CAclubindia

Queries Replied : 26053

Hi.I am Ramesh Krishnan, Associate Memeber of ICWAI & Certified Management Accountant (CMA) by IMA(USA) Working in Bangalore

Award Winner as " Most effective Expert in Caclubindia-2011" My working style always like,

Take life always as challenge,Think positive,

Give involvement on taken task,Donot divert your concentration from the taken task,

Always target your goals and commitment,Your future always better. Jai hind. Thank you for visiting my profile

To reach me : cma.rameshkrishnan @ gmail.com or send PM for queries & professional help

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CMA Abhay Kumar Sinha says : HUF BALANCE SHEET
Sir, One of my client is having ancestral gold worth Rs. 25,20,000/- and we have created a HUF and now I have to file its First Year Return for FY 2014-15. My hesitation is that how I should show this amount in Balance Sheet,Simply by Showing the Jewellery in asset side and capital in the Liability side with some addition of income in capital account. Please Sir,Help me because I have to file return for FY 2014-15... Thanks in advance, CMA Abhay Sinha 9926321606

Jigar Samani says : Export of not?
Company from USA (Buyer) ordered Indian company(seller) to deliver the goods in india somewhere. Sale consideration is received in Foreign Currency. whether is it deemed export ? what are other compliance of RBI in this regard?

Deep says : Outstanding tax demand challan copy not available
Hi Ramesh, I had posted this question on Ca club's forums. http://www.caclubindia.com/forum/details.asp?mod_id=384720&offset=1 I got few replies but I am still not sure which option should I select while replying to the outstanding tax demand. Could you please let me know if we can have a telephonic call in which I will explain to you the issue and then take your advice? Can you let me know if you charge for telephonic consultation? And if you charge what are the charges? Thanks

Priyanka says : CA final second Group or both?
hello sir, as you know only 2 months left for exams, i need some guidance. My status is - in first group i have done only FR and 30% SFM and second group i have completed 3 months back, but i need to revise it again. So sir according to u , i should give only 2nd group or both?

Priyanka says : CA final second Group or both?
hello sir, as you know only 2 months left for exams, i need some guidance. My status is - in first group i have done only FR and 30% SFM and second group i have completed 3 months back, but i need to revise it again. So sir according to u , i should give only 2nd group or both?