Dear Sir,
I am a CA Final student. My CA final exam is in Nov 2013 and i have done nothing. I will start from scratch. Can I clear both groups of CA Final if I start studying 15 hours a day

Dear Sir, I have a House Building loan, I am a salaried person.For this loan I got tax benefit U/S 24 For interst amount(Rs.15622), & For Principle amount (Rs.14400) I got Tax benefit U/S 80c.Now From A.Y-2014-2015 only my Principle amount will be Nil.Now Can I invest my Principle amount in NSC to get tax benefit U/S 80c, Or what will be the best Investment for tax savings?
Can I get the Deduction U/S 24 (For interest) After Investing the principle amount to NSC or any other Scheme?

Can anyone please share views on the process of share transfer from NRI to NRI with NO change in the holding structure of Indian company along with RBI regulations ?

According to me ... it will not attract any RBI norms since money is not flowing in India, only intimation letter will go to RBI about such share transfer along with the compliance of Sec 108 ... Please suggest !!!

Hello,

I want to start a law firm with 2 other partners and 1 associate.

- So the first question is how should I organize this firm. Should this be an LLP or a pvt. ltd. or some other entity. The LLP route seems to be the most touted of all formation options these days. Any insights here?

- Once formed, what are the tax consequences for a law firm. So, let's say I collect 10,000 from a client for a court appearance, how much of that should I set aside for tax. Service tax?

- Other than tax, is there anything else I would owe anyone else (including any other governmental fees).

- Should the client receipts (money) be deposited in a separate bank account? If so, how do we open a corporate bank account? What banks are good for law firms? Banks with lower fees?

- Should I hire an external CA company to manage the books of the firm? If so, how much do they charge? They take a monthly retainer, may be? Or may be work on a mutual cooperation of services basis?

- How about recruiting associates?
Is there an advantage to hiring them on "retainer" rather than as "employees?" If they are employees, then there has to be some implication on taxes, shouldn't it? And any benefits (like health insurance etc)?

Please help!

Thank you,
Rao

Dear Sir,

I am A Chartered Accountant and a B.com(3yrs) from an Indian University.Am I eligible for taking up CPA course of USA? I would hereby like to clarify that I am interested only in job in USA and not certification.I also want to know the prospects of my present qualification for taking up a job in USA.

Thanking You

Why ECONOIMC TIMES newspaper cost Rs. 10/- on Saturday and Sunday??

I wonder whether Resident migrating to USA
and changing Resident Bank Savings Account
into NRO Savings Account be able to remmit
Deposits,Fix Deposits amount either on maturity or Otherwise?
I understand Interest and Dividends canbe be remiited from NRO bank accounts.
Please advice.
Thakkar

In the new Form 15H,I have doubt on TWO columns- namely the following for Assessment year 2014-15 for which this form is to be submitted now:
Col-21:Estimated total income from the sources mentioned below:
(I think I have fill up here the total amount which I would receive from this branch during FY 2013-14. Of course mine is only Interest Income. Kly clarify.)

Col-22:Estimated total income of the previous year in income mentioned in Col - 21 to be included

(This is not clear to me. For Assessment year 2014-15 for which Form 15H is to be submitted now, "previous year" is normally taken as year ending 31.3.2014. In that case the amounts in columns 22 & 23 are the same.)

Since I am outside India on personal tour, IMMEDIATE response will help me to submit Form 15H in time.

Dear Sir


Presently iam staying in Dubai, and working as a accountant in Dubai company,
My boss is a chartered Accountant(Finance Manager)

Doubts:
1)It is mandatory to complete my articleship in CA Firm Only

2)My boss is also completed his Chartered Accountant- it is possible to do articleship near my boss

3)Is it mandatory that we must complete 9 months of articleship before Attending IPCC.

What is the actual process,and where we can complete our articleship.

If I leave my job, then it is very difficult for me.
So please advice me and Guide me,

Yours Sincerely

Student

can we take on input vat tax credit on vat paid on printing & Stationery