CA skmnair
17 July 2007 at 07:54

Government Grants

Interest subsidy received for a project, subsidy given for a term loan as if reducing interest by 2%, loan period next 7 years, Now ineterst subsidy showing in balance sheet liability side, if iam taking this subsidy as defferred income what is base? whether have to adjust on NPV basis, if using NPV whether balance amount will come in subsidy(un adjusted)?
Please send your suggestion fast.


Gourav
17 July 2007 at 07:43

F.O.B AND C.I.F.

Sir/Madam,

Cud u explain the meaning of F.O.B & C.I.F. Shipment & also difference in both.


Thanks/Gourav


PRAVEEN
17 July 2007 at 06:13

RESUME FOR ARTICLSHIP

I HAVE JUST CLEARED MY PE2 EXAM. SOMEBODY PLS FORWARD ME A COPY OF AN IMPRESSIVE RESUME
FURTHER, IF SOMEBODY HAVE GOOD CONTACTS IN GOOD FIRM IN DELHI,NCR FOR ARTICLSHIP, PLS REFFER ME.

THANKS AND REGARDS

SHAILESH


Narendran
17 July 2007 at 05:14

Nominee Director

Dear Sir,

A Nominee Director's Directorship has been withdrawan by the Financial Institution / Bank due to satisfaction of repayment of loan. Now the question is whether this withdrawan to be intimate to registrar through file " FORM.No.32" ? and is it applicable to Nominee Director?


vinay
17 July 2007 at 03:37

hiiiiiiiiiiiiiiiii

hello sir,i want to know about the coachings of PCC.I have done my CPT in may 2007. plz sir suggest me.


CA VINOD JAIN
17 July 2007 at 02:14

CPAITAL GAIN TAX RATE

WHETHER OPTION OF 10 % TAX RATE AVAILABLE OR NOT ON LTCG ON SALE OF PVT. LTD CO. SHARES


om Prakash gupta

whether a private ltd co. can open any no of branches? is any permission required from ROC for the same?
Is a co can make any no of proprietorship firms and make partnerships in firms?
If so, what are the legal formalities for the same?


ALEEL
16 July 2007 at 08:48

Income from 44AD --- ( ITR 4)

Dear sir,

In case of ITR 4 the income from 44AD civil construction, assessee does not come under 44AA ,whether we requied to provide gross receiipts/profit as income ( Schdule P&L Item No 51) of the during the period.
Please give me an expert opinion.

Aleel
Calicut


Prasanth VN
16 July 2007 at 08:43

Audit procesures for various areas

how to audit in given below areas under MANUFACTURING INDUSTRIES POINT OF VIEW

a. bills discounting
b. pre & post shipment
c. lease

pls. send auditchecklists to my mail id also
prakarthi@gmail.com


n murali
16 July 2007 at 07:04

incometax settlement commission

the cases pending before incometax settlement commisssion shall be complied with payment of tax and interest thereon in respect additional income disclosed in the application on or before 31.7.2007 to see the application is further proceded with and to avoid abatement. the reliable information is the pendency is too large that the pending application is unlikely to be settled by 31.03.2008,the deadline imposed in finance act 2007. the non completion shall again would result in abatement of the case as if no application is filed. is there any remedy to avoid such abatement after payment of taxes and interest by 31.7.07






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