Can anyone of the CAs/ICWA explain what is overhead absorption and how is it calculated?

Respected Sir,
My query is if assessee has a trading loss then how should it be entered in the books? Is it required to enter each and every transaction and the resultant loss/profits in the books if the transactions are huge? Is it possible simply to debit the loss amount (on the basis of calculations/profit and loss statement) from the bank/cash balance narrating it as loss from speculative trading and loss from non speculative trading? I am asking because the set off of both types of losses is done against specified profits/income only.
My second question is - If the assessee shows big non-speculative trading losses and set off against his income is it a sure shot recepie for scrutiny?
Thanks!

Dear all I am manufacturer of plastic products like all tipes of caps in Gujarat. I want to purchase machinery from out of Gujarat. I am not registered dealer. Can i purchase machineries without form no. 402/ 403. How....???

who issue c form & advantage of c form about purchaser and seller

Define unabsorbed depreciation

Iam a chartered accountant having 3 years expereince in Indirect Taxation & Accounting. I had a good exposure of Auditing during my article ship. now iam working as a Tax Research analyst in MNC and is desirous of pursuing Certified Internal Auditor (CIA) coupled with CISA. Will these two qualifications yield better positions in Auditing irrespective of the fact that my experience is in Taxation and Accounts (Excludung my Articleship)?

unabsorbed depreciation

Sir what is the TDS rate on hire of dedicated server @what rate

mr.A having capital gain of Rs. 70 lakhs
purchased new house in the name of his widow daughter in-law.

can he get exemption u/s 54F?
assessee age is 87 years.

please provide me with some helpful case laws

1)Does sister & daughter-in-law falls under the definition of Relative for giving Gifts under Gift Tax act provisions?

2)How much money can I give to my sister or daughter-in-law in a financial year? Is there any upper limit for giving gifts in terms of money?

3)To whom should I gift the money for exemption under Gift Tax Act?