Which chapters are very important & have weightage from exam point of view.
My attempt is : nov.09 Pcc ,
please tell about both Advanced accounts & company accounts.

Dear all,
Under what conditions, captial reserve can be used for dividends.
Thanks

I want to know in detail how one should audit service tax

HI SENIOURS ! please help me out on this!
I HAVE A FOLLOWING QUERY .
"A FIRM IS MANUFACTURER OF POLES , PIPES ETC(VERY BULKY CONCRETE-MADE).IT TRANSPORTS THE SOLD GOODS TO ITS BUYERS AT THEIR OWN TRUCK NORMALLY AND CHARGES A FREIGHT FROM THEM.ACTUALLY THE SALE INVOICE SHOWS THAT THE AMT. OF FREIGHT IS ADDED TO INVOICE .
PARTY COLLECTS TOTAL AMOUNT INCLUDING FREIGHT FROM THE BUYER.
WHO WILL BE PAYING SERVICE TAX IN THIS CASE?

Dear Sir/Madam,
Please clarify me - what is the maximum renumeration amount the partners can draw from a partnership firm?
Advance thks,
kind regards,
S.Babu.

i need latest cases and important amendments in dt and idt?? can any one provide me?/

Amybody have any idea about the exam of PCC whether it will be held in the month of Nov. or Dec.

The co.(like film co.) initially depsosit the amount in a person (production manager) bank account/given him cheque.

further he incur expenses & provide the actual original bill to the said co.

he has no proof of same.

the said person incurs expenses on some items & Bribe.

how we pass entry.

As these amount are neither his income nor his expenses.

like
may be passed

but not showing

1. Bank a/c dr. 50000(salary)+100000(for expneses)
To media co.

2. expenses dr. 50000
To bank 20000
To Bribe 40000

The co.(like film co.) initially depsosit the amount in a person (production manager) bank account/given him cheque.

further he incur expenses & provide the actual original bill to the said co.

he has no proof of same.

the said person incurs expenses on some items & Bribe.

how we pass entry.

As these amount are neither his income nor his expenses.

like
may be passed

but not showing

1. Bank a/c dr. 50000(salary)+100000(for expneses)
To media co.

2. expenses dr. 50000
To bank 20000
To Bribe 40000

I have no cash credit account. But eventually I have wrongly shown cash credit account in the liabilities side of my balance sheet. The said cash credit account has been carrying forwarded since last 10 years. The said cash credit balance would be positive balance of such bank accounts.

The case was selected for scrutiny and accordingly the A.O. added back the same treating as undisclosed cash credit U/S 68. What is the remedy?