CAclubindia

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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CHEZHIYAN says : HI
Hey can u answer my query

Deepak says : wow!!
sir, u r a genius... i ahve gone thru ur profile. its really impeccable.

S.Srinivasaraghavan says : Section 10B
Ms. Asha, I do not understand 1.How you can transfer without there being a sale and 2. How the remittance can be unless it is towards that sale.

asha fernandes says : sec 10B
sir regarding the clarification u wanted: 1)the indian subsidiary gets money to meet the cost. there are inward remittances from parent company. 2)what i mean by transfer is -- the subsidiary after it finishes work sends the developed software to its parent company for its use