Query 1. What is the minimum age for becoming a director in private company? (Ans : 18 Completion)
Query 2. What is the minimum age for becoming a director in public company? (Ans : 18 Completion)
Query 3. What is the age prescribed for Independent Director? (Ans : 21 Completion)
Query 4. What is the age prescribed for Managing Director? (Ans : 25 Completion)
Kindly correct, if the information mentioned is wrong.

Can anybody tell me the procedure of maintaining the books of excise & also the limit upto which excise is exempted.

Give me a good suggestions to clear CPT in first trial. My email ID is : py4554@gmail.com

Awaiting for your big hand support.

Thanks,
Yagnesh Chauhan

pls could any one say me about how the interviews will be in the big 4?what all are the area i need to prepare for it?

now(on 30.06.09) i am paying F.B.T for the F.Y 2008-09

for 1st q.e amt was 30455.00
2nd q.e amt was 40523.00
3rd q.e amt was 25635.00
last q.e amt was 42520.00

total amt is 139133.00
so what would be interest on F.B.T ? and how will i calculate please teach me

please help

RESPECTED SIR,
I WANT TO KNOW THAT, IN CASE OF INDIVIDUAL RETURN, CAN WE TAKE THE SETOFF OF MEDICAL EXPENSE MADE UPTO 90000/- , IS IT AVAILABLE AS SET-OFF IN INCOME TAX INDIVIDUAL RETURN.

PL GUIDE ME.
THANKING YOU,
V S KONKATI

Dear Sir,

I am a B-Tech, CFA-US L2(results awaiting)candidate. I want to pursue CA as I am strongly inclined to make a career in Finanace. can you please tell me how can I start my preparations, the books required and the registration process.

Thanks
Prakhar

We need to pay commission to a NRI broker, as per IT act u/s 195 the rate is 30.9 %. First do we need to deduct the amount and remit the balance amount outside india. Also do we need to do the grossing up of the amount or not like we do in royalty & technical services.

dear sir n friends ,

An Individual assesse was covered Under 44AB in the last P.Y. , but in the current P.y. he is not covered under audit .so he had to take TAN no in the last P.Y. and had been deducting tax on eligible payments.

the question is does he requires to deduct t.d.s on eligible payments just bcoz he holds tan no.in the next P.Y.,afterall he was not covered under 44AB ?

For confirmation, does the auditor directly has to send letters to the parties or the company sends it and asks to reply directly to the Auditor??