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Mili Dey
This Query has 3 replies

This Query has 3 replies

04 March 2015 at 15:33

Fema

CAN A RESIDENT RECEIVE "GIFT" AS CASH FROM CLOSE RELATIVE WHO IS A NRI UNDER FEMA?IF YES HOW MUCH? AND UNDER WHICH SECTION OF FEMA?


yash shah
This Query has 1 replies

This Query has 1 replies

hi friends, if my costing books shows closing stock of finish goods of rupees 40000 and my financial book shows closing stock of rupees 60000...is my closing stock overvalued by rupees 20000? what's the logic behind that if reconciling the profit as per cost record with the profit as per financial records.


prasad
This Query has 1 replies

This Query has 1 replies

03 March 2015 at 10:58

Closure of charitable trust

Sir,
Please let me know the the process for closure of Charitable Trust in Chennai.our reason for closure is that we not able to get any donations. Who Should be informed about the closure?Is there any particular form to be submitted before the concerned authority.



Anonymous
This Query has 2 replies

This Query has 2 replies

03 March 2015 at 10:05

Banking sector

what is included in "Payment to and provisions of employees" of schedule 16 operating expenses in a banking company?


PINKESH SHAH
This Query has 1 replies

This Query has 1 replies

02 March 2015 at 18:53

Tds interest

hello sir
i filed tds return for q-3 for the f.y 2014-15 and due to short deduction i receive intimation from tds department now i want to revise it but problem is their how to calculate interest on amount and for which period i want to do payment this week.


Tejas Dhami
This Query has 1 replies

This Query has 1 replies

Dear Sir,
The Union Budget 2015 was presented on 28.02.15.
When would be the date on which such changes as proposed in the budget would become applicable?
I am of the opinion that it would be applicable from 01.04.2015. The Budget would also be passed at the Rajya Sabha first.
Please comment and help.
Regards


J DAMODARAN
This Query has 1 replies

This Query has 1 replies

02 March 2015 at 12:28

Company formation

Dear Sir,
In Form INC -7. What would be the Division Code for Research and Development, Manufacturing and Trading of Medical Equipments,



Anonymous
This Query has 1 replies

This Query has 1 replies

02 March 2015 at 01:25

Swachh bharat cess

how is Swachh Bharat Cess is charged and what is the use of this cess, already wehaving education cessm higher education cess, and there will be more burden on the people, and why they decrease corporatetax.insteadof decreasing corporate tax, govt can levy extra tax 2% on corporate , so govt is favorable to corporates,


sandeep
This Query has 3 replies

This Query has 3 replies

Dear sir,
I m getting monthly salary in Rs 13500/- in cash but no deduction are been made and asked my manager for Pf & ESIC .He said that there is no such rule in LTD Co.

Please help me out on this matter


PARAS
This Query has 1 replies

This Query has 1 replies

Dear Experts and Friends,
My name is Paras Kurele with Regn. no. CRO033285 in central region, I am presently registered for articleship training in Central region and I decided to join Industrial training in Steel Authority of India Limited, Asansol, West Bengal, Eastern Region because it is a one of the 9 Maharatna companies in India and my brother also live in that city. I asked Kanpur office about my working and they said that I have to submit form 109 for termination and form 104 for joining Industrial training after two years of articleship completion viz 24-03-2015 but as a matter of fact, Form 104 can not be completed without signature of a CA who is eligible for having an Industrial trainee under him in a recognised company and the company (SAIL) told me that they will not sign any form unless they receive a recommendation letter for the student from the local ICAI viz ICAI, Asansol. And when I asked to company to make an Offer letter instead for the training then they said that it is usual practice of the company to accept only those Industrial training applications which are recommended by ICAI, Asansol and in any way they will not sign Form 104 even if they gets a direct written letter from ICAI, Kanpur about that. Then I arrived at Asansol branch of ICAI and asked them to make a recommendation letter to the company (SAIL) and they answered me that they can not recommend me because I am registered in a different region and they do not have my database.

So they told me that they will not make that letter unless they receive a recommendation letter from ICAI, Kanpur or I gets my final registration transferred to ICAI, Asansol from the Kanpur office. After that I've gone to Kanpur branch of ICAI and asked them to make recommendation letter to ICAI, Asansol and they answered me that do not make any kind of recommendation and they have never made even a single recommendation so far.

So, In nutshell, when I go to company for having consent on signing on Form 104 they sends me to Asansol branch of ICAI for recommendation and when I approach to ICAI, Asansol they send me to ICAI, Kanpur and when I go to ICAI kanpur they says that it is not as per rules of the Institute and they do not send any kind of recommendation which leaves me helpless.

Now tell me my respected Experts and dear friends that what can I do next since it is clear that I have caught between this dramatic kind of situation of two different regions of ICAI and a Maharatna company.

Please guide me what to do in order to undergo Industrial Training in SAIL.






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