CA CPT

CA CPT Preparation – Exam Tips For Guaranteed Success

Hey friends!! CA CPT exam is on the way. Are you ready for it? If Not, Don’t Worry!! We are here! Today we are going to reveal 5 secret CA CPT Preparation Tips for Exams, Read and crack the exam like a Pro! Don’t worry, you are not alone who have not started their course till yet. Hence, you need not lose hope. CA CPT course is much similar to your senior secondary classes. It’s a basic entry level test which simply tests your basic knowledge that whether you are eligible or not to pursue Chartered Accountancy. Here in this

CA Intermediate, CA IPCC

CA Articleship Interview Questions

Welcome Future Chartered Accountants,Our Today’s Blog post is based on the CA Articleship Interview Questions,  CA Intermediate/IPCC exams are over and now you must be looking for articleship in top firms of India. Qualifying the CA Intermediate/IPCC Exam is not enough to get you articleship in Big 4, PC Modi or Kalani & Company. After obtaining good marks in Intermediate, you have to further crack an interview which is a mandatory requirement of getting articleship in well-reputed firms. Are you scared of such questions which are to be asked in CA Articleship Interview? In this article, we are sharing with

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 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

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,

Featured

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

Featured

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,

Featured

Sample Resume for Articleship Trainings – Download PDF

Our Today’s Blog is dedicated to the resume for articleship training. Articleship Training is a mandatory part of the Chartered Accountancy course. After passing either single or both group of CA Intermediate, one can start his articleship training. Articleship Training is also known as the golden period in a CA student’s life. The knowledge, exposure, the experience you achieve amid such training is beyond your expectations. But obviously, it depends on the firm you are choosing to do your articleship training. You must read our blog on the importance of articleship training. Students who really want to have a good