Sanjib Mukherjee
30 April 2022 at 11:19

Essential Commodities Act

Is there any certificate or License under Essential Commodities Act, West Bengal
If yes then is it mandatory or optional and where we can apply for this certificate or License


Rahul K. Singh

Hi Team,

I am a qualified CA, with 3 year's of PQE , currently working with a Big4. I am considering to go for Global Accountancy Qualification. Should I Consider ACCA? Will there be any value addition??
My future planning is to move abroad.
What other Options should I consider (CPA, CMA, etc.), to get Global Level Qualifications?
Please guide!


SHYAM KRISHNAN K

Please clarify the tax applicability of dividend income from following cases
My private limited company receive a dividend income from other private company
An llp receive a dividend income from company
Tax applicability when the Company opted 115BAA


PURUSOTTAM PANDA
30 April 2022 at 01:42

Professional Tax liabilty of a Trader

Sir,

Is a Trader liable to pay Professional Tax ( Odisha)?

If so, how is it computed? On the basis of Turnover or on the basis of taxable income?


richa

Sir, My company make payment to Hotel on the behalf of my client but take invoice in its name . then we bill to client after adding our markup. the client deducts TDS on entire amount. it is not possible to take bill from the vendor in the name of my client. Please suggest
(1) What should be the rate of TDS 10% or 2% .
(2) is it possible I send two bills to my client one for actual Hotel charges and other for my mark up, and client deduct TDS only on my mark up. I again mention that its not possible to take bill from hotel in the name of my client. The bill has to be in my company name .


Raj kumar Dugar
29 April 2022 at 18:08

Professional Tax Cancellation

We are receiving notice for payment of outstanding Professional Tax of previous occupier of the property.
The previous occupier has closed the business without cancelling the PRC, and is not tracible now.
Can we or Should we do anything in this regard, as the notices are delivered at our address.


Priya Jain
29 April 2022 at 17:02

Query related to Advance ITT and GMCS

I am about to complete my 2 year of articleship,
as I have registered under articleship after clearing group 1, now my group 2 is still about to clear.
I am registered under new course.
Will I be allowed to do my advance ITT & GMCS, as it is Comolusory to complete both the training before appearing Final.
Please help with my issues.
Whether it is Comolusory to clear both groups to do these training.


Bhumit

Our firm got a notice from GST Department for Non-payment of Interest for delay filing of GSTR-3B returns under Section-50(1) of CGST Act, 2017 (Sept-17 To May-19).
My Query is
1) It is a must to pay the interest amount? if not please describe the solution.
2) In this notice, mention that in 7 days we have to pay the interest amount...If we want more time to pay can we get it? if yes please describe how?


Santhoshkumar Venkatachalam
29 April 2022 at 16:27

F&O Accounting and Audit

Dear Friends, In F&O Transaction how to calculate turnover and how to account F&O transaction in books of accounts. If it comes under tax audit what amount as a turnover needs to specify in Ratio calculation part.


sankar ponnan
29 April 2022 at 15:52

Inputs before GSTIN

Sir / Mam
I am going to start a new trading business for which i have to buy the construction materials for example, today.
I can get GST Number for my business only after 20 days.
I need my inputs.
Here, how to i get invoice from my supplier?
Or Can i get invoice after obtaining the GST Number?
Plz advise me
thanks in adv





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