CMA Ramesh Krishnan's Expert Profile

Queries Replied : 26053

Hi.I am Ramesh Krishnan, Associate Memeber of ICWAI & Certified Management Accountant (CMA) by IMA(USA) Working in Bangalore

Award Winner as " Most effective Expert in Caclubindia-2011" My working style always like,

Take life always as challenge,Think positive,

Give involvement on taken task,Donot divert your concentration from the taken task,

Always target your goals and commitment,Your future always better. Jai hind. Thank you for visiting my profile

To reach me : cma.rameshkrishnan @ gmail.com or send PM for queries & professional help

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Rahul Prasad says : ITR
Dear sir, can you please clear my one doubt regarding filling of ITR for FY 2015-16. As per previous law we can file it till 31st march 2018. But in recent budget it has been said that now from 1st April 2017 only one return can be filed. Now we can file two year return at a time. However I am not getting any circular or notification for it. But even all CA are saying that after 31st march 2017 only FY 2016-17 return can be filed.

Karthik says : Trading of motor vehicles&Commission income
Gud evng sir Mr x has a motar vehicle trading business and coconut commission business then trading of motor vehicles can be shown as sec44ad presumptive income ???? And commission can be directly show??? Whether Compulsory need to maintain books of accounts Trading of motor vehicles 460000 turn over and profits 50000 commission business 1lakh income Please explain me sir

R P Das says : HELP REGARDING EXPORT INFORMATION
Hello Sir, I want to export pure silk products & already got the IEC. What should be the next step in order to move forward? Please suggest. Thanks Read more at: http://www.caclubindia.com/experts/experts_profile.asp?member_id=94632

CMA Abhay Kumar Sinha says : HUF BALANCE SHEET
Sir, One of my client is having ancestral gold worth Rs. 25,20,000/- and we have created a HUF and now I have to file its First Year Return for FY 2014-15. My hesitation is that how I should show this amount in Balance Sheet,Simply by Showing the Jewellery in asset side and capital in the Liability side with some addition of income in capital account. Please Sir,Help me because I have to file return for FY 2014-15... Thanks in advance, CMA Abhay Sinha 9926321606

Jigar Samani says : Export of not?
Company from USA (Buyer) ordered Indian company(seller) to deliver the goods in india somewhere. Sale consideration is received in Foreign Currency. whether is it deemed export ? what are other compliance of RBI in this regard?