Dear Experts/Peers,

Good Evening to you!

I am on a discussion with the buyer on the subject matter. Since even professionals opinions also got confused I wish to post this in this forum to have a clarification.
The deed is for seventy lakh Indian Rupees. Seller is my wife (I have gifted the same to her) and the buyer is having some conditions as 30 lakhs will be shown in the sale deed and paid the same by DD. The balance amount will be transferred through RTGS either to my account or to those multiple accounts I wished to transfer.

Please let me know what the buyer meant by such transactions (on legal point of view) and how I could account this one? Whether the amount transferred (40 lakhs) through RTGS to those accounts (I preferred the amount to be transferred to some of my closed relatives/friends including my two daughters whichever is feasible) ALSO will be considered as legal/white money transactions since only 30L has been specified in the sale deed.

Please let me know what sort of legal/IT issues will arise on above deal and whether that 40 lakhs also been considered as white money transactions ? - in that case how could be deal this matter without such issues?

Thanking you,
Regads
gk

Dear All,

Request you to kindly guide if an NRI CA can open a proprietorship firm in india with a full time paid assistant. If yes whether the firm will have a separate bank account (NRO account) or will it be in the name of the CA?

I want someone professional to fill 3 forms for me which are as follows:
1) FSSAI for 2 year
2) Shop and establishment license for 1 year
3) GST registration Can you please let me know the govt.+ professional fee.


Please let me know the govt.+ professional fee.

Hi,
My office registered under Partnership Act and wanted to open new branch office. I wanted to know the provision inserted in partnership deed for opening branch office.

I am practicing with another CA in his office.(Not partnership firm) I am also doing & sign tax audits by giving his address in audit reports as my professional address is also his office address.

Now I want to do separate audits also at my residence. can I use my residential address in those audit reports. I have affixed a sign board at my residence also with my name.

GOOD AFTERNOON,
I HAVE REGISTERED MY FIRM IN MEF PORTAL , I FAILED TO NOTE THE UCN , KINDLY HELP ME TO FIND THE UCN ALLOTED TO MY FIRM.

THANKS

Dear member

Please proide me format of member declaration agreement for opening of new branch for branch incharge or mail me on rajeshh1097@gmail.com

Hello experts,
I hold an active COP from ICAI. However i recently got appointed as a director in a private company (family business) and also hold 50% shares of the same. On SSP, while updating my engagement details under regulation 190A, on the form, ICAI asks for a declaration which states, " I Declare That I And / Or My Relatives Do Not Hold A Substantial Interest In The Business Concern In Respect Of Which Permission For Full-Time / Part-Time Employment Is Sought." As i hold 50% of the shares, i have a substantial interest to which i can't declare. If i don't select this declaration button, i am not allowed to submit the form. So, how should i update my engagement details?

If i apply for membership on 28/01/20, then when will annual membership fee become due and till what time i have to pay that?

Hi,

I've completed approx. 1 year 7 Months Articleship in Bangalore. Now I want to take transfer from Bangalore to Hyderabad.

1. Can I give reason as my Parents not feeling well(Undergoing some Operation)?
2. If Yes, Please let me know with in how many days I can Join in Hyderabad?
3. If not, Please give me some other reasons.
4. And also share the Letter "To get the consent/Approval of the Institute before getting Form 109 signed by the Principal"
5. Share the Mail ID/Postal Address to which I'm supposed to send the letter to get Approval.

Thank you in Advance.


Please let me know ASAP.