Dear Sir/Ma'am,

One NRI vendor supplying fabric to us, hence provided TRC and invoice but not ready to give No PE, since they don't have any Establishment in India, Instead of that, he is telling We are doing only purchase and selling, hence No PE is not required.

Can you suggest me declaration is required for only service rendered.

Thanks in advance.

Manjunatha
Internal Auditor.

When can the penalty u/s 271B for late filing of Audit report is to be paid (i.e before filing of audit report or after filing of audit report but before filing of ITR )and whether the details of the same are required to be furnished in the ITR as well as in Audit report ?????

one of Tax consultant use 'Auditor' Word in his firm name board (eg. ABC and associates, Auditor and Tax consultant). can any one use AUDITOR word in name board

If to a company X pvt ltd, CARO 2016 is not applicable then whether auditor needs to mention in "Report on other legal and regulatory Requirements Point No 1" that CARO is not applicable to this company.

P was the Internal Auditor of ABC Ltd and submitted 1st Quarter Audit Report . ABC Ltd is the 100 percent subsidiary of XYZ Ltd. P got offer for appointment in XYZ Ltd as Statutory Auditor. P submitted the resignation in ABC Ltd ( as Internal Auditor) and accepted the offer of Statutory Auditor.
In the capacity of statutory auditor of XYZ Ltd, P will take cognizance of the reports of the Subsidiaries ( including 1st Quarter) though Statutory Auditor of the ABC Ltd is different.
Whether P can accept and conduct the Statutory Audit of XYZ Ltd.?

Who can conduct the transfer pricing audit? Please link the relevant provisions.

Due to some avoidable circumstances, we could not complete our Tax Audit of AY 2018-19 (Turnover exceeding 3.00 crores). What is minimum/maximum penalty for the same ? Whether penalty would have to be paid before filing ITR ? Whether we can pay the penalty in instakments also ?

SIRS
WE WISH TO INFORM YOU THAT, BY MISTAKE THE OUTWARD SUPPLY MENTIONED IN GSTR-3B AS Rs.6,68,81,162.00 INSTEAD OF Rs.66,81,162/- . BUT MENTIONED IN GSTR-1 AS Rs.66,81,162/- CORRECT TURNOVER. PLEASE LET ME KNOW HOW TO RECTIFY IN THE ERROR.

PLEASE CONSIDER AND GIVE SUGGESTIONS.

REGARDS
S. RAVICHANDRAN
9566793688

If An Assessee is liable to Deduct TDS but He does not have TAN Number & Not deducted TDS then How it Can be reported in Point No. 34 of Form 3CD of Income Tax Act without TAN number?

Please suggest.

Whether clause 40 of form 3CD is applicable in the case of Professional like a Chartered Accountant or Doctor in Practice or it is simply applicable in the case of Manufacturing & Trading concern.