Sir,
previously turnover less than 1.50 cr and filled GSTR 1 quarterly basis, now not auto -migrated to QRMP scheme. Moreover dashboard shows GSTR 1 filled date on monthly basis, GSTR 3B forms also shows on dashboard.
please advise what to do if want to go QRMP?
if QRMP not applied now than how can file GSTR 1 ?
regrads

MR A HAS ALREADY ACQUIRED ONE PROPERTY LONG BACK IN 1982 NOW THIS PROPERTY IS WENT INTO RE DEVELOPMENT AND GOT 50% AREA EXTRA EQUALS TO 1500.00 SQ FEET. NOW THE SAID PARTY PAID FOR THE EXTRA 500 SQ FEET AREA.
NOW MR A HAS TOTAL AREA OF 2000 SQ FEET , NOW HE PLANS TO SELL AREA OF 1000 SQ FEET FROM OLD AREA , HOW MUCH CAPITAL GAIN WILL BE APPLICABLE?
WHETHER 2/3RD OF THE TOTAL VALUE WILL BE CONSIDERED AS COST OF ACQUIT ION OR FULL VALUE OF ACQUIT ION WILL BE ALLOWED FOR INDEXED COST OF ACQUIT ION

Dear Experts,

We are a charitable & welfare association (regd under Society regn Act 1860). We applied for a PAN card under the category of 'AOP',the closest category to our status,we thought, in Form 49A and received the PAN. But our a/c says with this PAN,you can NOT claim any Tax exemptions available to a Society nor can we apply for 12 A regn !
We are told that we should apply for a PAN under the category of 'AJP' ie 'Artificially Juridic Person' instead ! We are confused and worried about receiving the wrong PAN again !
Are we really an 'AJP' ? Kindly advise !

Tom

We are having a listed entity having investment of 9.5% of its paid up capital from B (a Foreign Corporate Body).

Now, B wants to sell the half of its investments i.e. about 4.75% to Mr. A an Indian resident who is also a director of the same listed entity.

Now my query is :
a) Prior approval of RBI is required to sell the investment?
At the time of investment 10 years ago, approval of FIPB was granted to the listed entity.

b) What are the compliance's required to be done?

I wanted to know how can we find out the MLWF Establishment Code of a particular company.

Hi, Eligible start up can take the tax holiday for 3 out of 7 years. If in the first year, Start up has opted for tax holiday, then do they have to pay Advance tax and Minimum Alternate tax that year? Or they are exempt?

What is the process of applying for a tax holiday year?

Dear Sir / Madam,

I wish to understand the possibility of not charging the balance of amortization of Leasehold improvement asset, after returning the office place.

To elaborate, I am putting the below pointers.

The office space was taken on lease rent.
These expenses were capitalized and is being amortized over the period of 5 years.

after an year, due to covid, we are forced to return this additional space and we have the amount of Rs. 60 lacs still to be amortized.

however we are not in a position to bear this one time hit in PL.

Could we park this in BS under the head like " pending for Appropriation" and take this charge in PL over the period?

Please help.

Thanks,

Sangita

Board resolution format for KYC updation in bank

DEAR SIR,
PLEASE PROVIDE DETAILS HOW TO RENEW THREE STAR EXPORT HOUSE CERTIFICATE EITHER BY WAY ONLINE OR OFFLINE

I was registered under Service Tax & currently my Service Tax Audit is going on. I had taken 2 shops on rent to carry on the business (same business in both shops in same name & nature). But, at the time of registration under service tax I mentioned only 1 shop.
Now, the officer is disallowing my CENVAT Credit by 50% as I registered only 1 shop to service tax. So, what can I do now...???