WHAT IS OVERHEADS!EXPLAIN WITH ILLUSTRATION.

I understand the institute is trying to frame rules to streamline dummy articles.
What has astounded me is the stunted & inconsiderate decision taken on transfers. I say this on following accounts:

1) According to the ICAI rules Industrial training can only be taken in the last 12 months. By stressing on barring transfers in the last 12 months the institute has conflicted its own rule.The new rule is vague regarding industrial training.

2) By restricting Students to one principal the institute is trying to freeze out a persons basic human right of freedom.Even if i don't transfer right now the fact that i don't have a choice is very unfair and crippling.
There could be various reasons wherein i don't want to continue with a firm.
* Quality of work * Management, Seniors and work culture * Better opportunities elsewhere. * Exploitation by Principal * The Institute must understand that the rule will be a tool in the hands of the principal who are already overburdening the students.
3) The institute cannot overnight bring changes with such major implications. They must be sensitive and understand it is a students career in question here. Had these rules be dotted out right from the beginning students would weigh their decisions but imposing them in the middle of the curriculum is despotic abuse of authority.
4) The institute is vague in implementation of the rule. No time frame is mentioned and Nothing is mentioned about the transfers in process/ or about cases wherein students have already put in their papers.

5) Also the institute only formulates rules restricting behavior of students. Late night shifts and working more than the hours prescribed is not unusual. The institute should come up with more stringent action against perpetrators.
At the cost of being loud in a public forum
i think that this rule is formulated with the interest of principals in question and gives them absolute power to further exploit, the already overburdened students.
In my opinion the rule regarding transfers is ridiculous and the student community must raise a voice against this and make sure that this unmerited law is not imposed on us.
In this regard i want to know from our experts what course of action can be taken by us ..
Appeal ? Redressal , Court case to ensure that such behavior is not doled out to us.

whether SAPs are applicable for CA June final 2009 exams or AA-S

does anyone know the bcom pass 1st year datesheet.will it clash with my pcc june'09? hw shall i prepare in dat case

I am currently doing my industrial training. I had taken excess leave under my previous employer as an article clerk? My industrial training will be completed on 15th April, 2009. As per CA institute regulation i will have to serve excess leave as an article clerk. So i want to know whether i can serve excess leave under my previous employer? What forms do i need to submit for completion of industrial training as well as for registering serving of excess leave? Do i need to file any other form completion of articleship? If yes whether it has to be file now or after completion of serving of excess leave?

Dear Sir/Madam, I have started a school of Music and wish to know if I am supposed to charge service tax to my students and what would be the rate and any other cess if applicable? Also do I have to take into account the admission fees in addition to the monthly fees?

well....i wanna know one thing...the new announcement says that an article is restricted to take a transfer in the first 6 and last 12 months.....so, can a transfer be taken during the interim period....Further, can a transfer be taken on the grounds of bad and hectic work hours ????

I have registered for my Articleship on 29th April, 2008 (PE-II). When is my Final attempt?. May 2010 or November 2010?.
Kindly reply.

Dear Students/Members
I want to know as to in todays Competitive world where a CPT Student starts a CA Course is Competing with a CA Final(old) Student by means of Articleship as there articles starts after clearing PE II. Dont u think that PE II Student would face fisrtly Inferirity Complex Secondly the student may not be able to earn that a stage of 25-27.Whereas a CPT Student if clears all exams can earn at a early stage of 22-23. What precautions should a Ca Final Student of Old course should take in order to remain alive in this corporate world. I Feel sad for those students. Please reply to this as it is urgent
thanks in advance

Dear sir

1.what is the journal entry for product taken for office use from product purchased for business use