Renjith.R.s.
17 September 2021 at 17:47

MOA AND AOA - Companies act 1956 to 2013.

We have AOA and MOA registered under companies act 1956, after introduction of companies act 2013 whether we have to make any registration of earlier MOA and AOA under 2013 act?

Rgds
Renjith.R.S


Saurabh
17 September 2021 at 17:12

Confused about ITR form to use

Hi,
I have a query for ITR for FY 2020-21. Till date i have always used ITR-1 form. Since last year, I have started doing equity trading. Also, i have sold some mutual funds. Following are gains made:

Equity trading short term capital gain = 10000 Rupees
Long term capital gain by sale of mutual fund units = 40000 Rupees
Dividend earned from equity holdings = 2000 Rupees
Interest from tax free bonds = 20000 Rupees


Apart from that I have salary income and interest from Fixed deposits. Please advise if i shall continue to use ITR-1 or any other ITF form I should use


vaibhav sultania

Upwork is an online platform where freelancers can bid for projects.
I am residing in India and registered as a freelancer on this platform and bill my clients (some based in India & some abroad) in USD.
Upwork charges service charge on the total invoice amount and is also required to deduct TDS. Upwork is depositing this TDS with govt of India under section 194-O.

I would like to understand if I am required to pay GST in this case? If yes, then does the 20Lac exemption limit is applicable for me? Can this income from Upwork be counted as export of service or will it be e-commerce?


CA Rapunzel
17 September 2021 at 14:44

ERROR WHILE FILING ITR 3

Error Discription
If Assessee is not liable to maintain accounts as per section 44AA, then clause 6 of Balance sheet and clause 61 to 65 of profit and loss account cannot be blank i.e 64 and at least one of 61, 62, 63, 65 to be filled .

HOW TO DEAL WITH THIS ERROR?
MY CLIENT IS PARTNER IN FIRM. WHICH DETAILS NEED TO BE FILLED FOR THE SAME?


ap dsc
17 September 2021 at 12:49

Number of branches to Open

One of my Friend Recently CA Qualified and started to Practice. now he want to Open 4 New Branches at different cities. my query is, is he eligible to Open 4 new branches? he is proprietor.
at 4 places 4 full time staff are there. (distance morethan 60 km each city)


deepak
17 September 2021 at 12:33

Receive intimation u/s 143(1)

Hello,

Can i revised my income tax retrun for the AY 20-21, As i received the notice for "Adjustment u/s 143(1)(a)" HRA.
Exempt Allowance Sec 10(13A) is more than minimum of :a) 50% of (Basic + DA) orb) HRA .Hence amount exempt u/s 10(13A) is recomputed accordingly.
KINDLY HELP


MAKARAND DAMLE
17 September 2021 at 12:33

F&O Trade

For business in Futures & Options in share market can return of income be filed on presumptive basis u/s 44AD and by declaring profit @ 6% of turnover ?
If actual profit is more than 6% still profit can be shown @ 6% u/s 44AD ?


ARUN GUPTA
17 September 2021 at 10:35

Transportation by hand cart 0r cycle van

We are purchasing goods and getting delivery by hand cart for 20 kms distance. The value of goods is 8 lakhs. Do We need to generate E-Way bill. Will I get ITC for purchases made by hand cart?


Gopala krishna

I have a continuous service of 4 years 8 months in a organisation. During the Full and final settlement employer mentioned the gratuity amount as Ex-gratia, employer confirmed (orally) that as my service was 4 years 8 months, they have paid my Gratuity as Ex-gratia and this amount is also tax exempted.

But, in the Form-16, tax exemption not considered, immediately, I have asked my employer (through mail) to revise the Form-16, but, employer not responding.

Kindly advise,

1) shall I consider my Gratuity amount (which was paid as Ex-gratia) in my tax return

2) if not possible, how can I get my tax exemption.


Mohammad Irfan
17 September 2021 at 01:50

GST on Residual Value in Company Car Lease

Hi,

I took a car on lease through my company. Service provider is ORIX.
The residual value is quoted at 21% of Ex-showroom price(which already has 29%) GST.
After the tenure, ORIX asks to pay RV + 29% GST again.
Is this double taxation?