Please Guide me what procedure should I adopt for remembering the Case Laws of Corporate Laws, Direct Taxes & Indirect Taxes?

Is each & every Case Law to be mugged up? Or are their any publications in the market which give extensive exam oriented coverage for the Case Laws?

With Regards,
Shefali.

can i take a break after appearing for the PCC exam from articleship so that i can complete my PG course and continue it afterwards under someother ca..pls reply to this query.

During the course of one of my audits i came across an expenditure for the Increase in the Authorised Capital paid to MCA. In the books of accounts the same was debited as preliminary expenses. when i asked a senior CA/my Principal he said the treatment of the exp is correct but couldnt xplain the reason.

Can anyone provide me a reason for the same.

Right to use movable properties like JCB or earth moving equipment to customers .

pe2 attempt extended this is the news in this forum but nothing is mentioned in icai website announcement section
plz tell me trueness of it

after making provision entry it is necessary to reverse

Whether a company, must, make provision for liability arise out of employee benefits as described at AS -15 or as written in AS-29 (retirement benefit as contingent liability).
If the company does not provide such liability, whether the company is liable to be prosecuted or anwerable to any govt. authority.

Company (including its Holding foreign company) has a total turnover more than 50 crores and the indian company has a employee strength of 40.

Dear Sir,

I have the following Queries

1) Suppose a Indian company (Trading Company only Commission Income from the Foreign Customers on account of Sale of there machine in India) Incurred Expenses on behalf of there Foreign Customers who has come for marketing the product in india and The Indian Company is acting as agent of the Foreign Company in india ( Expenses Like Air Tickets,Hotel Charges Car Hire Charges etc)
Expenses bills are raised on the Indian Company
What accounting entry should be passed in the books of Account of Indian Company.

2)Suppose the above mentioned Indian Company raise a Debit Note the Same Expenses Incurred above what accounting entries should be passed in the books of Indian Company

3) In Case of the above transaction is there Tax Implication applicable (FBT,IT and Service Tax)

Regards

Ravi Konda

Dear Sir,
I had taken an Insurance policy and paid the first premium amount on 29.03.2008. The provisional receipt generated is also of the date 29.03.2008. but in the policy documents the policy is shown to be issued on 10.04.2008, please confirm me whether I can claim the deduction u/s 80C in the F.Y. 2007-08, or no as the policy documents are issued in the F.Y. 2008-09.

In case of maintaining the boks of accounts of an Individual the income tax , life insurance ,and bank charges added or substract from the capital or otherwise drawings , would u please tell me what is the basic concept and reason behind this kind of treatment ?