Can any individual do the business of forex trading by taking money from people and investing in Foreign exchange and in return give them interest on such money?

Or there are some restrictions?

Please reply

Hi,
can any one plz tell me how to make entries in tally regarding the following:
1.In case of a commercial brokerage company, when it receives and pays amount for goods or services on behalf of third parties and retains its commission for arranging such buying or selling facility to the parties?
and how should I name those ledgers.
If req, plz mail me at mokshachoudary007@gmail.com
Thanks in advance

If Private Limited Company's Paid up Share capital is Rs. 1,00,000/- is mandatory to prepare Cash Flow Statement ?

Plz...let me the journal entry when shares are issued to promoters of a co. is it : goodwill a/c dr. To eq. sh. cap. a/c

Dear All
I have an query regrading calculation of DTA or DTL. So all the experts are requested to comment on this query because many of CA are confused about that calculation.
Example:
If a company formed on 05.04.2012 and purchased a computer on the dated 10.05.2012 of Rs. 20,000/-. As per the company Act, the amount of Depreciation is Rs.7,145/- and as per income tax, the amount of Depreciation is Rs. 12,000/- at the end of the F.Y. 2012-13.
Now my query as about that whether DTA or DTL is calculated in the first year. if yes, then what about the calculation if company has incurred loss of Rs. 70,000/- in the First year and a profit in the Second Year of Rs. 30,000/-.
Please share your valuable views on this query...........

hi.... 1.depreciation rate should i take as per co.act or it act.... 2.pf deducted from salary and paying the both contribution by single cheque.. in tally what entry should pass plz.. suggest me for the above query....

what do u mean by preliminary expenses ?

use of petty cash book plz clarify

i want to know about entry it return etc?

suppose propriter ship entry and partrnership entyr

as per our auditors advice we have to charge service tax on rent . they have advised to charge service tax on monthly rent - corporation tax for the month. when i tried to enter the same in tally it is not accepting the voucher. Can any one advise me how to enter the voucher.

thanks in advance.
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