I am an article in audit firm.

I gained knowledge in statutory audit , VAT audit ,tax audit & bank audit

I repeated the same audit of the same company thrice, i feel nothing more is there to gain knowledge

I gave an interview in CA Firm , where i cleared interview and was told to join Indirect Taxes dept. I m permitted time to decide to join firm or not.

I m confused to join firm as many students and ca told me that direct tax and Audit field has more scope than indirect tax

Plz give me proper guidance

what is irr and the formula to calcualte the same ? wha tis the basis of decesion

Dear Friends,

I am looking for some home based job in mumbai. If anybody has any information/details on this then please let me know.

I have tried many news paper ADs and wesites but I found that most of them are fake.

SO please give me some trusted details.

Ritesh

Pl provide the form of application for applying IEC Code/number

10

Dear Sir,
Can you please explain me whether the theory of adding the swap points to the spot rate to obtain the forward rate when the swap points are in increasing trend and deducting the swap points from the spot rate to find out the forward rate when the swap points are in decreasing trend is always true or are there any exceptions.
i mean if only swap basis points are available and spot rates(buy/offer rate) are available then we can find out the forward rate by adding or deducting the swap points to the spot rates in case of increasing or decreasing trends respectively. let us take an example:
suppose the spot rate is 1US$ = Rs. 40/42
and the int. rate in India is 10% and in USA it is 8%, then as per IRP theorem, the forward rate shall be computed as Rs. 40.74/42.78, this means swap points are 74/78 (increasing trend), so here we will add this to spot rate rs. 40/42 to get 40.74/42.78. Now let us change the exchange rate, in India the int. rate is 8% and in USA the int. rate is 10%, now as per IRP Theorem the forward rate shall be rs. 39.27/41.24, here the swap points are 74/76 (again increasing trend) but now we can't add this to the spot rate to get the forward rate. So how can we say that the swap points are to be added/deducted to the spot rates in case of increasing trend / decreasing trend.
if the above theory is correct then plz. explain how we can identify whether to add or deduct the points to the spot rates in case only the swap points and the spot rates are given.
i am really confused.
Awaiting your reply asap.

Thanks
gargi.

are articled asst allowed concessions in railwyas.. if yes, plz give details

if we do not file acknowledgement within 15 days of filing return

and if we file late say after 1 month

what are the consequences?

Dear Sir/Madam,
A company takes service of a electrician in it's premises and electrician is not registered under ESI.Whether ESI is deductible by the company being immediate employer,If yes at what amount ESI should be deducted when material is also used by the electrician.(Electrician is a firm)

Please reply soon and refer relevant sections/provisions.

Thank you,
Sachin garg

can any boby tell me address of some of the good coching centers in chandigarh and delhi