This is with reference to RTP of nov 2009. The problem says that Bid(gbp/euro) = .6858
Ask(gbp/euro) = .6869.
The company has surplus of 725000 euros. To convert it into gbp, i did the following step
1. 725000 euros * bid(gbp/euro)=
725000*.6858 = 497205
I applied bid rate because we sell euros and bank buys euros. Thus i used bid rate (bank prespective)

But the problem is done as 725000*.6869 = 498002.
I feel there is a mistake in RTP solution. Kindly clarify me in this regard.

Is there any committee had been formed for taking consideration regarding reduction of articleship of PCC students. actualy i came to know that there is a committe for this issue but not having any confirm news.anyone who knows anything about this matter please reply.. or send me the link of the same news..

Can we now take the transfer of articleship? plz, help me.

i have cleared my PCC in june09 and my articleship will be completing on 6th of jan 2011 accordingly my funal attempt will be in may011 bt i got to heard that our attempt can get preponded by 6 months i.e. i can be elligible for appearing in NOV10 bt there is no conformation i kindly request you to help and ease out this confusion

can anyone plz forward me suggested answers of IT/SM for pcc june09..plz help urgently.

Dear Experts,


We are doing a residential project in Joint venture in 50-50 Ration. ABC and XYZ companies are doing in JV.
ABC Company has all power and rights developing residential project.
ABC Company is deploying all man powers and equipments for same project and issue a debit note to XYZ each month for Employs or staff are engage with same project debit note is inclusive of service tax.

All the staff is in payroll of ABC Company.

Now my question is should XYZ Company deduct a TDS on Debit notes issued by an ABC company while making a payment.
If yes then why or if not then why. Please guide.

Regards
Ravinder

i have only one month to study for IPCC NOV exam .I want to clear this exam in Nov attempt only . so how should i go .

IF EMPLOYEE SALARY MORE THAN RS 3500 THEN BONUS IS CALCULATE OF 3500.... THIS LIMIT IS CHANGED OR NOT .

PLZ REPLY ME

THANKS

Hello,

Could anyone pls let me know where can i get all the latest judgements applicable for Indirect taxes Nov 09 exam.

Pls send a reply at swati.m1104@gmail.com

Thanks
Swati

Can u suggest which sub to start with for studies as my xam is in may 2010.

also plzzzzzzzz suggst me the books which i can refer for acounts and tax.....

Plz help me