CA CPT

CPT Application Form and Exam Date for December 2018

Good news for the CA CPT students who are preparing to appear in CA CPT Dec 2018 Examinations. ICAI has announced the CPT Exam Date for December 2018 attempt which will be held on Sunday, 16th December 2018. CA CPT is a completely objective type multiple choice questions based examination. Students are allowed to choose the question paper booklet in either English or Hindi Medium for answering them. Download CA CPT Study Material for Dec 2018 attempt from the given link.  The Exam for the CA CPT will conduct in two sessions as given below on 196 center(s) in India and

CA IPCC

CA IPCC Date Sheet / Time Table for November 2018 Examination

Alert!! All the CA IPCC Students who are preparing for Nov 2018 attempt. ICAI has finally declared CA IPCC Date Sheet for November 2018 attempt by the notification dated 25/07/2018. Students looking for CA Intermediate date sheet click here. According to such notification, ICAI will start conducting CA IPCC Nov 2018 exams from 2nd Nov and will last till 16th Nov 2018. Timetable issued by ICAI states that all the papers consist of one day preparation leave except Paper III “Cost Accounting and Financial Management. CA IPCC Date Sheet / Time Table for November 2018 CA IPCC Time Table for

CA Final

CA Final Application Form November 2018 – Complete Procedure!

Students who are going to appear in November 2018 Examinations have to fill the CA Final application form to become eligible for such exam. Candidates can apply for such examination from the ICAI official site icaiexam.icai.org. Students can also apply from the link given below on this page. On this page, we are sharing with you the CA Final Application Form Procedure, important dates regarding such, fee details and all the relevant information related with CA Final Application Form Nov 2018. Students looking for CA Final May 2018 result or CA Final Time Table can download such from the given

CA Final

CA Final Date Sheet / Timetable for November 2018

ICAI has announced the CA Final Date sheet for November 2018  attempt with the notification dated 25th July 2018. As per the said notification, ICAI will conduct CA Final November 2018 Exams for both old and new course from 1st November 2018 and the same will end on 17th Nov 2018. ICAI CA Final timetable for November 2018 exam states that every paper has one-day preparation leave expect Corporate and Allied Laws which has three days preparation leave. CA Final Date Sheet for November 2018 (Old Course) Paper Subject Group Date Day Paper 1 Financial Reporting Group I 1st Nov

Featured

Section 148 of Income Tax Act of India

Assessing Officer has a power to issue notice under section 148 of income tax act wherein any income has been escaped from being taxed which is subject to the provisions of Sec 147 to Sec 153. Notice u/s 148 gives a power to the A.O. to assess or reassess the Income which comes into notice before and during the assessment. Notice under section 148 issued by A.O. is like an intimation to the assessee where he has to prove why he shall not be assessed under section 147. The assessee is required to respond to the notice within 30 days

Featured

New Slab of Income Tax in India For F.Y. 2018-19 and A.Y. 2019-20

Tax Structure in India is far different from other developed countries. Income Tax Act, 1961 has defined a slab of Income tax on the basis of which every person is required to pay tax in the country. Tax collected by the Government in the form of Income Tax is Direct Tax which is used by the Govt. for the various public purposes such a defense, improvement of infrastructure, salaries to the Govt Employees etc. The basic exemption limit under the Income Tax Act, 1961 is Rs 2,50,000 for both Individuals and HUF. No such limit has been defined for Companies,

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Who is Required to File Income Tax Return in India and Who is Not

Income Tax Law in India is much more complicated than any other country. Here, return filing under Income Tax Law is not mandatory for every Person. It has been based on many factors such as age, salary, residential status as well as income sources in any other country. Read the article below and know that who is required to file income tax return and who is not required to file an income tax return.  Income Tax Act, 1961 has defined a basic exemption limit for Individuals and HUF. Therefore,  Individuals and HUF are required to file Income Tax Return only

Chartered Accountant, Featured

ICAI Industrial Training, Eligibility, Period, Procedure and Working Hours.

First of all, students shall note that ICAI Industrial Training is not a mandatory part of Chartered Accountancy course like articleship training. The motto behind ICAI to implement industrial training in CA curriculum is to provide industries, members with adequate knowledge and background of Industrial functioning. ICAI Industrial Training gives an opportunity to the articles to develop a problem-solving attitude and also have an insight into the functioning of the accounts department in an industrial/commercial or financial environment. It gives them a practical experience and makes them capable to work in a team and also correlate with the members of

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Rates of Depreciation as Per Income Tax Act

As we know that Income Tax does not provide the complete deduction of Capital assets in the year of purchase. Capital Assets are depreciated over the period of time. Income Tax Act 1961, has provided the methods and rates for each category of assets u/s 32 and assessee is required to calculate the Depreciation under Income Tax Act on the basis of such rate and method only. The depreciation u/s 32 is allowed to get deducted from the income chargeable u/s 28 of the Profit and Gains of Business and Profession. Depreciation is allowed on all tangible assets like building,

CA Final, Study Tips for CA Final

CA Final Self Study Tips

CA Final is the last stage in the Chartered Accountancy course and amid such period students have to undergo 3 years of articleship training which is a mandatory part of this course. Students often found missing their classes due to the office workload or they face difficulty in managing studies with the office. Hence, the better option is to complete your CA Final syllabus through self-study. But is that actually easy? Is it possible to complete CA Final vast and challenging syllabus without coaching? Here we have an answer to all your queries. In this article, we are sharing with