Hi All
I got reference of one of the foreign companies who is in forex trading. If we deposit certain amount with them then after 30 days they are giving return of about $40000. For this one needs to route the transaction of deposit of funds & withdrawls of profit through Liberty Reserve account.
So I have following queries-
1)How safe Liberty reserve account is?
2)If I transfer $40000 from my LR account to Bank account it will be around INR 18,00,000 So whether my Bank will ask explanation for such deposit in my account & If I am ready to pay tax on it, will I face any problem. Will there be any problem from Bank?
3) Is such transaction allowed under Indian Laws? Will there be any violation of Indian Law?
4) Will this profit be treated as income from other sources? I am a salaried employee...

WHAT IS DERIVATIVE ?

Sir, I am In CA Final and doing B.com Final also , i want to take the registration in CS Inter . can i register before 28 th feb and eligible for Dec 2011 ,
please give me valuable guidance

please forward your answer on my mail id.

mohithagrawal@gmail.com
because i dont know where the answer updated ..

first attempt made in may 2010.how many attempts i can appear.

my name on result published on icai website contain wrong spelling of name. I want to know that DMC issued by examination department will be contain wrong name or correct? if wrong then what is the procedure to rectify it?

Can anyone let you know what is Orientation Programme ? Do we need to bring Certificates (or Copies of them) and resume for attending orientation programme?

hi, I want to know that CA final results will be declared on region basis?

sir.......i cleard ipcc 1st grp...i want to ask u is how many leaves are allowed in aricleship period (in 3 yrs) as per ICAI. and leave taken for ipcc 2nd grp exam will b counted in those leave period...pls reply

can any body suggest me that what kind of valuation of Shares to be follwed in filing FC GPR in the case of Unlisted closely held company which is under Developement stage.No Imediate Cash Flows near future.Plerase suggest me how to arrive Share Price Under DFCF Method.

Hello friends,

I am appearing for CA final after a break of 2 years. I will be having 1 month leave inclusive of exam days. My more focus is on group-2 and group-1 (Law)

1. Which book shall i refer for Law, Indirect taxes and MICS?

2. Just referring to past 5 years suggested and RTP will be suffice?

3. Also I need the latest notes on Costing, Accounts, FM & Direct taxes. Is there any1 from bombay who can provide me the notes of new syllabus? I can take the xerox immediately. Request you to drop me a mail on itsrajen@hotmail.com

Thanks