Business Transfer Agreeement
This query is : Resolved
19 December 2008
Dear friends,
I want your suggestion as below.
My company A has signed BTA (Business Transfer Agreement) with company B on 2nd December, 2008. In BTA it is specified that the transfer will be effective from 1st April, 2008.
Up till now we have filled eTDS returns of 2 quarters & made e payments of TDS up to Oct, 2008 month in the name of A. Now our TDS payment for the month of Nov. 2008 (Due date of which is 7th Dec, 2008) is pending to pay.
Now we should pay the Nov. 2008 payment in A or B?
We should file the e return of 3rd quarter in the name of A or B?
Our BTA sign date is 2nd Dec, 2008 so should we file e return of Oct & Nov, 2008 in the name of A & after that in B?
We have to issue form 16/16A from these 2 companies to the same party?
Please suggest.
Thanks,
Jayesh Jagetiya
Dear friends,
I want your suggestion as below.
My company A has signed BTA (Business Transfer Agreement) with company B on 2nd December, 2008. In BTA it is specified that the transfer will be effective from 1st April, 2008.
Up till now we have filled eTDS returns of 2 quarters & made e payments of TDS up to Oct, 2008 month in the name of A. Now our TDS payment for the month of Nov. 2008 (Due date of which is 7th Dec, 2008) is pending to pay.
Now we should pay the Nov. 2008 payment in A or B?
We should file the e return of 3rd quarter in the name of A or B?
Our BTA sign date is 2nd Dec, 2008 so should we file e return of Oct & Nov, 2008 in the name of A & after that in B?
We have to issue form 16/16A from these 2 companies to the same party?
Please suggest.
Thanks,
Jayesh Jagetiya
27 December 2008
Please reply............
07 January 2009
Please reply...
25 June 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- LC charges in relation to Asset purchased should be Capitalised ?
- Annual return in Gst
- Transporter Declaration form
- Regarding TDS Applicability For Director Remuneration
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
