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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sumit says : Audit
Audit report like form 3CA,CD

Amit says : Service tax adjusted
servive tax can be adjusted with input vat?

Syed Shanawaz says : excise duty & Service tax
Dear Sir, Iam the Fabrication and erection contractor of industrial heavy equipment manufacturer of Iron & Steel (like Storage Tanks, Structures, Trusus for Sheds etc) and my firm is excisable Unit in Tamil nadu I got an enquiry from one of my client,their going to Install the new steel plant in Andhra Pradesh for that they asked us to do job work at our works (raw materials is client scope) for the fabrication of trusus work for their shed of their new plant. I have doubt that what is the procedure to raising the bill if the they taken cenvate credit and also I want to know that if their not Interested to taken cenvate credit means how to bill them. At the same time ,we have another doubt how to receive the raw materials from the client’s Supplier they want to attach any challan to send the materials to at our works.

Syed Shanawaz says : excise duty & Service tax
Dear Sir, Iam the Fabrication and erection contractor of industrial heavy equipment manufacturer of Iron & Steel (like Storage Tanks, Structures, Trusus for Sheds etc) and my firm is excisable Unit in Tamil nadu I got an enquiry from one of my client,their going to Install the new steel plant in Andhra Pradesh for that they asked us to do job work at our works (raw materials is client scope) for the fabrication of trusus work for their shed of their new plant. I have doubt that what is the procedure to raising the bill if the they taken cenvate credit and also I want to know that if their not Interested to taken cenvate credit means how to bill them. At the same time ,we have another doubt how to receive the raw materials from the client’s Supplier they want to attach any challan to send the materials to at our works.

H.R.Sampath Kumar says : CFompany law
Since the DRR (Debenture Redemption Reserve) is an appropripation of profit, I feel it can be tranferred to General Reserve after all the underlying Debentures are redemeed. Therafter, as usual, it can be used for issue of Bonus Shares, distribution by way of Dividends, set off of Losses (only for disclosure purposes) etc. I mean it becomes a free Reserve.