Dear Learned Members, please help me in the following issue:
We would like to incorporate a Pvt. Ltd. company in India and one of the Directors who is a Shareholder as well is a NRI, I want to know to what extent (%) he can invest in the company (share capital being Rs.1 lac)and if any FDI norms apply. Thanks in advance for the advise.

Threshold limit for issuing From 15 CB is
Rs. 50000 per remittance OR
Rs. 250000 in a year.
My doubt is- whether the above mentioned Rs. 250000 is total remittance made to one foreign party in a year or all the remittance to various parties taken together in a year?

Hi,

We are an EPC contactor to EPCG license holder.
Now if we import any component/input for the capital goods to be manufactured indigenously without Invalidation letter/ARO by paying custom duty,
is there any way to recover/claim for refund in case EPCG holder doesn't issue us invalidation letter/ARO?

DEAR SIR,
IN AUGUST 2013 WE SELL GOODS OUTSIDE DELHI TO REGISTERED DEALER. AND WE CHARGE 2% OF CST.
WE PAY CST ON-LINE IN SEPTEMBER 2013. THE PARTY MAKES THE PAYMENT BUT IN APRIL 2014 WHEN WE ASK FOR C-FORM THEY REGRET THAT WE DON'T ISSUE C-FORM.AFTER KNOW ABOUT THAT WE PAY CST @12.5% IN JULY 2014 AND ALSO INTEREST ON SUCH CST IN AUGUST 2014.

PLEASE TELL ME WHETHER WE HAVE TO REVISE OUR RETURN.

HI... please tell me which book should i refer for indirect tax for june 15 attempt icwa..

Dear Sir,

With due respect & heartly request to you to say that my articleship was completed on 23-03-2015, but due to unavoidable reason I have to submit form 108 after 3 months on 15-06-2015 from due date since what formalities i have to follow please tell me.....

Sir, can i take my transfer of articleship from mumbai(parents stay at odisha) to odisha(my home town) as my financial condition is not good.
Is this a valid reason?? Will institute will approve transfer??..please reply sir ..its very urgent..

What is buyers credit and how it works to finance business needs. Also what are compliances regarding this from audit point of view.

sir,
my father is a pensioner drawing monthly pension of RS 9000. he has some fixed deposit and earns interestRS7500monthly.the
source of the fixed deposit was PF amt.
my query is wheather interest amt. will be
added to pension amt. for computation of total income or not.
If interest income is to be added,then is there any way to avoid this?
Actually,i am a bank employee and my bank has fixed total monthly income of RS 10000 per month for parents to be dependent on me. I want to include my parents as dependent on me for the purpose of LFC ,medical etc.
threfore you are requested to kindly clear
my doubts and suggest me what to do?

thanking you
sanjay kumar

I want to convert a Proprietorship into a Partnership firm which means the business has to be transferred and I want to convert i.e. carry forward the same VAT Registration into Partnership. Please show me a specimen sample Partnership Deed for the same.