i was born on 21.11.1955 and i am a professional -- all these years i was paying professional tax -- i understand the same is to be paid till age 65 years. pls guide whether this year have to pay or not? can i claim exemption or not THANKS

Hi,

Do we have to pay GST on Directors Remuneration who is full time director.
& if so, then wef ?

Dear Experienced members of CAClubIndia,

Greetings of the day!
I had a specific query about resigning as a director of a pvt ltd company.

I had joined an pvt ltd company in 2018 which was also formes also together in the same time around June 2018,past 6 months due to multiple reasons,no one focused on the startup and all 3 directors were working on their own in other activities.

Now the other 2 directors have shared with me the resignation letter format.
I am happy and willing to resign,thus just wanted clarification that are there any specific clauses to be mentioned in the letter so as there is no element of any liability or other responsibilities I get stuck with after submitting the resignation letter.

##########################
To,
The Board of Directors
Company Name
Company Registered Address.


This is to inform you that due to personal commitments & preoccupation, I am unable to give required time and devotion for performing the duties of director and therefore, I hereby resign from the Directorship of the Company with immediate effect. You are requested to accept my resignation and intimate ROC for the same.

I express my gratitude towards all Board members and staff for their support during my tenure as Director.

Thanking you,

Yours faithfully,

Resigning Director Name
DIN Number
###########################
Let me know your valuable inputs.
Thanks for your time.

Regards,
Pranav.

Sir,
One of my Client having a partnership firm and its register with e-filling website. now the partnership is not going on. My client wants to reset the password for filling the Income tax Return but other partner who's DSC is registered with E-filling are not allowing him to file. so now, how my client can reset the password?? Can anyone help me on this??

hi,
I have a query that How to dissolve a private charitable trust (which file ITR 7) on voluntary basis or i wanted to know the process of closure of trust under Trust Act and Under Income Tax Act.

Regards,
Dipti

I have large income from interest on loans given. But now the interest income is doubtful to be received.
So do I have to include in my income as accruing or do I have to include it in my income in the next financial year only when it is received?
And suppose if I include it in my income as accruing and if it is not realised in the next financial year also; then what to do ?

How to write self declaration letter for transfer of articleship within 1 year

sir,
we have purchased certain material from Maharashtra that reached Lucknow in May during the lock down period. it was stuck with the transporter since then and the validity of E-way bill has expired on 31st May, 2020. now we want the transporter to send us the material but he is asking for E way bill. what is the course of action in such case. As per my knowledge the validity can be extended 4 hour before the expiry of validity period. please help ,e with this issue. Thanks in advance.

Sir,

We have factory @ Bangalore and hired GTA (Un Registered , Bangalore) to supply goods from Karnataka to Tamilnadu.

Which tax will apply under GST??

I have received IT Notice, they rejected the TDS U/s 194A, where i have received TDS on Interest, why they have rejected this, Please let me as soon as possible.