One of my client has IEC code which is active and issued in 1996. Now as per new requirements, they would like to migrate to e-iec code . But when they tried going to dgft.gov.in then apply for IEC code then entering PAN no and generating token using email and Mobile no , the whol enew blank screen opens without any information. I am wondering how email and mobile no can be linke dto old IEC no ? Since during 1996 , people were not active on internet and mobile. So how can they modify the same ?

Post merger or purchase, the unrealized profit on stock held by vendor co. as on the date of merger or purchase be derecognized in which of the the following cases
1) Vendor holding stock purchased from purchasing company
2) When two companies amalgamate and form a new company
In 2 nd case it should be derecognized , but in 1 st case whether it should be derecognized or not?

respected sir,
soaps and cosmotics say for example hindutanlever products suffer central exice at manufacturing point. so stocks held on appointed day would be cenvat goods . but purchase invoice of a retail dealer contains only vat collected in the state. there will be no indiacation of cenvat . now the retailer can claim credit of cenvat on goods held in stock at appointed day. please discuss.
thanking you

I am not from Mumbai but searching for the best CA firms for articleship and coaching for May' 19 attempt. Also what should be the order of subjects for classes concerning various ammendments.

Hi Sir,

Would like to know , whether TCS is applicable to Jewellery industry in GST Regime or it will be, as it is like earlier regime. In draft GST law , indicated that GST will be applicable on Customer Advances , is it different from TCS . if the advance received in Cash above 2 lakhs, both TCS and GST will be applicable.

One of our client has more Bank Transactions and charged with Service Tax earlier , going forward , may be charged with CGST , can this CGST eligible for set off against CGST Liability.

Please clarify the points

Regards
C.G.Dhandapani

A asesssee receive rent on plant and machinery how to disclose his incone wheather other source or bussiness and profession

A partnership firm whose profit as per books of account is different from profit as per Income Tax Act. So in this case calculation and depositing of advance tax will be as per books of account or as per income tax act.
However firm wish to deposit advance tax as per income tax act because there is low liab. of income tax as compare to books of accounts
Please suggest

Hello everyone…….Mr.A sold goods of Rs. 3 lakh to Mr.B on 10/04/2017……there is only single bill of Rs.3 lakh made by Mr.A….Mr.B gave cheque of Rs.1,80,000/- to Mr.A and deposited remaining amount Rs. 1,20,000/- in the account of Mr.A against above transaction…….is this violation of section 269ST?.......your replies are highly appreciated….thanks in advance….

it is mandatory to file tax audit assessees to file AIR under section 285BA of Income tax act 1961 for the A.Y2017-18 before 31-05-2017.

I have a case study for discussion. ABC company has taken premises on rent from XYZ landlord. ABC company initially was using the second floor only, the rent was Rs.14000 pm only. Now ABC company expanding its business and took the part of the third floor for Rs.7000 pm rent. Landlord requested to have lease agreement with his wife name for third floor portion.

Please help, how ABC company should proceed?