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Question & Answer


A

Abhishek

30 Jan 2019

I am an individual and would like to start selling of hawan samgri business. if i register GSTN, whats monthly fees to pay if i not use GSTN number and whats limit in it. if its not use in future how can i surrender GSTN ? is it any harm if i register GSTN and not use it.

Replies (1)                          

CA Pushkar Wadodkar       18 Feb 2019

Hello,
Greetings!
You can contact me at capwadodkar@gmail.com for resolving your query.

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P

Preeti

29 Jan 2019

My first audit and rock filing was done by my 1st appointed Auditor as our company is a startup we didn't know the rules and regulations and our 1st auditor was not perfect we did our second audit from a senior auditor but he didn't but we were not informed about the regisnation and appoint process and now we r unable to do the AOC 4 filing plz advice the solution

Replies (2)                          

CA Urvi Gandhi       29 Jan 2019

Hi Preeti,
You need to do submit resignation of 1st auditor and file ADT 3. Post that, you need to appoint new auditor by passing special resolution.
You can call me on 9967694668/urvi@fintaxconsulting.in

CA Anuj Kumar       30 Jan 2019

Hi Preeti,

You need to file resignation for previous auditor by using ADT-3 form available from ROC. You also need to file form ADT-1 by passing a special resolution in EGM for appointment of new auditor.
We are providing all the services. You can call me on 9810830402 or mail me on anujjain.jkjs@gmail.com

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P

Puneet Srivastava

28 Jan 2019

I have revised my incometax return after receiving notic unser section 143(1)a. How i will come to know whether the response is accrpted or not

Replies (1)                          

CA Urvi Gandhi       29 Jan 2019

You can check on Income Tax Website. After login, click on view returns, you will be able to see if it's processed

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A

Ahmed

28 Jan 2019

Hi,

I am a freelancer and my annual income is 30 lacs. My expense is around 5 lacs for the financial year. I will file the income tax return using Presumptive tax option - 44ADA. Since the Presumptive tax is calculated on 50% of turnover. In my case 50% is 15 lacs but my actual expense (5 lacs) is much below that. Do i need to withdraw 10 lacs cash from account to reflect 50% as expense? I am asking this because there is a line in section 44ADA that says that taxpayer can show income more than 50% and pay tax on that.

Regards,
Ahmed

Replies (1)                          

CA Naman Maloo       1 May 2019

Very true you have correct understanding of the provision and so it would be better either you show correct income or withdraw some amount.
If you need any other help or consultation you can contact me at canamanmaloo@gmail.com

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P

Pranam Ghagare

27 Jan 2019

I have a LUT submitted for my GST.
I own a e-commerce store which does not advertise in front pf indians nor does it sells the products to indians.
As i have LUT now should i fill a nill return every month?

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