Dear Professionals, Can anyone please provide me the procedure for normalising a dormant company. In my case the Company has not filed accounts since 1997 and wanting to file the same and complete the pending annual filings till date. However the company is dormant and view signatory details on MCA is also showing the following error - The Company has made default in filing DIN 3 / DIR 12. I want to change the status of the Company from dormant to active and complete the filing formalities, what should I do????

1. We are a manufacture we are supplying goods to customer. Our normal/current practice is we are arranging transport on behalf of customer & after that we are recovering it from customer against Debit Note. But In GST Transportation Charges paid by Supplier on behalf of Recipient is need to pay GST on Transport Charges & In our transaction transport Charges is part of Transaction Value in GST and we have to pay gst on transport charges.


2. We are a manufacture we are supplying goods to customer. Our normal/current practice is we are paying freight charges on behalf of customer & after that we are recovering it from customer against Debit Note. But In GST Freight Charges paid by Supplier on behalf of Recipient is need to pay GST on Freight Charges & In our transaction Freight Charges is part of Transaction Value in GST and we have to pay gst on freight charges.


3. We are a manufacture we are supplying goods to customer. Our normal/current practice is we are arranging insurance on behalf of customer & after that we are recovering it from customer against Debit Note. But In GST Insurance Charges paid by Supplier on behalf of Recipient is need to pay GST on Insurance Charges & In our transaction Insurance Charges is part of Transaction Value in GST and we have to pay gst on Insurance charges.

A company in corporated in august 2016 has yet not introduced the paid up capital. Is it necessary to invest the capital as mentioned in moa by the subscribers? Please give reference of particular section/rules. Thanks in advance

Dear Experts,
Business expenditure is allowed in income tax such as wages, salary, rent, travelling, depreciation, etc.

Pls tell me under which section of income tax these expenses are allowed?

Regds
Subham bansal

Clarify the following : 1. Agricultural land sold and purchased residential property - whether any capital gain tax attracts? 2. Whether father gift any amount to daughter - any gift tax attracts

My Client a Private Company has gifted a House Property to a winner of cultural activity held on the accasion of Annual day celebrations. what are the tax consequences? Should the company deduct TDS? If yes, how much is deductable? since the gift is not in the nature of cash, how to deduct?

Our company conducted a budget meeting in a hotel conference room, and the Hotel raised bill of Rs. 15000/- excluding food. There were no contract between them for conducting any meeting which will happen in that hotel. Shall our company is liable to Deduct TDS on hotel bill? If so then under which section it will be deducted?

Please solve the problem.

Thanks

Hi Friends my client is having a business of Renting CCTV to Builders and also selling CCTV to customers with installation and commissioning. my question is whether service tax and both applicable in this case whether purchase of hard disk and other storage devices is eligible for input vat If RCM applicable then tell me the rate and provisions. bcoz our Builders who has taken Renting service is deducting TDS

Sir i am confused whether i should go for CA final anymore as i attempted it 7 times but no group has been cleared and my age is 30 years. I got real shock in May 2016 when i was confident of 70 Marks in SFM but got only 40 marks in it. In my every attempt i got around 165,155,145 etc but not more than that. Please suggest me should i try other alternative or not, i have completed my CS. Thanx in advance Answer now

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Sir i am confused whether i should go for CA final anymore as i attempted it 7 times but no group has been cleared and my age is 30 years. I got real shock in May 2016 when i was confident of 70 Marks in SFM but got only 40 marks in it.
In my every attempt i got around 165,155,145 etc but not more than that.

Please suggest me should i try other alternative or not, i have completed my CS.


Thanx in advance