Has CPT been removed for graduates? Can anyone say me detailed provisions in this regard?
Has CPT been removed for graduates? Can anyone say me detailed provisions in this regard?
Karan Teli
(Life Is just an Illusion...!!)
(4573 Points)
Replied 13 March 2012
Unable to check the PM..!
paste the same..
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 13 March 2012
Who is eligible for CPT Exemption !!!
Draft Notification dated 23.02.2012, issued by ICAI (waiting for final approval) proposed the following:
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(i) graduate or post graduate in commerce having secured in aggregate a minimum of fifty-five per cent. of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) by studying any three papers of 100 marks each out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting; or
(ii) graduates or post graduates other than those referred to in clause (i), having secured in aggregate a minimum of sixty per cent. of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University);
(B) Any candidate who has passed the Intermediate examination conducted by the Institute of Cost and Works Accountants of India by the Institute of Company Secretaries of India shall also be exempted from passing the Common Proficiency Test under this regulation.
Explanation.- For the purpose of sub-regulations (1A) and (1B),-
(i) for calculating the percentage of marks, the marks secured in subjects in which a person is required by the University (including open University) to obtain only pass marks and for which no special credit is given for higher marks, shall be ignored; and
(ii) any fraction of half or more shall be rounded up to the next whole number.”.
Check the link:
Who is eligible for cpt exemption !!!
Thanks
manna arora
(.)
(76 Points)
Replied 13 March 2012
Ankur Garg i scored 54.3 % in grad will i be exempted frm passing the cpt...
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 13 March 2012
Originally posted by : manna arora | ||
Ankur Garg i scored 54.3 % in grad will i be exempted frm passing the cpt... |
Contact ICAI to know the exemption eligibility. Also read the criteria mentioned above to know the eligibility.
chandu
(student)
(1051 Points)
Replied 13 March 2012
any details follow the link which ANKUR GARG mentioned
Jayprakash Patel
(Senior Account Executive)
(75 Points)
Replied 13 March 2012
CA Vishal
(CA working in industry)
(620 Points)
Replied 26 March 2012
No final approving is pending till then status quo !!