hi i have joined ca in aug 1999 in ca inter i have completed my article training in aug 2002.but i have not cleared any of the groups of ca inter or pe iind.nov 2007 is my last attempt.what i do i am confused. i am want to rejoin ca for that what i do.



i wanted to know:



1.what i am elgible for next two attempts of pe 2nd till nov 2008 or not?


2.if i am not elgible then what i do to rejoin ?



3.what it is neccessary for every ca student to take 250 hour I.T. training ?becoz i have not taken the IT training
4.what it is neccessary to me that i give the exam of cpt.when i rejoin and go with pcc
please friend give me right information and clear my doubt.i am very thankful for this

Case I:
Electricity paid on 1 october 2004 for the eyar to 30 September 2005 waas 2400 rs and electricity paid on 1 october,2005 for the year to 30 September 2006 was Rs 3200. Electricity payable, as shown in P\L Accounts for the year ended 31-12-2005 would be:
A)2400 B) 3200 C) 2600 D)3000

Case II:
A agrees to sell his Ipod to B at a price B would be able to pay. This agreement is ____(why?)
A)valid B)void c)voidable d)illegal(X)

Case III:
Jadu LTD reissued 2000 shares, which were forfeited by debiting Share forfeiture account by Rs 3000. These shares were reissued at Rs 9 per share. The amt. transferred to Capital reserve a\c wud be a)3000 b) 2000 c)1000 d)none

Case Iv
Cost of exceptional repairs of a non –recurring nature by way, of overhauling of the entire plant is _____
a) Capital Exp. B) Revenue Exp. C)Deferred Rev. exp. D)Capital loss

Case V:
Capital introduced by A on 01.04.05 was Rs 3 lakh. Further capital introduced during the year was Rs 50k in mid of year. Mr A withdrew Rs 2000 each month(on first day each). Interest on drawings is charged @ 5% pa. Profits during the year Rs 20000. Capital at the year end is
a) 345350 b) 395000 c) 346000
Case VI
A,B, C are partners with capital Rs 1 lakh,75k, 50k respectively. On C’s retirement, his share is acquired by A and b in the ratio 6:4 respectively. Gaining ratio is_______
a)3:2 b)2:2 c)2:3 d)none

an partnership firm(an export house of furniture, textile) having turnover 125 crore ,gp ratio is 40% & np ratio is 22%.

there are huge value of stock of rs 30 crore & it is continusouly incrsing from last few year. this year phifically varification of stock was conducted & a shortage of rs 10 crore was found, inspite of this there was devaluation of stock (due to damage & obsolence, out of fashion etc.)of rs 2-3 crore.
now the firm wants to writeoff this amount.but how ,& what will be the consequance of this.& what type of avidance should be collected.

Can any one Please give some guidence (Draft of Time table) to construct a time table for PCC. my exam on Nov-08.

In case of import of services where the responsibility of payment of service tax to the revenue department is of the service receiver whether TDS be deducted on amount after adding service tax amount to the bill amount or the amount billed ? In this case service provider has not included the service tax amount in the bill and CBDT circular talks about "Gross amount of bill".

FOR THE CAPITAL GOODS CENVAT IS APPLICABLE 100% OR 50%,

pl give the answer with example

thanking you

pleae send me CA Nov'2007 Exam Schedule & Exam Centres in Hyd city. Please sir

LET ME KNOW THE RATE OF TDS TOWARDS FOREIGN PAYMENT ON ACCOUNT OF AMC OF SOFTWARE

Hello,

Thanks for the reply. Can you please guide me through the procedure/ provisions of Chapter IX of companies Act 1956 whereby a partnership firm can be directly converted into a private limited company?

Thanks,

Alpa Doshi.






Hello,

I have a client which is a partnership firm. Now, they want the firm to be converted into a private limited company. This private limited company will take over the existing business of the pertnership firm and continue with the same setup.

Kindly guide me the procedure by which the exisitng partnership firm can be converted into the private limited company.

Thanking you in advance.

Regards,

Alpa Doshi.

What is the Accounting code No. of Secondary & Higher Education Cess.