As per the Income tax act, the Gifts received from any of your relatives are fully exempt from tax. Whether you are received the gifts as Cash, Cheque or any goods. You are not liable to pay the tax for these gifts. Here the “relatives” term defines by the Income Tax act as follows : Spouse of the individual Brother or sister of the individual Brother or sister of the spouse of the individual Brother or sister of either of the parents of the individual Any lineal ascendant or descendant of the individual Any lineal ascendant or descendant of the spouse of the individual,Spouse of the person referred to in clauses (ii) to (vi)
SIR, IN CA FIELD, AGE WILL AFFECT FOR GETTING JOB BECAUSE I WILL COMPLETE MY CA ALMOST AT 27 YEARS(AGE). THERE WILL BE NO FAIL ATTEMPT ON MY SIDE BUT I JOINED CA VERY LATE PERIOD.SO IT WILL AFFECT MY JOB OPPORTUNITY?
Give equal time to all subjects because most of the students concentrate only on Tax, Accounts, Law etc. But keep in mind IT & SM is also a subject of 100 marks. It is Not hard to score in IT SM.
Sir i want to join ca firm since i hve pass my ipcc exam 1st group i ve regesterd on bosapp also but no such ressponce ve been come till now . I therefore request u to given me a solution in respect of my problem
I am a CA student, just given CPT exam. I am facing some problems.
* My social, financial, practical knowledge about the subjects is not so strong. Neither my general knowledge is so good, nor my current affairs.
* I watch television and switch ON to channels like ZEE Business and CNBC TV18, but I failed getting nothing.
* I am poor at Economy, these shares,..these financial problems, these dollars and all, these Budgets, The central & state governments,....
* I want to read newspapers, but hardly get 10 minutes and can not extract some sufficient part from that....
* I want to have some tips about these practical things....
* What to do, what not to do.. * What are the practical things, on which, we have to stress upon.
* Help ,me to become a successful and perfect CA. Also, after my B.Com., my aim is to do MBA from a world class college, so for that, what preparations should I start doing from now on so as to have myself on to a proper place at that time.
I ll be grateful to you for the part of my life....
plz upload the rtp for nov 2012 ipcc group 1 and plzz tell in wat manner i shoud start my prepartion for cost n tax. as i m little bit week in both above.. waitng for ur ans..plz reply soon
I just want a reference book for advanced auditing and ethics..by surbhi bhansal..bt i cant find it in my city..so i contacted directly with the publishers to send us one..bt they have released few copies in the market..n so i could not get any access to this book in any way..plz help me..where can i get this reference book..
IF A STUDENT HAS GOT EXEMPTION IN AUDIT & ADVANCE ACCOUNT BUT FAIL IN I.T.S.M WILL HE CLAIM EXEMPTION IN BOTH THE ABOVE SUBJECT IF HE HAS PASSED IT IN 1ST ATTEMPT
I registered myself for CA course in 2010. I gave May 2010 attempt for CA-CPT and cleared it. I gave my IPCC Group I exams next year but was not able to clear it as i was busy preparing for some other exams. I wish to give my IPCC Group I exams in Nov 2013. Am i eligible? When are the registerations opening for it? What is the last date?
SIr, i have subscribed for your CA rockerz SMS, but i dont recieve any SMS . do i need to do any other thing to activitate the same. I have removed google SMS channel from DND
ABC Ltd. is a marketing services company which provides consultancy to its clients. It has persuaded its entire staff to sign a new contract which does not allows them to work for any rival company for a period of two years . Evaluate and explain the factor according to Porter’s Five Forces Model. what will be the answer for this question. i'm not sure if icai's answer is correct?
hello,
ReplyDeleteif gift is met by son of then wht is tax treatment of that
As per the Income tax act, the Gifts received from any of your relatives are fully exempt from tax. Whether you are received the gifts as Cash, Cheque or any goods. You are not liable to pay the tax for these gifts. Here the “relatives” term defines by the Income Tax act as follows :
DeleteSpouse of the individual
Brother or sister of the individual
Brother or sister of the spouse of the individual
Brother or sister of either of the parents of the individual
Any lineal ascendant or descendant of the individual
Any lineal ascendant or descendant of the spouse of the individual,Spouse of the person referred to in clauses (ii) to (vi)
SO father is not liable to pay tax in your case
DeleteI want to start my articleship kindly contact me my no is 9013323391/9211255455
ReplyDeleteDear you can visit http://bosapp.icai.org/
DeleteThis is ICAI Site which provide the facility of articles placement
SIR,
ReplyDeleteIN CA FIELD, AGE WILL AFFECT FOR GETTING JOB BECAUSE I WILL COMPLETE MY CA ALMOST AT 27 YEARS(AGE). THERE WILL BE NO FAIL ATTEMPT ON MY SIDE BUT I JOINED CA VERY LATE PERIOD.SO IT WILL AFFECT MY JOB OPPORTUNITY?
