S.Srinivasaraghavan's Expert Profile

Queries Replied : 3560

About me

I am a Chartered Accountant, Cost Accountant and a Company Secretary.

I am attached to Amalgamations group of Chennai. I am also on the Board of some of their group companies, besides being a CFO & CS of Simpson and Company Ltd..

Interested in Carnatic Music, Deep reading of Science and Spiritual books and reconciling scientific truths with spiritual experiences, Travel, Games like tennis, cards etc., Watching documentaries on Animal plannet, Discovery, National geographic etc., Internet browsing - websites of Wikipedia, Nature, Astronomy and Professional forums.

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SIDDHARTH DUGGAR says : SHARE ALLOTMENT MONEY (INVESTMENT)
Sir, My question was, if a co. apply for shares of another co. and pays application money, then on 31st March, that application money paid should come under which head of asset side, if allotment is not made till that date.

nayana says : refund of IT
sir i mean to say in what condition we can get refund from income tax department

Radhika says : director clarification
a. In our opinion, the Balance Sheet and Profit and Loss Account and the Cash flow dealt with by this report comply with the accounting standards referred to in Sub-Section (3C) of Section 211 of the Companies Act 1956 subject to non provision for Gratuity as per Note No. 13 in Schedule “S” which is not in accordance with the Accounting Standard – 15 on ‘Retirement benefits’.

mahesh says : Power Generation Units
Dear Sir, How do you fill dep in ITR 6 for power generation units... is there any clause for such items because the dep slabs are different..

pankaj says : eligibilty
dear sir, i (pankaj bobde) was registered under intermediate course with registration no :mm091860 and i have cleared one group in pe2 in the year 2006 and i have exhausted my attempts, further i have received new registration no from institute( reg no: sro0080238 ) i would like to know whether i am eligible to write november 2008 exam .