Hello
I have qualified ca final exam and my article training will be completed on 20.03.2009.

is better to join residential programme or GMCS for me.

hi.

I want to know which are rbi norms to be followed in order to avail foreign loans (ECBs) by an indian company.Please also provide the RBI circular stating it..do reply fast , as its urgent...//


regards,
Tarin Shah

Hello, Please let me know what is the means of Manager under the companies Act? is this term include the Whole time Director also?

Is there any minimum fees for doing Statutory audit?
as I come to know that minimum audit fees should be Rs.5000/-

Gud morning,

Please advise how much NSC amt we can take for the Income tax calculation. For e.g, suppose a male individual is having Rs.100000 NSC, can we avail full amt for the income tax payment .

I know that the under section 80c ceiling upto 100000.

As per the provisions of section 77B of The Companies Act 1956 a Company cannot Buy-Back its Shares throught any subsidiary comapny including it's own subsidiaries.
Can anyone please explain me the logic behind this amended provisions as to why law has specifically prohibited the buyback through such mode?

a)Does a single prop. firm for consultancy for (environmental research) qualify for registration for this act?

b)What sort of books of accounts are mandatory to be maintained under this act?

c)What are the pros. and cons for registration of such firm under this act? Ae their better alternatives and why?

d)Is it mandatory for the proprietor to have the books audited by a CA? Is their a minimum limit above which Audit Report is compulsory.

e)What is the Government website in which i can
i)i can download necessary forms
ii) i can get more info

Suppose there is a single proprietary consulatancy giving consultancy services related to environmental research. What is the limit of turnover in this case for the firmafter which it must have its books of accounts audited by a CA in India.

Sir, in case of goodwill, where the book value is less than the face value, ie30000 is the book value and 50000 is the revalued value, and there are k,l, and m as partners sharing 5:3:2 p/l, how is it accounted where the goodwill is to be written off?

On the retirement of L, N is admitted as new partner.

Instead of writing off 20000 among old partners, how is it that they have illustrated by writing off 50000 itself among k,m, and n?

similarly they have illustrated another sum having book value 40000 and full value 56800, and having A, B, C as partners, and A retires and 56800 is shared between B and C in their ratio. can you please explain me the concept behind this?

We want to import parts and components of computer motherboard and assemble in India. Please tell whether in this case assembling amounts to manufacture under excise law. if yes how much is the excise duty is leviable and the procedure for this. Also tell how much custom duty is payable for importing the motherboard parts and components.if we sell the finished product, i.e. motherboard to clients in bangalore how much vat will be charged.