I have a query that the computer accountes are a valid record accepted by the court if it is yes please give me the case. if any supporting are there please provide me. its urgent.

Dear all,

A PSU (Public Sector Unit)’s employees make a Recreation club. A PSU bare all expenses to operate the said Club. The said Club has own by laws. The activates of the said Club are members welfare, organized social occasion, get to gather etc. Now my question is….
1. Is it mandatory to register the said Club?
2. If yes, when and which govt.dept register the said club?
3. Any liabilities under Income Tax?

One of my friend who is an NRI employed in Dubai wants to setup an office at India for carrying out some software work exclusively for export. For export of service whether we need an IEC No. If so whether any approval of RBI for investment is required. The investment is made out of his NRE a/c. Whether the software consultancy will be treated as a service or sale of goods. Please provide me the maximum input.

Thanks in advance

A company was promoted with an intiail capital subscription of Rs.5,00,000/- and the entire amount was contributed by NRIs. FCGPR was also filed in time. Now the RBI is requesting for a Chartered Accountant's Certificate for valuation of shares in Discounted Cash Flow Method. Since it is the initial subscription, there is no scope for valuation under any method. Kindly suggest the remedy.

Thanks in advance

what is part paerformance and doctrine of Marshalling?? transfer of property act-GCL

I am CA final student my attempt is in may 12 i am starting my studies
my query is only may 11 edition of munish bhandari book is available should i buy that or wait till feb for new edition

Sir
I have decided to do da self study in law. but i m confused from which chapter i should start.. Is self study better for Law of CA final or should i take coaching for law?
please need Expert's help

what is the basic diff b/w Res judicata (sec 11)& Res sub judice (sec 10). Code of Civil Procedure

can you tell me a procedure as per companies act 1956 if balance in share application money remains open for more than 8years.

An indian resident company has an agreement with a non resident company ( a subsidiary of holding company of indian company ). The agreement is wrt rendering few services by the indian company for the project entered by the non resident company in India. The indian company doesnt have any link with project , it just renders services such as supply of human resources , taking care of payment of local suppliers etc., for the non resident company for free flow of transactions without any trouble. The indian company raises a debit note for the non resident for the expenses met and the same is reimbursed by the non resident company each month. In order to meet with the expenses , the non resident has given an advances in order to avoid undue burden on the indian company.
Given the facts, can you pls go through the same and let me know if there is any fema regulation on the refund of the advance received as the project has been completed and the expenses have been totally reimbursed by the non resident company. Does the transaction has to be viewed from any other prospect other than fema???

Kindly advise me in this regard.ASAP.

Thanks in advance.