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:

ravi says : Conversion of a Partnership firm into a Pvt. Compa
Sir, We wish to make our Firm into a Pvt. Limited Company without following the route provided in Chapter IX. Is there any other route for the same?

Sushant Dash says : audit reports
Dear sir, we Have a newly formed Public Limited Company with a turnover of Rs. 16,00,000 only with an Authorization share of 5 Lakhs.we did not appionted auditors so far as we are completed our first financial year. he is maintaining the books of accounts and claims that his books of account is correct, as i as a director feels theres lots of manupulation taken places. please suggest us how we have to appiont an external auditor. as considering to me i am a minor share holders and the major share holders are not allowing me to do so, what i have to do, please suggest me

Abhijit Dorle says : Exchange gain / loss - EEFC acc
Dear Sir, Would you Please tell me the ideal accounting treatment for booking of export sales and their realisation through EEFC account. When should the foreign exchange loss/ gain be recognised? Sales booked at Rs. 40000(Rs. 40 x $1000) Receipt in EEFC acc = $ 1000 (Exchange rate on that date = Rs. 42) Do i need to book Gain of Rs. 2000 evenif I dont convert them into Rs.? If yes, whether such unrealised gain will be taxable? While restating EEFC acc on Balance sheet date, how shall i compute translation loss if rate on balance sheet date = Rs. 45 per $?

Jitendra Suresh Fegade says : luxury tax act
1)WHEN WILL BE OWNER OF HOTEL LIABLE TO REGISTER UNDER LUXRY TAX ACT? 2)WHAT SPECIAL DOCUMENTS REQUIRING FOR REGISTRATION OTHER THAN REQUIRED IN VAT REGITRATION? 3)ANY FEES PAYABEL?

Mahesh tiwari says : Info On form 501B?
Hello Sir, We are manufacturer of rcc cement pipes at hyd,we are selling our goods at 14.5% vat.Now the query is: ABC our old customer has bagged tender from govt.for rcc pipes, he approched us for supplying pipes & in return of VAT @ 14.5% would give us FORM 501B. What is it..how do we show in form apvat200, how much vat should we charge him.. in invoice how to show tax rate? plz answer my query sir,, thanking you. Mahesh Tiwari-9392454427.