The comnpanies where I gave interviews n resume r taking too much time to respond!!
some also dnt give a firm reply- yes/no.
I wish 2 work in a good co.-somewhat reputed.
Whether to join any small one or wait 4 medium ones 2 reply ?
What will help in this situation?
thanx 4 ur suggestion in advance!

can promoter/ directors and the group can take up shares of a listed company thru preferentail allotment to the tune of 50% of the shares ( i.e 10 crores out of the authorised 20 crores )or there is any limitation as to the % to be taken by promoters by sebi

When accomodation is provided by the employer and the same is charged to the employee, How the HRA will be treated?

And can the accomodation charges be shown as rent paid for exemption u/s 10(13A)?

pls suggest me the RBI Circular no. & date regarding reschedulement & repahsement of Term Loan & Cash Credit.

1) we purchase rise from dealer and export through ship. Delivery terms is FOB. In this case while purchase and sales service tax is liable or not what we paid for transport charges?

2) We rise sales invoice to Importer inclusive of transport cost.In that case while file VAT return we show FOB value(i.e., exempt transport and insurance from sale) or invoice value?

Hi,

If a company reduces the number of its employees (Eg. may be from 500 to 400) in any financial year, Does it have any impact on tax front?

any easy method of calculating Material and Labour variance

Am a CA final student. If i take up ICWA course now do i have to undergo their training as per the new syllabus?

I have appeared for my CA final exam. If i join ICWA now do i have to undergo training as per their new sylabus.?

Facts of the case:-
1) "J" is an HUF as on 31/10/1978 engaged into trading of onions; which is partitioned on that date and existing immovable properties were maintained in the HUF; cash being distributed between J,(Mother) R, S and C(Sons){All unmarried sons}. There is no cash in hand as on that day with HUF.

2) On 1/11/1978 a partnership was entered into by R, S and C (Sons) for carrying out the business which was originally HUF business prior to this date.

3) On 28/04/1980 agri land was purchased in the name of Mr. R and S for Rs. 33000/- (within city limits)However, the sources of funds are not properly accounted for at that period.

4) The partnership was dissolved 31/03/1989 and consequently Mr. R and S are not filing their returns since they have no taxable income and have no PAN also.

5) Today, the land is to be sold and the proceeds are to be distributed among the brothers. Expected sales value is Rs. 3 Crore.

6) The question is how to account for the share to be given to Mr. C who is not owner of the land however, who has claimed his share since in his opinion the land is acquired out of the proceds generated through common source and hence he is entitled to the share of sale proceeds; all brothers have agreed to it.
What treatment is to be given for I.T. Purpose.