In case of a related party transaction between a company & a partnership firm, is it necessary to disclose the profit earned by the company from the firm in the company's P&L account??

What is the Percentage of Depreciation to be calculated for Television and Stabilizer(for the assessment year 2006-07).Will Stabilizer comes under Electrical Fittings category.

If leasehold land amortised whether amortised amount is allowable expenditure under the I T Act,1961.

The following example can illustrate the query
Eg: Leasehold amortisation amount o Rs.1000/-

Taxable Profit Rs.15000/-
less: aortisation 1000/-
Taxable profit Rs.14000/- after amortisation

Hi

If i complete PE 2 can i do my articleship abroad if yes then in which of the countries can i pursue articleship for CA

Hi

I am working and going to give my exams in Nov'08

I cant quit my job and do the articleship training for 3and half years... my financial status does support that

Is there any way that i can continue with my present company and still be able to do that articleship in my own company or work around this in any way

Is it compulsory to do articleship in audit firm only?

A hotel operated by a company has 180 single rooms and 60 double rooms. The rent of the double rooms is set at 160% of the rent of the single rooms. The operational costs per day per room are estimated as under :

Variable costs per day for a single room and a double room are Rs.300 and Rs.500 respectively.
Fixed costs per day for a single room and a double room are Rs.500 and Rs.780 respectively.


The average occupancy of both the single rooms and double rooms is expected to be 85% throughout a year of 365 days. In fixing the room rent, the company desires to earn a margin of safety of 20% on its tariff.
Required :
(i) Calculate the tariff per day per (1) Single room and (2) Double room.

(ii)

The hotel intends to reserve the normal occupancy of 12 single rooms for one of its valued corporate customers at a discount (excluding tax) of 10% of the rent What increase in the occupancy of the remaining single room days is required to compensate the loss arising from the discount.

Hii
I have registered to appear for both groups of CA final in May 2008 however i m prepared for only group 2 is it ok if i directly attend the grp 2 papers without attempting the group 1
will i be considered passed for group 2 or if i get an exemption will it be considered
please help and clarify at your earliest
THanks

can an assessee avail cenvat credit on capital goods purchased before getting the registration with service tax department.

along with name of publishers and full name of the book.

Is Indian CA recognized in UK? Will it be beneficial to pursue any of the courses in UK ?If so which one ICASW,ACCA or CIMA or any other course. As I wish to make a career in Internal Audit in UK.