Hi, for a Private Limited Start up Company registered in Maharashtra in August 2020 who has not employed one any one yet and taking only professional services from consultants, is it mandatory to take Professional tax registration certificate along with enrollment ( both PTEC and PTRC)?

Second, if there is no employment agreement with directors and there could be chance of only profit sharing agreement/Meeting expenses reimbursement in future then do directors have to enroll themselves individually in Profession tax?

Third, if the directors are located in Delhi and Rajasthan where there is no Profession tax but they are directors of the company registered in Maharashtra, then do they have to enroll under Profession tax ?

Hi all

Where do we report SEZ sale in GSTR1/3B?
From where in GSTR 9, SEZ sale get auto populated?

Thanks in advance.

I was Merchant navy crew sailing for 10 years and subsequently posted in Singapore(on-shore) for last 4 years where I pay income tax @ 10 %. I have been having NRI status.In the current year 2020-21 I have stayed in India for 140 days. Do I need to pay tax in India.

Dear experts can my mother brothers wife make gift deed of agricultural land situated in village. If yes is there any Income Tax on that? The distance between agricultural land to municipal is around 22 kilometers. Please advise me awaiting your suggestions.

Can we supply material for approval with a Delivery Challan and without Tax Invoice.

Secondly if the material can be dispatched with Delivery challan do we need to Generate Eway bill.

Kindly give your valued Opinion Pl.

I have filed Gst 3b and GSTR 1 return for the March 2020 Nil return , after that client clarify that they have received March month GSt so please file again, So I have filed in September 2020 both 3B and GSTR 1 with March Month invoice date , now I am trying to file Gstr 9 for the FY 2019.20, system hasn't generated above march details in annual return and considered only upto April 2019 to February 2020, I have changed the amount in Nature of supplies point no.4, but I am unable to change point no.9 details of tax paid as declared in returns so How can I Adjust this march month Income and Gst in 2019.20 Annual return?

Kindly help as due date is very near.

Read more at: https://www.caclubindia.com/experts/gstr-9-2834229.asp

Dear Experts,
We need to make a payment for Product listing charges to a Foreign service provider who is in Cambodia.
At present, INDIA doesn't have a DTAA agreement with Cambodia. So For TDS deduction Purposes, Shall I consider a Rate Of 20% on the basis of PAN is not available Instead of IT rate or DTAA rate, Whichever Less, Due to DTAA does not exist? If the case, TDS deducted then such service provider does not get the tax credit Then is it Withholding Tax?

Is Tax Residency Certificate (TRC) helps to such service providers to avoid the TDS or withholding deductions & get the full money to the bank account.

Dear Experts,
Whose liability for RCM, if material of FOR price by supplier ? Also LR receipt is mandatory in this transaction ?
Please help me.

HOW TO APPLY PAN CARD FOR UNREGISTERED CHARITABLE TRUST / PVT FAMILY CHARITABLE TRUST

1. IS PAN COMPULSORY FOR UNREGISTERED TRUST FOR OPENING BANK ACCOUNT
2. HOW TO APPLY PAN FOR UNREGISTERED TRUST
3. DOCUMENTS REQUIREMENTS

can any one Please Guide whether we one can

Dear Experts

Pls. clarify below two point on Import IGST ITC availment.

1) Whether we can avail ITC even in case where we have not paid the Duty but BOE in our name (Material received on DDP basis where duty paid by vendor but we have to do payment against vendor invoice)..?

2) Whether ITC can be availed on FOC material where duty paid by vendor and material also received on FOC basis..?

I looking forward experts view on above.

Thanks & Regards

Umesha