Hi,

If I take a personal loan from a friend... by law do I have to pay him interest on the loan taken (He does not want interest)

Second query is can I make an fd with the personal loan taken?

Hello,
How can i check whether income tax assessment has been made to partnership firm for the FY 2011-12. Kindly let me know any website if available

Sir,In a JV agreement with a builder on 50:50 ratio the builder gets 3 flats the owner takes 1 flat and balance in cash(lets say 45 lakh)the money is given up front to the owner by builder.owner gives a GPA to builder.My question is.Is JV agreement is enough to show the proof of income of 45 lakh to Income tax or to Bank.and should the JV agreement has to be registered.

I graduated (b.com) in july and also passed ipcc group 1 in may 2013 attempt,im gonna write ipcc grp 2 exam in november 2013,as of now im attending classes for grp 2, i need some advice as to when i have to join articles?,what kind of firm ie..,mid sized or big 4?,what is last date for registering for articles so that my final attempt does not get delayed?

Dear Sir,

I am swapnil. i want to know about cash flow & Fund flow in practical business and there importance

Dear Sir,
I am swapnil here. I want to know concept of Account payable & Account Receivable & the process of account payable & Account receivable

A PARTNERSHIP FIRM (XYZ) is having office at Place A1 and made a franchise agreement for selling goods of franchisor in their brand name (ABC) and keeping the same name of the office (ABC) at place A2.
Now XYZ need to mention ABC as its branch with address A2 while applying for TAN and VAT.

What is deffrance between Bank Cash Credit Limit & Bank Open Cash Credit Limit,
Can one company avail this both limit at time

We are Consignment Agent of a Manufacturing Concern in Bengal. We
receive their Excisable goods through Stock Transfer Invoice and sell
goods at same rates with our own Invoice. We collect and deposit West
Bengal VAT/CST under our own R.C.Nos.

Our Tax Invoice shows Brand Name of the products of our Principal.
Principal pays commission to us on Turn Over. So far, total commission
received by us in a Financial Year has never exceeded Rs.3 Lacs.
Please clarify if we are eligible for claiming Service Tax exemption
allowed to Small Service Providers in view of the fact that we are
using the Brand Name of the goods of our Principal while selling the
goods.

Dear Sir,
In case of a individual proprietor suppose whose name is Chaman Singh and his proprietorship firm name is ABC Advisers.

In the above case service tax registration should be apply in the name of proprietor ie Chaman Singh

or

It should be apply in the name of proprietorship firm ie ABC Advisers

Please clarify.