Can You Clarify A Non Resident wish to transfer fund Under LRS $250000 from NRO account.
Non Resident is already paying Maximum marginal tax @30% On Indian income
Remittance needed for her family maintains.
Whether TCS On Remittance under Sec 206 C-1G will attract or not
Kindly Clarify the same .
Mahendra Doshi C.A
9920385264

dear expert please guide me
"My client purchased goods from ABC Company in FY 2018-19, and the Input Tax Credit (ITC) amount claimed was Rs 7 Lakhs.
However, ABC Company failed to file their GSTR-1 and goes for liquidation to NCLT , I received notice from the tax department demanding the reversal of ITC along with interest."
please guide me how i can defend my client

Respected Experts,
I want to start to do cryptocurrency and I donot know how to pay tax on these because in case of crypto we can get per day profit on saling and purchasing Crypto so how we pay tax daily or monthly,Annualy Tax

pls clerify my Doubts.

Hi, Namaskar.
I have the following query on my EPF claim.
I left my last company during 2021, at the age of 58 with 21 years of contineous service and regular contribution to EPF account. After that, I did not persue any job.

Now, I am 60+ and want to claim final PF settlemet.
Please let me know,
Whetehr my corpus amount, which was there when I left the job, would earn any interest, for last two years.

I HAVE REGISTERED ON E FILING PORTAL ON 31/10/2023 AND FILED Q2 TDS RETURN (REGULAR) ON THE SAME DAY, NOW THE RETURN IS ACCEPTED BY CPC BUT WHILE REGISTERING ON TRACES FOLLOWING TYPE OF ERROR IS SHOWING:
Invalid Details could be because of
i. TAN Not Available in TAN MASTER OR
ii. All the statements filed for Financial Year 2009-10 and onwards are in cancelled state OR
iii. All the statements filed for Financial Year 2009-10 and onwards are NIL Statements (having ALL challans with amount=0)

NOW HOW TO REGISTER ON TRACES?

Sir/Mam,

We have export sales less 1.91 crore turnover fy 2022-23 , less than 2 crores we can file GSTr9 it is mandatory or not

Please guide it is less than 2 crore if we are not filed GSTR9 any problem.

Thanking you,

As per Companies Act, 2013 a company which is a holding or subsidiary or associate of a company incorporated outside India may be required to follow a different financial year for consolidation of its accounts and may apply to Central Government who may allow any period as Financial year whether or not the period is a year. (From ICAI material)
My questions are:

1) Why will an associate company need to consolidate its FS with another company?
2) Why will the Holding company(Foreign company) in India need to follow a financial for its subsidiary outside India? Doesn't the subsidiary always follow the holding company?
2) What is meant by "any period" is taken as a financial year? Will even few months be taken as a year? If so, can any date be the balance sheet date? If an example of this is provided it will really help me .

Thank you .

Can I do the export invoicing without GST registration ?

If no is there any option to do export invoicing without gst registration ?

Do I have to register for gst for providing services to abroad ?

Should I add advisory charges paid to bank on imports to cost of purchase or should I show it under other expense?

Sir,

March 23 sales of gst shown in april 23 whether this amount will come in table 10 of annual return.

Please suggest