I have cleared first group of Ipcc in Nov 09 and second group in Nov 10 my articleship have been started in feb 10 and I have done articleship for 6 month before clearing first group because I converted from Pcc into Ipcc therefore which attempt of CA final I can give.

sir i want to know which accounts to be presented in the tax audit report in case of dissolution of firm. whether realisation account and cash account is to be presented ? since there are no balances in balance sheet how to present balance sheet as on the date of dissolution ? whether nil balance sheet to be presented ?

Q.The assets of ABC ltd.consists of fixed assets & current aassets while its current liabilities comprise bank credit & trade credit in the ratio of 2:1.The following figures & ratios relating to the co. for the year ended Dec.2010 are aavailable:
Share Capital Rs.199500
working capital Rs.45000
gross profit 20%
stock turnover 6
average collection period (2 months)
current ratio 1.5
quick ratio 0.9
reserve & surplus to cash 3

Required: Balance sheet with computations.

Dear all,

Please help me in calculating interest U/s.234B for AY 2009-10 for Companies if Tax on income (after surcharge and educ cess) is 7,08,81,137/- TDS Paid 42,80,990/- no advance tax paid and self assessment tax paid in march 2010 65295969/-. Intimation U/s.143(1) 15-6-2010. Kindly reply immediately it is urgent

I have my CA Final due in May 2013..
I want to do my CA in first attempt (as my CPT & IPCC also went in 1st attempt)
With CA I also want to do MBA from IIM..So I am really studying hard for CAT 2011..

Please help me to track myself so that I can achieve both these super milestones at the earliest age. Currently I am of 20.

I've appeared for the CA Final exam in may and till date i've not done my GMCS course and i've got the seat in Sep batch. So will i be eligible to take part in Campus placement cell to organised by institute in Aug-Sep11

i wanted to know whether CISA can be done on self study basis as there are no class available for CISA in nagpur...
Urgent....
Thanks in advance...

Does Gift Received from Grandmother or any other Relative as per definition of Sec. 56 of Karta of HUF is taxable to HUF. If not Please suugest me why. IF there is any case laws favouring it, Please suggest the name of that.

Should we take sales above rs. 50 crores including excise & vat or not ????????????

Hi ,

I need to know , Vat / Sales tax for Mobile Accessories in Mumbai , Gujarat, Delhi there is lot confusion whether it is 4% or 12.5% or any rate is applicable .Please do advice.