CAclubindia

Queries Replied : 2080

My contact no is 9945842240 and my mail ids are bsrbng69 @ gmail.com and sahanaseena @ gmail.com my address is

B.Srinivasulu & co., Chartered Accountants, No.47, RAR MANISON, 1ST MAIN ROAD, ROAYAN CIRCLE, CHAMARAMAJPET, BANGALORE - 560019.

Preferable time for contact Mon to Sat 8.00PM to 9 PM for clarifications

I am a practicing chartered accountant with 25 years of post qualification experience.

My specialisation is :

Internal Audit of Companies, Statutory Audit of Companies

Audit Bureau of Circulation audit (ABC audit), C&AG audit

Tax Audits, Section 195 Certification, Tranfer Pricing,

Service Tax, Central Excise, Customs,

FEMA, import export formalities, DGFT Licences

KVAT, Karnataka Labour Laws,Karnataka entry tax and Karnataka Luxury tax.om

Karnataka Profession Tax Act, and Karnataka Shop and Establishment Act.

Provident Fund and Employees State Insurance & Payment of Bonus compliances

Preparation of Project reports and CMA data.

Valuation of shares for transfer from NRI to indian and vice versa

I have passion over teaching and

have completed 30 years of service in teaching field and

presently taking classes for CA, ICWA, ACS

in Sri Vidyaganapathi instiute of Caliber Development in Bangalore..

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:

raajjhesh says : TRANSIT SALE U/S 6(2) OF ACT 1956
Dealer started transport division under the same legal entity. The transport division is engaged in transportation of DEALER’S own traded goods as well as goods of other dealers. Dealer is doing major turnover of sales in transit sales u/s 6(2) of C.S.T. Act 1956, for the goods which attract vat of 4% in Maharashtra, and whereas in other states the same product attracts from 4% - 12.5%.. Dealer is purchasing goods from the state of Maharashtra to be consigned to branch at another state address, which is property, bought by DEALER, in another state, and which is not registered under any sale/vat act of the state. Address provided so that supplier can raise the invoice against C.S.T. Dealer has taken the delivery through his own transport division and by endorsement of L.R. “Please Deliver goods of this consignment to xxxx xxxx” goods are sold inter-state from same Vehicle and same quantity. Whether these sales are exempted under section 6(2) of c.s.t. act. Please comment.

Hatib Yazdani says :
Hello Sir Can u give me a format of Board of Resolution for Roc view for PVT LTD CO

poornendu says : audit
is it possible that internal audit can be done by a non CA

Gaurav says : HUF
Hello Sir, Is it possible? As per my opinion it is possible since MR. A's Wife is still Alive

Gaurav says : HUF
Hello Sir, I think you misunderstood the query in the sense that Minor son is of Mr. A's Major Son. Can you please give your notion on the basis of above interpretation?