I have audited the financial statements of a government company registered under section 25 of the companies Act.it earns interest income from fixed deposits which is taxable under the head "income from other sources".It has business loss also for the same financial year which is set off against the interest income,hence net income earned is Nil.Therefore the company does not create any provisoin for taxation on the interest income earned.I would like to knoe whether the company should create any provison or not and what kind of opinion will i have to provide?Unqualified opinion or qualified to the above note

Is income from dairy farming business taxable. Please explain...

WHETHER TDS IS APPLICABLE FOR AMC ,& WHETHER TDS IS APPLICABLE FOR SERVICE CHARGES INVOLVED FOR CREATION OF FIXED ASSET?
PLZ REPLY?

is there any deletion in methods of hire purchase ?

Dear Expert

I want to know whether in CS exams, we need to answer questions in the same order as the question paper or can I start answering the paper with the questions numbers which I find easy to answer and then move on to the harder ones?

Regards

WHETHER TDS IS APPLICABLE FOR PRINTING SERVICE,AND THE SERVICE PROVIDER DOES NOT SPLITING THE MATERIAL COT & SERVICE COST IN THE BILL .WHAT WILL DO?

Sir please let me know that whether I have to send the form ST form 10 of ICSI at new delhi address or noida address for issue of sponsorship letter for training

Hi sir,
1 of my clients want to register as 1st stage dealer under excise.
he has office in residential flat and and he wants to take material from one manufacturer and to sale it to another manufacturer.his plan is to divert the material purchased to customer manufacturer during traveling only,i.e not to bring the material to own office.
in this case
1.whether he ll be registered as 1st stage dealer or not.
if yes
2 is it allowed to transfer such material without bringing to own factory
3 on what amount of excise should be levied,i.e on purchase amount or on sale amount

My Query is Whether New Companies Act passed in August is Applicable for Nov.2014 Exam of CA-Final.

Dear Sir


As you have mentioned in your all advices First AGM must be conduct within 18 months from the date of incorporation or Nine Months from the closure of F.Y, which ever is earliest so company incorporation date is 20thJan12 so as per this date 18 months have completed on 19thJuly13 but upto till date no AGM is conducted by the company and other facts related to general board meetings which are as follows:

• Company has been conducted one board meeting as on 6th June 13.

• Company has been conducted another board meeting as on 25th July 2013 in mumbai and balance sheet and p&l statement have signed on the same date i.e. 25th July 2013.

• Company has been conducted Two EGM also First in the month of January dtd 25.01.2012 at the time of share capital increase and Second EGM in the month of May dtd 24.05.2012 at the time of New directors appointment and both EGM conducted at Registered office address banswara.

Now as per above mentioned facts my queries are as follows:

 Upto till date no AGM is conducted by the company so according to above facts which date would be suitable for conduct the first AGM?

 If company unable to conduct the AGM so what are the penalty clauses?

 Is this compulsory to conduct the AGM at the registered office of the company or not?

 If you need any other information so please revert.


Thanks for your advice.


Regards
Depaksh Jain