Sir we are having a lot of GST Refund i.e. in Crores but still we are not getting the refund from the department then what are proceedings and procedures to get the refund as earlier as possible
Dear Experts,
Please advise on the below case study.
Suppose I am an event manager.
I had paid for refundable deposit to use a property for 10 years alongwith my cousin, like a monopoly right. Now I am no longer using the property. Please suggest a process to transfer the same to my cousin and how should I get my money from cousin. Will there be any tax implication in my or my cousin's hand? Thanks in advance.
Regards,
Preeti
Please give the format of Member Declaration Agreement for paid assistant in the CA firm.
Am a jeweller and I have old gold purchased from different customers, so.. now, want to know if I sale this old gold to registered person in case to buy new gold by giving old gold, what is the situation now? Do I pay tax of 3percent ? And also let me know how to file these information ingst
Respected Members,
I hope you all are doing well!
I am a full-time employee working in Noida. I want to start a course in the stock market. Can someone please let me know the best institute for doing the course and learn how to trade?
Hi!
I wanted to change my company name from a long time and have successfully filed an application. The new name also shows reserved on the MCA website. However the process is time consuming due to ongoing festive season and holidays. I want to register a trademark/ brandname. Since officially my company name hasnt changed yet,(the application is still under process), should I wait for the process to finish and then register the trademark or should I register the trademark anyway?
As per my logic, trademark/brandname should be considered an asset and hence there should be no problem in case of change of company name but I might be wrong here. Please shed some light on this topic.
TIA
My client has got a notice u/s 139(9). Then he has submitted revised return against his difected return.But he has not responded of the notice. so, responding status are pending. The Revised return has not proceed also till now from last 2 month after received status.
My question is,
IS THERE ANY PROBLEM TO PROCEED THE REVISED RETURN WHEN RESPONSE HAS NOT SUBMITTED NOTICE U/S 139(9)?
Respected team
My tds refund date is 10/07/2019
Still not recd when will get
Please reply
Hi,
So our partnership deed has 2 dates.
One on which we mentioned when we made the deed.
Other is the date of franking.
Bank is not allowing it as they want a single date on the deed.
The PAN card has the date of when we made the deed.
So we are stuck as to what can we do about it to open a bank account.
Is it a very big problem?
Hi,
Section 44AD(4) prescribes as" where an eligible assessee declares profit for any previous year in accordance with the provisions of this section and he declares profit for any of the five assessment years relevant to the previous year succeeding such previous year not in accordance with the provisions of sub-section (1), he shall not be eligible to claim the benefit of the provisions of this section for five assessment years subsequent to the assessment year relevant to the previous year in which the profit has not been declared in accordance with the provisions of sub-section (1)."
Hence the Query: ----the words declares profit u/s 44AD(1) for ANY previous year - this means any previous year even before this ammendment or after this ammendment..?
for instance, if prior to FY 18-19, an assessee has been declaring profit u/s 44AD(1) for last 6 financial years i.e. FY 11-12 to FY 17-18...now if in FY 18-19 he opts out of Sec 44AD(1),
in this case..can he not opt to re-enter 44AD(1) from FY 19-20, since he declares profit u/s 44AD(1) AND has also been declaring profit u/s 44AD(1) for more than 5 consecutive financial years subsequent to such previous year..FY 11-12...then he should be allowed to re-enter 44AD in FY 19-20 even if he opts out of sec 44AD(1) in FY 18-19...
although from FY 19-20 onwards the condition to declare the profit u/s 44AD(1) for 5 consecutive financial years succeeding that FY 19-20 would become applicable to him again
So, the query - from which year onwards Sec 44AD (4) mandates to check continous declaration of Profit u/s 44AD(1) --ANY year which may even be prior to FY 17-18 or w.e.f. FY 17-18 onwards only...
Awaiting expert opnions with supported reasonings..Thanks
Refund Proceedings related to GST