Can a private limited company accept loan from a partnership firm in which all the directors of the company are partners in firm?
What are the recent legal provisions regarding this?
Good evening all,
X co has taken premises on lease for 6 years. as per AS-19 Leases. it qualifies as operating lease. However can you please let me know weather IndAS 116 is applicable to this transaction to recognise as lease liability and lease assets. If so can you please provide lease workings format.
Note : lessee shall not sub lease and only lessee shall have right to terminate
What is the definition of parents for a married woman for 80D (do parents come, do mother-in-law and father-in-law come?
शादी शुदा औरत के लिए पेरेंट का डेफिनेशन क्या है ( क्या पेरनेट में माँ & पिताजी आते है क्या सास और ससुर आते है.
Dear Sir/Ma'am,
As im a exporter, cutoms has raised a query as " PRODUCE COPY OF GSTR-2 FOR THE RELEVANT/PREVIOUS MONTH AND ALSO CERTIFICATE FOR NON-AVAILMENT OF CENVAT CREDIT/GST CREDIT. "
But i have reversed the ITC for the month of July to Sept 2017, because for the first quarter of GST implementation either we have to take ITC credit or DBK . so we have consider the DBK and reversed the ITC, But now to answer the query at customs i need Non availment of cenvat credit letter. If i ask in customs they say we need to get from our range GST officer and if i ask my range office they say, without the letter or consent from customs we cannot give the letter like that.
so is there any circular for the same where i can show to our range officer. and how to resolve this issues please.
Regards
Manju
Who is responsible to execute the deed when partner is retiring i.e is it firm or retiring partner?
I want to know if a listed company wants to change the designation of its wholetime director to managing director, can company do it by passing a resolution in the Board Meeting or company has to take approval of its shareholders also. kindly convey your expert advise.
DEAR SIR,
ONE OF MY CLIENT STARTED TEMPLE TRUST. HE IS THE MAIN SOURCE OF THE FUND TRUST ACTIVITIES. MEANS HE IS MAIN TRUSTEE. OTHER TRUSTEES ARE HIS RELATIVES OR FRIENDS. HE WANTS TO GIVE LOANS TO HIS TRUST MEMBERS THROUGH TRUST FUND. CAN IT BE POSSIBLE TO GIVE LOANS TO ITS MEMBERS. HE COLLECTS SIMPLE INTEREST FOR THE LOAN GIVEN. THE INTEREST WILL BE TRUST INCOME. SO I NEED YOUR GUIDENCE.
REGARDS
A company with Registered office in Delhi with a branch in Karnataka having the GST of branch office is liable to Professional tax in Karnataka? Whether to obtain Registration certificate or enrolment certificate? Whether professional tax liability arise for all the employees or only Karnataka Based employees?
Kindly let me know the Applicability of income tax on unearned leave on private affairs for government employee at time of retirement
Sir / Mam
We are a trader. We returned the goods which were purchased earlier to the seller with delivery challan and e-way bill instead of issuing debit note.
Is there any issue?
Kindly advise me plz
thanks in adv
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Loan from Partnership firm by Private Limited Company