what is the difference between mortgage,pledge and hypothecation (pls explain me with example..)

sir, is it o.k. if i use taxmann's (singhania) book for direct taxes in finals as my main book?

also please suggest a stretegy for using it as it runs into 1000 pages. thanks a lot.

As i can start my reading seriously from march onwards due to some problem.

I have exemption in DT but affraid of MICS and Audit.If i start 3-4 hrs reading of these subjects will it be enough?
If possible suggest me the way of preparation for these two subjects.

And tell me sir passing in 2nd attempt is too bad?

Pls tell me how can i finish whole sylabus of C.A Final in 2 months for May 2009?

As this is my 2nd attempt and i am very much tensed

WE HAVE RECEVIED SUB CONTRACT WORK FOR MANUFACTURING OF ENGINEERING GOODS FROM EPC CIVIL CONTRACTOR WHERE IN WE HAVE RECEIVED ALL THE MATERIAL FREE OF COST FROM OWNER OF THE PROJECT. HOWEVER AS WE HAVE RECEIVED ORDER FROM EPC CONTRACTOR WE WILL RECEIVE AMOUNT FOR ONLY FABRICATION AND ERECTION OF MACHINERY MANUFACTURED BY US.

IN THIS CASE WE HAVE TO CHARGED THE EXCISE DUTY ON WHICH AMOUNT ON OUR SUB-CONTRACT VALUE OR VALUE OF MATERIAL AND OUR SUB-CONTRACT VALUE.

WE HAVE RECEVIED SUB CONTRACT WORK FOR MANUFACTURING OF ENGINEERING GOODS FROM EPC CIVIL CONTRACTOR WHERE IN WE HAVE RECEIVED ALL THE MATERIAL FREE OF COST FROM OWNER OF THE PROJECT. HOWEVER AS WE HAVE RECEIVED ORDER FROM EPC CONTRACTOR WE WILL RECEIVE AMOUNT FOR ONLY FABRICATION AND ERECTION OF MACHINERY MANUFACTURED BY US.

IN THIS CASE WE HAVE TO CHARGED THE EXCISE DUTY ON WHICH AMOUNT ON OUR SUB-CONTRACT VALUE OR VALUE OF MATERIAL AND OUR SUB-CONTRACT VALUE.

Dear Sir i was qualify CPT December-08 i have no idea about choosing PCC or IPCC Which one is better, my frnd said that both(PCC/IPCC)final attempt comes at a time then, how can IPCC better than PCC Pls Clarify the diff between PCC & IPCC Exam Schedule..............

Hello, if i complete my PE-II in the MAy-09 attempt, How long will my articleship period would be? and when will i be eligbile to appear in Final exams?

my brother was doing cable opertor business in a certain area/ network, generaly in the cable business, it is tradition right to do business in that area/ network along with the customers( subscribers ) sale to the party.

now the consideration Rs. 50,00,000/- received for sale of right to business in that area / net work . the amount received whethere capital gain or business income and how it will be taxed, 30% as General Business income or tax under capital gain at 10%/ 20%