abhay vadera
07 April 2009 at 00:08

delete a/c of member in caclubindia

i am appologize that I am forgotten to open my a/c already. so I am deleteing my this a/c.
please kindly reply me


Shelly

I understand the institute is trying to frame rules to streamline dummy articles.
What has astounded me is the stunted & inconsiderate decision taken on transfers. I say this on following accounts:

1) According to the ICAI rules Industrial training can only be taken in the last 12 months. By stressing on barring transfers in the last 12 months the institute has conflicted its own rule.The new rule is vague regarding industrial training.

2) By restricting Students to one principal the institute is trying to freeze out a persons basic human right of freedom.Even if i don't transfer right now the fact that i don't have a choice is very unfair and crippling.
There could be various reasons wherein i don't want to continue with a firm.
* Quality of work * Management, Seniors and work culture * Better opportunities elsewhere. * Exploitation by Principal * The Institute must understand that the rule will be a tool in the hands of the principal who are already overburdening the students.
3) The institute cannot overnight bring changes with such major implications. They must be sensitive and understand it is a students career in question here. Had these rules be dotted out right from the beginning students would weigh their decisions but imposing them in the middle of the curriculum is despotic abuse of authority.
4) The institute is vague in implementation of the rule. No time frame is mentioned and Nothing is mentioned about the transfers in process/ or about cases wherein students have already put in their papers.

5) Also the institute only formulates rules restricting behavior of students. Late night shifts and working more than the hours prescribed is not unusual. The institute should come up with more stringent action against perpetrators.
At the cost of being loud in a public forum
i think that this rule is formulated with the interest of principals in question and gives them absolute power to further exploit, the already overburdened students.
In my opinion the rule regarding transfers is ridiculous and the student community must raise a voice against this and make sure that this unmerited law is not imposed on us.
In this regard i want to know from our experts what course of action can be taken by us ..
Appeal ? Redressal , Court case to ensure that such behavior is not doled out to us.


Gaurav Aggarwal
06 April 2009 at 23:03

Necessity of forming an NBFC

My question is:

"What mandates a body (individual/partnership firm/company) to form an NBFC??"

Should an arranger of loans such that he brings together a borrower and desirous lenders together and gets the deal done required by law to get registered as an NBFC or is there any other regulation governing it??

For example, a borrower intends to borrow Rs.50,000 and reading this borrower's profile in a brochure carried by an arranger(intermediary) there are 10 people ready to lend 5000 each? In arranging this deal is the intermediary mandated to be registered as an NBFC with RBI or as a money lender with the State or anythign else??

A related question ..

Am I as an individual required by law to be registered in any form if I intend to lend some money to a friend or for that matter any individual I m comfortable with?? I do not want to carry it on as business. The intention is to help the other individual and supplement the income that I earn from my occupation. If I get a promissory note signed, would that be enfoceable at law in the event of the borrower not paying back the borrowed money??


JUZER
06 April 2009 at 22:59

CA AUDIT EXAMS

whether SAPs are applicable for CA June final 2009 exams or AA-S


Inderpal Singh
06 April 2009 at 22:49

PF Amount to be Withdrawn. But How ?

06.April.2009
Hi.

This is INDERPAL SINGH.

Actually, My uncle had been working in a company at Gurgaon from 1996. No appointment Letter was provided there till the date.

In their Company PF facility was started on 10,March 2005.


On 4.April.2009 through someone here and there in a company employer got the information that my uncle is stealing company's stock.

He(Uncle) has caught by the employer with company's stock as on 04.April.2009 and now employer has discharged him and saying there is no final-payment. No amount will be provided to you.

Uncle said that, He wasn't know about the stock. How it was with him.

I know my uncle. He cannot do the act like this in their life.

Now please guide me is there any way by that my uncle could withdrawn their PF Amount?

Bcoz company is not providing their PF Amount.

I am looking forward to your response.
Please Help.

INDERPAL SINGH
+91-9871333610

mr.inderpalsingh@gmail.com
inderpalsingh5@yahoo.com


deepak K Gujrati
06 April 2009 at 22:12

Insurance on purchase of Car

At the time of purchase of Car, Normally Registration and Road Tax is paid. Insurance is also paid.
Whether this Registration charges and also Insurance [ to make this car ready to use] should be capitalized.


lakshmi
06 April 2009 at 21:18

WCT Vs WCS

Is both Work Contract Tax (A compounding scheme under State levy) and Works Contrct Services (under Service tax) is applicable on a contract. Service provider claims that when he pays WCT he need not pay Service tax. Is that correct.


prats
06 April 2009 at 21:11

bcom datesheet

does anyone know the bcom pass 1st year datesheet.will it clash with my pcc june'09? hw shall i prepare in dat case


sudip

Dear Sirs,
We are under construction of a new excisable manufacturing unit( Cement plant). During construction period we are using TOR Steel for RCC work
And using STEEL PLATES, ANGLE, CHANNEL, BEAMS etc for factory shed & for fitting up of cement machinery.
Can we availed CENVAT benefit on TOR STEEL, STEEL PLATES, ANGELS, CHANNELS etc
Please provide me case reference etc.

Please take the matter very very urgent.

Regards,
Sudip


Sumit Jain
06 April 2009 at 19:24

negotiable instrument act

why a promissionary note cannot be made payable to a bearer?

and a bill of exchange made payable to bearer when it is a demand instrument?






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