Dear sir,
Our company have to pay to his sister concern at Germany in EURO for purchase of machinery and we have to receive commission in EURO.
Can we pay net i.e. after adjusting receivable with payable. If yes any intimation is required to any government agencies.

My friend who is a salaried person with Mutual Fund dealings is in need of a package which combines accounting for the individual alongwith ITR.The source of input would be the Bank Statements and the reports required would be Balance-sheet,Capital A/c,Receipts & Payments statement,Computation of taxable income and any other reports that an ITO would typically demand during a scrutiny assessment.Is there any such package?Is it freely downloadable?If not,what would be the cost?From where can he procure the same?[Note:He is not a Commerce graduate and hence would require a simple and user-friendly software].Many thanks for a prompt response and help.

Is practical training of 3 years compulsory in ICWA course?if yes ,Can i do it after completeion of CWA finals?Wat are the consequences of not doin it..As am doin CA articleship i wont be able to undergo practical training in CWA...
pls help.
Regards ,
Manazir.

i m PCC student. basically my strategy in theroy subjects r reading answer 3 to 4 times and understanding the concept not very nicely but like k. actually i cant mug up things or remember it properly so my strategy is that reading the subject atleast 2 to 3 times.
so could anybody tell me that is it a right strategy or whether i should change it and for that what should i do.RIght now i m tensed the way i do my theory subjects. i fear that what would i do in exams.
so please somebody help me and atleast there should be more than 2 to 3 reply

hello everyone
My query is regarding clubbing provisions under wealth tax act.
my question is:-
Suppose a husband transfers gold to his wife without adequate consideration and his wife pledges gold and purchases motor car from such loan.It is clear that gold will be clubbed with the assets of husband and motor car will be included in the assets of wife.But what about deduction of this loan?
As per my understanding i think this loan will also be considered as debt for husband but it cannot be deducted from his wealth as debt is taken for purchasing motor car which is not included in the net wealth of husband.(as per wordings of section 2(m) that debts to be deducted for debts incurred in relation to the assets included in net weath).
please suggest me treatment of the debt in this case)

what is definition of nationalised bank, schedule bank,public sector bank & private sector bank & what difference between above.

I need Format of Dissolution of partnership deed where one partner take over all assets and liabilities of the firm.

Thanx in advance

Hello,
In corporate so many cases i found that the company hire a housekeeper,sweeper,gardner etc.for maintainance of office but that employee company not shows in a payroll/musteroll which result company avoid P.F @ ESI liability and show that employee some time in office expenses and some time in Repair & Maint..Please advice me in light of above cases.and consequences of the above case.

One of my friend had unergo Articleship duting July 1995 to July 1998 but he didnt clear CA Enter.

Can he get the exemption from Articleship if he join for CA course now? If yes, what is the process?

Right now he is am working for MNC firm as an Executive in Accounts Dept and have overall 10 year of experience in accounting filed.

preferred books for costing and s.m. 4 CA PCC