I am asking this query on behalf of my Friend
"We are an Audit Firm. We got a new client wherein they've asked us to represent the Assessment which is in the middle of the Finalization.

Whether we should get NOC (No Objection Certificate) from Old Auditor."

What is the mean of appoijtment of nominee director u/s 408 to end the oppression or mismanagement?

does amount borrowed from bank for vehicle loan 4 wheeler be called as term loan

Client has taken loan of Rs. 5350000 from the Director.
The loan is received through two cheques on the same day.One amounts to Rs.5000000 and the other of Rs.35000?
What could be the reason for this? Is this being done to hide the violation of some provision of the Act?

how to view and print genrated xml file

Dear Sir / Madam,
We are having leading RMC plants through out India.Can you briefly explain the applicability of Cost Audit to our plants. I think filing of Cost Compliance Report is sufficient. Kindly explain.

suppose an employee having salary of 30000/- pm is present for only 3 days and salary payable to him is 3000/-(say)

is pt of rs 200 to be deducted in this situation
is pt liability determined of gross salary or salary paid to the employee

PLEASE SUGGEST WHETHER A PRIVATE LIMITED COMPANY ACCEPTS LOAN FROM A PUBLIC COMPANY.
THERE IS A CASE WHERE A PRIVATE LIMITED COMPANY TAKES RS.26,50,000.00 FROM A LIMITED COMPANY AND SHOWS IT AS A SUNDRY CREDITORS IN WHICH NO TRANSACTIONS IN THIS NATURE WERE TAKING PLACE. IS IT PERMISSIBLE OR NOT.
WHAT IS ITS TREATMENT.
PLEASE, RESOLVE IT IT IS URGENT.

MY QUERY IS ONE OF MY UNLISTED LIMITED COMPANY NOT FALL IN LEVEL ONE CATEGORY, PL. TELL ME THAT AS-3 WILL BE APPLICABLE OR NOT

1. How to deal with opening credit balance in cash - by introducting the same as capital?
2. Vat- Can vat payable be adjusted against the initial deposit of Rs 25000

3. Can revised return be filed for 2nd time under the same section.