Dear Friends,

first of all I want to confirm the existing FDI limit in retail. As per my knowledge the same is as under:

1. Single Brand retail: 100 FDI allowed(49% sutomatic route in excess of 49% with Central Govt.

Multiple Brand Retail- No FDI is allowed even with Govt. approval.

Now my query is:

A Ltd deals in whole sale trade and has FRI of about 30%. It wants to operate in retail sector with multiple brands but can'nt do retail sale under FDI policy. However A ltd has a private company in the same gropu in which there is no FDI.But Directors and Indian shareholders are same in both the company.

Can this Private company can do retail/online/e commece business with customers directly after buying the goods from A Ltd. as its wholesale/distributor.Please advise.

Thansk & Regards,

P.C. Joshi

Sir,

One of my client have a rice co. & in a day it pay consolidate freight in excess of Rs. 35000.00 for different trucks having different Gr's. but single PAN i.e of truck owner. Drivers doesn't have their individual PAN.

Now plz clarify me whether that limit of Rs. 35000.00 is for single PAN or for individual trucks.

e.g freight paid to 1 truck driver is Rs. 20000 & another truck driver is Rs. 18000 but both have a single PAN.

Dear sir,

from where and how to download form 16.

please resolve.

regards

vijay

is shop and establishment license is require for license for practice in CA field ?

what are the manadatory comjpliance to start a practice ?

i want guidance . pl outline the main points

HELLO ALL
IF TOTAL TURNOVER-1,30,00,000/-
TOTAL exp-1195589/-
how much profit should be kept for F.Y-13-14

Plz advice also to calculate profit percentage and how to determine wahat profit % should be kept?

In F.Y-12-13

Profit- Rs 199885.30/-
turnover-14341211.17/-
exp-14141325/-

i have cleared professional exam this December. Am i eligible for new training structure of ICSI i.e. one year internship?

A company engaged in the manufacturing and exporting of jewellery and have purchased immovable property i.e. shops in the mall. The same has been on rental basis and the rent income is shown under the head fixed assets and the depreciation is being claimed on the same .

please advise us the above practise is correct or whether this should have been shown under the head of investment.

DEAR EXPERTS,

I'VE A QUERY REGARDING U/S 234(A)AFTER DUE DATE FILING OF RETURN.
FOR AY 12-13 I'VE FILED A RETURN IN DEC 13 IN WHICH THE TAXABLE INCOME WAS 1,76,500(BELOW RS 180000).
CAN I RECEIVE A NOTICE FOR THE PENALIZE U/S 234(A),WHERE MY TAXABLE INCOME WAS NON TAXABLE OR BELOW LIMITS.

Hello......my final attempt in nov 14 bt now i m not registar....my ipcc both group is clear....tell me last date for registration for appearing in nov 14......pls fastly reply

We clear goods to job worker on payment of duty.. further the job worker claims cenvat on the same and on processing the goods clear the goods to party from his premises on payment of duty. and claims differential excise duty from our company.

i wanted to know under which excise rule this scenario falls?