Forums
Advanced ITT and MCS
Exams
answered on 25-Aug-23 17:58
Planning to give May 24 Final exams.Residing in Tambaram Circle, Chennai. Native of Tuticorin. Both Tambaram and Tuticorin branch no plan of Adv. ITT and MCS course as of now. As they got limited final students which is then insufficient for a batch strength. What can I do ? Alternate ideas. Also the completion is necessary before applying for exams
latest answer
U have sufficient time to complete I guess since ur exam due in May . Keep searching for batches near u . If not u have to travel for other branches.
Sindhu Machado
CA Final
★ 0
2
621
Agricultural income
Direct Taxation
answered on 25-Aug-23 23:46
Sir , a) if I am into the business of renting warehouse or storage facilities and if one of my warehouse is used to store agricultural produce , then that rental income from only that particular warehouse will be exempt under section 10(1) or not ? b) if I am not into renting business of warehouse , and then that warehouse is used to store agricultural produce , will that be exempt under section 10(1).. 3) will cultivation come under agricultural activities done by farmer .so cultivation will be exempt or not under section 10(1).. 4) if a warehouse / store room I own is rented and used to keep animals which assist in grazing etc on field , then that store rent will be exempt or not under section 10(1).. 5) if i rent an agricultural land or store to a farmer who does farming activities , then it will be exempt from my income in my books and from farmer's in farmer's books ?
latest answer
Thank you so much
Samridhi Sareen
CA Inter
★ 830
2
472
Addition of Group in Nov 23
Exams
answered on 25-Aug-23 15:54
I have already registered for ca inter Group 1 exam on 23/8/23. After seeing the exemptions from old scheme to new scheme exam, Now I would like to register for both groups exam in Nov 23. What shall I do now? Am I able to register Group 2 through correction window?
latest answer
Thank you Sir
Maria Helan
CA Inter
★ 3K+
2
485
Tds
Direct Taxation
answered on 25-Aug-23 15:06
Can last 2 persons claim tds Please explain this
latest answer
Yes they can. Claiming of TDS by deductee is purely based on TDS returns filed by the deductor. Since the TDS credit reflects in Form 26AS based on the TDS returns filed.
SAI AKASH GORU
CA Final
★ 750
2
505
Clarity for exemption Notification
Exams
answered on 25-Aug-23 15:09
I have Cleared Group 1 and Got exemption in Audit and Eis of Group 2 As per New Scheme am I clear and second If I clear Will I appear in Nov 2023 exam or I get marksheet of clearance of both Group in this.
latest answer
Yes of course.
Manish Ahuja
CA Final
★ 140
4
788
Doubt
Financial Management
answered on 25-Aug-23 14:58
Capital markets are perfect meaning.
latest answer
Capital markets mean financial markets where stock,bond, etc. are trading(buy and sell).. Capital markets are not considered "perfect" in the sense of being flawless or ideal. In reality, capital markets are subject to imperfections, such as information asymmetry, transaction costs, and market manipulation. These imperfections can lead to inefficiencies and disparities in pricing and allocation of assets. The term "perfect" is often used in economic models to describe theoretical scenarios, but real-world capital markets do not meet the criteria of perfection.
Vignesh Sudalai
CA Final
★ 5K+
1
536
exemption
Exams
answered on 29-Aug-23 09:59
passing nov 23 exams by clearing group 1 and audit and eissm will they be able to register articles after the results or they should wait till completion of new schemes exams in may 24.
latest answer
We need to wait for ICAI announcement.
Vamsi Krishna
CA Inter
★ 5K+
1
441
Exemption related queries
Exams
answered on 26-Aug-23 13:14
Good afternoon sir , Am MANOBHARATH I CLEARED IPCC GROUP 1 ALREADY . NOV 2023 AM GOING TO WRITE UNIT 10 ie , Adv accounts, Auditing, and eis & Sm If am not clear unit 10 on nov 2023 What are the paper I have to write in new Scheme may 2024? Pls ans me sir. Because already paper 8 I got exemption
latest answer
Auditng + FM SM
MANOBHARATH P
CA Final
★ 280
1
583
Set C and set D exemption related.
Exams
answered on 29-Aug-23 09:59
I have cleared ipcc group 1. Now nov 2023 I am taking unit 10. If I clear this attempt under unit 10. Will I get exemption in set C and set D for finals. Thanks 😊
latest answer
Yes
Mohan kumar
CA Inter
★ 5K+
1
514
Articleship registration
Others
answered on 25-Aug-23 08:03
Students who cleared cpt/foundation but were not able to clear intermediate previously and have not converted to direct entry. Can they convert and register for articleship before 30th September?
latest answer
Yes
shamanth rm
CA Final
★ 2K+
1
499