What is exactly meaning of cenvat credit & what is procedure for claiming cenvat credit.

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How to break tally password?

A Company in India has a Net amount payable of Rs. xxx crore to a Related Foreign Party .
1.Now the Indian company wants to convert the above amount from ‘Creditors’ to as ‘loan’ payable to Foreign Party. What are FEMA Procedures for it ??
2.Later the Indian company wants to convert the above amount from ‘Loan’ to as ‘Equity Shares’ to Foreign Party. What are FEMA Procedures for it??

Dear Sir,
I m working in school as an auditor & accountant. School is running by trust.
I want to ask you that income of admission form fees of next financial year treated as income for which year. Income for current financial year or advance admission form fees(current liab.) in current year and than admission fees (indirect income) in next financial year.Please help me out.

I want to get transfer within 1st year of articleship if I submit Form 109 and Form 103 at same time to institute then is it permissible or wait for submission of Form 103 till permission from ICAI?
Kindly solve my problem.

Hi Sir,

Our client is a self-employed person.He's having 4 saving bank accounts, and now he's planning to open savings Account in Central Bank of India.Instead he won't maintain much balance in any one of them,
(@MAX: 1 LAC, AVG: 50,000/-) and he pays tax@ NIL, even he has good income.
Can anyone say me the advantages and dis-advantages of having so many Saving Accounts.
And is it good to open another account now in Central Bank of India??

please somebody tell me what is Bit Coin. what is the method of sale/ purchase of Bit coin and how it is use in business.

I want to Know Whether a Married Daughter may be a Member of Father's HUF? What is Her Position if her Father creates a HUF


S N Trivedi

Can I do my Industrial Training in the unit of a company? That company is approved by ICAI for Industrial Training and the unit is not preparing its own Balance Sheet, rather it gets merged with the Balance sheet of Main company.
Name of Main Co. : Century Textiles & Industries Ltd
Name of Unit : Century Pulp & Paper Mills

CAN FULL TIME EMPLOYEE CA, BECOMES REPRESENTATIVE BEFORE INCOME TAX AUTHORITY OR OTHER DEPT.