supriya
07 August 2009 at 22:11

VAT query

I want to know whether VAT is charged on services as well?
VAT is charged on final price of goods whereas sales tax is charged when goods are manufactured. So how can we say that VAT replaces sales tax?
Is it not true that VAT increases the price of the product?


Naresh kumar Golchha
07 August 2009 at 21:52

can i change the proprietorship name

my question is that i am managing a proprietorship firm in the name of servcies consultancy and i am the propreitor. Now i want to change the name of propreitor. i am registered with sales tax department, can i change


NEEL..
07 August 2009 at 21:40

direct tax

what are the main chapters in ca final to look into throughly and early also ????? wat book u recomend for study??????i know scanner can help. but seeking for ur view.


Saurabh
07 August 2009 at 21:18

when quorum is not present?

when quorum is not present in d adjourned meeting within 1/2 hours,then as per provision all persons present will b counted for d purpose of quorum.

query- whether d proxies of person other than that of a body corporate or president or governor will b counted counted for d purpose of quorum?


vijay g. nalawade

One Co. has paid Testing Charges (Expenses) of Rs. 72,000/- without deducting Income Tax TDS.

Whether these expenses are disallowable u/s 40 of Income Tax Act 1961 ?


MANISH

Kotak Mahindra Prime Ltd is a subsidiary of Kotak Mahindra Bank Ltd.Whether TDS has to be deducted on gross interest debited by bank directly in bank statement?

Is there any exemption from TDS for payment of interest to subsidiary of bank?
Because no TDS applicable U/s.194A on interest payment to bank.


Sachin Jain CA, CS, CWA
07 August 2009 at 19:52

Service tax Credit on Reimbursement

If We are making payment to our C&F Payment for various services. Along with various other payments we are making reimbursements for the amount he is paying to the security services. The security service provider is charging service tax on the invoice raised in the name of C&F agent. We are not able to take the credit of service tax paid by C&F agent to Security Service Provider inspite of the fact that we are reimbursing the whole amount (Incl. Service Tax).

Is there any way by which we can take the credit? It is not possible to get the invoice in our name as there is no contract between us & the Security Service provider. Please support by Act / Notification / Circular / Court Decision etc.


Guest


Please let me know -

Is it necessary / mandatory for a company (whether public or private) to charge depreciation as per schedule XIV of the companies act, 1956 or it can charge depreciation as per section 32 of the Income Tax Act, 1961 in the Financial Statements ?

Kind Regards

Neha


CA.PARAMASIVAM.K

US based foreign company have liaison office at Hyderadbad but they registered wiTH Bangalore ROC. They get RBI permission properly.
Now the liaison office manager approach us to shift there reg office from hyderabad to chennai.
A person do ROC registration work now not in touch with them.
No auditor appointed to indian office till now.
Funds received from US and they spent for salary, cellphone, rent etc and send report to us office.
Also they want to give complaiance certificate as per RBI instruction.
Now they want to appoint us a an auditor of there indian office.
My question is
whether the indian office can appoint us as there auditor for indian office themself or by there US offic only.?
How to shift reg office from one state to other state?
Any formt for appointment of auditor to a liaison office?
we want to intimate this appointment to ROC?
Any format/forms available for RBI Compliance certificate?
Whether March year end accounts to be submited with ROC? wt is the last date for filing of returns wiht ROC?
Dear friends, i give advance thanks who give reply.
Eagerly Expect answers for all my questions.


Arindam Barua
07 August 2009 at 19:01

Equity Research Analyst

Sir,
I am a BCA passout but am interested in the capital market and would like to make a career in it.
I would like to become a stock researcher and in the future a portfolio manager.
Could you pls guide me as to which qualification should i go for.
MBA(Finance),CA, ICWA, CFA.






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