R
Ravu
I have failed to complete my DIN KYC through MCA. What are ways to complete and minimum charges?
Government charges is 5000/-
You can book a service with Finaco to get it done
R
Ravu
I m looking to start a website for selling pottery online. What kind of business registration and other registrations are required before starting
Business registration depends on the type of legal entity you want to form (Pvt Ltd, LLP, Proprietorship etc), Apart from that GST, Trademark, State level registrations may be required
T&C applyY
Yuvraj
What about Goods Not listed in RCM in GST, I buy FLY ASH from unregistered dealer, Does it attract RCM? If yes can we claim it?
Goods not listed in RCM if procured from Unregistered Dealer there would be no GST until 30.09.2019
T&C applyS
Saurabh Bhatia
I intend to become an NRI for financial benefits. I know the definition of NRI as per the IT AND Fema but it's not clear. Text book says; Be out of the country for 182 odd days in a financial year OR CAN be in of the country for 60 days only and proceeding 4 years should have not been in india for a total of more than 360 days. Now, what does this really mean? For example; If I go to another country from 1st Apil to 1st Nov 2019 does that mean I am an NRI for FY 2019-2020? Does it mean if I start a company in the middle East and transfer some funds from the middle east company on 1st April 2020 to India to my account, it will not be taxable? Please guide.
1) The definition you are mentioning is for deciding the residential status of an Individual as per the IT act
2) Any of the two conditions if met you will be a treated as a resident
3) In your example you will be resident under the second criteria of 60 days in India and 365 days in last 4 FY's
4) The tax ability of funds when you transfer from other country is not straight forward it depends on other factors like the DTAA treaty of that country with India also
M
Mithun
The CA firm who incorporated my company did not file (resubmit) INC22 after it was rejected. I was not aware of it. Now i am told i have to pay penalty of 2 lakhs (1 lakh - company, 1 lakh - director). What should i do
It might be that the company is incorporated using SPICE: Simplified Proforma for Incorporating Company Electronically
If that is the case Inc 22 is not required.
Do let know the date of incorporation