Hi Fellow People,
job prospects and growth in future.I have taken 4 attempts for CA final and PE-II,will this effect my career growth.i know that they consider attempts for the FIRST JOB , but will that matter in future jobs . Or can my hard work in job cover my disadvantage.plz reply i am tensed about my future.

sir,
1.what is the latest amendment on the maximum number of audits by an auditor as per section 224 (1B).

2.what is the maximum amount of salary of a relative of a director or officer, for which approval of central Govt. and special resolution required as per section 314

1) I had perused the new Training Guide on the Institute website which was posted on 12/06/2007. In the same it was given that the Entitlement of Leave is 1/6th of Actual Period served instead of the earlier 1/7th pf Actual period served. We have a group of articled clerks who had joined our firm in November 2004 and who are continuing in our firm as articles currently. Please clarify whether the new training guide will be applicable to them also, with regard to the Entitlement of Leave based on actual period served, i.e. whether Leave entitlement is 1/7th or 1/6th of actual period served?

2) In calcluating the Total Leave taken(other than weekly holidays), are intervening sundays and national holidays, arising during the period of leave, included in the same?

Sir, One of our client has an export T.O. of Rs 1.5 Crores and local T.O. of Rs 1.5 Crore. The export sale are not made to any associated enterprises, the debtor is no way connected to our company. In such a scenario whether the provision of audit report and maintenance of books of accounts under the transfer pricing provisions will be applicable or not.
Please give your valuable opinion on the same.
Kind Regards
Uday Bathia.

Sir,
my brother has been taken a house property loan on the house of our father. The house is in the name of our father. So father become co owner for the loan. As bank told us that you cannot apply alone. This loan is in the nature of renovation & repairs intt. limit is Rs.35000. Bank create a loan account and we with draw money from that account. So at the time of filing Return If my father will not take 50% of interest part in his Return can my brother will take the 100% of interest in his return to reduce tax liability. As my brother has been paying all the EMIs. As property is not in the name of my brother even not jointly with our father is there any chance of disallowing interest inbrother's Return
Please advice.
deb4865@gmail.com
ca.deb2006@icai.org
Regards,
CA.Deb.

I cleared CPT in May 2007 and i regesterd for PCC in the month of june I wanted to know if i clear my PCC exams in the first attempt, will i be elegible to write my final exams in november 2010. My duration of articled training gets over in december 2010 so tell me whether i can appear in nov exams or i should wait till May 2011.

Please help me on the Service Tax Utilization in respect of Services received from Goods Transport Agency. Any case law available in this regards?

An indian co demerges into 2 entities by transfer of assets at book value. Section 47 exempts such transactions from capital gains.

One of the demerged entities transfers all such assets to an overseas SPV.

Will this transfer be tax exempt, though SPV continues to be wholly owned or 75%+ owned subsidiary of the demerged company.

Pl comment with references to the case laws.

hi my dear friends & adviser
i am a student of pcc.for examination nov.2008. i had cleared my cpt in feb2007 & from march20 i started my articleship.now before a month a letter from institute came to me regarding re-registration because of non-vacancy.actually in my firm there were some articled who finished their training already but not terminated in the eye's of institute. then i submitted their form of completion of articleship so that in place of those i may continue my articleship. but i have not got any reply even after 15-20 days.
pleas suggest me i am really anxious & because of which i am not concentrating my study.
urgent reply me on:-impankaj19892caclubindia.com

hi my dear friends & adviser
i am a student of pcc.for examination nov.2008. i had cleared my cpt in feb2007 & from march20 i started my articleship.now before a month a letter from institute came to me regarding re-registration because of non-vacancy.actually in my firm there were some articled who finished their training already but not terminated in the eye's of institute. then i submitted their form of completion of articleship so that in place of those i may continue my articleship. but i have not got any reply even after 15-20 days.
pleas suggest me i am really anxious & because of which i am not concentrating my study.
urgent reply me on:-impankaj19892caclubindia.com