Can an OD account be shown on books of account for an indian resident, where the OD is taken against debt mutual fund asset holdings held bu an NRI.

Coz if the OD account is shown on NRI books then any interest received by NRI from an individual or firm shall be liable to 30% deduction of tax(TDS).

Is there any way out to this issue?

Thanks in advance!

sir
i have passed both groups of ipcc in 1st attempt. currently m doing my articleship...at the time of registration for ipcc i had applied for ATC also.
so wen i can get my ATC certificate?.i have completed 3 months of articleship.

even after getting ATC i want to continue with my CA course.
plz explain me .

Dear friends/Experts

I want to know about the text books for self study for CA final 1 st Group specially SFM. I am little bit confused in selecting the books. I am in need plz help me.

how can i apply online service tax number please describe me in detail. address pitampura

What should be the quorum of the board meeting of the private limited company if there are only 3 directors on the board and only 2 are present for a board meeting and nothing is mentioned in MOA/AOA regarding the quorum.


Thanks & Regards

Manufacture of dye & chemicals used for Jeans Washing falls under which chapter heading sub heading and is there any abatement explain plz

thanks in advance

Dear all,

I have cleared CPT in Nov 2007 and joined articleship after that and terminated after 6 months(June 2008). Now that I want to join IPCC through CPT route for attempting in Nov 2013. I want to know -

Whether I have to complete ITT before appearing in Nov 2013,

And whether completion of ITT is required for filling the conversion form (PCC to IPCC).

if the meeting has been adjourned bcoz of quorum and in the adjourned meeting also the quorum was not present, then what will be the validity of the adjourned meeting?

Can a private company issue convertible warrants to another private limited company.

Dear Sir,

If i make a tds payment through challan instead of e-payment is there any problem? My client does not having tax audit and it is private limited company
regards