narayanan krishnamurthi
This Query has 1 replies

This Query has 1 replies

03 November 2023 at 16:22

Conversion of a Society into Trust

Can a society registered under Tamolnadu Registration of Societies act be converted into a Trust under Section 10A of Income Tax act? If so what are all the procedure?


Prashant Deshpande
This Query has 1 replies

This Query has 1 replies

20 November 2023 at 17:10

Banking- Letter of Credit- UCP 600

We have few questions of the Documentarty Credit and UCP guidelines

1. Can we challenge the discrepancies raised by issuing bank under Letter of Credit, especially related to invoice descriptions, if yes, how to challenge and how to prove that discrepancy raised is wrong.

2. WHen we submitted the documents to our bank and our bank shared the POD of documents sent to issuing bank, but our customer is saying that the issuing bank has not received the documents. Is there any way we can prove the claim of non receipt of documents

3.When the seller receives the discrepancy / refusal advice is it mandatory to respond to the refusal advice? If he does nothing or does not act upon the refusal intimation, then what issuing bank will do? If seller has to respond, what should he respond.

4.In case of discrepancy, if the buyer does not respond to issuing bank about what to do about the discrepant document, what issuing bank will do? Will they keep the documents in their custody, if yes, for how many days they can do so, if not, do they have to return the documents to negotiating bank or the seller directly.


Srihari Muthusamy
This Query has 1 replies

This Query has 1 replies

01 November 2023 at 17:39

Non payment of eps

how to write the letter to pf office regarding employer stating the reason for non payment of eps share


Rajesh Pai
This Query has 1 replies

This Query has 1 replies

31 October 2023 at 01:28

Adhoc allowance vs Dearness Allowance

Is Adhoc allowance paid in IT companies same as Dearness Allowance (DA) ?


NNVAHI
This Query has 1 replies

This Query has 1 replies

what is the procedure and Documents required by Non resident to start Migration business in India ?


SamSue
This Query has 1 replies

This Query has 1 replies

30 October 2023 at 10:18

Raw material costing

We use multiple raw materials in our manufacturing process.

A raw material recipe would be as follows:

1. RM1 costs Rs. 100 per Kg - We use 10 Kg
2. RM2 costs Rs. 45 per Kg - We use 0.200 Kg
3. RM3 costs Rs. 220 per Kg - We use 0.100 Kg
4. RM4 costs Rs. 75 per Kg - We use 0.125 Kg

Can you please let me know how to arrive at the blended cost for this recipe?


Thanks


PROFESSIONAL ADEPT
This Query has 2 replies

This Query has 2 replies

28 October 2023 at 23:00

TDS FVU FILE NOT GENERATING

SHOWING UNEXPECTED ERROR OCCURED CHECKMLOG FILE, WHILE GENERATING FVU FILE.RPU WAS GENERATED WITHOUT ERRORS.PLS HELP


Brock lesner fans club
This Query has 1 replies

This Query has 1 replies

27 October 2023 at 10:55

Articleship deed approval

Due some reasons my form 102/103 was delayed for more than 365 days and more.
I had already submitted all the documents they were asked.
Please guide me to resolve this as earlier
Because my attempt is nov_23


Nilabja Saha
This Query has 1 replies

This Query has 1 replies

24 October 2023 at 19:48

Underwriting Commission Written Off

Underwriting Commission is written off , when ?
1. From Profit and Loss Account ?
2. From Securities Premium Account ?

Please give an example of each and explain the differences thoroughly .


Prithvi Rao
This Query has 1 replies

This Query has 1 replies

Sir, I am a Director of a Private Limited Company. Recently we purchased few Compnay required items from Alibaba.com. We used the Imp /Ex Code of the Company. I used my personal Credit Card to make a pmt of about US$ 3250. To complete the transaction with my Bank I have provided all the required details like Invoice, Payment , Delivery, etc to the Bank. They are not closing the transaction stating that Director Cannot make payment on behalf of the Company. Please advise.






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