While checking the condition of utilization of 85% of income earned by the AOP during the year(u/s 10(23C), which items should be considered to check whether 85% has been used or not?

Should it just be expenses or items like additions to Fixed assets, investments, debtors, addition to bank accounts or addition to cash should also be considered?

What should be done about reduction in bank a/c or cash balances?

Should debtors or advances also be considered?

Please reply.

Hello sir,
I passed group 2 of ipcc in may 2013 and got an exemption in tax in group1. I got registered articles with degree eligibility under direct entry.my ipc attempt under this scheme is in november 2014.Now my doubt is should i write again group 2 and that exempted subject in november 2014 or only remaining failed subjects?kindly provide me the information

Dear Sirs

Is there any relaxation available on requirement of CPE Credit hours of minimum 20 hours in the case of 1st Year of Membership

Please send me the all types of project report for bank finance (CC, TL / Both), PEMGP, New Projects & all.

(You can also mail me at bikasaudit@gmail.com)

Thanx to all who replied & thanx to whom who will at-least try........

I WANT TO KNOW WHETHER INDUSTRIAL TRAINING PROVIDES BETTER KNOWLEDGE & EXPERIENCE.
&
WHETHER I SHOULD OPT FOR IT????

Can we get exemption in two subjects at a time in one attempt in the same group if we fail in the other subjects in that group?

sir, i am bcom 2nd year regular student in college of jodhpur and timing for college is 06am to 09pm or article ship timing is 11am to 05pm or working for articleship in ca-firm which have two branch 1.jodhpur 2. ahmedabad. or i am registered under CA who is practicing at ahmedabad.i want to ask that Institute can raise any query to me for cannot be registered because of attending college in jodhpur but ca in Ahmadabad ?

Im dng dgr final year along vth ca articleship, its been 8 months but i didnt submitted my form 112.Now, i got terminated. As im in search for re-joining, they are asking to submit the form 112. whether i should submit form 112 by attesting from old employer or new employer?

Pls,
Kindly answer the query....
Thanks in advance

HOW TO GET RANK IN IPCC....????

I read that Tamil Nadu High Court has smelled some irregularities in land deal by ICAI top office bearers in Nagpur and has order CBI inquiry. Can anyone please throw some light on this issue about observations of Hon. High Court???