Dear all,

A truck dealer, paying transportation charges for transporting the new vehicles for the dealers premises by road.
Whether the dealer need to pay GTA for the said transaction?

Thanking you.

If a Pvt company in India which is subsidiary of a company incorporated outside india is coming under purview of section 4(7) as a public company. is its conversion from public to private is mandatory or it can be exist as a private company although prov of public company is applicable to it.

Dear sir /madam
One of my client is undergoing amalgamation in the nature of merger . they have intercompany holding .I said them to wite off the value of investment through general raserve in the books of transferee company. when it comes to allotment of purchase consideration I passed the entry as
ESH of ...co.
To ES of transferee co.
but the balance sheet didn't match .The problm is when I credited the amount of Equity share by purchase cosideration the liability side stands incresed but where shall I show the corresponding debit entry. Goodwill doesn't arise in the nature of merger.

Our firm is having income of building rent of Rs.1 lac per month. As per my knowledge service tax registration limit is RS.10 lacs for the financial year.
Please confirm this limit. And also confirm that when we take service tax registration after income exceeding 10 lacs whether previous amount attract service tax i.e. RS.1 to 10,00,000/- or not? or service tax payable only excess of Rs.10 lacs billing.

can any one pl guide me as regards to rate of tds on payment of interest for ECB to company in italy
it urgent
thnaks in advance

Dear Expert,

Please give a answer

" Why do you consider fit for selection to the post applied for"?

Can any one give me the following letter formats to be submitted to AD bank for transfer of shares from resident individual to non resident company:-

1.Consent letter duly signed by the seller and buyer
2.buyer undertaking letter format
3.seller undertaking letter format

my e mail Id raoandco52@yahoo.com

V Rao

As per article published in the student journal (ICAI) of octomber 2012, Sec 44AB makes provision of tax audit of accounts related to both Business and Profession in case if turnover eceeds specified limit of either in business or profession.
In my view this provision is illogical that if turnover either of business and profession of assessee exceeds specified limit then Sec 44AB attracts to both Business and profession of assessee. In case if assessee has limited turnover of profession and higher turnover of business then it will hardship to assessee that he will have to get his accounts audited of both business as well as profession.
Is my view is correct ??? plz advice and kindly refer article published in student journal (Octomber,2012) by ICAI.

Dear Sir,

We have filed Form 17 after Expiry of 30 Days from the Date of Satisfaction of Charge. But, the status of Form 17 is pending for Form 21.

As After 30 Days, we have to approach CLB, for Condonation. Is there any other way, to Escape from CLB Procedure.

Kindly resolve my Query in Detail with all Possible Solutions.

Regards,

when can i give exams of ca final...if i have started my articleship on 1/4/2011(after clearing my Ipcc 1st group) and cleared my 2nd group consequently during continuation of my training.plz suggest me.....