Hello Expert

Private company taken unsecured loan from director and relative of director by passing Board Resolution in Second Board Meeting .
Now company plan to convert such loan into equity.

can company eligible to pass special resolution in General Meeting in respect of above loan.

Dear Sir,

Can I book the expense bill in April 2018 which invoice date is 31st March 2018, Actually i have received the bills in april 2018 and I have already filed GSTR2 and paid tds, So can i take input credit

Please give advice

Dear All

Please clarify if payment of conference participant fee payable in USA by an Indian Company for it's employee will attract TDS under section 195???

Hi All,

Wanted to know what all documents are required for processing forex payments ?

Secondly, is 15CA/CB required to be attached with every foreign payment or is it a periodic document?

Please also elaborate the process of drafting and filing 15CA/CB.

Thanks a lot.

I am going to buy a flat worth Rs. 6300000 , now this building will go into redevelopment in 2020 and we will get new flat within 2 years worth rs 1 crore. So in this case so we need to pay capital gain tax?

Respected All

we received an electricity bill from 10.03.18 to 09.04.18 with rs 50000/- in the m/o April,2018

so pls clear that we book this bill amount in month of march,2018 or april,2018 or partially in the month of march and april.

what should be correct entry??

Regards
Atul KUmar

If "A" is a transportor registered in GST in MP state.

Now "B" is registered manufacturing co. in GST (in Gujarat, Kerela, MP, Rajasthan) and hired 'A' as a transporter and taking service for transport goods from MP to Kerela.

'A' bills to 'B' (Gujarat) for above transportation, then what RCM will be applicable ?

While applying IE code am gettiing error message showing Address wrong. I didn't use any special character but still am receiving the same message.

I have rented out a commercial property for 1 year from 15.05.18 - 15.05.19, Now the person who has rented the property has already paid the rent(incl of gst) in advance for whole year, so do i need to generate gst bill every month or can i give him just one bill summarizing 12 months?

please help.

Respected Sir,
Local body earlier registered in VAT now migrated in GST.
1. VAT payment for Pre July 17 is still pending. Can we pay now? If yes , through which site??
2. GST - TDS provisions are not applicable till June 18 , but Local body is deducting GST @ 2% from bill of various contractors. Is it correct??