i have cleared cpt in 2012.my ipcc 2nd attept in nov.2012.can i have cleared mcom. also can convert in to direct entry.so what i have to do.

my 2nd year of articleship gets over in march and I want to do Industrial training in finance sector.. is that a good option? if yes can any1 help me with good finance companies and also should I start applying from now ?

how to register a propriotership for to pvt ltd....?

If assessee is engaged in "specified/notified profession/business, & its gross receipt in any of last 3 preceding P.Y. exceeds Rs.1,20,000, maintaining specified books of accounts is mandatory. Similarly if assessee is engaged in "non-specified profession/business" and its gross receipt/turnover in any of last 3 preceding PY is exceeds Rs. 10,00,000 or if total income exceeds Rs. 1,50,000, he has to maintained specified books of accounts.

But today tax audit limit is 1 crore, so obviously EVERY ASSESSEE to whom tax audit is applicable, has to mandatorily maintained books of a/c as mentioned in section 44AA. Is my view correct??

My query is i have consturction co. and get contract with powergrid supply of tower and releted to its. now i purch. tower material from xyz and sale in transit to powergrid goods put in store and LR copy consignee name is powergrid , on purchases invoice raise to powergrid but matter is xyz supply tower material In a lot type a,b,c amount of 1.5lac but we have now useless of b & c type now and bill raise to powergride Rs.1lac and powergrid provide Form-c for tower material for Rs.1 lac. Now ,is Rs .5 lac eligible to sale-in-transit this amount of material also use in next month/Quarter. Please send me answer this case is related to Madhya pradesh.

Dear All,

I had applied for Inspection & certified copies of Answer sheers for MAY'13 Papers of (Units 8) on 6th Aug.

On checking online status for the same it shows no records found & still awaiting for reply.
Please guide on same.

If an assessee (individual) maintains his own Personal Balance Sheet and he has two proprietory concerns which are in audit for which separate balancesheets are maintained, then which balance sheet to be uploaded and how?
And also keen to know whether the attached balance sheet and profit & loss account must be signed or not.

Please reply soonest.

An assessee has purchased a imported machinery on letter of credit.
on due date of opening of LC, assessee could not make the payment hence bank fulfilled the obligations and all interest charges were debited to assessee. Assessee received the machinery. But bank gave another due date to assessee for fulfillment of LC and again charged the interest and other charges to assessee.
What to do of interest debited to assessee's account prior to machinery received and after it is received?

CA Final -In May 2014 Exam New Company Act will Be Applicable

In case of a builder having on land and raising structure thereon with its own workforce and procuring building material from registered dealers after paying full tax on sale invoices, does he need to obtain registration under UP VAT ACT