My bank HDFC is confused if there will be a Tds deduction if my LLP entity has to make any invoice payment to a USA company (or to any foreign company) for taking their services. The USA company has no office in India, they operate in USA. The services taken from them involve recruitment/identification of relevant persons who can be located anywhere in the world and scheduling phone interviews/discussions with them to discuss a project topic for 30-60 minutes. We need this discussion as part of primary research to gather info in order to deliver our research/consulting projects. I'm dealing with two USA entities both of who say they deal with multiple clients in India who do not need to deduct any tax and that they will not be able to use any such deduction as their input credit when they file their return at the end of the year.

Kindly share if in this case 15CA CB is needed and TDS is applicable or not?

I m partner in one ca partnership firm registered from 2008. Now I want to dissolve partnership firm and we two partners decided to form prop firm. I want to know what would be the status of new prop firm for bank audit whether partner eligibility and standing also account or only firm standing is count for bank audits. Kindly guide. What would be better for us.

Banks in India open various accounts under Small savings Schemes like PPF, Sukanya Samridhi and Senior Citizen Scheme on behalf of Govt. In the Balance sheet of banks , where the balance in these schemes is shown by banks.

Regards

Hi I completed my articles on 26/03/2021. I took excess leave and I did the excess leave work starting 21/12/2021. I submitted form 107 for excess leave but form got revert back for correction saying
"Your Form 107 has been sent back for correction by the regional office with remarks Form 107 should be execute on stamp paper. Frankin/stamp paper should be within 60 days from the date of supplementary registration. .

Kindly visit ICAI Self Service Portal for further details."

But I am unable to submit the form with backdated.

Please suggest how can I proceed further

Respected Sir,
Export Invoice of September 2021 which has not been realized as yet though more or less 8 months have passed and now in such a case I have to apply for RBI extension. I shall be highly obliged should you please guide me on this issue.

Your Claim has been rejected due to : 1) GENDER NOT UPDATED 2) PHOTOCOPY OF BANK PASSBOOK NOT ATTESTED BY THE AUTHORIZED SIGNATORY.. Male gender is already mentioned ..Any idea regarding this.

Please share the online Provident fund registration process for a private limited company.

Thanks

Hi,

I need to cancel PT Registration in Karnataka. pls guide me the procedures to cancel to which website I need to login and make a cancellation request

Sir,
1.A small business person sales turnover rs:34 lacs in f.y.20-21.
Sales turnover rs:38 lacs in f.y.21-22.
2.A person purchase of land property value rs:40 lacs
Question:
1.how much loan available on itr based from bank
2.how much loan available on land property based from bank.

Dear Sir,

We are regularly export to material other country and we have also sanction Cash credit limit from bank (along with sub limit of Export credit).

RBI Closed interest subvention scheme from oct-2021 for export which open again on 08.03.2022 As per RBI notification dated 08.03.2022 RBI/2021-22/180 DOR.STR.REC.93/04.02.001/2021-22.

So our question is hear can we claim under this scheme our past consignment interest subvention ???