hello friends pe-ii
may 2008 my last attempt.so tell me how i study

How to consolidate the Balance sheet? And what is eleminated entries?
If our one unit is in India & another one is in US. Then how do I consolidate the Balance sheet? There is differance in currancy. Means while the consolidation the cost of $ (Dollar) increases or decreases as compare to the date on which the assets are purchased.

Can anybody help me out.

our company giving employees to

reiumbursement of
1.Uniform Allowance
2.Books & periodicals
3.Club & food expenses
4.interest free loans

the above all are exemption given from salaries. but on that expenditure FBT effected or not ?
the above exemption given after submission of bills or not

please sir

There are lot of confusion in the mind of Students Who have completed PE-II ,Nov.07.and who has completed 3 yrs Articleship under old structure.
1.Can they appear for C.A. final exam in May08?
2.What is the exact fees while taking admission to final?(As most have paid one time fees while taking admission to intermediate)
3. I.T. course? is it compulsory?
Pl. suggest.

Can a bank get credit for its reimbursement of Service Tax paid by its DSA (Personal Loan)means a Franchise given by bank for arranging personal loan

I Want to get basis of the your answer, if possible. Also see that it is proper enough to explain my client

Hi Sir / madam

Can I get any deduction u/s 80C or 80CCC, if I invest any amount in LIC, PPF ect. in the name of my sister? she was depends upon me before nov 2007 & I invested before nov 2007. Can I get deduction or Not?

Thanks
Anil

I would just like to thank all the experts for solving our queries.This is really very kind of You.I am thanking on behalf of all the students who are in some or the another problem just like me.You are doing a great service.
Thank you once again....

can any one please help me to know that when would be my final attempt &in old or new course.I had passed out my pe 2 exams in Nov 2007 attempt &had started my training from 1feb.2008

I have served articleship under a principal for 1 year and got termination from him. Thereafter I serveing for another 1 year under another principal. I Understand that the leave entitlement is 1/6 of the articleship period served. My query is that for purpose of 1/6, the period of service shall be including the period of previous principal or under the new principal only?

I kindly request anyone to clarify me in this regard.. Thanks

Additional Depeciation is allowed for all Plant & machinery u.s.32. But it is argued that Wind Farms are not eligible for Additional Depreciation because they are not engaged in manufacture of an article or thing.
Kindly enlighten me on this matter with case law if any.