Our company wants to invest in a foreign company rather enter into a partnership with individuals or a company abroad in the capacity of a company which is currently a partnership company....Is it possible? Is there any ceiling on the amount of investment? What are the doccuments required? and how would the income tax treat the investments and profits from the venture abroad? How and along with what doccuments we need to support our returns / assesment?...Do we need proior approval from RBI or FEMA or anyother regulatory or statutory bodies??

A foreign company incorporated outside India as Public company under the laws of that foreign co, can we treat that as public company under the indian Companies act. Plz clarify at the very earliest.

Terminal & handling charges paid to APL INDIA LTD.The company (APL INDIA LTD) gets its job done by non resident shipping agency .Now when i (being a company)shall pay the payment should i deduct tds?If yes then which section.

Form No. 16 A for TDS on contractor U/s 194 C for F.Y. 2008-09 has been issued quarterly. i.e. total 4 Form No. 16 A has been issued to each deductee for F.Y. 2008-09.
Is this attracts any penalty?

dear all
while going through module i did not understand the given sentence
"if inherent & control risk is low then auditor can reduce his audit risk to acceptable low level"

please explain if possible with example.

If any loan accepted towards loan from bank(wheather loan A/c or Savings A/c) and repaid the same for more than Rs.20000/- is it necessary to be disclosed under clause 24 (a) (b) of form 3CD

dear all

deducn in respect of cont to annity plan is given in both sec 80c as well as sec 80ccc.
in exam which sention to mention????

whether Service tax is applicable on hire of Equipment, it is included in service if yes, in which service?

WILL NEXT CA FINAL EXAM BE HELD IN NOV2009 OR DEC.2009

As per the Co. Act it is mandatory to hold the AGM in the city where the Registered office of the Company is situated. But if due to circumstances a company want these two things in two different cities then is there any way.