I am a PCC student. I started my articleship in mid- January. I have completed 7 months of training out of 15 months.
My attempt is due in Nov. 09. I am taking transfer from my current firm.
Now,I have to complete further 8 months of training with a gap of 3 more , before I can appear for PCE.
My problem is: My current firm has asked me not to attend office in the meantime , ie ,gap between the day I gave the papers and the day on which they will give it back signed !
Will it cause any problem as according to them, I have ceased to be their article on the day I gave the papers.
Will this time gap (on their part) hinder my attempt?

Thanks

I am a PCC student. I started my articleship in mid- January. I have completed 7 months of training out of 15 months.
My attempt is due in Nov. 09. I am taking transfer from my current firm.
Now,I have to complete further 8 months of training with a gap of 3 more , before I can appear for PCE.
My question is : How much time gap is allowed in this case , between the date of transfer and date of joining the new firm ;so that my attempt is not shifted.This issue is coming up because the new firm will not accept us as their trainee before we get formal transfer.

Kindly solve this issue as soon as possible.Thanks

Suppose we sold material worth rs 100 to a customer

During transit there is a loss of 5 Rs material and customer received material only worth 95/- .Now as per the contract with the transporter ,this loss to be recovered from the transporter

Now there are two ways to account it

1) First approach

Transporter Dr 5
&
Customer Cr 5

2)Second Approach

Sale Dr 5 RS
&
Customer Cr 5 Rs

Then

Transporter Dr 5
&
Misc Income Cr 5


plz let me know which one approach is correct and why ??

Suppose we sold material worth rs 100 to a customer

During transit there is a loss of 5 Rs material and customer received material only worth 95/- .Now as per the contract with the transporter ,this loss to be recovered from the transporter

Now there are two ways to account it

1) First approach

Transporter Dr 5
&
Customer Cr 5

2)Second Approach

Sale Dr 5 RS
&
Customer Cr 5 Rs

Then

Transporter Dr 5
&
Misc Income Cr 5


plz let me know which one approach is correct and why ??

i want to register for CA and write CPT this year. what is the last date for registration if i want to write CPT this year.
can you tell me registration process...............

Mr. kalpesh borrowed a sum of rs. 30 lakhs from the national housing bank towards purchase of a residential flat. the loan amount was disbursed directly to the flat promoter by the bank. though the constuction was completed in may, 2008,repayments towards principal and interest had been made during the year ended 31.3.2008.

in the light of the above facts, state

a) whether MR. kaplesh can claim deduction under section 24 in respect of interest for the assesesment year 2008-09;

b) whether deduction under section 80c can be claimed for the above assessement year, even though the coustruction was completed only after the closure of the year.
pls solve this querry as a student. becuase i want a systematic ANS.

Hi,

I am working with Pvt. Ltd. Co. which had some branches and my senior have arranged a presentation session for this Branch Accountant.
I was told to prepare a Accounting Presentation for this seminar
wherein i have prepare a slideshow to explain accouting work to a fresh accountant from college
i need help in this regard
can anybody help me in this regard

what is the meaning of bridge in IT?

what is the meaning of Z group shares?

Let me know the treatment of
sale of DEPB/VKUY Licence in F.Y. 07-08
of Aprox Rs 25 Lac.
& Balance Licence to be sold as on 31.03.2008 is Approx Rs 15.00 Lac.

Please let me know the treatment of above.
Is the sale of Licence treated as Sale or Other income.
and what can i do for the balance of licence.