please tell me the right way to prepare for cape2 exams for nov2007

i hav given pe2 before two times...last time was short of 40 marks total
got 260 & pass in all papers

kindly guide me right so that i come out stronger this time


thank you

How to utilise time for all 6 subjects in pe2, pls help me out. jus 3 months left for nov '07

I am individual having business turnover below the taxable limit. I have not received the TDS certificate till now from one of my vender. so my return is getiing delayed.
I want to know what will the conciquenses be if i fill my return after due date that is after 31th July.

whether STT is disalowable as espenses on transfer while calculating Capital gain on both Purchase and sale i.e STT should not be added to the cost of acquition of investment and sale consideration should be taken as without deducting STT ? and
under which section ?

when do we need to publish standalone financial statements of subsidiary.

Shall we inform ROC before 31/03/07 for publishing consolidated financials statements.

i want to know tax rate from 1986 to 2000

What is the amount of stri dhan which one can show in his file?

Hi , I am ck chamy ,


a is the trader he wants to buy a material from b ( b wants to buy a material from c ) . The 'a' is going to sell their product ( not a manufacturer) to Z .

I wants to know in every point the lorry is involved so who is liable to pay the service tax and how the end user will get benefit like ( below Rs. 750 / Rs1500 )


C.k.chamy

Dear Caclub user,

Whether a person working with employer other than Central or State government is entitled to Leave salary exemption on leaving the organisation voluntary within eight(8)months of joining it under Section 10(10AA)(ii) of the Income Tax Act?
If possible please provide case law in support of the answer.

As per sec 32 addl depn of 20% eligible for plant & machinery - in case put to use for less than 180 days eligible for deduction at 10%. For eg. if I have taken 10% of Rs.250000, actual cost of P& M installed on 1st Nov 05, I will be taking 25000 deduction in 2005-06 and another 25000 deduction in 2006-07. Is that correct