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.

What kinds of questions I can and can't answer?

My area of expertise

My experience in the area (years):

Organizations I belong to:

Publications or writing which has appeared :

Educational credentials:

Award & Honors:

umashankar vaishnav says : IS IT CORRECT OR NOT IN RESPECT OF DUMMY ARTICLESH
RESPECTED SIR MADAM, I HAVE HEAR ONE INFORMATION IN RESPECT OF THOSE CANDIDATE'S WHO HAVE DONE THEIR ARTICLESHIP BY TAKING DUMMY WAY'S: THAT IN CASE IF ANYBODY INFORM'S OUR CA INSTITUTE OF DELHI HEAD OFFICE THE ARTICLE COMPLETE NAME WITH REGISTRATION NO. INCLUDING THAT CA PROFILES IN WHICH HE TAKE THEIR ARTICLESHIP.THEN OUR INSTITUTE HAVE RIGHT TO TAKE TWO PANELTY STEPS THESE ARE AS FOLLOWS: 1. THAT CA SIX MONTHS PRIVATE PRACTICE BEING STOPPED. 2.THAT CANDIDATE TRAINING PERIOD BEING NOT ADDED AND HE HAS TO STARTS ITS ARTICLESHIP IN NEW WAY'S BY TAKING FAIR ARTICLESHIP IS IT(A) TRUE OR (B) FALSE.

umashankar vaishnav says : Expected Tax Rate Slab For Finance Bill Act, 2008
As per my opinion the Expected Tax Rate Slabs for the cooming Finance Bill, Act 2008 will be as under:(individual only) For individual(other than women & senior citizen): upto Rs.1,25,000- tax rate-nil 12,5001-1,50,000-tax rate-10% 1,50,001-2,50,000-tax rate-20% 2,50,001-10,00,000-tax rate-30% Above-Rs.10,00,000-tax rate-30% surcharge being same as 10% in case of total income exceed Rs.10,00,000. Edu cess being constant at @ 3% For a women being age below 65yrs. upto Rs.1,65,000-tax rate-nil 1,6,5001-2,50,000-tax rate-20% 2,50,001-10,00,000-tax rate-30% Above Rs.10,00,000-tax rate-30% surcharge being same as 10% in case of income exceed Rs.10,00,000. Edu cess being constant at @ 3% For senior citizen (Age remain 65yrs. or above) upto Rs.2,05,000-tax rate-nil 2,05,001-2,50,000-tax rate-20% 2,50,001-10,00,000-tax rate-30% surcharge being same as 10% in case of income exeed Rs.10,00,000. Edu cess @ 3%. post your's opinion in this regards is it (A)Good, (B)Better, (C)Best, (D)Not Bad, (E) very Rediculus. from umashankar vaishnav C.A.-Final

Nagaraju Pogula says : ECB
Hi, I checked with the para in FEMA those are saying that, that lending amount cant be used for the pupose of Woking capital. But we are need of working capital only. I hoping you will help me out with good suggesstions..

S.Srinivasaraghavan says : LIC, PPF & 80C;
The deduction u/s 80 C in the case of sum paid to keep in force an insurance on the life of the individual (who paid the sum of money) his spouce and any child of his alone is qualified. In the case of PPF, it is contribution for the individual.