I completed ca ipcc 1st group. I want to go another professional course together ca. I want to know that cs course is tougher than ca or not. can I manage both courses together or not. which one is easy. someone suggest me go for SAP. what is my future ca with sap.

what amendments are applicable for IPCC group 2 exams to be held in november this Year? also inform whether CARO is applicle for nov 2015 attempt or not? Thanku...

caro 2015 applicable for ipc nov 2015...???

Sir,I have registered through direct entry scheme on sep,2012.i would like to know when I have to apply for revalidation whether this year or next year what is the procedure help me out

There is so much confusion in Asset Classification
under 3 categories

Furniture & Fixtures
Plant & Machinery (General)
Office Equipment.

Some says that assets which are used wholly for the purpose of Business should be classified into Plant & Machinery
So, going by that accord, Testing Equipment,
Weight & Measurement should be classified under Plant & Machinery.

But according to the definition given for office equipment , it has been mentioned that which do not require personal attention, like fax, copiers, etc.

and what Air conditioners, FAN & Refridgetors, are they come under Furniture & Fixtures.

plz explain with example of below section:::


Special provision for full value of consideration for transfer of assets other than capital assets in certain cases.—(1) Where the consideration received or accruing as a result of the transfer by an assessee of an asset (other than a capital asset), being land or building or both, is less than the value adopted or assessed or assessable by any authority of a State Government for the purpose of payment of stamp duty in respect of such transfer, the value so adopted or assessed or assessable shall, for the purposes of computing profits and gains from transfer of such asset, be deemed to be the full value of the consideration received or accruing as a result of such transfer.

I have a doubt regarding classification of Service under Works contract and Construction Service. For example, a service receiver (commercial concern) engaged a contractor for executing a cable laying work with materials required for the work being provided by the Service receiver except cement, sand, iron etc. The contractor would supply labour and the necessary construction materials for the work.( Material purchased by the contractor is meager in comparison to the contract value). The above work provided by the contractor would come under Commercial construction Service or Works contract Service? Kindly Clarify

Dear expert

My principal is forcing me to quit my articleship or take transfer on baseless allegation, i have served 2 years of my articleship and now only 1 year is left, he usually tortures me and always scolds on baseless things, in past he has spoiled many of my seniors life this way. he never fears to anyone , he makes us and our parents to cry and beg for mercy in front of him by this he gets satisfaction, please suggest me the ways to get out of this, he is saying if i don't quit he will write to institute and terminate by taking false reasons. please help i'm in serious trouble.

Thank you

NOPAT is profits derived from a company's operations after cash taxes but before financing costs and non cash book keeping entries..

Sir why should we deduct interest( net of taxes) from PAT to get NOPAT.. I understood y we must deduct interest, Y we should deduct interest NET OF TAXES?? And not interest directly??

Can I get Exemption from ITT if i am already pursuing CS. I have complted similar test in CS.