CA CS CIMA Prakash Somani's Expert Profile

Queries Replied : 2223

About me

TAX ON SALARY DATEDIF FORMULA COLOR MAGIC in EXCEL NCFM MBA CA CS SAP Ayurveda Lawyers IndiaStudyChannel Games Linkedin Rediff Gmail INDUSTRIAL TRAINING Bank Audit CFA (US) TDS Service Tax CPE CA Firms Health Budget Yoga Ratio Analysis VAT SOX

Hello everybody, I really don't know where to start from.
I am basically a friendly person but not the one to take the initiative when confronted with a new person. But once the ice is broken, I spare no efforts in charming the other person.
I am an avid reader. Books are my passion. No matter how busy I am, I always manage to find time for reading. I also enjoy good food, Hindi music & a good cup of coffee.
I am a fun loving guy want to enjoy life as much as possible. I like making friends and I am a good friend. I love taking risks.

I am a determined person and works hard to achieve what ever I determines...,I have very strong will power..., full of confidence... a bit extra confident some time but manages to achieve my goals and never gives up attitude.

Always do whatever I think. I live life in my own special way. Always do whatever I think. Make own rules and follow them. Always Thing about these lines, when i do any thing:-

“Quality is never an accident, It is always the result of high intention, sincere effort, intelligent direction and skillful execution; it represents the wise choice of many alternatives”

Ultimate Vision of my life

1. “To be able to look back and not have any major regret – to feel satisfied that I lived a life that mattered.”

2. “The woods are lovely, dark and deep
But I have promises to keep
And miles to go before I sleep
And miles to go before I sleep.”

3. "It's good to be important but it's more important to be good"

I think that’s the best I can describe myself and like I said earlier if you want to know more about me get in touch with me.

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:

dharmeshyogi says : Same members under two bodies
Respected Sir, There are two bodies in a trust. The work of one body has to be approved by the other, but the constitution of the bodies are same i.e. the members of the two bodies are same. Is that possible? even though the it has not been restricted by the bye-laws of the trust. Please reply to my query in details at the earliest and oblige.

DILIP says : excise on capital goods
dear sir i have puchase capital goods but mfg process is not start.total amount of duty in bill is Rs.25000/=how much duty amount i have to show in monthly return er1 is it 50% or 100%.i have not to utilise this duty in present time because the unit is not start yet. pls give me your sugession with your mob. no. regrds, dilip

Jitu says : CS SIP programme
Sir i want to know about SIP programme to executive level,as iam doing job so is it a full time programme or i have to take leave Pls guide

NIMESH MANPURIA says :
sir, plz send me details of 'locked in share'.

KRITI MEHTA says : cash flow statement
Sir, i want to know how do we show advance tax in cash flow statement in two cases 1. if advance tax paid is given in adjustments. 2. if advance tax paid appears in balance sheet itself. thanks a lot sir