Dear sirs
is it possible for a resident in india to invest in & doing business outside india as per FEMA? is any conditions or restrictions for it kindly help me

Hello !!

One of my client is dealing with software business and they frequently go outside India for business purposes..for this purpose they buy Foreign currency to meet expenses there (from company only) At the time of buying they will issue a letter stating that "this currency will be used only for business purposes"..

However My Questions are:

1) Can an any employee use the same currency for his personal purpose ??? If so is he liable to repay the same to the company in Foreign Currency or in INR ???

2) If Company Receives the same in INR means will it leads to sale of Currency (Indirectly) ??? and treatment of Service tax claimed on it as input ??

3) Purchasing currency on behalf of employees and receives money will it leads to violation of FEMA Act ??

Note :
1. No Profit on sale of Currency has been made..
2. Company Doesn't have Registration for sale of Currency.. Kindly help me out

Read more at: https://www.caclubindia.com/experts/experts_display_list_unresolved.asp?mode=open&offset=7#.UqlAKXC6R5I

in exams is it ok if we quote the case laws alone or is it necessary to explain on it?

A company wants to set up an EOU unit for only one of its products (unit) which is being exported. Is it allowed?

Kindly substantiate.

Thank u

If a minor obtained DIN,PAN by providing false DOB and appointed as directors in many companies (apprx 20) four years ago. Now he want to change his DOB in DIN database by submitting DIN-4. As a minor is not entitled to make application for or receive DIN. What are the legal consequences for this against him, company in which he is director and the CA who certifies his DIN documents. Plz reply n suggest me.

Is form 23B required to be filed in case of First Auditor of Company?

My friend diconnected his Internet coonectionfrom TIKONA before renewal due date he lives in Ambarnath, Thane, maharashtra & Tikona has filed acs against him in Delhi High court is it legal? when tikona have head office in mumbai

can cs get easily job ?

If the paid up share capital of the company is decrease from 6 cr. to 4 cr. than company has to follow the appointment of whole time company secretary?
or file Compliance certificate?

is companies act 2013 applicable for may 2014 exam