Can Indian Compnay net off account payable againsr account receivables?

For eg. India raised Invoice of USD 100 as receivable on US and US raised invoice on India as payable of USD 75, can US pay only USD 25.

If no, than what in law that prevents this net off.

Please reply asap.

plz tell me best book or notes for strategic management for ipcc.
if u hv,pls send attachment on my mail id-rohitmshr8@gmail.com

can anybody tell me the fees structure and the forms required to incorporate a llp(limited liability partnership).

Dear all,
In a company there are 120 employees among them 5 employees don't want PF. is it possible to make like that? if yes under which provision/section..............

hi.........
plz tl me if i do industrial training in finance under construction comp. what type of work they teach me????????
is they teach me all that what i had learnt in my financial management of PCC level???????????

I hereby request every one who know
that what are the financial requirements(ratios) for a bank to sanction a business loan

kindly

answer my query

Hello Friends,
Some one suggest me how to convert a number(eg. 999)into words (eg. Nine hundred and ninty nine) in Excel. Is there any function for that.

Hi,

Please let me know the following with regards to uniform and qualification allownace which are tax free.

- Does an employee need to submit any bills/documents for claiming the allowance?
- Are the above allowance applicable to any industry or only specific industry?

we are from engineering industry and have majority employees who are engineers. Does this allowance apply to them as well.

Please help asap.

Dear All,

My Qs. is as follows:-
A is a pvt. ltd company and is a promoter of C, a listed company.
A's holding in C is 56.19% in equity shares and 40.65% in pref shares.

A, now again acquires pref shares of C (of 18.536%) from B, a pvt ltd company, from whom it has earlier taken pref shares of 40.65%.

What is the procedure to be followed in SAST & Insider Trading? What are the forms to be filled with stock exchange??

Thanking U all in advance

Can a NRI transfer funds in indian rupees to his NRE account and that funds will be further transferred to the companys capital account as share application money. If yes, whether any intimation to rbi of the receipt of funds in INR towards capital is required??