An Articled trainee has completed two years of Articleship.
He has been offered Industrial Training by a reputed company.

Now, the CA whom the student has been undergoing Articleship Training is not allowing the student to go for Industrial Training.
The student informed the CA 6 months back that he is in search of industrial training offers. At that time itself, the CA cautioned that he would not allow the student for Industrial Training.

Whether the CA can refuse to allow the student for industrial Training?
Whether the Industrial Training is only at the mercy of the Principal CA?

What is the Maximum Limit for deduction from Sec80c-80U

There is Pvt. Ltd. Company. Its director withdraw some amt. for his personal purpose and ledger of that director on Co's books of a/c is under loans & Advances then whether it is taken to be as deemed dividend. If yes then whether company is liable for deduct TDS under section 194 on that amt.

I have to prepare the CMA data of a petrol pump. Now the land for the petrol pump was purchased by the owner a few years ago for 6 lacs only now the market value of the land is Rs. 2 crore appl. now while calculating project cost whether bank will assume historical cost or present cost of land. owner can contribute only the land as capital. other capital cost on project is appx. 1 crore. how the financing will be done by bank plz suggest. how should i prepare the CMA.

i have a query regarding issue date of tds certificate to salary/ non salary party.
acc to law the date of issue for salary is 30-04-2008 and for non sa;ary 07-06-2008 but my query is that if last quarter tds is deposited on 14 june then how can we give the 7th date as issue date for certificate
also if in case of salary 30april is last date but if tds is deposited after it what date sholud be for certificate

PLS RPLY ASAP

Please give brief information about deferred Tax & about its calculation.

A company billed a customer with higher amount.Income a/c as well as Debtor(Customer)A/c were posted with higher amount.2 years later the company realises the mistake.What should be the accounting treatment now?

Is the new registration scheme of re-registration after 5 years for CA final applicable for students registered in 1994. How it will apply to such students

Can we pay in cash payment of GR(Goods Receipt) of Rs.25000?

Sir, In last FY we had paid the excess FBT pls tell the treatment for that in books. Whether that amount should be posted at Expenses account.