Dear All,

I would like to know whether we need to maintain ledger of the Subsidiary in our Indian Accounting records provided the subsidiary is treated as cost centre.

How the section 212 of Companies Act applies in this case?

If Earlier the subsidiary is profit centre but now it is cost centre.

I am having a query that if an individual is dealing in great volume in share market. in the given case it wil be treated under the capital gains or business income?

I want to know the best book (name of the author and publications) for Advanced Accounting.(Refresher)

By best book I mean, a book written in easy and Understandable manner.
Book whose content we can grasp easily.

I know there is no shortcut to success and substitute to hard work but there are suggestions and way to read and learn, if you have the experience and knowledge of such things pls do forward genuine experience to light our future.

Also pls provide any suggestions or learning tips for Advanced Accounting,Cost accounting, Financial management, Theoretical Subjects and Income tax.

Pls get it solved quickly.Pls provide specifically for every aforementioned subjects.

Good morning, we are manufacturer of paper and fabric labels, and adhesive paper is excisable product, we are in the verge of crossing the exemption limit. Now my query is -
service tax on Listing fee or M&S rebate (sales commission ) can be availed as cenvat credit?

ours is MNC based in SA, we have to pay fee to Marks & spencer UK as rebate 5% on all sales of M& S labels made here in India to exporters of Garments which is liable under s.Tax.
also we pay Listing fee to our counter part in UK,SA, towards nomination service, marketing service.

Now can any one please confirm cenvat credit can be availed of this service tax paid?

Thank You all

How can a CA can pursue Career in CAG? How and where to apply? plz reply

Hi ...
Can any one give information about - Information Assets:
1.What are those.
2.Existence of Information aseets in India?
3.Valuation Of Information Assets?
4. Any standards applicable>
5.From where can i know more about Information Assets.

Dear Sir,
I have been enrolled under erstwhile Intermediate course and I have passed Group 1 of Professional Education - II in 1997, but I have exhausted the limit of a maximum of 5 consecutive attempts under PE-II scheme. However, I came to know that the PE-II has been extended till May'09.
In this situation, Can U Please let me know whether I can appear for May'09 PE-II (Group II) exam (Costing, Income Tax & Information Technology)?.

Dear Sir,
I have been enrolled under erstwhile Intermediate course and I have passed Group 1 of Professional Education - II in 1997, but I have exhausted the limit of a maximum of 5 consecutive attempts under PE-II scheme. However, I came to know that the PE-II has been extended till May'09.
In this situation, Can U Please let me know whether I can appear for May'09 PE-II (Group II) exam (Costing, Income Tax & Information Technology)?.

Dear Sir,

We are three family members having rental income of all around Rs.25 lakhs so there is so much burden of tax on us.We can taken all deductions. Is there any way we can reduce the tax by creating a trust or creating a firm.

Thanks.

A person cleared ca intermediate examination in 1998 and also completed his articleship training.Now can he appear in final examination now.

If yes,what is the formalities.