FEMY TONY
09 June 2014 at 09:50

Din application

WORD FORMAT OF DIR4


shruti
09 June 2014 at 09:33

Gift from son from usa

my client received a gift from son every month through western union. my client don't prefer to receive the same from western union in cheque even western union ready to pay cheque for more than 50000. can we account for gift in cash received from western union or accept in cheque only . gift from cash is ok or not ok.


Madhu H S
09 June 2014 at 09:20

Itr filing

Dear Sir

Pls advise w.r.t the following:
Facts
* Mr. X is a citizen of UK, working as a teacher in a school in India for last 630 days. (So he is an RNOR)
* As per India - UK DTAA (Article 22), salary income of Mr. X is exempt in India upto 2 years.
* He is getting salary (~50 lakhs) in his Indian bank account from that school & he has no other income in India (except interest on his Saving Bank A/c which is ~ Rs 12000)

Query:
1. While filing ITR-2 his salary income to be shown as zero & exempt income as 50 lakhs. If the answer is positive, the new ITR utility in "SCHEDULE-EI",should it be shown under sl. no 5 (anyother exempt income including income of minor child)?

2. "SCHEDULE-TR" is applicable only for the cases where the income is taxable in both the country & he is claiming the credit of tax paid in UK while calculating total tax liability in India. Pls let me know whether my understanding is correct.

Thanks.


Kuldeep Hanmant Jagtap
09 June 2014 at 08:47

Nov 14 ipcc exam

Companies act,2013 in law and Exice in tax are applicable for nov 14 exam or not


gowtham
09 June 2014 at 08:06

Provisions

what is provisional entry


Nesadhasan.N
09 June 2014 at 07:58

Bank loan

term loan compution. if i have a 3lak of property... and i would like to start own business.my capital nearly 2lak..before that i am a salaried employee. i got salary rs 2.5 lac for asst year 2014 and rs 3.00lac asst year 2015. am i eligible term loan rs 5lac?



Anonymous
09 June 2014 at 07:52

*direct entry

Wat is the last date for enrollment of articleship through direct entry...if the student aims for ipcc may-2015xms


Debashish

I want to know that in the dec'14 (Old Syllabus) exam of CS. the questions will be asked according to the Companies Act 1956 or Companies Act 2013 ?


PREETY INDRAWANI
09 June 2014 at 01:15

Ca final exam attempt

I started articleship from from 24 Dec 2012....My due attempt for ca final exams is Nov 2015...I am late by only 1 month.....so can I give May 2015 attempt.


P.C. Joshi

Dear Friends,

> 1. My company (paid up capital more than 10 crores)
> has joint venture with a foreign company to the extent
> of 27% equity the foreign company holds in my company.If my
> plan to buy goods from JV company, then Sec 188 of the
> Companies Act will trigger. But if the transactions are
> entered at arm length price, then the
> transactions between my company and that company will not
> come under related party transactions. is it correct?
>
> 2. If I have another group company in India in which
> one/two directors and shareholders are common, wants to buy
> goods from my company at prevailing price which is same for
> all the customers. Will the transcations of sale and
> purchase between these two company are related party
> transactions under sec 188?.
>
> 3. If the transactions between my company and its JV
> counter part as per (1) above and my company and another
> group copany(2) above are outside the scope of related
> parties transactions under sec 188, then are both these
> companies require to do any complaince under the companies
> act 2013 & rules like consent of Board of Director or
> passing of special resolution.Or the same and pur4chase
> transcation can be entered with doing anything.
>
> Could anyone please revert on above urgently. please
>






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query