Dear Sir,
One private limited company which was incorporated on 23-02-2018 has now want to convert itself into one person company (opc).
The company has conveyed general meeting and pass the resolution for it and file mgt-14 with roc.
Now, when they go to file inc-6, there are 2 problem has arisen.
1st for mandatory requirement of attaching latest audited financial statements (because company doesn't complete it's first year hence no any financial statements are yet prepared by the company)
2nd for paid up share capital: - the company was incorporated with 2k paid up capital but when data about paid up capital has been entered into inc-6 the JavaScript was come with the message that minimum paid up capital must be 1 Lakh.
So, please guide us as to how to overcome this kinds of problems.

Sir, When can get company incorporation certificate after submitted SPICES forms.. But We receive an PAN & TAN through mail but not an Incorporation certificate.. How Long does it take time..? Anyone Plz Suggest Sir.

can i revise return u/s 139(5) even after the adjustments are made to tatal income u/s 143(1)a and outstanding demand is raised in assesee IT account.

Sir/Ma'm,
With due respect, I would like to know the process of cancellation of my GST Registration. I have chosen tax-collector in place of taxpayer. So I can't file GSTR-3B. Please assist me.

I have not deducted any TDS on interest paid as the deductee's income is below basic exemption limit but I have not submitted Form 15G. What can I do ?

Suppose a Pvt Ltd company has a plot of land which was purchased for Rs 50 Lakhs few years back. Now the company started the construction on the same plot of land and completed the same in the said year (Total construction cost is Rs 70 Lakhs). Should the company show this in the books as:
1) Land & Building for 120 Lakhs or
2) Both asset as separate asset ( Land = 50 Lakhs and Building = 70 lakhs )

Also advice if second alternative is adopted depreciation is to be charged at 70 lakhs only?

Please advice the treatment from both income tax and company law perspective.

What is the rate of GST on newly construced flat? A builder has started construction after 01/07/2018 and now want to sell of the flats. What is GST rate applicable for construction of flat?

Hello,
A NRI has transferred the fund of about 50 Lakhs to buy a Property in India from NRE to NRO.
He transferred the money to builder also..
But Later changed His Mind..Received money back in NRO Account from Builder
Now He wants to transfer a money back to his NRE Account.
What Procedure he required to Follow?
Whether Form 15CA/15CB Required?
Thanks in advance

DEAR SIR,
As per notification no. 12/2017 CT(R) & 9/2017 IT(R) dated 28-06-2017 and My understanding
Service provided by Goods Transport agency by way of transport in a goods carriage of a agricultural produce has exempted from tax.

My Query
I am a registered taxpayers under GST and i purchase agricultural product(aloevera leaf -exempt from gst) and send to buyers palace through GTA and pay transportation charges Rs. 12000 to GTA.
am i liable to pay gst under reverce charge for this transection ??
please guide me in this situation
thanks

I have been granted Disability Element of Pension from 11 April 2018 as per the Judgement of Armed Forces Tribunal Kochin in OA 296/2017.The processing of the Case took a long time and Principal Controller of Defence Accts Pensions Allahabad issued Corrigendum PPO sanctioning Disability Pension on ly on 26 November 2018.

In the mean while my Bank has deducted TDS from my pension. Disability Pension arrears from 11 April 2018 up to December 2018 have been paid on 02 January 2019.

Could you please advise me on the procedure which I need to follow to claim refund of TDS because the whole of my Pension is exempt from Income Tax from 11 April 2018.