If a property is transferred to the legal heirs via probate after death of a person. & the legal hairs sales the property in two months of the said transfer, then the income will fall under Long term capital gain or short term capital gain.

Dear CCI experts ,
We have received mail from MCA for resubmission of SPICe forms for incorporation of Private company with following errors/remarks :
1. DIR 2 should be provided -
2. Main objects of MOA should be in consonance with objects approved in RUN
3. Attach address proof should be legible
4. Definition of Private Company as per Sec 2 (68) to be mentioned in AOA
5. Fill full address of RO address i.e. shop no./ house no./ plot no. with RO proof

Case :
1. Whether DIR 2 should be provide on Stamp paper and for all Director cum subscriber with and without DIN. Also we have already uploaded Affidavit & declaration in format as per INC 9 on stamp paper as affidavit
2. We have added extra objects in details for construction and infrastructure companies generally add in their objects , also as in RUN restriction of number of words in objects clause can be attached, since we added only 1 major para in object tab of RUN
3. All address proofs and IDs of all subscribers not having DIN attached.
4. Definition not attached as per 2(68) -
5. address of RO is filled with required details , also attached Rent agreement with utility bills in the name of land owner.

Plz guide and help us resolving our concern.

Dear all ,
I want to know that a person (salaried based)having taxable salaried income 1 lac per month worked from april 18 to june 18
afterthat he resigned and notice period 1 lac dedctued in his full and final
now what the taxable income is 3 lac or 3-1=2 lac please suggest me . if any case law exist than please refer me
thanks

Hello All,

Lets say We present running account bill of 1,00,000 to Govt , Govt Deduct 5% as a security deposit and we have received payment of 95,000.

So, We have to pay gst on 100000 or on 95,000. that Security deposit we will receive after contract period which is 5 years.

Hi,

A company in its AGM has stated that it needs around 30 crores of loan. And that this will be raised as unsecured loans

A shareholder approached me with the balance sheet of the company and asked me to calculate if such amount is required to be raised.

Can someone help me how should i recheck that 30crores requirement

Sir,

I have uploaded the GST RFD 3 Statement in GST online Application, the file not upload and showing error The uploaded JSON file which was created via offline utility has invalid data format..

How can I file resignation of director due to death? if his DIN is deactivated. Please anyone suggest me to remove the director from board of directors.

Opening balance of car = Rs. 100000/-
Addition on 31.12.2017 = Rs. 50000/-
Sale of car on 31.01.2018 = 20000/-

Depreciation = 100000 - 20000 = 80000* 15% = 12000.00
50000* 7.5%= 3750.00
Total Amount of Dep. will be debited in P/L A/c =15750/-

Am I Right ? Please Advice me .

An Advocate raised the bill of Rs 200000/- . GST (18%) under reverse charge method. TDS (10%) under Section 194J. Both Parties under the Same State .

Please inform me the Accounting Entry. It is very Urgent.

I had a query regarding filing of revised return of a charitable trust registered u/s 12A...In original return I made a mistake of not filing audit report along with return and had shown interest income as dividend income by mistake....Total Income after exemption u/s 13 is 212430 on which tax amount should be 0...but in Java utility it is showing tax at normal rate rs 63729...What could be the posiible reason?
Thanks in advance.

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