CA Tilak Raj Sharma's Expert Profile

Queries Replied : 1277

About me

I have become the member of Institute of Chartered Accountants of India on 16^th Jan. ’08. I have started practicing as Chartered Accountants since March 2008.

Before completing my chartered accountancy, I had worked with two UK based Accounting BPO Co. at Chandigarh. I have worked as a as Accounting Manager with Just Financial Outsourcing (P) Ltd from Dec. 2005 to Feb. 2008. I have a very good experience to work with UK Accounting firms and deals in all area like Accounting, Personal Tax, Corporate Tax and Co. Law matters.

Now I am doing practice with firm name "Tilak Varun & Associates" having office at Solan (H.P.) and Chandigarh. We are three partners. We are dealing all area of Indian Accounting and Taxation. I personally still provide advise on UK personal tax matters and prepare the returns.

Income tax is my favourite area of practice.

You can contact me on ca.tilakrajsharma@yahoo.com & +91 9805028580.

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pratibha satam says : RBI REgulation
want to know abt the RBI regulation foreign- NRI investment in Indian Project Ex - one private limited company collect the fund for one of their project from the number of NRIs . on the share of profit from this project subject to their % contribution to the project. what it is legal and statutory obligation require

pratibha satam says : RBI REgulation
want to know abt the RBI regulation foreign- NRI investment in Indian Project Ex - one private limited company collect the fund for one of their project from the number of NRIs . on the share of profit from this project subject to their % contribution to the project. what it is legal and statutory obligation require

K.SRIVATSAN says : VAT on hire charges
Sir I am colleting charges for chip treatment work (which includes fork lift) from companies. They are paying the Hire charges with service tax amount. But now the sales tax officer contended that tnvat is applicable to the fork lift hire charges since it is given to the companies on hire/lease basis.And he is further arguing that vat is applicable even to the hire charges received for car/van from the companies. And he is compelling me to pay the VAT for the Fork lift hire charges. Now I request you to kindly clarify the things with relevant supporting evidences, so that I can able to convince the sales tax officer. with regards K.SRIVATSAN

Naveen says : Minimum alternative tax
Good afternoon Sir, I am a ca student and has some problem in understanding mat. in the new budget it is purposed that the loss can be carried forward for 10 yrs. but we have to pay mat wheather the firms earns profit or it is in loss. pls. help me with example. also discuss the advance tax how it is calculated and payment procedure.

CA. abhinav kumar says : PENAL PROVISION OF SERVICE TAX
sir can u please guide me regarding penal provision for delay in payment of service tax arrears. if i paid service tax of year 2007-08 in the month of may 09 including interest @13% p.a on dues under sec75. In that case can i liable to penalty under sec 76 for the period of default?