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CMA Ramesh Krishnan's Expert Profile

Queries Replied : 26053

About me

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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dishant chadha says : extension of industrial training
Hello I have recieved an extension for 2 months of training period and i opted for industrial training in last 9 months of my articleship period. Where i can complete my extension period under industrial training or under CA Firm?

caindranil says : please reply
dear members as i joined recently in a manufacturing unit i need help from you my query: suppose A IS AN INTERMEDIATE AND PURCHASING/SELLING FROM/TO THE PERSONS IN THE FOLLOWING WAY 1) A PURCHASING 100 UNITS@100 AND 12% (DUTY) AS A REGISTERED DEALER FROM A MANUFACTURER ,IS MANUFACTURER NEED TO ISSUE INVOICE TO DEALER , WHETHER DUTY INCLUDING OR NOT,WHAT IS THE INVOICE PROFORMA? 2)AFTER ABOVE IF DEALER SELLS TO ANOTHER MANUFACTURER SO WHAT IS HIS INVOICE TO MANUFACTURER WHETHER INCLUDING DUTY IN THE SELLING AMOUNT I.E IF HE IS SELLING TO OTHERS @150(INCREASED PRICE ) 3)WHAT IS THE CASE IF HE IS A UNREGISTERED DEALER IN ABOVE TWO CASE? 4) WHAT IS A CASE IF UNREGISTERED DEALER PURCHASE FIRST THEN SELLS TO A (A REGISTERED DEALER ) SUBSEQUENTLY 5) WHAT IS THE CASE THAT OF ABOVE 4 POSITION THAT THE GOODS PASSED BY A DIRECTLY TO HIS CUSTOMER , SO WHAT FORMS NEDDED , AMOUNT OF DUTY CALCULATION ? IT IS MORE BENIFICIAL TO US IF ONE CAN DRAW A FLOW CHART REGARDING INVOICE RULE DUTY ,TIME IN RESPECT OF EVERY SOURCE AND DESTINATION GUYS PLEASE HELP AND MAKE ME CLEAR EVEN WITH SELF GENERATED EXAMPLE, NOTES ETC AND TAKE THE FOLLOWING CONSIDERATIONS ALSO FOR ABOVE QUESTIONS 1)WHO WILL ISSUE INVOICE(INCLUDING DUTY OR EXCLUDING) AND SUBSEQUENT INVOICE MATTERS IF ANY ? 2)WHO WILL PAY DUTY AS OUTPUT(MEANS PURCHASER OR BUYER)/ 3) UNDER WHAT RULE ISSUE INVOICE? MAIL ID SGCKOL@GMAIL.COM Read more at: http://www.caclubindia.com/experts/modify_message.asp?entry_id=923997

Mohit says : Home Loan Interest rebate - Sale deed needed?
Hi, I am buying a ready to move in flat from a builder, I plan to make complete payment to builder and he will issue "No dues" and "Possession letter" for the flat but I will do registration (sale deed) of flat 6 months later. Interest benefit can be claimed from the time 'When construction is completed' so in this case the construction is completed, all payments are made and i will also have 'Possession letter' for the flat but no registration (sale deed). 1. Will this qualify for home loan Interest rebate? 2. Is Sale Deed (Registration) is must or 'Possession Letter' from builder is sufficient to start claiming Interest rebate?

srividyakaranam says : accounts
hi sir, please help me on this , in our company every month 10000 is drawing for office expenses, and this amount is using for stationaries, tea coffee etc., in cash.. how do i account this.. please help me with d accounting entries. regards, srividya