Ya according to us age will affect little bit
DeleteWHEN CPT EXEMPTION RULE WILL BE IMPLEMENTED
ReplyDeleteIt is not implemented yet
DeleteNow it is implemented & Registation will commence from 16th August,2012
DeleteHow to score in IT SM...
ReplyDeleteGive equal time to all subjects because most of the students concentrate only on Tax, Accounts, Law etc. But keep in mind IT & SM is also a subject of 100 marks. It is Not hard to score in IT SM.
Deletewhat is abridged prospectus U/s 56(3)of companies act 1956? and also red herring prospectus??
ReplyDeleteWhat are the changes/additions in auditing and assurance applicable for the IPCC may 2012 exam?
ReplyDeleteCan i have the important questions of audit and itsm for ipcc may 2012
ReplyDeletekindly put 2nd group question papers of May 2012 Final exams.
ReplyDeleteIt will be uploaded very soon
DeleteSir i want to join ca firm since i hve pass my ipcc exam 1st group i ve regesterd on bosapp also but no such ressponce ve been come till now . I therefore request u to given me a solution in respect of my problem
ReplyDeleteSir i want to know that how many leave are allowable for examination or other purposes during the article-ship training?
ReplyDelete* Total leave allowed is 1/6th of total period of served.
Delete* For examination maximum 3 months's leave is allowable.
* Remember that while calculating leave you must exclude
-Exam Days and exam intervening Days
-Leave taken for GMCS, ITT or Orientation.
I am a CA student, just given CPT exam.
ReplyDeleteI am facing some problems.
* My social, financial, practical knowledge about the subjects is not so strong.
Neither my general knowledge is so good, nor my current affairs.
* I watch television and switch ON to channels like ZEE Business and CNBC TV18, but I failed getting nothing.
* I am poor at Economy, these shares,..these financial problems, these dollars and all, these Budgets, The central & state governments,....
* I want to read newspapers, but hardly get 10 minutes and can not extract some sufficient part from that....
* I want to have some tips about these practical things....
* What to do, what not to do..
* What are the practical things, on which, we have to stress upon.
* Help ,me to become a successful and perfect CA.
Also, after my B.Com., my aim is to do MBA from a world class college, so for that, what preparations should I start doing from now on so as to have myself on to a proper place at that time.
I ll be grateful to you for the part of my life....
i want to ask the list of best coaching of CPT in delhi in increasing order
ReplyDeleteIt will be provided here very soon
Deleteplz upload the rtp for nov 2012 ipcc group 1
ReplyDeleteand plzz tell in wat manner i shoud start my prepartion for cost n tax.
as i m little bit week in both above..
waitng for ur ans..plz reply soon
Link http://www.icai.org/post.html?post_id=5016
Deleteu can find rtp for nov 2012 ipcc on icai website under bos knowledge portal n practice more n more to lead success in practical papers
ReplyDeletehello,
ReplyDeletesir,
i pass b.com now i can join in ipcc direct?
sir
ReplyDeletei qualify pcc and submit form for registration of final on 21-08-2012. when i will apply for (final) nov 2012 exam.
I just want a reference book for advanced auditing and ethics..by surbhi bhansal..bt i cant find it in my city..so i contacted directly with the publishers to send us one..bt they have released few copies in the market..n so i could not get any access to this book in any way..plz help me..where can i get this reference book..
ReplyDeleteIF A STUDENT HAS GOT EXEMPTION IN AUDIT & ADVANCE ACCOUNT BUT FAIL IN I.T.S.M
ReplyDeleteWILL HE CLAIM EXEMPTION IN BOTH THE ABOVE SUBJECT IF HE HAS PASSED IT IN 1ST ATTEMPT
I registered myself for CA course in 2010. I gave May 2010 attempt for CA-CPT and cleared it. I gave my IPCC Group I exams next year but was not able to clear it as i was busy preparing for some other exams. I wish to give my IPCC Group I exams in Nov 2013. Am i eligible? When are the registerations opening for it? What is the last date?
ReplyDeleteCan you please suggest me the best coaching centres in Pitampura, ITO and CP (Delhi) for CA IPCC Group I?
ReplyDeleteI am a graduate from DU. I did BCom Hons. Can i sit for Nov 2013 IPCC Group I exams? How can i register myself?
ReplyDeleteSIr, i have subscribed for your CA rockerz SMS, but i dont recieve any SMS . do i need to do any other thing to activitate the same. I have removed google SMS channel from DND
ReplyDeletesir mere 2nd group me 2subject exempt h nov.13 me ab mere ko kitni subject ki exam deni hogi .kya exempted subject ki koi limit h kya?
ReplyDeleteIn IT ipcc do we have to use diagrams in answers.. ???
ReplyDeleteABC Ltd. is a marketing services company which provides consultancy to its clients. It has
ReplyDeletepersuaded its entire staff to sign a new contract which
does not allows
them
to
work for any
rival company for a period
of two years
.
Evaluate and explain the factor according to Porter’s
Five Forces Model.
what will be the answer for this question. i'm not sure if icai's answer is correct?