Dear Sir,

My query is that our director authorized me to as general manger to seal and sign all the legal document and copies on behalf of them. my qus. is that Can i also authorized to appoint HOD on behalf of me for signing doc's, if yes then according to which sec.

Dear Sir,
Our PVT LTD company salary Rs.50000.00 has been paid from Director Proprietor CASH A/c
Confusion regarding Voucher entry in PVT LTD. Books
Journal Entry or Receipt / Payment should by passed for Salary in PVT. LTD.

Regards

i My client s AMC of airconditioner and also some times purchases parts and fixes in AMC contract

Read more at: https://www.caclubindia.com/experts/ask_query.aspPl tell me gst rate applicable on the above ???

Dear Members


One of my client received Notice U/s 139(9) for Defective return for AY 2018-19 with an error code 332 : Tax Payer has shown gross Receipt or income under the head " PGBP" more than Rs1 Crore; However, Part A of the Profit & Loss Account and/or Balance Sheet have not been filed and the books of accounts have not been audited'.

First i have filed 3 CB & 3 CD then followed by ITR. Filed ITR also shows the details in Part A of Profit & Loss account and balance sheet.

Can any one help me for resolving my query.........

Hello Experts

I received one notice for one of my NRI client (Attached herewith details) u/s 139(9). It is mentioned that in the Return, Higher Amount of Tax has been calculated whereas the Tax amount is absolutely correct. Can anyone please go through the Error and probable resolution and suggest what exactly needs to be done in this case.

Error Description as per Notice Received
In the return of income filed, higher amount of tax has been computed, without furnishing the complete details of the income on which this tax has been computed, in any of the schedules. Hence, as the schedules in the return of
income, relating to computation of income under respective head of income have not been duly filled in, the return of income filed is regarded as defective, as provided in Explanataion (a) under section 139(9).

Probable resolution as per Notice Received
The relevant schedules in the return of income, based on which income is computed under respective heads, have to be duly filled up, showing the basis on which higher amount of tax has been computed. The correction of this defect is to be made in the 'corrected return', if there is no change in the income returned. If the correction results in a change of income then, the same is to be corrected, by filing a revised return.

Regards
Neha

Dear Sir/Madam,
My brother resigned from his employment (after 10 years of service) in feb-17. He continued to maintain his EPF account even after resgination without withdrawing any amount. Will the interest received after resignation on the accumulated balance be taxable? If yes, what is the point (time) of taxation and what is the taxable amount of interest?

dear experts,

i have a one query relating to sharing of profit to employees can someone tell me what is limit or what is eligibility or ref. a notification or rule (income tax )

assesee can claim for both property purchase and construction allowable in act or not

What are the procedures for the Foreign Investment in Existing private Limited Company In India .?

A foreign company plans to buy 100 Percentage shares of an existing private limited company. What are the compliance to be followed.

Dear Sir/Madam,
In 31st GST council meeting, it is decided to make Legislative changes in Section 50 of CGST Act, such that ,
Interest will now be calculated on the Net tax liability arrived after deducting Input tax credit utilised for the month.That is Interest is calculated only on amount need to pay tax from electronic cash ledger.
My question - is this amendment applicable retrospectively from Jul-2017 or prospectively ?
because dept is demanding interest from our company for late filing of returns in initial months.Actually, we need not pay any amount from cash ledger, we have enough amount in credit ledger. But department is demanding of Gross liability.
Thanks