Dolphin Limited proposes to construct a medical unit for workers. The alternatives open are:
- To purchase a building for that purpose costing Rs. 30 lakhs to be payable in 100 equal instalments.
- To purchase the aforesaid building but instead of paying the price in instalments, an agreement would be entered into with the vendor of the building to pay him 10% of the net profits of the company for an in-definite period of time.
- To contribute Rs 30 lakhs to U.P. Government which will construct a building on land owned by it and allow the company to use it as a hospital for its workers through the ownership of the building will rest with the government. Advise the company on his viable option.

A residential property owned by Mr. Gaurav is required by the Punjab Govt. on April 20, 2004 (Cost of Acquisition on 08.07.1981; Rs. 1,00,000). The govt awards Rs 20 lakh as initial compensation out of which Rs 5 lakh is received on March 10, 2007 and Rs, 20 lakh received on July 20,2007. On his appeal, the compensation of Rs. 8 lakh was paid to him on December 12, 2020. Mr Gaurav is a businessman and the date of filling Income Tax Return is October 31, every year. Ascertain the amount of investment and the time of investment for availing the maximum exemption under Section 54.

suggest me tutors 4 CA final's all subjects
all d options available n d best one shud also be mentioned with the alternatives available
reply asap

I have a client who intends to start a Private Limited Company for construction activity business. Can someone help me by sending a soft copy of Memorandum and Articles of Association with regard to Private Limited Company with Authorised Share Capital of Rs.One Lakh in the business of Construction Activities. My email Id is maknash@gmail.com.

Thanking you in anticipation.

I am studying in CA final.My friend suggested me to use the book of Author K.Vaitheeswaran of publication Snow White for IDT.Is it worth reading or should i continue with Bangar? Pls advice

I am a PCC cleared student and interested in doing industrial training. I started my articleship on 9th April 2007 and will b completed on 8th October 2010. When can i do industrial training and for what maximum period. Till now i have aviailied 100 days of leave and still 80 days of leave i have in my account. What r the general office timing in industrial training.

i read about the confirmation of final attempt in case of a person whose articleship gets over on april 2nd 2010 and as answered he is eligible to appear in may 2010. but i jst wnt to confirm wether there is any requirement that articleshp should be completed atlst 3 months before appearing ???? my articleshp will get over on april 2nd 2011 so will i be eligible to appear in may 11........


Pls reply.............

We have purchased and omni car
we have been provided by the assessee only Magma finance corporation statement of installment paid and due
registration certificate with charges of rs. 200/-
and insurance certificate
what is the entry done for this
plzzz solve this query urgent

Our firm is contractors firm
and we have got form no 16A with deduction of vat, security deposits, mis.d deposits, work contracts, TDS.
what is the entry to be done for this
and all the above acc's with contract receipts acc's shld be created under which head
and
why?

if bank statement closing bl. is 2990 and our ledger cl. bl. is 2009 then we take our ledger closing in trial balance then too it gets tallied
how ?
wats the reason