I Person Cleared T.Y.B.com with 1st Class,then also he/she need to Give CPT Exam.its Mandatory Or Not.

friends icai announced that here after application oriented questions will be asked in both pcc and final.my doubt is whether it applicable to all subjects or tax and auditing only? please clarify

Pls suggest that can the date of audit report(Tax audit case) be signed after issue of notice for AGM
Eg.

Dt of Notice 5.09.09
Dt of Audit report 28.09.09
Dt of AGM 30.09.09

Respected Experts and Dear Friends,

recently i am not under any principal(not under training), but i have completed my 2 years of training. because of some reasons i am not able to start my training for next 8 to 10 months.

i want to know can i appear exam to be held in june 10 for PCC 2nd group ? is it necessary to go under principal for appearing exam, i am asking because in exam form (omr sheet) require signature of principal !!!!!

please guide me as soon as possible. !!

thanks

Sir,
I have few querries on Trust for the benefit of minors.I would be highly grateful if you could enlighten me on these issues:-
The issues which come to mind in the case of Trust for the benefit of minors:-
1. Is the formation of such a trust approved by the Income Tax department?
2. In the case of professionals, can they transfer fees from certain clients to the trust? Can this be stated in the trust deed also that, fees from such & such clients will be transferred to the trust? (For eg: - in the case of doctors, they are attached with many industries, and get certain amount from those industries for treating their staff, can such income be transferred to the trusts?)
3. In case the fee from certain clients is transferred to such a trust, and such income is subject to TDS, how can the trust claim TDS refund or take benefit of such TDS in its return? As the TDS certificate will contain name of the client and not the name of trust.
4. If such transfer of income is not possible, what kind of incomes can be transferred to such a trust?
5. The trust will charged at the slab rates of the individual, because none of the beneficiary has income charged at the MMR. Am I correct?
6. Can the trust take advantage of deductions u/s 80 C? If yes, how can the trust pay the LIC premiums, or invest in certain Mutual Funds eligible for 80 C.
7. Can only one trust be formed by one parent for all their children, or separate trusts for different children can be formed?
8. Can mother and father both, as trustees, transfer certain income from their return to such a trust?

CA Shalini Prakash

Hi,
Is FBT is applicable for Nov 2009 Final exams?

Thanks

When Iam processing the TDS returns getting the below error.

ERROR : T-FV-1000 Invalid File Header Record Length

Thanks in advance for the help

If an assesse has owned a room in an shopping complex and he is rented it for 8 months in an year.

did he taken this asset for the calculation of wealth tax and calculate net maintainable rent..?

Dear Experts,

Pls let me know the good book or cd for preparing resolutions and minutes(Practical use)?

1. What is the last date for payment of Membership Fees of ICAI for non-COP holders?
2. What is the amount of Membership Fees?