Hi Expert,

I have supplied the materials in December-18 to SEZ Developer without collecting tax and without LUT and filled the my GST return for the December period.

After that i have applied for LUT in Jan-19 as per my SEZ Customer requirement for the Zero Rated Dec-18 Supply. But Now Customer is saying that revise the invoice with the tax invoice of IGST and go for the refund because supplied the materials were not belongs to LUT period.

How could i come out from it and get the refund if i revise the invoice once again. Pl advise

The Assessee has sold two houses in an Assessment Year and bought one house with the money received. Will he get exemption from capital gain from both the houses ?

Sir/Madam
Company is not running any business for last 2 years, All conditions of Sec 248 have been complied for striking off the name of company. There is no bank account in the name of the company, no assets & liabilities.
BUT in liabilities - unsecured loan taken from the promoter exists. Please tell me how to nullify that loan so that the Statement of Accounts can be filed with registrar.
Thanks in Advance

Hello sir
I got little bit confused while reading taxability in case of foreign company. In income tax act definition is
Foreign company is a company which is not domestic company.

And domestic company means company which is Indian company or..........

And Indian company means company which is registered under companies act 1956 (currently 2013)
Conclusion as per incometax act foreign company means company which is not registered under companies act 1956 or 2013.
Then foreign company as per companies act 2013 is a company incorporate outside India and........... ---....

Then my question is
1. Foreign companies are not registered under companies act ?
2. Whether foreign Company does not use words private limited or ltd
3 what are the example of foreign company operating in india which pay 40 tax and 2-5 % surcharge ( to which provision of international taxation applies)

Thank in advance
Pleas reply I know I am confused by reading bare laws.

Is there any time limit for alteration of the partnership deed?

One of my client is a private limited company. There are four directors represented by two individuals A and B and their spouses. Both the individuals A and B are signatory to bank accounts, (either or survivor basis). Now there is a dispute among the two directors. A has total control over the bank operations and is not sharing any information with B. B wants to move an application with the bank to stop the debits/ withdrawals in the cc account and as well wish to write to bank to withdraw the personal guarantee that he has given. Now my query is, whether the bank has to compulsory act upon the request of B and stop operations in the account or will the bank refuse to entertain the instructions of B and keep the bank operations going. Please give me your valued opinion along with case law or RBI circular if any.

HOW TO ADD ADDITIONAL PLACE OF BUSINESS IN GST PORTAL IF ADDITIONAL PLACE IS IN USE BEFORE COUPLE OF MONTH ? IS THERE ANY PENALTY FOR THE SAME ?

According to form 26AS the total TDS for the AY 2018-19 was Rs. 42313/-, but the intimation has come stating that there is a mismatch in TDS and it was only Rs. 36643/- hence asking for another payment of Rs. 6560/- over and above what i have already paid in ITR.
In the intimation they have put two TDS transactions for supporting the mismatch stated.
In form 26AS all the TDS depositing transactions have booking status as 'F' and i have checked thrice that TDS total is Rs.42313/- in form 26AS.
Gurus please help at the earliest for what to do and how to reply for this intimation.

Hi,
One of my friends registered a software service company in MSME. He decided to transfer the company to another person. He didn't create any bussiness with that company. He just registered. He dont have a separate bank account also. And not yet filed the GST. What is the procedure to transfer the company.?

Sir , I AM SEAFARER. ONE YEAR I MISS NRI. WHICH ITR I HAVE FILE FOR RETURN.