please suggest.

Particulars Dr. Cr.
E-Salary Wages 6,49,389
E-Company's cont. to PF 1,08,905
E-Bonus 32,812
E-Gratuity 24,571
E-Leave Encasement 49,118
L-Gratuity payable 24,571
L-Leave Encasement payable 49,118
L-Salary payable 7,91,106
Total 8,64,794 8,64,794

1. A company is incorporated with 2 promoter directors.
2.Now 1 director wants to resign and appoint another director.
3.How can this be done? The MCA portal is not accepting the DIR 12 .
4.Please advise

Sir,

One party raised in Invoice and delivered good on 24-03-2025 and same goods we received on 04-04-2025 , This good can I take stock as on 31-03-2025 , and when we have to take this invoice details in April or March

Plz clarify my doubts

Hi,
In the Inpatient bill summary, outside doctor's surgery fee and anesthesia fee mentioning in the bill and the same amount is paid to the doctor's on month end. Should we show the outside doctor's fee in income as fee received and book the same in expenses or we can directly show the outside doctor's fee as fee payable. My doubt is whatever the amount received is paid to the doctor and hospital doesn't retain any money, so we need not show under income and expenses

when and at which amount capital gain is arise when one company purchase a wholly owned subsidiary from shareholder of that company in consideration of purchasing company's share that is to share swap ..explain me tax implications from point of view of that shareholder as when and on which amount capital gain tax is arise.

Respected Colleagues,
Can we file TDS return in 27Q after payment of TDS before quarter end??

We have paid TDS on Sale of Property (800) for the F.Y.2025-26, under section 194-IA (Form 26QB), Corporation Tax (0020) From XYZ Pvt.Ltd, having PAN vide NO: AXXXXXXXXB who is a buyer, Challan Amount Rs.3,08,022/- Challan Date 05/05/2025. Challan paid to the sellors ie. PQR Pvt.Ltd’s PAN. But lator on, XYZ Pvt.Ltd realized that it need not to pay that amount, however, XYZ Pvt.Ltd also depositing every month TDS amount, hence, now can the XYZ Pvt.Ltd transfer such amount to its TAN number from the Seller’s PAN ie. Buyers PAN.

General Rule (under Company Law):
Once a dividend is declared at the Annual General Meeting (AGM), based on the recommendation of the Board of Directors, it becomes a debt payable by the company to its shareholders

But what happens if the company suffers an unexpected loss, such as a fire destroying its office? Can the dividend still be revoked in that case

We need your guidance regarding a situation where credit notes issued by us have been rejected by the recipients in the new GST Invoice Matching System (IMS). As a result, we have repaid the GST amount related to those credit notes.

We seek your advice on the following points:

How should this be correctly reflected in the upcoming GSTR-3B return?

Do we need to reverse the adjustment made earlier for the credit notes or simply add back the tax liability?

Is there a provision to rectify or delete the credit notes in GSTR-1, or should they be retained as originally filed?

Are there any additional compliance or reporting steps we must follow in such cases?

Your expert opinion will help us ensure accurate reporting and compliance.

I have filed First Qtr Return of 24 Q, 26 Q and 27EQ then I have file non filing declaration for Two Qtr for 24 Q and 27EQ due to no deduction now I have filed Last Qtr Return of 24Q but message showing on Income tax site portal - "Rejected by Traces" - I have filed All Qtr Return for 26 Q and all accepted by Traces.