In case of an Investment company/ banking company accepting deposits, in the ordinary course of business,and such company furnishes name and address of the depositors as a supporting for the list of the constributors. Is that such proof furnished is enough or PAN required?
Furnish with some basis.

Sir, Wishing you and all the member of the Institute a very HAPPY NEW YEAR, Most respectfully I wish to convey thanks to you and institute for the new package to course which will definitely brighten the future of new upcoming CAs.

request you to kindly guide me on the following lines about my son:_
· My son passed 10+2 (CBSE) in March 2008.

· Appeared for CPT June 2008.

· Cleared CPT July 2008

· Registered for Article-ship 30 July 2008 acknowledgement received.

· Registered for 100 hrs IT – April 2009

MY QUWRY IS:-

1. Now, can he switch over to IPCC NOV 2009?


2. Only one part or both parts?

3. When he will be eligible for Finals?

4. When his article ship will be completed?

5. For study course – any classroom study provided by the institute at Jaipur.

6. Syllabus (course contents and level of subject) is same for PCC & IPCC.

7. Study material supplied by the Board of Studies for PCC will be used for IPCC or sapearate material will be supplied for IPCC.

8. FEE TO BE PAID - IF FEE PAID AT THE TIME OF REGISTRATION TO PCC WILL BE ADJUSTED IF YES UPTO WHAT EXTENT.



I apologize to you for taking your valuable time, but I shall be highly oblige of you get your guidance in the matter

RAJIV SINGHAL
1/372, VIDHYA DHAR NAGAR
JAIPUR 302023
91-9413396758

sir ..
i am a pcc student
which is considered better by companies who appoint new ca's. ?
*scoring good in xams by giving it grp wise ( 1 grp in may and other in nov).
or
getting just pass marks but giving both groups in 1 attempt . (both grps in may)??

coz i have 50% of syllabus of grp 2 to be covered and my attempt is due in may 09 ..

do pension recieved frm previous employer comes in meaning of salary for rfa if it is recieved frm present employer

what is the treatment of following items in final accounts if they are given in the trial balance?please tell with reason.
1)stores consumed
2)works extension

m confused with the condition given in the book.plz let me knw the condition clearly.

My client is a resident of Mumbai,and is presently posted to Goa.Can he file his IT returns in Goa.What are the additional formalities involved?Does he need to give ne address proof with his IT Return?

when machinery is at cost is there then while preparing a/c of machinery disposal a/c then depreciation as charged at credit of it?
why?

If in balance sheet op. balance of machinery is 80,000 & cl. is 55,000 & During year a machine costing Rs. 10,000 with accumulated Rs. 3,000 was sold Rs. 5,000 then what is effect to b taken in cash flow statement?
With reason answers plz?

Case pertains to exemption of capital gains tax under Section 54F of Income Tax Act. The capital gain of Rs. X accrued in Dec 2006. As per sec 54F, the amount of capital gains should be used for construction of a house with in 3 years, to claim exemption from income tax. I had purchased a Plot (P) for Rs. Y during Dec 2007 for construction of house and balance i.e. Rs.(X-Y) stands deposited in Capital Gains Saving Scheme.
Meanwhile I have liked another Plot (Q) for construction of my house. Now, I wish to sell the Plot (P)purchased earlier, buy Plot(Q) and construct a house on this Plot before Dec 2009.
I would like to know my Tax liability in the above case.
Thanks