Dear Sir/Madam,
I work for a Non Banking Finance Company, My question is regarding recent changes in reporting requirements under section 269T in which we have to report the receipts of repayment of loans and advance exceeding Rs. 20000/- otherwise than by account payee cheque. We generally finance auto rickshaws & we receive cash from almost 80% of our borrowers as they generally do not have bank accounts. I want to know if suppose we receive loan installment of Rs. 6000/- per month and 72000/- per year IN Cash from one borrower whether we have to report that also as it is very difficult for an NBFC to report such details then it has such accounts in thousands.

can a whole time company secretary of any company engage in part time teaching activities?

bal sheet is signed by 2 directors. One is not director but shareholder. what to do i have to file ROC return.
problem is ITR has been filed and 3CD also has been filed.

Is there any penalty provision for non filling GSTR 1 july?? pls reply experts

After the death of the proprietor ,I his son takeover the business.In the core field amendment,I changed the legal name of the business to my name,but in the prompter/partner section no edit option is available.What is the procedure of change of status?

I have made some mistake in TRAN 1.When the revision of tran 1 is available in the portal?

What is accounting entry for GST paid on rent?

I have only stock not ITC, should I have to file tran-1.

I am an NRI. My mother is a RESIDENT and has sold her self owned property. Out of the sale proceeds she intends to gift me some money. Further, my mother intends to send this GIFTED MONEY to my OVERSEAS ACCOUNT directly using the Liberalised Remittance Scheme.

While I understand that this transaction is a CURRENT ACCOUNT Transaction under FEMA and is allowed.

I would like to know if there is any TAX LIABILITY on me or my mother in case of this Remittance from her Indian account to my Foreign Account.

Query- I have itc of sgst more than cgst, so can i set-off output igst first with sgst and then with cgst so that i can carry forward equal closing balance of cgst and sgst for next month