A company had acquired a capital asset for 150 Lakhs on 01/01/1995. It transferred the same to its 100% Subsidiary on 10/10/2008.
The 100% Subsidiary sold the same asset on 05/06/2014 for 400 Lakhs.

I want to know the period of holding to be taken for computing of Capital gains in the hand of Subsidiary Company.

We have started our accounts in Tally ERP 9 this year for the first time. We had stock of excise goods with us purchased from various vendors.
We also require to pass on MODVAT as per the invoices in stock.
Please let us know how to enter this excise stock in the new year i.e. this running year.
we are trading firm.
We have to pass on modvat credit to our customers and also maintain the inventory.

A pvt Ltd Company registered in India plans to import goods from a foreign supplier "A" of UAE by making arrangement of funds from other UK based company. What norms of FEMA will applicable to indian company at the time of repayment to UK based company..?

A house owned by a Company has been occupied by its Employee with Annual salary of Less than 10Lacs for initial 6 months and later on let out on rent. Whether wealth Tax is payable on the same?

Hi all
I have a total of 2 years experience in fund accounting and now I have got a job in a reputed organisation for the role support analyst where I need to interact with various teams like equity derivatives and support financial organisations using the company's products supporting financial operations. What is the scope of my job? are there chances that I would get a job in abroad for this role in future?

hello recentyl i hv opend share trading account in religare but there is a big bifurcation sum tym dey r charging brokerage .3paisa sum tym .33 paisa symtym .4 paisa nd recently it is .5 paisa the broker who is placing my order is all the tym sayng ki tak with the concern prsn who has opend ur account
kindly help

Dear Sir
I have recieved a letter from icai, ICAI Says In letter we have been informed by your employer ie you have not been attending his office since a long time and left without intimating.and submitted the reply within 15 days .

But Sir i have deposited the form 109 and form 104 with icai bcz of final year of transfer .
Plz Tell me what should i do

Regards
Rahul Khatter

I registered articles in october13. At the time of registration my principal did not allow me to pursue any course.so i did not file form112. I took termination in august14. My new principal is allowing me to pursue graduation. My father knows degree college who are admitting in regular Bcom in november(late admission)with special consideration for
14-17 batch. Can i file form112 from 30days of admission to course in november?? Generally admission for regular candidates will be made in july,august month.in my case it is november. Will institute bother that point and levy of penalty from july to november?? Please help me

Dear Sir
I was deposited the form 104 to icai on 21 st october . how much time it wil take to process or is there any online procedure to check this status with icai

To download admit card for exam or for seeing results it is asking pin along with SRO number. If any one forgot pin. Is there any way to get it back.

Thanks in advance