P.Madhivadhanan
This Query has 1 replies

This Query has 1 replies

13 January 2026 at 10:41

Insolvency and Bankruptcy code 2016

X Ltd registered with RBI as NBFC, has defaulted in the payment of due to its catering contractor. Whether catering contractor can initiate IRP under IBC 2016 against the company as an operational creditor.Catering contractor is Partnership firm


Javed Memon
This Query has 3 replies

This Query has 3 replies

Respected Sir,
Propert Value is 60,00,000

Buyer is 4
Seller is 2

While Filling Form 26QB in Column Total Value of Consideration (property Value ) is 60 Lakh or Proportionate Basis respect of One Seller i.e 7,50,000 Rs.

on You tube Channel Name CA GURUJi suggest TDS on full property value, while other professionals suggest proportionate value.
Kindly clarify the correct legal position

We Entered Full Value i.e. 60 Lakh So any notice Will be Received ?


Rishita Nahar
This Query has 1 replies

This Query has 1 replies

Can anyone send a detailed list for licenses, registrations, documents or certificates to be updated for change in name of company due to conversion from private limited to public limited company.


Rajesh Topiwala
This Query has 3 replies

This Query has 3 replies

12 January 2026 at 21:22

TDS on rent paid to NRI rate

Rent paid to NRI by individual tenant. Whether TAN number is to be obtained by Indian individual tenant ? As I know that there is no basic limit of rent paid to NRI . correct ?


afreen shaikh
This Query has 1 replies

This Query has 1 replies

12 January 2026 at 15:37

Share valuation MTHOD

In case of Pvt. Ltd. Co. Incorporated 2 years back and at the time of formation shares were subscribed by key management persons as a promoter of Company. They were holding the shares in a capacity as a legal members and not as beneficial member and undertaking was given by the management persons. Now shares are to be transferred to actual beneficial owner and share value per share as per net Asset Basis is more than face value. If the shares are to be transferred what price should be considered whether face value or net assets method value??


Swati Kalambate
This Query has 1 replies

This Query has 1 replies

my client is input service distributor
one party of our client filed return for the month dec 2025 on 11/01/2026 but they have missed to raised isd invoice. now they are filing the gstr 1a and showing the ISD invoice on 12/01/2026.
now the query is when the ISD will take the credit 1) in the month of JAN ( for dec return) or 2)in the month of FEB( for JAN return). and when this credit will reflect in gstr 6a of ISD( dec or jan).


Mahesh Vijay
This Query has 1 replies

This Query has 1 replies

12 January 2026 at 12:05

Input credit on sports event

Can we claim GST Input credit on expenses incurred for Sports meet for Staff/employee


Allauddin Patel
This Query has 2 replies

This Query has 2 replies

Dear sir/ madam
my question is
We are registered in gst as proprietor firm . we purchased car/bike and shown this in fixed asset and claim depreciation on this. at the time of selling this car/bike to individual (urd) do we need to issue tax invoice ?
kindly reply me


RAJEEV KUMAR MEHTA
This Query has 14 replies

This Query has 14 replies

A, B and C own a flat where major financing is done by A and around 25% is financed through loan from Bank by C. C has been paying the emi and loan is almost paid.
A expired 2 years ago. A had three legal heirs i.e. B D and E of which B is the joint owner as stated above.
Under the premises kindly advise on the treatment of sale proceeds to be distributed between B,C,D and E as also the TDS by Buyer?


webconcepts
This Query has 1 replies

This Query has 1 replies

11 January 2026 at 09:10

POS for digital products and services

I got my gst registration done in one state, but I am not residing in the state for personal safety reasons.
I make a small amount of money online, while filing the gst returns, can I use the state where I currently reside as POS, or should I use the state in which the gst is registered as POS while filing GST returns?
What happens when the POS is different from the state in which GST is registered?






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