Sir/Madam

I would like to know, in case of a trademark licensing agreement between an indian company and foreign company, for the payment of royalty as per the rbi circular (RBI/2009-10/465 A. P. (DIR Series) Circular No. 52)it can be done for how much ever amount without the approval of rbi through authorised dealer banks. For the tax purposes the company has to comply with the procedure detailed in CBDT Circular No. 4/2009 dated 29 June 2009, by filling form 15 ca & form 15cb. My query is if the agreement between the companies are quarterly payment of royalty and the indian company makes default in payment for the last two quarters. in the next financial company wishes to make the back payments and the fresh payments. what will be the accounting treatment for the back payments made? will it be accounted in the current financial year?

Please someone answer my query at the earliest as it would be really helpful for me.

WHAT DO MEAN "Mutation extract"
is this word used in agreement of purchaing /sale property

I bought a property
I bought a property
I bought a property

hi,
our company want to receive foreign funds from its parent company for working capital requirements and for 6 to 12months only. can any one guide me how can we raise this funds.

we have knowledge of:
1. under FDI policy the funds can be raised by issuing equity shares/ preference/debentures. (company dont want to issue any of these)

2. it does not fall under ECB guidelines, since funds can not be raised for working capital requirements.

3. it does not fall under trade credits since it is not trade transaction for imports.

apart from above 3options can any expert have other options.

pls reply as it is urgent
thanks

Hello
I have a query in the interpretatation of defination of 'Person Resident in India u/s. 2(v) of FEMA Act 1999.
According to the defination the status of the person is decided as per its stay in india during precceding year. But defination also states that if person who goes out of India for particular 3 puposes are not called residents . Similarly if some peson comes to india for purposes other than specified in defination are also not called resident.
Now my doubt is whether the person the exclusions given in the defination are also to be checked for previous year or these exclusion are to be checked for current year.

Dear All,

Please explain the followings terms and what is the major difference in these.

1.RULES
2.REGULATIONS
3.NOTIFICATION
4.CIRCULAR
5.AMENDMENT

6.PROVISION
7.PROVISO

And which of these is the part of BARE ACT

can a proprietorship in father's name be transfered (registered) to one of the son's name on health grounds?

sir , whether a director or managing director be removed by his office by BOARD OF DIRECTORS?

introduction of new partner and reduction in share of existing partner. what should be done. can we make fresh deed or supplement deed. please provide draft copy

I want to know about the limit of 10000 is given in Sec314 for office or place of profit for specified parsons... IS THERE ANY AMMENDMENT IN IT FOR MAY 2012