One of our parner is having IEC code. can we use this IEC to import goods for our patnership firm ? or can we modify the registration details and convert the same for partnership firm ?

pls, guide us.

I received Rs 9500/- agent commission from LIC in last year 2011-12. Can Tds is deductable from my agent commission ?

Can any one have idea regarding the procedure to set off my payables against import against the export to same party

Dear All,

What is Letter of Credit?
How the procedure is Done?

I had few queries regarding change in partnership firm name:
1) Does change in name of CA firm have any affect on the number of years the firm has been in existence. Will seniority of the firm be affected for all purposes like empanelment etc?
2) Does change in name requires for change in Firm Reg No?

One person who is originally the citizen of India has now got the citizenship of USA and going to settle there forever.

He has sold his agricultural Land in India, the gain of which is not taxable as the agricultural land in india is not capital asset.

The only question in this case is - Whether that person can repatriate such sales proceeds to outside India? How?

We have a company in Bangalore, which is registered for Profession Tax. In April 2012, we started a branch in Kochi. Is it necessary to register for PT in Kochi also. We may mention that all the employees are in rolls of the Bangalore Head office. Please let us know, if we are required o register in Kochi also?

Thanks in advance

Hi,

Could some one help me in understanding whether a book on "Losses" - all of its kinds like Capital Gains, Specualtion Losses, Set-offs and carry forwards etc..will be useful for practitioners? Would there be many takers?

Bill Date :- 27/03/2012 (100000)
Bill Payment :- 10/04/2012 (99000)
TDS Pay online :- 20/04/2012 (Amount + 1% Intrest)(1000+100)

Its due in financial year 2011-12

is it right??

I am a newly qualified as CA applied for membership & Cop Two months before but i have
received the acknowldgement, but not yet recived the hard copy certificate of practice but in CA institute website i got membership No.& my employment status as a full time practice, by using this am i eligible to Practice as a CA