Ritik Jain
18 August 2021 at 12:45

Query related to FEMA and IT

A) Can Resident Individual transfer fund to his Spouse Resident Savings account (Spouse is NRI from last 1.5 year). She is not converted our saving account into NRO account. In Last 1.50 year they have done many transactions. It is mandatory transfer fund to his NRO Account?? B) If Same Resident Individual wants to transfer fund to NRI NRO A/C for the purpose for business of NRI. Can He provide the loan as a Loans & Advances (Assets) Or it will have to be considered as a gift.


incometax files
18 August 2021 at 12:16

Dded and forms

In a firm there were 3 partners out of which one partner has died. Now remaining partners want to continue business in partnership and want to add a new partner .
Plz provide me format/ draft of partnership deed in this situation specially in case of death of a partner.


Mahabir Prasad Agarwal
18 August 2021 at 10:13

Cash payments to partners

In a partnership firm, whether a partner can receive and pay any amount of cash. Is there any limit on cash transaction for partner ? The firm is to be audited .


DIVYESH JAIN
18 August 2021 at 09:28

Filing of ADT-1 for Appointment

Dear Sir,

Can a new auditor file ADT-1 for appointing himself as an auditor for a company even when the previous auditor has not filed ADT-3 for his resignation.

Will there be any liability on the new auditor in this case. The old auditor has given the resignation letter to the company.

Please help.

Regards,
Divyesh Jain


Kollipara Sundaraiah online
17 August 2021 at 22:27

Employees salaries allowed

Sir,
A person running a private hospital 15 employees working in hospital
Some employees salaries paid above rs:15,000/-p.m.
Some employees salaries paid above rs:10,000/- p.m.
Some employees salaries paid above rs:5000/- p.m.
Question:
1.Assess all (15 members) employees salaries paid amount (business expenses) allowed in it act.
2.Any limit of employees allowed in it act.


MAKARAND DAMLE
17 August 2021 at 22:06

P F

CONTRIBUTION TO RECOGNISED P F STARTED FROM JUNE 15 TILL OCT 17
P F AMOUNT WAS WITHDRAWN IN FULL ON 23.07.20
WHETHER EMPLOYER & EMPLOYEE CONTRIBUTION AND INTEREST RECEIVED ARE TAXABLE ?


MAKARAND DAMLE
17 August 2021 at 18:37

PF WITHDRAWN

PF MAINTAINED WITH EMPLOYEES PF ORGANISATION IS WITHDRAWN AT THE TIME OF CHANGE OF EMPLOYMENT
WHETHER AMOUNT RECEIVED TOWARDS EMPLOYER CONTRIBUTION, EMPLOYEE CONTRIBUTION AND INTEREST WOULD BE TAXABLE ? IF YES UNDER WHICH HEAD ?


Ajay Thakur
17 August 2021 at 18:34

Refund having no bank a/c in india

how to get refund having no bank a/c in india in case of non resident.
IS refund is transfered to authorised person authorised by assessee


CA Rapunzel

Received amount on maturity of LIC. This is to be considered as income from other sources or should be indexed and considered as capital gain. LIC held for more than 36 months.


Piyush
17 August 2021 at 16:29

GST on brand promotion

In case of making of a music video, brand is promoted through the video, for which brand integration fees charged. Whether GST will be chargeable on the fees or purchaser will pay RCM on it?





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