Please help me, I am getting '' wrong password entered plaease enter the correct password" when I am trying make online corrections in TRACES using DSC. The DSC Password is correct but still it showing as wrong password.

DEAR SIR,

ONE PARTNERSHIP FIRM REGISTERED AS ON NOVEMBER 2019. NO OF PARTNERS 3. EACH PARTNER TO BE DECIDED INTO INVEST RS. 400000/- IN THE FIRM. BUT THE CAPITAL AMOUNT OF THE PARTNER SHALL BE DEPOSITED IN THE BANK ACCOUNT. BECAUSE BEFORE GST REGISTRATION BANK ACCOUNT COULD NOT BE OPENED IN ANY BANK. NOW GST REGISTRATION TAKEN AS ON JAN 2020. STILL THERE IS NO TRANSACTION AND FILED AS NIL RETURN TILL MACH 2020.

MY QUESTION IS WHETHER INCOME TAX RETURN OF THE FIRM TO BE FILED AS NIL OR IS THERE ANY INTEREST ON CAPITAL AND REMUNERATION OF THE PARTNERS TO BE CALCULATED UP TO THE MARCH 2020?.
BECAUSE THERE IS NO CAPITAL AMOUNT SHOWN IN THE BANK ACCOUNT.

PLEASE CLARIFY ME

What sort of structure can be legally permissible for having a different registered owner and beneficial owner?

Assess trade a bakery foods business.
Estimated sales turnover Rs.7 lacs per month
Estimated trade expenses Rs.4 lacs per month.
Assess wanting loan from banks Rs.5 lacs eligible or not.
what is documents submitted to banks.

Our consultant has booked many expenses in 2018-19 & 2019-20 in Fixed assets. now how can we adjust that expenses from fixed assets. Our company is US based so we have to report there for changes in any item what is the best thing to correct Fixed assets?

Hi,

One of our client they run petrol bunk. The land is taken on rent For Rs.22,000/- per month, and in return HPCL will reimburse Rs.19000/- twds rent to Bunk owner.

Do we have to pay GST on Rent received? and
Do we have to pay GST on Rent paid to land Owner??

Regards,
Sagun

Our organisation have turnover more than 5 crore i have submitted return today but DSC is not attached due to some reason if i attach DSC to tomorrow i.e.6th may even then interest would be levied for 1 day?

Assess trading of stocks and derivatives in shares
How to passed accounting entries
1.intra trade for stocks
2. Intra trade for future and options
3.positional trade for stocks( delivery)
4.positional trade for future and options.

Dear Sir/Madam,
I am working in IT company as a Assistant Accounts Manager since 8 year and i am expertise in Accounting and taxation. I am working on Tally based software for book keeping. My qualification is MBA Finance. Since working with the same company my knowledge is limited that company and i want to upgrade my skills and looking to upgrade my skills with SAP FICO and also change of the company. can you pleases guide me how its works to my carrier ?

- We have a Company in Singapore and I am an Indian resident.
- My Singapore company wants to pay me divided. Divided is not Taxed in Singapore.
- I will declare the dividend income in my Indian Personal Tax filing because my global income is taxable in India.

Question: Will I be taxed in India according to my income band or because of the Singapore-India Double Taxation Avoidance treaty, the tax rates will be different?

Thanks in advance; I would appreciate if CAclub gurus can comment on this.

God bless.