I want to know that, Industrial training can be done in any company or industrial undertaking which are eligible as per the criteria given by ICAI (i.e. minimum Turnover 10 crores,or Paid up capital of 50 lakhs or Profit of 1 crores) or only in those companies which are authorised by ICAI ??

Respected Experts, I am going to appear in gr 2 in May 2017 exams.I am without studies for a long time and starting after a very long gap.Please tell if I start now will I be able to complete by that time and please guide how to proceed.I have cleared gr 1 a long time back. Regards

What will happen if the AGM has not been held by the Company for the Past two Years from the date of appointment of Additional directors?

i.e. Addl Directors Appointed in Feb.2014 But there is no AGM Conducted after that.

Whether they can continue or automatically appointment will be expired ?

Is it possible to appoint an additional directors for a period of 2 years at the time appointing?

i got exemption in law in Ca final Nov. 15 exam. but i haven't applied for May 16 exam. i checked on site exemptions.icaiexam.icai.org it shows as NO EXEMPTION DATA is it because i haven't applied for exam or there might be any discrepancy?

Is service tax is applicable to individual proprietor concern if he provide education to school student (status Trust (AOP)) and receiving fees as his income from the school exceeding Rs. 10 lacs in a financial year.

Dear Sir / Madam,

I have filled service tax return in Form ST – 3 in offline mode and upload the XML in to an ACES website and the status if showing as filed. But there is some error flashing when I viewing original ST – 3 and also it is showing in the return which I have downloaded from the site.
The error message is an under,
Error Code – V2SRC12
Description – The Challan Number {00053471304201602151} for {Rs.760/-} in H1 section does not exist and/or is not matching with the Registration Number available in the database.

Pls help what to do now. Any revised return or any other procedure I have to follow?

we paid exhibition stall rent which is conducted in dubai . after the completion of exhibition , we received a refund amount for excess payment. so that excess amount we are added to capital account of proprietor. ios it correct or not ? please resolve.

below is my query if you can help me out it would be great. I want to reclassify equity shares to Prefernec shares. I know MOA will be amended by Passing OR. but I want to know whether AOA will also be amended or not. My capital clause in AOA is as below:
"The Authorised Share Capital of the Company as mentioned in Clause V of the Memorandum of Association of the Company with power of the Board of Directors to sub-divide, consolidate and increase and with power from time to time, issue any shares of the original capital with and subject to any preferential, qualified or special rights, privileges or conditions as may be, thought fit, and upon the sub-division of shares apportion the right to participate in profits in any manner as between the shares resulting from sub-division."
This is the general clause which most of the Co. adopt, but It doesnot specifically give authorisation to re-classify. Do I need to amend this clause and incorporate word Re-Classify????

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DEAR SIR./MADAM

AS ON 31.3.2016 PHYSICAL STOCK (PSV) OF GROUND IS 990000 MT WHILE IN THE BOOKS (RG) STOCK WAS 100000 MT THE DIFFERENCE OF 10000 MT BETWEEN PHYSICAL STOCK AND RG , HOW IT IS TREAT . PYSICAL STOCK TAKEN ON L*B*H= V*DENSITY BASIS , STOCK IN HUGE QUANTITY . NOT TO MEASABLE ON ACCURATE BASIS.

IN RG MAINTAIN
OPENING STOCK + PRODUCTION -DESPATCHES-INTERNAL CONSUMTION =CLOSING

NOTE : DAILY PRODUCTION DECLARE ON MATERIAL SHIFTED FROM PRODUCTION DEPARTMENT TO SALEABLE DEPARTMENT (READY TO DESPATCH) ON ACTUAL BASIS.

AT THE TIME OF PSV WE WILL TAKE STOCK SALEABLE DEPARTMENT (READY TO DESPATCH SECTION)

SUPPOSE, IN RETURN OF ER-1 SHOWING CLOSING STOCK 100000 MT
AND NEXT YEAR WE WILL TAKE OPENING STOCK OF 1.4.2016 IS 990000 MT

10000 MT FOUND SHORTAGES DURING THE PSV

THIS TREATMENT IS OK OR NOT OR OTHERWISE WHICH TREATMENT REQUIRED

PLEASE ADVISE US