hi i m a cs final student. i want to know abt the articleship provison of institute.is articleship compulsory for COP and whether i can do my articleship in industry also.give me full details

An Ao has in his order U/s 143 (3) made an ad hoc addition in form of 25% disallowance of expenditure of Car , Scooter , Telephone on a/c of personal use. Further a addition of Rs 180000 made on a/c of Houe hold expenditure , assessee declared a drawing of rs 120000 , AO adds RS 180000 and presumes Household expenditure as Rs 300000 .
Wish to appeal against the order , Case law support required.

Respected sir,

I would like to know the compliance in the Companies Act, 1956 :

A pvt. ltd coy incorporated and does not done single transactions. But filed "Nil" return of income for the First year.
But in the Second year whether Pvt. ltd., coy can file "Nil" return of income if it is not possible, what is the consequences.

I request the experts to give their views related to the above issue and give me better suggestions.

Thanking you

with regards
dhilipkumar a.

Dear Sir,
One of my friend want to invest in a private ltd comppany.
Company showing very high groth so he is interest to take 30% of stake in that company. And he is not willing to be a part of board of director.
Now he wants to know that as a investor in equity he have any Legal or other libilities for Ex. To bank for Their OD or Govt for their tax dues or for any other activity done by the board of director.

One point also notable one of his close relative working in that company and getting Rs. 75K per month.

Thanks in advance

Regards
Kamal

please clarify me

Name bhaskar b
Fathers name balayya

Which of the following affidavit format is correct if my ID proof contains single name i.e.Bhaskar B ?

1. Iam BHASKAR B and my name bhaskar b appearing.............
or
2. Iam BHASKAR BALAYYA and my name baskar b appearing........


( how it is to be signed (a) bhaskar b or (b) bhaskar balayya )

What is the difference between imprisonment & prosecution as per law.

What is the difference between Adjourment & postponed or postponement as per law.

The offences under the act are criminal offences give rise to imprisonment for a term or fine or both. What do u mean by for a term.

WIth the examples.

What is the applicability of Service Tax in case of Foreign Currency expenditure as being disclosed in Notes to Accounts of Auidted Accounts , whether every thing will attract service tax under the head " IMPORT OF SERVICE "

i have filled the Income Tax Return and ROC Return in form-52. Now i want to know that how to report the RBI? What is the procedure? please advise step by step. thanks in advance

The company has not taken the input of service tax on the services taken by it during 2008-09.The service tax return has also been filed with the department. Can input of service tax be claimed in 2009-10? Please suggest. Is there will be need for filing revised return and also suggest if the original return was filed before 6 months ( i , e we will not be able to revise the return).Pls advise.

Dear Sir,

I would like to know about th procedure for bank guarantee & letter of credit as per Indian Banking standard.