dear all,
which section of companies act provides that a partnership firm cannot become a member of a company?

SHOULD TDS BE DEDUCTED ON NEW SOFTWARE DEVOLEPEMENT EXP ? IF IT IS CUSTOMIZATION OF REGULAR SOFTWARE DOES IT MAKE ANY DEFFERENCE ?
IF TDS BE DEDUCTED,THEN UNDER WHICH SECTION 194C OR 194J ?

dear friend i have completed IInd group of PEIIexamination but as i have avail all my 5 attempt by nov 07 and could not clear my IST group OF PE-II .so can i have re registered in new scheme of institute or is there any no. attempt which is provided to me by institute.i have completed b.com then join ca as exemt from foundation exam. dear friend i i am eligible to do so please helpppppppppp

My friend has given his first Attempt for PE-II in May07 and Nov.07 which he was not able to clear.

He is now planning to give Group-I in May08 and Group-II in PCC in Nov.08 (since for PE-II, may08 is last attempt).

i want to know does he need to do any articleship before giving any PCC attempt. or he will be eligible for PCC nov.08 attempt.

pls. reply earliest.

I m in C.A. final. I want to know that am i officially allowed to do any part time job after the articleship hours.

1.Can Both HRA exemption and loss on HB due to interest(sec 23(2)(b):could not be occupied due to employment) be claimed if both being in different city?
2. what is the resposibility of the employer regading this?

Respected sir

Please let me know how and where I should apply for revaluation. please give address and other details.

Is it necessary to show interest accrued on NSC?...i know that it is available as deduction under section 80c but the problem is that sec 80 c is already more then 1 lac..if i take interest accrued on NSC under income from other sources ,client is getting tax...so is he liable to pay tax?plz reply me as soon as possible.

1. "Profit margin and turn over ratios vary from one industry to another" what industry characteristic account for these variations? Give some contrasting examples to illustrate the answer.

2. Paymenton on a long term note payable affects working capital, whereas payment on a short term note payable does not why?

Dar Sir,
Thank u very much for your reply; but institute FAQ-Students informs the following: how to intrepet the same. Please explain.

.37 Whether a candidate who fails in one or more papers comprised in a group but secures a minimum of 60% marks in any paper or papers of that group will get any exemption under the new scheme?

Ans. Yes, a candidate who fails in one or more papers in a group but secures a minimum of 60% marks in any paper or papers of that group will be eligible to appear in any one or more of the immediately next three following examinations in the paper or papers in which he had secured less than 60% marks and will be required to secure at one attempt a minimum of 40% marks in each such paper or papers and a minimum of 50% of the total marks of all the papers of that group including the paper in which he had secured a minimum of 60% marks in the earlier examination, in order to be declared to have passed in that group. Such a benefit would be available only if he was present in all the papers of that group and has already exhausted earlier exemption if any, granted to him in that group.

If 60 marks scored in a subject it will be exempted or not. In May 07 exam; IT&CST got 64 it is shown is exempted this time in Nov 2007 got 60% in Costing & FM; but not showing exempted or not. Kindly post your views for the same