amit mehta

MCA Website not working properly for DSC Registration or DSC Updation for many daya. Complaint section also not working. 15th March 2022 is the last date of filing of eform AOC 4 without late fee.

Already emailed to these email id's of MCA Customer Care and other official.

appl.helpdesk@mca.gov.in
crc.escalation@mca.gov.in
ddegov@mca.gov.in
iepf@mca.gov.in
dgcoa@mca.gov.in

Please suggest what to do next??

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Shashi
10 March 2022 at 21:19

Form 16 - Modification

Dear Expert,

Recently i got form 16 from my Employer. In that Form 16 Employer PAN No is mentioned is wrong. Could you please tell me how to correct the form 16

Regards.
Shashi

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ARCHANA

Sir/mam,

This FY 2021-22 Turnover is 7 Cr PY 2020-21 turnover is 21 Cr and purchaser turnover is FY 21-22 2 cr , we can deduct tds to purchaser both turnovers is lessthan 10cr in this financial year ,

Plz kindly suggest tds 194q applicable or not

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Daya

What is meaning of Credit and Paid in furnishing income Tax returns.
Paid meaning Paid to Party + TDS amount
Credited meaning Total Invoice Value.

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Om Prakash Shukla
03 March 2022 at 12:54

April - 2020 late payment of PF

Hi everyone

I want to ask will late payment of Provident Fund in April and May - 2020 be disallowed in Income Tax ?

I think there was notification from government for late deposit of Provident fund

Please answer asap

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Nayeemulla S H

Dear Sir/Madam,
We have the business of Rice mill, in this business we are used do milling process of paddy which is taxable @ 5%  but my query is for doing Milling process we charged Loading Unloading Hamali for which shall we collect GST @ same rate or is it exempted as per notification no 09/2017 of IGST

For Milling of Paddy @ 5%
Loading Unloading Hamali----???? (GST applicable or not)
Please if possible attach the notification regarding the same.
Thanking you

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Magesh Varadarajan
16 February 2022 at 16:18

Cash limit for advance to employees

What is the cash limit for advance to employees as per the income tax

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Kollipara Sundaraiah

Sir,
A partner ship firm purchase of property registered name in partner and property value payment through on partner ship firm.
Question:
1.Above transaction treatment firm and partner account (both persons) show in books in it act
2.capital gains applicable.

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Suraj

Dear Sir / Madam,

My query is related to Long term capital gain on sale of property.

1) Mr A has purchased 2 adjacent flats in March 2021 in joint ownership with his wife. He combined two flats and made as one flat with one kitchen. The society issues two separate maintenance bills for each flat.

He has sold his 1 flat, which was in joint ownership with his Mother Mrs B, in
December 2021. Thus, he is eligible for claiming capital gain tax exemption u/s 54 as the 2 flats were purchased by him 1 year before this sale.

In old property, which was sold, The mother's name was added to take the benefit of lower interest housing loan which was given to woman borrower. But the housing loan repayment was made by Mr A only.

So my questions here are that:
1) Can we show 2 adjacent flats as one home purchased against sale of the property for Mr.A??

2) Can we consider share of Mrs B in flat as 5% only while calculating the capital gain, as she was joint owner for namesake??

3) or its okay if we show entire transaction in Mr. A's return only, without showing anything in the return of Mrs B, though her name was there in both the purchase & sale agreement of old property.


The same Mr A is selling his ancenstral property now and investing in another new house.
Can he claim capital gain tax exemption on this sale also, being a separate trasanction??

Kindly guide.

Thank & Regards,
Suraj

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Daivshala Madnure
31 January 2022 at 18:00

Cash expenses book against bank transfer

We are Pvt Ltd company.
our director transferred some funds from company bank account to his personnel account and balance is not getting Tally with his expenses voucher. Debit balance still remains in to his account.
Can we adjust this balance with Cash expenses vouchers. if yes, which cash expenses we can book against this advance.

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