Principal transferred goods to agent for Rs 10lakhs. Agent issued F form for Rs 10 lakhs.
Subsequently principal reduced the price of goods covered by the above mentioned F form and communicated to the agent through a letter. Can agent issue another F form for the price difference. If not can you suggest me a method to solve this issue.

NB:- The agent is to sell the goods at a price intimated by the principal from time to time.

Watwill be thevimpact of ammendments in the Indian PF Act with respect to the international workers ?

Can a partnership firm be a partner in another partnership firm.
say A&B Firm has 2 patners - A & B. Now can this A&B firm hold substantial interest (say 90% etc)in another firm like C&D Firm?

What is the difference between NRO A/c and NRE A/c?From which a/c amount must be transfered to PIS A/c for investment in Mutual Funds and Shares and to which a/c Foreign Remittence recd must be credited?

Hello Sir,
My ouestion is In a private limited company it is discoverd that there are in fact 54 members on an enquiry it is ascertained that 6 of such members have been employees of the company in the recent past and that they acquired their shares while they were still employees of the company. Is it necessary to convert the company into public limited company?

a)
Can a CA Firm on its name have a demat a/c and acquire shares of any listed company through open market purchase & oppen offer.

b)
Can a CA Firm be a stake-holder in a Pvt. Ltd Co.

Hi,

Is possible for a person to be a partner in a partnership firm without actually taking part in Profit sharing ratio.

If no Deloitte has 8500 people as partner. How can as many people be partners.

(a) - i think only managing partner is eligible for remuneration in partnership firm for salary as per IT act. what r the consequences if other partners also draw remuneration - is it is not given any deduction as an expense in P&L a/c, if so then is it tax free in the hands of partners.
Can partnership deed authorise salary payment to partners who are not managing partners.

(b) can a firm have multiple managing partners.

Is it possible for a partnership firm to have PSR like this
say 3 partners:
A - 30%
B - 30%
C - 30%
Reserves & Surplus a/c - 10%

Res & Surpls a/c to be distributed equally among the partners or as mutually agreed upon by them at any time or at the time of distribution

Sir,
I want to know if there is any provision by which accounting period as per Companies act and as per Income tax Act can differ, if yes then please suggest under which section of companies Act.