I passed PE II on july 2007 and enrolled as an articleship student on january 23,2008 and as a final student in new scheme.My querry is:

1)What will be the duration of my articleship its 3 year or 3.5 year as in new scheme?

2)When can i write the final exam, after completion of 2 years of articleship or 2.5 years of training?

the asessee has incured loss besause the business activity was not carried on in the py. and expences has being incured also can depriciation can be charged is their is no business activity is being carried out . the ITO din't allowed that business losess to set of aginst income from other sourses and whole income from other sourse is taxed in ITO order

RESPECTED SIR/ MADAM,

I WANTS TO KNOW HOW TO AUDIT THE DOCUMENTS OF IMPORTED RAW MATERIAL REGARDING DOCUMENTS REQUIRED, LEGAL PROCEDURE, RBI ACTS AND RULES, PAYMENT OF PARTIES AND FINANCE REGARDING THE SAME.

PLEASE PROVIDE THE INFORMATION AS SOON AS POSSIBLE.

REGARDS,

PRABHAKAR

1)Pcc Strategic Management

MRP= 110
Dis=20%
Net Price=90

Authors are :- Sonu Gupta (CA)
Vidhi Juneja
Dr. R.C. Sharma

2) Pcc InformationTechnology

MRP= 220
Dis= 20%
Net Price= 180

Authors are:- Sonu Gupta (CA)
S.K. Monga

Dear Sir

Please can u let me know what is the Fixed Assets depreciation rate as per Companies act.


Naveen.

whether the liabilities arisen on account of loans or borrowings or advance in any form received by the parents without the knowledge of their sons/daughters will bind on the sons/daughtes? if so what are the legal remedies available to the innocent legal heirs?

RESPECTED SIR/ MADAM,

AS PER AS-29, WE HAVE TO MAKE THE PROVISION FOR THE ITEMS WHERE POSSIBILITY OF OCCURANCE " MORE LIKELY THAN NOT".

IN THIS CASE, WE KNOWS THE PROBALITY OF OCCURANCE OF THE ANY OF THE EXPENSES DURING THE PERIOD OF REVIEW.

IN THIS CASE SOME OF THE EXPECTED EXPENSES FALL IN THE AREA WHERE TDS SHOULD BE DEDUCTED ON THE SAME, HOWEVER THE BILL WOULD NOT YET COME.

HENCE I WANT TO KNOW THAT WHETHER WE HAVE TO DEDUCT THE TDS AT THE TIME OF PROVISION OR AT THE TIME OF RECEIVING THE BILL FOR THE SAME.

PLEASE REPLY IT AS SOON AS POSSIBLE.

REGARDS,

PRABHAKAR

IN THE F Y 2007-08 MY PURCHASES IS RS 42 LAKHS AND SALES IS RS 39 LAKHS WHETHER I LIABLE TO GET TAX AUDIT OR NOT BECAUSE MY SALES/TURNOVER/GROSS RECEIPT IS LESS THAN 40 LAKHS IF ANY CASE LAW OR REFERRENCE BOOK FOR CASE LAW

How good is it to have career in KPO?

RESPECTE SIR/ MADAM,

I WANT TO KNOW ABOUT THE REPO MARKET REGARDING WHAT IS THIS AND HOW IT WORKS IN THE MARKET.

REGARDS,

PRABHAKAR