Hello everyone,
Can I avail Input Tax Credit on Business assets purchased on Hire purchase basis?
Hello all,
Whether purchases made by Embassies or UN are taxed or exempted?
Dear all,
Can Indian residential buy shares of Indian companies from a Chinese personal. In view of the press note 4/2020.
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ??
contribution
under
purchased
goods
treatment
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ??
contribution
under
purchased
goods
treatment
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
Purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ?
contribution
under
purchased
goods
treatment
Dear Professionals,
One of the director of Private limited Company was purchased the land in the name of Private Limited Company in 2006, without the board approval or intimation.
Is this any violation under companies act 1956?
Dear Members,
We have planned to distribute educational equipment to underprivileged students studying in various levels.
The equipment purchase including GST ?
How do we treat the CST Contribution for Compliance ?
1. Purchase materials including GST and should not claim GST input
Ex:- CST Contribution is Rs. 1 Lakh
purchase material worth Rs. 1 Lakh (including GST 18,000/-)
or
2. Purchase the materials to the extent of Rs. 1 Lakh and pay GST 18% GST and total payout Rs. 1,18,000/-
Payout Rs. 1,18,000/- and claim 18,000/- the input tax credit ?
Which is the best practice of compliance ??
Dear Professionals,
One of the director of Private limited Company was purchased the land in the name of Private Limited Company in 2006, without the board approval or intimation.
Is this any violation under companies act 1956?.
Dear Friends,
Need Help.
We being a private limited company are continually purchasing material and Capital Assets from our Holding company (99.99% shareholding) at arm's length price.
Do we need to seek any prior approval from Shareholder's by way of Special Resolution at the beginning of the year??
Or Board's Approval will be ok??
Dear members
We required Mumbai based company preferably construction object, for purchase kindly update if any available.
Dear All,
A party is willing to acquire through NCLT a company with accumulated depreciation loss of ?40 to ?60 crores.
They are expecting a capital gain of ? 37 crores in April 2021, for which they need to acquire such company ASAP and merge their company with it.
Even defunct company with accumulated depreciation loss over ?40 crores will also do.
Deal size can be maximum upto ?100 crores.
Anyone please let me know, if there's any company to offer.
