i have purchase reliance mutual fund of Rs. one crore in weekly dividend re-investment plan in april and redeem some unit after each month of Rs. 500000.00
what should be the value of investment as on 31st march 2008 in B/S.
when we invest then entry done
investment Dr. Rs one crore
to bank Rs one crore

when redeem then
bank
to investment

is there any capital gain on the redeem is STT has been deducted on the redeem value?

well, I would like to start my self study for preparation of PCC a/cs...I would like to know where to start ??.. I mean what are the areas with more weithage which needs more concentration??...

Can someone guide me whether Rubber stamp can be used for the purpose of certification of form 16A/16AA?
It would be better if you mention the related law or circular reference.

Thanks,
CA Abhishek Jain

what is the procedure for paying professional tax of directors if registration no. of the company is not available??...

Our company wants to change the method of depriciation , so what are its after effects...does it have a retrospective effect???...do we need to change the whole set of a/cs??...

Can any one out there tell me what buying and selling prices of a dollar mean by??

I have gone through RBI's website as well as Economic times website for todays dollar exchange rate, but I find a difference in their statistics.How is it possible??..

Dear Sir,
I Have the following Queries
1) When a partnership firm has a Slump Sale on 01/4/07 with a Private Limited Company. Whether the partnership firm has to file the Income Tax Return for the F.Y. 2007-2008.No business activity is carried on after 31/03/07.

2) Whether in the above case the Partenership firm has to Surrender the PAN Card on account of Slump Sale if Yes than what is the Procedure

Regards

Ravi Kiran

Hello Sir,
I am in a Dilemma regarding doing articleship from a top firm or a mediocre firm....just tell me advantages and limitations....of both
at the time of articleship
during the job
as well as if i opt for practice......Thanks
Sachin

i want ask that students of pe 2 who have joined pe2 on graduation basis and not able to qualify may 2008 exams ,will be given pcc nov 08 attempt and what prcedure to be followed if they are not passing pe2 exams of may 08

Hi

Is there any service tax libilities possed by the RBI or the Income Tax authority on the payment send to abroad.kindly refer the circular also if any.