CA CS CIMA Prakash Somani's Expert Profile

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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:

sandesh says :
want to know Goa Vat rates on Iron & Steel is it 4% or 5%

abhishek sikka says : ADDITIONAL COURSE WID CA
sir i have given ipcc both groups in may2010. i cleared my cpt and 12th in 2009. i m in b.com 1st yr. which additional course along with ca i should opt for-CS OR CWA?

Rohit Kumar says : Exp.
Dear Sirs. This the matter of a charitable trust. I have an estimate for purchase of painting material for the building of trust, on the basis of estimate i have made an advance payment of Rs. 2lac on 26th March, 2010 against the full amt. of Rs. 4 lac, but material was supplied in the month of April, 2010,and bill has also made in the month of APril, 2010. Now the problem is that can i claim the exp.in the financial year 2009-10. Kindly reply at your earliest.

Ashish deoli ipcc says : consignment treatment
sir, even i am confused with the same question.. the same question has been asked in cpt sample papers.

Raj says : Lending business in Hyderabad
Prakash, Your advice was very helpful on these forums. I would like to chat with you if you have few minutes. I live in USA and my brother lives in Hyderabad. We are starting a lending business and I need some advice and guidance from you.