hi, iam a ca ipcc student doing articleship as well i.e., entered ca through direct degree scheme. now its taking long time to pass out so i wont to quit ca. can somebody help me how to terminate my articleship

Dear Sir
My basic question with regard to 89 relief, should it be rate difference for claiming relief. In my case the current year as well as previous years, he is in higher slab i.e 30% but because of arithmetical calculations he is getting relief. but basic reading of the section is, income is assessed at a rate higher than that at which it would otherwise have been assessed.
please also clarify, 80CCC can be claimed or not, on receipt of arrears.

In chapter of employee stock option plan there is journal entry regarding expense in respect of ESOP recognised during the year

employee compensation expense a/c ...DR
employee stock option outstanding A/C

my query is why employee stock option outstanding is credited ?

Please let me know wheather anyone can purchase any capital assets by paying hard cash Rs. 10 lakhs and above. Is there any income tax objection or violation of any rules of income tax or its Act.is there any formalities to be maintained for purchasing capital assets by cash.
please reply.

Dear Sir

We did not file any service tax return till march 2013.but we participated in VCES scheme
which was up to period December 2012 and we paid tax on the same.but for the period 1/1/13 to 31/3/13 no service was provided so we did not paid any service tax,i want to file service tax return for the period 01/01/13 to 31/03/13 but return form is not available for the period. so i want to know how to file return for the Quarter jan 2013 to Mar 2013 because form is available for 6 month.

pls provide me the proper formet of ca witness in moa and aoa as per companies act 2013.

If a Non Resident assessee not stay a single day in india he has to file return from india or from where he live??

I had read that financial statements and its related reports have to be prepared as per Companies act, 1956. But I wanted to know whether Board's Report, Notice of Annual General Meeting and Annual Return have to be prepared as per Companies Act, 1956?

I hv appeard for TYBAF Exam in April 2014, waiting for my results ,
i want to do CA,Is it compulsory to complete ITT & Orientation before article training?
I hv not completed ITT & Orientation but jouin in CA firm.
Will that period count as Article?
What to do now?

A PVT LTD COMPANY HAVE 1 MANAGING DIRECTOR.

THE COMPANY DOES NOT HAVE ANY FACILITY FOR TRANSPORTATION.

MEANWHILE A CAR BOUGHT BY ITS MD.

NOW COMPANY WANT SUCH CAR TO BE SHOWN UNDER ITS BALANCE SHEET AND IT HAS STARTED PAYING THE LOAN INSTALLMENT FROM ITS CC-ACCOUNT.

CAN COMPANY DO SO?

IF, YES WHAT TYPE OF RESOLUTION NEEDS TO PASSED?

CAN WE CONSIDER IT TO BE PARK OR LOAN TO DIRECTOR?