B R Kumar

Sir,
I have a sole proprietor trading firm in my town. Would like to start another branch with a different name but with the same owner. Is this possible and will there be inspection of office etc.,
As such, I have a desk space only for my trading activities as all my dealings are done in my laptop.
No physical stock of any material. Merchant trading only I do.
I want to have a second name and a new bank account in this new name.,
Is this possible and what are the procedures


Piyush

Assesssee is a private trust, The trust have a residential property, benefits of which is transferred to a beneficiary through a private trust.

How can capital gain by sale of this residential property be saved by the trust ?

Note - Taxable Gain amount is in excess of 1 Crore


Dibyendu Majumder

Dear Sirs
My client recently registered a pvt. ltd. Co. with the name of 4 directors , The name of directors was registered in MCA portal , MOA & AOA of the Co. has been also printed but at the time of capital contribution to bank only 3 director are contribute equal fund, 1 director denied to contribute his share & want to resign from the company. rest of 3 directors are agreed .Please clarify is there any rule to resign director and exclude his name from MCA portal before making his contribution to bank.


Kollipara Sundaraiah
10 July 2021 at 12:35

Fees collections show in books

Sir,
A doctor running a clinic two cities(main place and additional place)
If additional place fees collections amounts from patients through on phone pay main place bank account credited
Question:
Assess above fees collections transactions main place or additional place accounting books show procedure correct method.


Kollipara Sundaraiah

Sir,
It female assess exchange of old gold jewellery value rs:3 lacs after purchase of New gold jewellery value rs:4 lacs.
Question:
Assess exchange of old gold jewellery after purchase of new gold jewellery capital gains applicable in it act.


RAKESH
09 July 2021 at 22:20

Premature withdrawl

sir,
someone invested in fd for 5 yrs and claim deduction u/s 8o c later on he premature of FD ,what is the head under which he is chargeable to tax after premature of FD,;




TARIQUE RIZVI
09 July 2021 at 18:30

COMMISSION RECEIVED FROM FOREIN

Respected Sir,

Query No. 1
==========
Seller and buyer both are foreigner and in between I am an Indian working as an agent. Whether GST is payable on commission received by me from foreign country ?

Query No.2
==========
If the buyer is an Indian and the seller is a foreigner and in between I am an Indian working as an agent. Whether GST is payable on commission received by me from foreign country ?


Shakthipro badge
09 July 2021 at 17:25

Trust Deed changes

Can a trust change some of the trustees by a supplementary deed as per the manner in the old Deed. Whether permission from the IT department is necessary or should we intimate them about the change in the trustee by supplementary deed.


CA Parul Saxena
09 July 2021 at 16:59

Export details in GSTR1

What is the difference between Bill of lading and Shipping Bill?
In GSTR1 under table 6A Bill of lading No is to be given or shipping bill ni?


Prasad Balakrishnan

A company commenced business on 01.02.2020. Prelimany expenses were incurred since that day. No IT return has been filed for the period AY 20-21. Now in FY20-21 the balances as on 31.03.2020 are carried forward and included for the period 01.04.2020 -31.03.2021. How to prepare the financial statements for the period 01.02.2020 to 31.03.2021 with repsect to IT returns and for Company ROC.





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