Thanks sir, but why not 194C. My friend telling me 2% tds is applicable. Therefore i am so confused.

Hi,

I have a partnership firm registered in 2015 for construction purpose and obtained a GST registration for the same, now i want to add a new nature of business for my old partnership firm, the new nature of business is retail. what is the procedure for the change of nature of business at the registrar of firms? Can I include the new nature of business for the GST number, if yes, what is the procedure for the updating the new nature of business in GST.

Thanks in advance for your replies.

Hello sir,
I bought my Flat in 2008 for 36 Lakhs. I intend to sell this month for 68 Lakhs.
I paid Brokerage Rs. 1.60Lakhs to find a buyer .
What will be my Capital Gain.
Please inform how much is my Capital Gain?
How much should i invest in Government Bond to get exemption from Capital Gain?

Thanks and regrads

Dear Sir,

Is it mandatory to fill cash and bank balance in ITR 4 for AY 2021-22.

The ITR gets validated even if the details are not filled.

Regards,
Divyesh Jain

Dear All,

This is to inform that we have made complete partition of our HUF by mutual agreement among the family members and distributed the bank amount among the members. Further the bank account is also closed.

Now our query is that we are not able to file IT return as Bank account is mandatory for filing of IT return and also for claiming refund.

Whether the bank account has to opened again ?

Waiting for your valuable advice.

Thanks & Best Regards
Uttam

Tax payable on total income is Rs.18,91,400/- and TDS deducted from salary and other income is Rs.17,82,346/- which is 94% of total tax liability
Still after filing ITR 2 interest us 234B is getting calculated
What can be done to rectify this and file income tax return ?

Dear Expert,

I would like to know the taxation impact of the Creche benefit to employees. Company would like to pay between 8000 to 13000 per month.

Kindly advise on below :
1. Is this benefit need to be considered as Income/ Perquisite to employee. Please provide the detailed extract with taxable & non taxable portion.
2. Is there any taxation exemption under Income tax for Creche expenses for employee or Employer.

Earlier response on this is highly appreciated!

Thank you,
GP

I was trying to file a petition in National Company Law Tribunal Delhi Bench online. Regarding that, I had following queries: -

1. Can the petitioner file and plead the petition himself? If yes, who can witness the sign of the petitioner in NCLT 9?

2. If the filing fees are to be paid online, how should it be stated in NCLT - 9? Should we say that the fee of Rs.1,000/-(NCLT-9 filing fee) would be paid online? And should we select "NA" against the Demand draft fee payment point in Online portal checklist?

3. Are we required to send copy of the petition to all the opposite parties and triplicate copies in NCLT before online filing? Can we send the petition copies after successful filing of the same in NCLT?

Dear Sir/Madam,

Kindly confirm my doubt regarding the last due date to file the FORM 10A u/s12AA of Income Tax Act 1961. Is it 31st March 2022?
For Renewal as well as for registration?

We have one regular export customer who has good amount of business with us. He placed the order and paid 100% advance also but subsequently he cancelled the order and asked for the refunds. However erroneously that advance got adjusted against the old invoices and all the SHBs were closed against this advance. Of course we had some unapplied payments pending at our end which should have been applied against the old invoices but instead of that advance got adjusted. Now when we asked bank to refund the excess amount bank is asking that the BRC is in the used status and hence we need to get the confirmation from the DGFT that we have not claimed any export benefits and since DGFT site is down we are not able to make the BRCs in the available status and bank is refusing to refund..
So our question is whether there is any rule under any of the acts that the advance has to be refunded as is or can bank rectify the application on our request and open the advance again and refund it to the customer. This issue is pending with bank since last 2 months and it is a dead lock and DGFT site is down we are not able to get the BRCs available. We have not taken any MEIS benefit on the same