Respected Members',

When and why a revenue stamp should be used while making a payment? Is it when payment exceeds Rs 5000/- or any other case? I saw that that stamp is being used in the money receipt while making a payment, but don't know why it is used and when it is used.

Please suggest....

Dear All,

Please tell me whether a practicing CA who is also a CS ,appointed as an auditor of a company for the f.y 2011-12 can issue a compliance certificate??The company does not required a full time CS.

only registered charges can be collected by liquidator for liquidation purpose ?

is only registered charges can be collected by liquidator for liquidation purpose ?

Can some one working in a particular industry become a director of a company in the same sector?

eg:an individual working in a tour company. Can he become a director in another tour company?

If an offer or invitation is not calculated to results, directly or indirectly, in shares or debentures becoming available for subscription to person other than those receiving the offer or invitation. Can anybody explain me this in simple language ?

Dear Experts,
My NRI client has got some amount in his NRE S. B. A/c. which he now wishes to convert the same in to Fixed Deposit and for the purpose the bank has asked him to get a certificate from a Chartered Accountant.
When I asked the banker to clarify the matter, banker said that it is in connection with the repatriation and a CA has to certify that the fund is from the NRE A/c. Only.
Please clarify which certificate has to be given is there any particular form under any rules under which CA has to certify for such a transaction.
Please clarify at the earliest it's urgent

Hi i am a ca final student and wanted help in law and audit.Which book should i refer to get expertise knowlegde of this subjects and to get the concepts clear.Please do give your suggestions.

1. One of my client want to add two new additional director, then what is whole procedure.

2. And he also want to change his registered office address.

3. and he also want to increase authorized and paid up capital.

so please advice me about whole process

1. "A/c payee" crossed cheque can be endorsed further or not????
1. "Not negotiable" crossed cheque can be endorsed further or not????