Gautam Pahuja
This Query has 1 replies

This Query has 1 replies

02 March 2023 at 12:33

CA New Scheme 2023

As of now, should I wait for the New Scheme or else I get myself registered under the Old Direct Entry Scheme?


Sreenath D
This Query has 1 replies

This Query has 1 replies

01 March 2023 at 13:39

Tds return to the client

i am a real estate consultant.3 months back I received the money with 10% TDS deduction(GST not applicable) to my individual S/B account from the client. After three month I send back that money to the client because of deal is off. So how can i reverse the TDS from my IT records.


Rajesh G N
This Query has 3 replies

This Query has 3 replies

27 February 2023 at 17:35

PAN Card wrongly Issued- Cancellation

I am holding a PAN card which was issued 15 years back under HUF category by mistake. Ideally it was supposed to issued under 'Individual'. Since I was based out of India I did not not rectify it. Now I have applied another PAN issued under 'Individual 'Category and want to cancel the old PAN card. Kindly assist . Also the earlier HUF PAN card was issued under a different jurisdication,

Kindly assist


Bapun Dasgupta
This Query has 3 replies

This Query has 3 replies

27 February 2023 at 15:58

CMA as Partner

Can an Indian Qualified CMA become a Partner in an Indian CA Firm ?


Finance Team
This Query has 1 replies

This Query has 1 replies

Dear Anuj Gupta Sir,

May I know the compliances for receiving salary as Employees (directors are employees) of Foreign Co.(Singapore) while residing in India itself?

Can Foreign Co. pay to Indian Residents in their savings account or do I need to open a special account for it?

Can Indian residents receive it in US$ and then using Purpose Code 1401 and convert that money in Indian rs and use it freely?


meenakshi somasundaram
This Query has 1 replies

This Query has 1 replies

23 February 2023 at 22:13

Liquidated company's undisclosed assets

A liquidated company holds shares in a bank. Dividends were drawn six years ago. For unknown reasons the one who enjoyed the dividend was denied access.
The rightful shareholders of the liquidated company have come to know about it recently. When They detected that a considerable volume of shares lies with accrued dividends.
The Official liquidators have settled all other dues leaving the shareholders with nothing.
The company is dissolved.
The shareholders have found this undisclosed stock and have approached the recovery agencies.
Sympathizing with them I seek your guidance as how this issue could be resolved.,
They have been the shareholders right from the age of 6. the company being a family owned one.


Akash Jana
This Query has 1 replies

This Query has 1 replies

23 February 2023 at 20:39

Stpi query

Can annual progress report under stpi be revised and if yes what's the time limit for the same?


Bazeer Ahmed
This Query has 3 replies

This Query has 3 replies

22 February 2023 at 12:30

Can calculate CC Limit on short term FD

Dear Sir/ Madam,
Our Company has a CC account so every month we have to provide a stock statement for margin of working capital. They fix margin 25% for Stock and 50% for Debtors balance. We have an idea to make a Short-Term Fixed Deposit for a sum and as it will be more liquid than Stock and Debtors, there won’t be without margin and can be taken 100% value in calculation of CC Limit.
Our query is
1) Whether we can make a short term fixed deposit and calculate CC limit on 100% value of FD?
2) On what reasons will the bankers not allow to calculate on FD value?
Kindly advise us whether this idea is work out.
Thanks in advance,
With regards,
Bazeer L


ayushi agrawal
This Query has 1 replies

This Query has 1 replies

21 February 2023 at 13:31

Admission of CA Partner

I have a CA Proprietorship firm in the name of my name now i want to admit a CA as a working partner in my firm. Can appointment be made from back date if I want to admit him/her from 01/01/2023. What should be the appointment letter format to be upload.


md shakil
This Query has 1 replies

This Query has 1 replies

18 February 2023 at 19:38

DOUBLE PAN CARD LINKED WITH AADHAR

One of my clients has two PAN cards.
First PAN card is linked with Income Tax department where returns are being filed but not linked with Aadhar card.
whereas, second PAN in not linked with Income Tax but linked with Aadhar.

what is the way out to cancel the second PAN card.

Plz advice.






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