Ankit Khatri

Hello Everyone.
I am about to start a firm which will be a typical It outsourcing firm based in India with most of the clients in the US.

I am confused whether i should go for an LLp or a Pvt limited company.?

The conditions are:
1) I have a partner who is an NRI. he is residing in the US , he holds the green card in the US but not the permanent citizenship of US
2) All the initial investment would come from the NRI
3) the guy has an Indian PAN Card and also an Indian Passport

What is the best way of doing so?
Since, I am not sure but will this be a kind of FDI ?
So, what are the pros and cons of getting an LLP or Pvt ltd Comapny?
What should be the steps?

Thanks in advance.


Varsha Maheshwari
24 April 2013 at 19:49

Practice for chartered accountant

Hi,

I am a chartered accountant and in oracle implementation profile for last 2.5 years. Now i want to start my own practice. keeping in view of future perspective is it safe to change my profile.Please suggest.

Regards
Varsha


Yash Dave
24 April 2013 at 19:39

Income tax

DEALER IS WHOLESALE DEALING IN WASTE PAPER SUPPLY TO INDUSTRIES TURNOVER IS RS 80,00,000/- DURING THE AY 2013/14 & SHOWING NET PROFIT RATIO 3% WHETHER LIABLE TO AUDIT U/S 44AB WHILE FILING I TAX RETURN PL EXPLAIN



Anonymous

dear sir,
Becasuse of prolong health related issues...i need to take a long break in my studies.now health is improved hence i have started studying CA final which i left..i dont have any experience. sir any good corporate can hire me if i complete my CA study in a year or so....sir what are the career options available to me at the age of 30..



Anonymous
24 April 2013 at 19:35

Procedure to quit partnership

Hello sir.

I am a partner in a firm and i want to quit partnership with current firm and start my own firm.

What all documents are to be made and procedure to be followed.???



Anonymous

Sir,
In a partnership firm, there are 3 partners , one wants to retire, Duration is at will. Please suggest me the following

1) Whether new partnership deed is required for the same, or can it by amending the relevant clauses in the partnership.

2) If amendment is ok, also suggest the value of the stamp paper (Firm is in Kerala)

3) Which section of the Partnership Act dealing about this deed.


CA Husain Saifee

We had a Pvt. Ltd. company whose registered office is in Mumbai and its branch is in Indore and we want to take First stage dealer registration for branch. So my question is it compulsory to take HO registration before taking branch registration


Anil Chavan

Dear Experts

We are a manufacturing Co. & we got an order for export from our agent. For which we have to pay commission of USD 30000.00 to our agent for procurement of order for us. The Agent is non -resident.

Please let us know whether the TDS will attract & if yes please confirm the rate of TDS.

Thanks & Regards
Anil


jinesh
24 April 2013 at 18:56

Prepare balance sheet nd p&l a/c

hello

Dear Sir,
I want to know i have a client(status: individual) who is doing Agricultural activity. he has files return till A.Y.2009-10.Now he want to file Return for A.Y.2012-13 and 2013-14( because earlier can't be filed). He has filed ITR 4. he has business of agriculture where he earns 2 to 2.5 lacs. and doing part time job where he earned salary. i want to prepare Balancesheet and p&l A/c for him so how can i prepare and show his Income agri as well as part time ) into balance sheet and p&l account please guide me on this.

what inputs show in p&L and balancesheet so that the same is effected in ITR 4 at the time of filing.
pls help me.


rahul dev
24 April 2013 at 18:39

Exemption query ipcc

i attempted for ipcc in may 2012 n got exemption in accounts.but did not clear the group.
while filling exam form for may 2013 i wrongly submitted my roll no. of november 2012(for which also i appeared) in exemption column.
i want to know will there b any issues regarding my exemption bcoz exam form dates have expired n i have recieved my admit card for may 2013..
plzzzz let me know asap





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