send 5 reminder and also i called them and mailed but they are not responding. I was ready to serve 2 month notice period as they told in interview 1 month notice but at the time of resignation they are arguing for 3 month notice period and after that i did not serve notice period they are not accepting 2 month notice period.

What i do now please suggest.
I want to apply for COP.


Abhinav M
This Query has 1 replies

This Query has 1 replies

Suppose there is a partnership firm comprising of 3 partners.
The PAN card of the firm which was applied, shows the actual earlier date of incorporation, when partnership deed was created with 3 partners.
Now one of the partner had passed away (5yrs ago) and thus the firm consist of 2 partners.
Now if we want to register the partnership deed (as required by financial institution in West Bengal), upon applying online, with new partnership deed, the application was rejected since the date of incorporation of the firm as per PAN card was much earlier than the date mentioned in the latest partnership deed (2 partners).

Kindly advice what should be done to rectify the error to register the partnership deed?
Can we only update the date of incorporation in the PAN card and apply for partnership registration? Or do we need to apply for new PAN card for the firm?
Or anything else?

Thank you.


VINOD KUMAR
This Query has 1 replies

This Query has 1 replies

16 February 2024 at 16:44

Capital gain tax to arrive

Sir,
Date of Purchase sale deed value 69000/- in 2003 (Stamp Duty 9500)
Construction ground floor value 750000/- in 2004
Construction first floor value 1200000/- in 2007 Total Sq.Ft 1245

Approximate Sale Value 120lacs
How to calculate long term capital gain tax
thank u
Vinod


Hukam Chand
This Query has 3 replies

This Query has 3 replies

Dear CA Club Member,
I am an exporter and importer and running the private limited company and i handle my all work like import and export work but i have a slightly knowledge about the FEMA AND RBI Guidelines for import and export.
i want to update my knowledge about the FEMA and rbi guidelines for import & export can anyone provide me pdf file of FEMA & RBI guidelines for import & export for easy langauge.

please


Keyur
This Query has 2 replies

This Query has 2 replies

Sir/Madam

I want to know how many Certificate Course are running for Financial Data and balance sheet data analysis. Request to share some important website of list of course.

Fees is less than Rs.40000/-


H Thakar
This Query has 1 replies

This Query has 1 replies

12 February 2024 at 16:49

AIF - Category 3

One of my client had invested in Category 3 of AIF last year, and have redeemed the amount in current year. During that period the fund house had shown income generated from liquid funds net of TDS & also on redemption the fund has deducted TDS and have remitted the proceeds to bank account. I want to know how Net return on capital contribution will be taxed in the hands of Investor.
Will it be taxed at 15% as short term or some other ways?


Atiqure Rahman
This Query has 1 replies

This Query has 1 replies

Can anyone help to clarify one TDS concept. Like I want to know that is there any TDS category where retrospective calculation is done in Cumulative Threshold?


Thank you


M.Sathish Kumar
This Query has 1 replies

This Query has 1 replies

09 February 2024 at 10:55

194C - Payment to GTA

Background:
This is basically a logistics company, we engage X Transporter for shipping goods from location A to B. We pay freight to X Transporter.

In turn, X Transporter will find the available vehicle in the market, lets say Y Transporter. X transporter will pay Y.

We dont involve Y Transporter at all and we deal with X Transporter only. X Transporter does not own any vehicle and Y transporter owns vehicle.

Since, I dont involve Y Transporter, shall I get the declaration from X Transporter since he (X tranporter) is not owning more than 10 vehicles and will pay X Transporter without deduction of tax at source.

Is it permitted under 194C? please let me and if you have any legal backing please share it with me.


Jaswinder singh
This Query has 2 replies

This Query has 2 replies

Respected Sir/Madam,
Anyone have Format of Annual report of Societies Registration Act, 1860 of Haryana?? Kindly provide ...Regards






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