A Pvt. Ltd. company have losses 80 Lac (Approx) of prior period. No business this year, and around 12 Lac Sundry Creditors to be written off through debit note. Due to this income raised by Rs. 12 Lac. Please advise this profit can be set off with previous losses or MAT eligible in this case, if yes than how much tax liability to be raised.

Dear Sir/Mam,
I want to know if any company gstr-3b filed incorrect sale figure not matched with its books of accounts.
Example.
A company made sale in the month of January total outward supplies Rs. 1200000 but Gstr-3B filed total outward supplies Rs. 1 crore 20 lakhs and paid tax as per returns data.
Then in this case now we have to file gstr-1 but it can be filed Rs. 12,00,000 only.

Please answer me regarding this question now which step can we have to take

company turnover 25 crore 2017-18

Thanks & Regards
Rahul Rana

Sir,
Actually My Grand Father had started a partnership firm in 1987, that time he had applied for pan card through a Advocate he got a pan card (No:- AAAAJXXXXX), he had done Firm registration from Bihar Firm Registrar Under 1932 Act 58(1) till there no issue.
But last year when i had changed my Bank, and applied for other current account then came to know that My Pan is registered under AOP (Association of Person) and i having partnership firm registration certificate.
Now we are puzzled what to do, we can't change pan card because of Balance Sheet. Please provide me advise.

One Private Limited company had done investment in another private limited company (holds more than 20% of shares) so these are associate companies.
Does consolidated balance sheet is required...?

If the ownership of house is on name of wife and she is housewife and husband is paying all the EMI's. Can husband can claim the deductions prevailing to house property?

Our business of courier agency
I want to purchase of bike, so can I get input credit on such bike.

Loan taken for personal purpose but the client have only one bank account ie business account the amount credited to business account how to show in books

1-We used one brand in 2009 namely KELVIN for all product selling .
2-All product we buy and sell in our above brand.
3-Is our concern is tranding or manufacturing as we used our logo KELVIN in all products.
4.Our sales in that period is above Rs.2.5 crores
5.So we must have Central Excise no or not because our sales is above 1.5 cr.
6.If we should have CE no , are we the dafaulter of Excise.

Please claerify the same.
regards
Pawan Gupta
kolkata
9433063416

If husband gift/transfer a property/land to his wife and than his wife sell this property nd acquire sales consideration in her bank a/c further she gives this amount to her husband as a loan.

queries.
1. capital gain taxable in hands of wife or husband.
2. can wife give sales consideration o husband as loan or gift or both.
3. if loan than interest given by husband to his wife clubbed or taxable in hands of wife.

Thanks

Dear Sir, I am Chandramoham Mishra. Currently, I am working with a CA firm FULL-TIME. I have to obtain Certificate of Practice (COP). As per clause 1 of part I of first schedule, A CA in practice can allow other CA who is in employment with him for obtaining COP. My queries are: 1) Can I obtain COP even though I am working full-time under a practicing CA firm? 2) As I am working full time, will there any obstacles or restriction on me? e.g. not to sign certain report or not to accept certain work 3) Any other disadvantages you want to suggest me. Kindly provide your answer / suggestion on above.