hiii to all my seniors... m a PCC student.. m gng to write my exam in may.. i had started my prep just 3 months ago.. m 50% done with ma all practicle subject i.e. cost, A/c, and Tax.. but theory is untouched so far.. as the exam are approaching m getting very tensed about Law, Audit, IT n SM.. i want suggestion from you what strategy should i adopt to get rid off all theory subjects in 3 months and give at least one more revision to all practicle subjects before sitting i in my exam,, my practicle concept are strong enough to get pass but m very scared of theory as my presentation is also not so gud..plz advise me what to do should i go for one group? but i m in favour of giving both group toghether.. what is ur opinion

It has not yet been decided by the Council of the Institute regarding the exams of May 2009, whether to conduct in May or June.. An announcement was posted on ICAI.org today to clarify this issue, but still the confirmation has not yet been disclosed..? Does any one knows what was the true position to postpone the exam from may to June?Can anyone help me in this regard?

Dear Members of CA Club,

Need your guidance in this situation : -

Passed PE-II Group 1, Waiting for Group-2 Result, This was the 5th attempt.

If passed what to join PCC or IPCC (Which one is better- articleship is due).

If failed then which scheme to switch over PCC or IPCC ?

Although last PE-II exam is in May 2009 ? It will be the 6th attempt, Wether it is allowed for the 6th attempt ?

Waiting for your quick & complete guidance.

could the financial statements of pvt.ltd. revised and whats the requirement should be fullfilled?

What is the difference between IPCC and PCC? Is it beneficial for existing PCC students to join IPCC? Please explain in detail. arvindspeedy@yahoo.com

Hello friends,

I returned to India a couple of months ago after a 6 year stint in the USA. I continue to work for a pharmaceutical giant in NJ, USA. I was made aware of the tax benefits of registering with STPI. I intend to setup a proprietary concern to register for the same. I had met the person in-charge at Hyderabad STPI. The process seems to be laborious and time consuming. I would like to request you to help me in identifying a qualified/efficient CA in Hyderabad to assist me in registering and filing returns every month.

Thank you,
Gautam Reddy G

Hi Frnds,

I am gng to tke my fnal exam in May`010 attempt........ is it very much necessary to go for coaching class for final.....due to sme prblms i wil not be able to go for classes..................
Can u plz guide me which books to be referred and which subjects to take up intially for studies and shld i take compilers at this stage itself.......

Is it true that now PCC/IPCC and Final exams will be held in June and December every year? Please reply.

i cleared dec08 CPT with 121 marks.now these is a confusion in my mind regarding PCC n IPCC.which option is betteri cant make my mind for anything..which wud b benefitial?n what shud i do for ITT?what is basically taught in ITT?

please i need help so that i can decide.

As per the Proviso to Section 32(1)...

50% of the depreciation is allowed, if the asset is put to use for less than 180 days in the previous year..

but if an asset is purchased in Jan 2007 but put to use on Dec 2008, the restriction of 50% of depreciation will not apply i.e. for A.Y. 2009-10 (F.Y. 2008-09) depreciation on the respective asset will be charged at 100% and no depreciation will be charged for the A.Y. 2008-09 (F.Y. 2007-08) as the asset is put to use in the next year.

However, if the asset is put to use in April, 2009, will the respective asset be eligible for depreciation in A.Y. 2009-10 (F.Y. 2008-09), considering the put to use principle...!!!!!