how the ledger scrutiny should be carried out? what are the main areas where it should be stressed?

Is mat credit constitute any defferd tax asset or to say weather while calculatin g the DTA or DTL should we take into account the mat credit we entitled to.Many public co reports i see they recognize the mat tax credit as income and shown it in to the asset side of b\s. under the head loans&advances. moreover many c.a firm includes the mat tax credit in the deffered tax asset or liability schedual.
also state any guideline provided by icai
and also mention any case law for the same

I,S.Krishna Murty completed my C.A Articles during the years 1990-1993.From 1993 to till date I am in Income Tax and Sales Tax Practice as Income Tax & Sales Tax Practitioner.Due to some personal problems I have not completed my C.A. Is there any posibility to complete my C.A with out doing my Articleship.Kindly advise to me.

Can anyone provide me details of toppers of PCC & PE IIJune 09 with their results?

Assesse is a share broker& member of calcutta stock exchange. He earned a dividend income of Rs. 6.00 lacs in f/y 2006-07 on shares held as stock & as investment. He has no such expenses directly attributable to such dividend income. will sec 14A apply. If not, any ITAT or court decision in favour of the assessee.

Total Loss for f.y 2006-07 was Rs.4 lacs.
Assessee has debited Rs.2.40 lacs in f/y 2006-07 towards rent & maintenance relating to f/y 2004-05 & 2005-06 (Rs. 1.20lacs each yr)which it forgot to debit in the relevant f/ys due to mistake. The A.O wants to treat Rs. 2.40 lacs as concealed income and wants to impose penalty u/s 271 (1)(c). Is it imposable. If yes, What is the calculation. If no, any court decision in favour of the assessee.

i am a propiter of hotel total rent received 25 lacs whether in this case tax audit will be compalsary or not

husband and wife may be partner in one firm

Under Renting of Immovable Property in service tax........ Renting of "THEATRES" are said to be taxable(Explanation 1 to section 65(90a)) and in CBE&C circular no. 109/3/2009-ST dated 23-2-2009 it is said that "Renting of theatre by theatre owner to distributor of film is not taxable"...According to me it means that Renting of theatre is taxable in general but when rented to distributor of film then not taxable...... am i right in the concept or there is something else being told????????????? Please confirm...........

A Charitable educational trust is formed in F.Y. 2007-2008 as per its trust deed and got itself registered under BPT Act 1950 and u/s 12AA only in F.Y. 2008-2009. Whether it has to file income tazx returns for both the year or only for 2nd year? And for audit purpose under BPT Act 1950 and Income tax Audit (if minimum treshold limit of contribution exceeded) , whether audit(under both act) is required for the both year or ony for 2nd year ?