a pvt ltd company can hire the employee who is non resident and the person don't have the pan card and the salary will be credited to the international bank account from the india company account .

what are the tax liabilities and can we do this ?

Dear Experts
Kindly shed some light as to whether GST is applicable on loss of sale of Assets. We are a Pvt Ltd Company. We sold a Cell phone at a loss after using it for five years. The Auditor has raised an observation that GST should be reversed in case of loss as well. As per Rule 40 of CGST rule 2017, the input tax credit on capital goods, in terms of clauses (c) and (d) of sub-section (1) of section 18, shall be claimed after reducing the tax paid on such capital goods by five percentage points per quarter of a year or part thereof from the date of the invoice or such other documents on which the capital goods were received by the taxable person. Is this position correct. If Yes, then how to reverse the ITC ? Kinldy elaborate.
Thanks in Advance
Shriram Deshpande

Do we have to fair value the fixed deposits with banks as per Ind AS?

Company A and company B are under the same management. Company A owns a plot, the market value of which is about 2.50 Cr. Company A allows company B to construct a showroom on plot of A. Company B gives proposed map as per its own requirements, which is submitted to development authority by Company A. Map approval charges and development charges are paid by Company A to the Development Authority. The cost of construction of showroom is borne by B. No rent is charged by A from B for giving possession and allowing use of plot by Company B. Period of allowing use of plot is likely to be quite long. There is no written agreement between two Companies.

Any transaction between two companies under the same management should be made at arms length price, whereas in the instant case there is no consideration.

On these facts of the case, my questions are:

1. Is there violation of any Act!?
2. Should the Auditor report such transaction in his Audit report, if no reference of this transaction is made in the Notes on Accounts?
3. How and in what manner the Auditor should report in his Audit Report?

Sir/Mam, i have completed two years in my articleship journey, now i have to cancel my registration due to personal causes. If i cancel my registration whether can i Re-register after certain period of time and complete my remaining year of articleship? or i have to go through three years of articleship period again? and whether can i view my CA exams results after canceling my registration? Kindly help me through this.

i want to appoint a KMP , i believe i can file dir12 before filing 20a.

till 20a is not filed, only annual forms, charge related fill Form SH-7, MGT-14, charge related forms or any annual filling forms cant be filed.
correct?

Do we need to display Annexure A and annexure B along with form gst reg-06 registration certificate in our office? Please clarify?

Sir,

We have imported the Raw Materials. CFS has wrongly delivered two pallets of other customers.
Now we need to send back that material to CFS for taking delivery of our material from CFS.
How sent the material thru lorry by using E-Waybill. please inform the procedure.

Please advice if there is any recovery from employee as per company policy for trainning cost what should be the accounting entry?

if a debtor deposit cash in trader's bank account ? is it a cash receipt or bank receipt ? and will it attract the provision of sec 269ST in case of higher amount recived?