can a company net off the commission receivables against the amount payable for imports made and effect the transfer for the net amount?

dear sir/madam,

my query is
mr.A is proprietor of small scale industry , his net worth is more than 25 lacks, but he registered all his assets under company name.
my question is,whether is he need to pay the wealth tax? whether wealth tax is applicable other than individual and HUF? if yes under which section?

Hello Sir,

Please let me know the following terms

FUND

FINANCE

FINANCIAL MANAGEMENT

please distinguish among all the above terms.

Thanks a lot.

Please let me know the situation.

Could AOP Borrow from Financial Institution. Please be specific and give details about case laws or anything.

Thanks in advance.

Hi All.

A foreign investor is investing in Hotel. The hotel has decided to sell gift vouchers to its investors.

What are the FEMA related implications on such sales?

Can you give me the format of Share Certificate. we have to issue share certificates to our members.

Our company engaged a contractor for a particular site bding worth Rs. 2.5 lacs. the contracotr worked above worked with in 3 months. my question is contracots raised the bill in which style. can he raised a bill for Rs. 2.5 lacs or can be raised a bill 0.90 lacs monthely basis in eaqule three bills.

We have a bank guarantee given by our contractor for Rs.7 Crores. The BG is valid for 3 years (up to 31.03.2011). The bank has charged a commission of Rs.22 Lacs in 2008. Now if would like to reduce the BG amount to 5 Crores. I would like to know whether the bank will revise/refund the commission accordingly. Or will they cancell the original BG and consider the new BG as fresh?

i wish to do industrial training. anybody will help me to get the details for industrial training. I completed my PE-II in Nov 2007 and join for articleship in Feb 2008. when i can go for industrial training. what is the procedure for it. My final eaxam due on May 2010.

can anyone explain about wealth tax?