if i avail overdraft and business loan on proprietorship current account (abcd name) from bank then
a) can i continue using existing current accounts with other banks in same name (abcd)?
b) if I become nri then will it be possible to continue that od and loan?
c) what affect od will make on my personal banking or any other current account with different name or same name?
The EPF account remains operative and earns interest for three years even if there is no contribution.
I want to know that if there is any age bar in this?
Means, if this three years extndend period of interest earning is available after sixty years of age also? (ie, for employees retiring on sixty years)
Thanks
Hi
Whether TDS is applicable for advance given for construction of building? What will be rate?
Thanks in advance.
Hi, I have short term capital gain which is set off against carried forwrarded short terms capital loss from pervious years. At the same time I have long term capital gain less than Rs. 1 lac which is also set off against carried forwrarded short terms capital loss from pervious years. No deduction of Rs, 1,00,000 taken place in the ITR-2. May I know how to get the deduction in this scenario. I appreciate your kind support.
We use to purchase structural steel, send to our workshop directly from seller, fabricating the same including cutting, bending, welding, machining etc as per requirement of client, afterwards move the same to client's site, then installation and erection done by us.
how to generate eway bill ?? documents required for the same, whether it is just a outward supply or job work??
thanks in advance
As per 23rd GST Council decision GST on E waste is 5% with HSN as 84 or 85. We need to mention 4 digit HSN on invoice. What would be the HSN for disposal of electronic waste such as Computers, Laptops, Printers, Scanners, Telephone which is sold in lumpsum.
Please help. Its urgent!!
HELLO EVERYONE, I WANT TO FILE LEGER CONFIRMATION RETURN FOR MY CLIENT. AND
WE NEED TO FILE LEDGER CONFIRMATION FOR EACH DEALER SEPARATELY.
MY QUERY IS
1) AS WE HAVE BEEN DECLARED ALL INVOICES IN ORIGINAL VAT RETURN IN J1 OR ANNEXURE. SO IS THAT COMPLUSORY TO FILE THIS LEDGER CONFIRMATION RETURN ?
2) IN THIS UTILITY THEY MENTIONED " Net Turnover of Sales liable to Tax shown in the Returns of Form-231 / Original e-704 (As per Sch-I, Col.1l) Net Tax Amount shown in the Returns of Form 231/ Original e-704 (As per Sch-1, Col-1e)" FOR THIS COLUMN DO WE NEED TO MENTIONED TOTAL SALES (INCLUDING ALL DEALER) OR TOTAL SALES OF PARTICULAR DEALER.
3) IF INVOICES ALREADY DECLARED IN ORIGINAL VAT RETURN AND AGAIN WE DECLARED IN LEDGER CONFIRMATION UTILITY . IS THIS FINE?
Whether 12A and 80g certificate are same? I have old registration certificate of trust ....is it also 80g certificate?
or 80g certificate is different from registration certificate?
FY 2021-22
X (below 60 Years ) having Fixed Deposit with bank?
What is the Exemption limit when bank will not deduct TDS ?
We have a JV (ABC LLC) in US and hold 20% in it. Our JV out-licensed the IP rights and as a consideration received upfront cash and equity in the in-licensing company (XYZ Inc US listed Company). As there are no operations in ABC, so we are planning to liquidate and distribute its assets to members. So We will , would receive shares of XYZ and some cash on the liquidation of ABC We want to know the FEMA compliances required to be done for this transaction. Do we have to report to RBI about the change in investment in ODI from ABC to XYZ.
Please suggest.
Overdraft and business loan