thanumalayan
01 October 2007 at 12:26

RE REGISTER FOR PCC

1) I was the student of Intermediate course, and have completed articleship, but could not pass any group of Intermediate exams and appeared Professional Education -II but not passed any group;
2) Shall I apply for conversion to Professional Competence Course?
3) Shall I eligible to get transition to Professional Competence Course for the reason that I have not passed Foundation Examination?
4) Whether transition to Professional Competence Course is available only if I have passed Foundation Examination or CPT conducted by the Institute?
5) Shall I get full credit of 3 years of articleship already completed?


Gagan Kumar Kharkwal
01 October 2007 at 11:38

Taxability of Notice Pay

Query 1


Employee working in a company leaves the Job from Company without giving the Notice.
So the Company deducts the Notice Payment at the the time of full & final Settlement of the employee.
Whether Employee would be able to take deduction of Notice payment from his Salary Income

Query 2

The Second Company Reimburses to the Employee the Notice Pay Paid by the employee to the previous company.

Whether the recovery of Notice Pay made my employee from the current Employer would be considered for taxation for computation of Income of Employee.

Kindly quote with relevant Text, judgement or Notification if available


ranjan
01 October 2007 at 10:24

Improving Writing skills

I need to improve my writing skills can any one help me. How to improve my writing skills or any book to refer.


HIMANSHU TIWARI

is this right in poolin interest method in amalgamation that transferor have transfer reserve & surplus in his book to share holders as it is ultimately transfer to transfaree company and amalgamated in his books how could it be ?


HIMANSHU TIWARI

what is entry in case of pre.shareholer should pass in transferor books in purchase & pooling interest methods.Is
this right in PIM method that in tranferor books we have to debited preference shares and credited preference shareholsers then pay it off from consideration received from the transferee company. what ? arises when pc does not includes it how could it be happen.


HIMANSHU TIWARI
01 October 2007 at 10:10

calculation of purchase consideration.

pls solve this.
as no.of time i usually see that purchase consideration includes payment to preference share holders also but as per AS-14 could it be right in sence no. of author used to this technique or only equity share holder are liable to receives P.C.


G Krishnamohan
30 September 2007 at 23:11

TDS remittance

we have deposited TDS amont on 31st march 2007 in the Bank. Being busy day bank gave paying slip asked to collect challan afterwards. after next 2 days of holidays when went to collect challn the bank people for technical reasons not credited challan into IT a/c the took payorder in the name of IT Dept. and cacelled the dd & cr to IT a/c on 3rd April. what are the conseqnces and how to show in audit report.


arunkumar
30 September 2007 at 21:14

TDS remitances

can TDS remiteed in excess or short for a month be adjusted in next month?


sourabh
30 September 2007 at 19:21

COMPUTATION RELATED TO FBT

SIR/MADAM,
MY QUERY IS RELATED WITH FBT. QUERY IS THAT WHETHER EXPENSE RELATED TO INSURANCE ON MOTOR CAR IS CONSIDERED UNDER THE CALCULATION OF FBT OR NOT?
SOURABH


Satish Yadav
30 September 2007 at 18:25

TDS paid twice on same bill

as we have paid tds twice on the same bill , what we should , now what we should do can we claim for that money or we will get the rebate for that money .Pls give the solution as soon as possible , thanks






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