ICAI had recently introduced a 3 month long residential classes for final year students costing Rs. 48000.Initially this is in NCR.

a) Do you think this will gain popularity?

b) if it gains popularity, and students apply to it in large numbers; how will ICAI manage?Will there separate entrance tests with OBC reservations?

ICAI is building its new residential college in jaipur, isn't it?

c)the icai website tells that the fee is heavily subsidised. CA course is affordable to almost all section of society till now as its cost is under 25k for 3.5 yrs minimum.. Now with this new programme which costs Rs 48000 for 3 motnhs....

Pls tell me what are the consequances of leaving the job without notice?

I did not sign any bond but i signed my appointment letter according to which i have to give 45 days notice or equivelent amount i lieu of notice.

I Know legally they can force me to pay the amount if the notice period is not served.

BUT the BIG ques is:can they make any complaint in ICAI or anything which wud be harmful for my CA Membership?

please guideme which firm r required for making partnership to our ca institute

Thank you

A person wants to sell the tree which had been planted by him 20 years back so that its wood can b used in wooden Industry.

but he is confused on the point that is the Money which he ll get in lieu of tree considered as Agricultural Income or income from other sources.

NOTE : The person is working in a private sector co. and has no occupation relating to Agriculture.

in the column of tax deducted by the employer or point no.16, when we try fill the column with some amount, a message appears, and when we proceed with the message it asks a passowrd. please tell the password. it will be great help to me.

By default the coma separator in excel is placed on every 000 (1,000,000.00) but in India we use it first after 000 then after every 00 - like 1,00,00,000.00. Can this format be made/programmed? How?

Dear Shailesh Sir,

Suppose I had paid advance on 30 th Sep 2007 for $ 2000 @ 41 Rs.82000 towards Machinery

Machinery Invoice Booked for $ 10000 @40 Rs. 400000 on 13th Nov 2007

Balance Payment made of Machinery on 15th Nov 2007 for $8000 @40.5 Rs. 324000

Total Payment made for Rs. 406000
& Invoice booked for Rs. 400000

Rs. 6000 it will show in Profit & Loss A/c or Increase Invoice Value Rs. 406000
?

Hey Frndz


I heard that Security Transaction Tax can be claimed as expense from AY 09-10

Hey


Can Security Transaction Tax be claimed as expenditure from A.Y. 09-10?

what is the rate and limit of TDS on payment of Transportation charges