I would like to know in what situation an Indian company will be allowed to raise invoice in foreign currency on indian company for the work done in India.

In one of the case we have come accross , where client was say in Australia for which work was done in India by ABC co. in SEZ offshore location , part of this work was further outsourced to local Indian Vendor XYZ & co. & XYZ was allowed to raise invoice in AUD on ABC, not clear why this should be allowed at the first place?

This is regarding a Public Trust, registered in Mumbai in the year 1973 under the Societies Registration Act, 1860 and under the Bombay Public Trusts Act, 1950. The Memorandum of Association and Rules and Regulations of the Trust inter-alia provides provision for Life Trustees. The Life Trustees are not eligible for the post of any Office-bearer. Para 42 ibid provides for amendments. It also contains a Resolution of the Special General Body confirming the Life Trustees.
The Memorandum of Association and Rules and Regulation, 2009 adopted in a Special General Body on 22.03.2009 and promptly submitted to the Charity Commissioner for approval is, however, not approved by him, as yet. The same provides for Permanent Life Trustee in the following Paragraphs:
1) 1.c - The Managing Trustees means the members of the Board of Trustees ………including the living Permanent Life Trustee viz.,………
2) 2.A – The only Permanent Life Trustee to-day is Mr.……….
3) 11 – The Board of Trustees shall be a body of maximum 22 Members besides one Permanent Life Trustee , out of whom 16 shall be elected ………..
4) 41 – Any amendment to these Rules and Regulations can be made only by a Special Resolution passed with two-third majority by the members …………… Thereafter, a Resolution confirming the name of the Permanent Life Trustee is appended to the Rules and Regulations.
You are requested to enlighten on the following:
a) Will it be in order to assume that the delay/non-approval by the Regulatory Authority tantamount to deemed approval of the aforesaid modified ‘ Memorandum of Association and Rules and Regulations, 2009’?
b) Assuming that merely filing of modification tantamount to deemed approval, would it be in order for the Trust to pass a resolution by the Special General Body to add one more Permanent Life Trustee? Or is it necessary for the Trust to submit the requisite form to the Regulatory Authority after getting a suitable resolution passed at a Special General Body to add one more person as Permanent Life Trustee/modify the proviso for Permanent Life Trustee?

Your early reply would be of immense help to us

What is the requirment of CPE hours for the CA who is not holding Certificate of Practice ? it there any exemption from CPE hours in the first year of membership ? and if yes, from when first year will be calculated ?

I have cleared IPCC. My due date for CA final is nov, 2014... Now i am confused whether to register for ca final course this year or next year... coz next year i will get fresh updated books

Dear Sir/Madam,
With reference to Direct entry in CA,we would like to know that graduate students who are registered in CPT and have appeared in exam but didn't pass somehow, can take direct admission in CA, as per current rules?

Please explain in detail if it is possible.

PLEASE REPLY.

THANKING YOU.

Sir,
My name is Chetan Verma.. I want Project Report for Bank loan of a Flour mill machine manufacturing unit... Please Help me...

Is it compulsory to attest the examination form by the ca under whom the articleship is continued

Dear Sir,

Can any tell me what are the checklist/procedure for remittance of Money out side India By the Company (RBI compliance's).

Dear Expert,
One of my client want to import rice mill machines from China and sell them across india. What is the procedure to obtain import licence and where to apply for that nearby Delhi. My client is an individual proprietor.
Please advise me.

Hello experts

i have issued a cheque to icai of rs 2000 to apply for membership but the cheque is shown as return due to sign not matching and i have not yet received any communication from icai abt it.kindly tell me what should i do now to solve the matter and get membership .