Sir
I wish to clarify the following
i.e. VFX India Pvt Ltd having regd office at Mumbai opened a Company in the name of VFX Canada Ltd with 3 Share Holders Including VFX India Pvt Ltd holding 95% of Shares .
1.Now whether VFX India can transfer the Capital Amount without deducting TDS under Overseas Direct Investment route to VFX Canada Ltd?
2.Can VFX Canada Ltd receive the Proceeds of bill raised by VFX India Pvt Ltd against the service rendered by VFX India Pvt Ltd to it's Canada Clients?
3.Whether the above is yes & should it be reported in 3CEB?
4.VFX Canada Ltd can convert the proceeds of sales bill( received from Canada clients) raised by VFX India Pvt Ltd as shares of VFX India Pvt Ltd in VFX Canada Ltd's books of A/c ?

Sir,
I would like to clarify the following
Whether Company incorporated in India can transfer the proceeds received from IPO, to it's subsidiary company situated in abroad and wholly owned company 's situated in abroad?
Whether there is any restriction available in FEMA or RBI or can be transferred through RBI Approval?

Do i need to complete both Advanced ITT and Advanced MCS course before registering for CA final course? I know both need to be completed before CA final exam but is it necessary for the registration of course as well?

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I have to do a project of Accounts in which I have to make a sum with transactions of a company and solve it. For more information please check cbse website accountancy project class 12 . But please please please please please please please help me🙏

Hi All,

Happy Dewali to all!!

I have a query from my friend, please help me to support him.

He is an CPT, IPCC student now registered in CA Finals (new Scheme), he has completed his Articleship, Orientation Program, GMCS-1 and ITT program. Now to appear CA final exams is it required to complete both Advanced ICSTSS - ITT and MCS or either of it ?

Thanks in advance.

Hi I just passed class 12 and I got admission in delhi university, arsd college but I want to pursue cma along with regular college. but I am not sure are there job opportunities available after becoming cma and can cma open their own firm like ca ?

Hi I just passed class 12 and I got admission in delhi university, arsd college but I want to pursue cma along with regular college. but I am not sure are there job opportunities available after becoming cma and can cma open their own firm like ca ?

Dear Sir,

My question is after completing the period of excess leave which form should i submit in CA Articleship?

Hy,
I have submitted the article yesterday,
I want to know how to track the article status if it is been reviewed or published etc
can some one help me understand the process please