Hai iam Srikanth i have passed CA foundation in 1998, i have cleared CA pe-2 group 2 in 2006 may .can i appear for 2008 may pe-2 gr-1 exam?.as it is last attempt for me if i dont clear it in 2008 may what is the procedure for appearing pcc. i would be very thankfull if you provide me the information
Thanks.

Plz tell me what points to be seen in the audit of the Redeemable Cumulative preference shares. What is co. law requirements and sebi requirements. I.tax obligations etc.

Let me know friends

The following situation is covered under Punjab VAT act

One of our clients has two branches one at Jallandhar and second at Ludhiana in Punjab.When goods are transferred from Jallandhar branch to Ludhiana branch the VAT invoice is made in respect of same and goods are received at cum VAT price by Ludhiana branch.

It must be noted that both the branches are of a same company.

My question is wether this transaction to self can be regarded as sale(as VAT is only chargeable on sales)? And wether VAT is leviable on sale to self?

What are the supporting section or rules in Punjab VAT act for selfconsumption or branch transfer?

one person open an account with broker and deals regularly. the broker hold the shares in pool account and not transfering the same in clents demat account. he hold share for more than one year. if he sales after that whter it will be long term capital gain or it will be short term capital gain as it is placed in pool account.

(STCG)or Short term capital loss can be set-off only by STCG.But this STCG may be of two types i.e.Earned by delivry (Shares transferes) and by Jobbing System.
Now my query is that whether this Jobbing Short term Capital Loss is capable to be set off & C/F for being set-off??
If Yes Whether by
(i)STCG by Delivery System
(ii)STCG by Jobbing System
(iii)OR Both
Regds/
Anil Jain

What are the Special Cases when TDS deposition is allowed Quarterly in place of 7th of Subsequent Month.

When TDS is basically Advance Tax,Why different rates are there in various Section?

Dear Sir,
I would like to know how Printer should be treated in the books.?
How much Depreciation will be charged to it ?
Should it be included under the head Computers or Office equipments?

Can expenses debited to profit and loss account as prior period expenses (aising as a result of error/ ommision in last years accounts) deductible under income tax act? If not under which section?

Kindly quote notification/circular/section??