What is mortgage and how it differ from hypothecation? How is hypothecation differ from pledge?
As per [MOF (DEA) Notification No GSR 585 (E) dated 25.7.2003], NRIs cant invest in PPF, provided that if a resident who subsequently becomes Non Resident Indian during the currency of the maturity period prescribed under Public Provident Fund Scheme, may continue to subscribe to the Fund till its maturity on a Non Repatriation Basis.
Query:
Does the term "maturity" above include the block of five years allowed for extention by the rules, beyond the initial stipulated period of fifteen years? This has not been clarified in the rules. Or, is it necessary to withdraw the amount already invested in PPF, after the passage of the fifteen years? Also, please site case law, if any, to support the arguement. I get to read both versions (some say extention is not allowed in such cases and some say that as the law is silent, we can continue being invested)on the internet. Kindly clarify
Thanks and Regards
Dear All:
I am a practicing CA having sole proprietorship in my name. I want to become a sole proprietor of "XYZ Financial Services" which will accept the outsourced accounting work from outside INDIA say UK. Being a practicing CA, can I become sole proprietor under two different trade names.
SHILPA
It is necessary to start practice for CWA before appearing for CWA final exam under new course.
If is it so, no CA student can pass CWA final as he is already undergoing CA article ship and hence he can not join the CWA article.
I am confuse
Provide me explanation
Regards……………..!
A reastaurant purchases cold drinks and is given incentive/discount by the supplier for 2 years. According to the deal a sum of amount 12,000 will be released in the first year and the othere sum of amount 12,000 will be released in the second year once the target is achieved. Please suggest entry for this transaction.
1.What would be the tally entry in the first year and 2nd year.
2.Is incentive/discount given by supplier considered as indirect income if not, then what it should be considered under.
3. Should it be considered as incentive received or discount received,while opening an ledger a/c.
hello everybody! Please suggest the best books for General and commercial law, tax laws, company law, economic and labour laws and securities law and complainces.
I had obtained an exemption in a paper (paper 19, for ICWA final stage-4 exams (revised syllabus 2002).
When i checked my results in the December 2008 exams, rresults for the same paper was identified as "Absent", though it was exempted earlier.
How do i get the same clarified / cleared from ICWA authority?
Please help.
Sir,
In an school organisation wether it is necessary to pay FBT.....?
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Exemption