One of my friend has appeared in PEII in May 2007 and got exemption in one subject (Account) in First group. Now, since then he could not clear the other two subjects in first group.

According to me, his exemption in account will be withdrawn in June 2009 as three attempts are completed from May 2007.

Am I right? Please comment.

My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.

A Pvt. Ltd Co. having capital of Rs. 100000 and reserves of Rs. 150000/-, no bank loan, and some fixed assets and a loan from a director, wants to wind up. What will be the procedure?
Also, the balance left after meeting all obligations and liabilities will be treated as dividend or it simbply be divided into shareholders.
Please ans
It is very urgent

My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.

e-filing of income tax returns started in a.y.2006-07 and then in 2007-08 onwards it expanded...i want to ask for which category of assessee's it is compulsory to file online return?

if in a year, the directors of a company have not proposed dividend or have proposed nil dividend, then is it required to include DECLARATION OF DIVIDEND in the ordinary business of notice of the AGM...

My father wants to give me loan by cheque with a 10 % interest for purchase of flat.

Can i get deduction u/s 80 cfor repayment of loanb and interest u/s 24 interest for housing loan.

They will issue me a letter for purpose of loan which i accept with terms and condition for loan.

ATUL SHAH

can any body send me required ammedments and new case laws for June 2009 Final examinations for both the groups, particularly for the 2nd group.

after big gap at the age of 40 years again I applied for the ca final examinations

Please clarify as to the auditing standards that what is to be refered whether AAS or the new SA's please tell me the effective date

Many Chartered Accountant firms in rajasthan have been informed of the allotment of Bank Branch Audit for the year ended 31.03.2009.However we have not received any communication from any bank though our firm name also appear in the panel released by ICAI. We would like to know whether there is any way to know if we have been appointed branch auditors of any of the PSU Banks for 2008-09.