My CA has given me completion in February, 2019 and signed my Form 108 with a condition that after my exams i have to work with him for 1 year.
He got me to write a letter saying that i will work with him for that period with my signatures.
Could you please let me know the consequences of not working? And will it affect my articleship completion?

In November 2018 exam there was one question as under :
Mr. Ramesh promised to pay Rs. 50,000 to his wife Mrs. Lali so that she can spend the sum on her birthday. Mrs. Lali insisted her husband to make a written agreement if he really loved her. Mr. Ramesh made a written agreement and registered the agreement under the law.
Mr. Ramesh failed to pay the specified amount to his wife Mrs. Lali.
Now Mrs. Lali wants to file a suit against Mr. Ramesh and recover the promised amount. Referring to the applicable provisions of the Contract Act 1872, advise whether Mrs. Lali will succeed?

The suggested answer as posted on ICAI site shown the answer as under :
To create a valid contract, there must be an intention on the part of the parties to create legal relationship between them. In social agreements it is presumed that there is no intention to create legal relationship. So social or domestic types of agreements are not enforceable in court of law and hence they do not result into contracts.
In the given circumstances wife will not be able to recover the amount as it was a social agreement and the parties did not intend to create any legal relations.

Is this answer correct? Is there any relevance of section 25 of ICA which provides for exception to consideration - Out of natural love and affection, written registered agreement and close relation between the parties.

Please give answer with reason

Whether prior permission is required on plain paper in case of industrial training before submission form 109 to ICAI.

under sec 139(5) Revise return can be filed upto end of A.Y (from A.Y 18-19).and time limit to get intimation is 12 month from of financial return in which return is filed.If we are needed to revise return after getting intimation under section 143(1) and by that time, time to revise the retun under sec 139(5) gets over .so can we still revise return

Dear sir/mam
I want format of letter to be sent to ICAI for termination of Articleship after 1 year on medical ground.

Hello Sir,

If some one got salary 50000 per month and he is Salaried person. so, there 50,000 X 12 = 6,00,000/- In that case tax nill on 2,50,000 remainning 3.50,000/- we deduct @ 5% tds which is Rs.17,500/- In monthly case, if we pay 50000/- that person that means we deduct 1458 tds. am I right or wrong. after that how much amount deduct for PT (professional tax) please suggest anyone.

Read more at: https://www.caclubindia.com/forum/tds-amp-pt-professional-tax--509330.asp

I have completed my articleship on 26.02.19 & now while executing form 107 for excess leave can I take the gap.
I want to begin my supplementary articleship ( extension period training) from June 2019 will it be valid or i should execute it in continuation right now .

Dear Sir/Madam,
How to submit 112 form for another course during articeship and after getting permission for above course can i do for another course.
Hello sir,here my query is that i have some doubt regarding form 112 for example
1. If i got permission for a course and did another course along with same course can i get permission for middle of the course were permission is not got can i submit Form 112 for that course and can i continue with that course how
2 After completing my permission course can i apply for another course how
3 Is it compulsory to submit form 112 if not can you tell me what are the consequences/effects in my CA career
4.Can you tell me which act should i refer for understanding the provision for submitting Form 112

Thanking you sir.

I am doing articleship and my 3rd year is going on. I have completed the 26 month articleship (include 4 month leave).
but i have received the 22 month stipend. my principal was not given the stipend of leave. It correct or not?

What exactly is a subordinate debt. What is the purpose and whether is a revolving fund or one time loan? How the debts is assessed ?