Sir
i am Chartered Accountants by profession and i am doing practice at my place and i am also a director in the listed co. so what is my responsibility.

Sir
if the company is listed public co. and the company deal with the firm (i.e. sale & Purchase the Raw Material & Finished Goods) which is run by the father of the Director(Relative), but the decission of sale & purchase is not taken at board meeting but is taken by company management i.e. sale & purchase manager.
so what is the responsibility of the director for the same, whether he has to disclose the interest or not required.

Please guide....

Sir There is one listed co. since 1996. Now No. of shareholder are only 675. so is it possible, as SEBI guideline for IPO says the company should have minimum 1000 shareholder after IPO.
Sir Please guide me?

amount of authorised share capital of any company is decided by ?????. I depends upon ???????.

To how much amount company can issue debentures. Is it also authorised or ??????????.

If a authorised share capital of any company is 1 crore, then how much it can issue as equity share capital or preference share capital. and if we issue debenture of rs. 2,00,000 then it will reduce authorised share capital or not.

wether Landscaping work chargeble to service tax

if yes

can you give judgment

hello friends...
i want to about the MARRIAGES ACT...
TRULY SPEAKING EVEN I DONT KNOW THAT WHETHER THERE IS ANY ACT RELATING TO MARRIAGES..
BUT I HAVE A SMALL HOPE THAT DER EXISTS THE ACT RELATING TO MARRIAGES..
IF ANY ONE OF U KNOW ABOUT SUCH ACT...CAN U PLZ RECOMMAND A BOOK & AUTHOR OF THE BOOK & FROM WHERE I CAN GET THAT BOOK.SORRY I DIDNT SAID ABT MY CITY. I AM FROM HYDERABAD.
PLZ REFER ME A BOOK RELATING TO MARRIAGES

THANKING U FRIENDS.

REGARDS
K ANAND KUMAR

The company acquired industrial license from Govt to produce certain commodities. How to depreciates / amortised the license amount as there is no specific usage period. There is no specific rates in schedule XIV. Cost of License is in Lacs

In a Contract between “Payer” (a small Company registered under the Companies Act, 1956) and “Payee” (a large PSU established under a Central Act), the nature of work is such that payment has to be made after affecting TDS u/s 194-C in the normal course. The Agreement entered into between the two parties, contained a specific Clause requiring the “Payer” Company not to affect TDS. This Clause did not adversely affect the interest of the “Payer” Company so far because the “Payee” Corporation has been every year obtaining Certificate u/s 197 from its (Payee) Assessing Officer not to deduct tax since the objective of “Payee” Corporation was held long ago to be of charitable nature and hence exempted from Income Tax.

In the Finance Bill 2008, it is proposed to restrict the scope of charitable purpose (Refer Pages 1634 and 1646 of Apr 08 issue of the Chartered Accountant). So the “Payee” Corporation would henceforth lose the Tax Exemption status hitherto being enjoyed and become liable to pay Income Tax like any other Company involved in commercial activity.

Now that the “Payee” Corporation has become liable to pay Income Tax from FY 2008-09 onwards, it would not obviously be able to hereafter obtain Certificate u/s 197 from its (Payee) Assessing Officer not to deduct tax. So the “Payer” Company has to affect TDS u/s 194-C before making payments to the “Payee” Corporation; else the entire expenditure becomes inadmissible in its (“Payer” Company) assessment.

Please provide references to any Case Law or Departmental Circulars on this point to enable the “Payer” Company to convince the “Payee” Corporation that it is not fair to impose such condition.

Can anyone of you pls tell me what r the consequances of leaving the job without notice.
I did not sign any bond but i signed my appointment letter according to which i have to pay one month salary in lieu of notice.
But if i don't want relieving letter than it is necessary to pay the notice period salary.

i have completed 15 months of articleship and as my c.a. is not giving me enough leaves to appear in PCC Nov. 2008, i want to leave articleship in july, so can i leave articleship for the time being and what will be the effect of leaving it? will i be elligible to appear in exams?