musabbir

Please let me know the Tuition fees maximum limit under section 80C deduction for salaied person eg. if the Tuition fees is 2440/- per month and Term Fees 2440/- per Term . what will be the deduction.


VARMA
26 November 2022 at 11:30

Lien on Fixed deposit

Dear sir,
We used to purchase Bank Guarantee, Letter of credit from financial institution or bank depositing 100 % margin as deposit during duration of Bank Guarantee or Letter of credit.
Bank will create lien on fixed deposits.
I need advice from expert team,
1. whether creating lien on Fixed deposit is termed as
encumbursence of asset of company.
2.whether bank is under obligation create charge @ roc/MCA


RAMEHWAR GURJAR

the officer issued an SCN jul 2017 to mar-2018 regarding RCM on Mining Royalty but Drop the processing of that SCN saying that the SCN was wrongly issued after this, a new SCN is issued for the same period or same matter in which tax has been issued for more tax than the earlier SCN. can SCN of same duration be issued on same issue with more demand please guide me.


ANUJ
26 November 2022 at 11:06

Conversion of Director Loan

Can a private limited company issue share to director against his unsecured loan and director is also the shareholder in the company.


Amandeep Singh
26 November 2022 at 10:41

GSTR-1 Excel File

Sir,

Can We upload GSTR-1 e-return excel File to portal to file GSTR.
Please suggest


Daya
26 November 2022 at 10:32

Transfer to drawing accounts

is disallowable expenses transferred to drawing accounts in the case of individual and HUF.


SUNIL KUMAR SAXENA

hello all could u please guide that whether a Foreign Russian director and sharholder holding 99% shareholding in Rs 2lakh share capital co. Now to purchase new machinery in india in what way he can invest his funds from Russia to India. i.e whther by increase of authorized share capital or External commercial Borrowings (ECB). what are procudures and legal compliance with ROC, RBI AND OTHER AUTHORITIES . LOOKING FORWARD FOR RESPONSE


Munisami

We manufacturer making invoices to overseas customer for tool cost and the tool physical movement will not happening, we develop the tool and keep it us for manufacture of components.
Invoices making in foreign currency and amount will be received in foreign currency.

Whether GST applicable for the said transaction?. request to advice how to do the transactions.


satish kumar Chauhan
26 November 2022 at 07:49

GSTR-9 TABLE 6

Greating of day
My query, which amt of ITC to be bifrucated in Table 6(B) of GSTR-9 net of ITC claimed in GSTR-3B or gross ITC without adjustment of debit/credit note as the amount auto papulated in Table 6(A) of GSTR-9 is Gross.

Thanks to all experts


Rajiv
25 November 2022 at 22:46

Insurance claim Taxation

The company provide insurance coverage for an employee. It covers following
- Death benefit
- Permanent disability
- Critical Illness

This insurance is in addition to health insurance where the insurance amount paid is as per actual spend

As per my understanding Death benefit received by nominee is tax free under section 10(10d).
But I am not very clear how is treatment for lump sum insurance amount received for Permanent disability or critical illness such as cancer.