A Private Ltd Co has Leased one of its Land to a Proprietorship firm for 30 years with lease rentals of Rs 50K per month, the proprietor is one of the Director in the Pvt Ltd Co. Now the Company has taken Loan keeping that land on Mortgage.Is ther any violation of Section 185 from ROC point of view & Can the Company take loan keeping that land on Mortgage from income tax point of view (269UA states that Lease for more than 12 years is considered as deemed sale) so whether there is any violation?

Hello,

I had give up CA final in 2018. Now I want to complete my CA final. So what rule will be applicable for me if I want appear for 1 group.

Hi,

I got exemption in AFM and IBS in May 24 attempt. Due to some personal issues I was not able to clear any group in Nov 24.

I already kick started my preparation for May 25. I want to surrender my exemptions and want to write all the papers at once in May25.

Can anyone please clarify me regarding the following:
(a) Is there any deadline before which we need to surrender our exemption for May 2025?
(b) Procedure to Surrender exemptions?
(c) What happens without surrendering exemptions if we attend to the exam papers where we already achieved exemptions??

Thanks in advance...

Sir

I stoped my CA Journey after qualifying my CA FONAL 1ST group in May12.

I want to complete it. But I don't I start from where. Need help to guide me to show me right direction.
Please advice what to do.
I will be thankful.

Thank you.

Hello,

My Articleship started on 1st July 2023 in old scheme. I wanted to join industrial training (IT) that will be after completion of 18 months of articleship i.e. after December 2024. During this 18 months I have taken 2 months of exam leaves (60 days). No other leaves taken than above.

Then my query is when I will be eligible for IT....after December 2024 or considering the 60 days leaves i.e., after February 2025.

Thanks for your response !

Hello everyone, I wasn't aware of the fact that I needed to submit form 103 while registering so I only submitted form 102. During the 6th month of my articleship i become aware of this and I paid the late fee/penalty and of Rs.1,000 and submitted form 103. A day later i.e. today i received an the response from RO that I have been registered under my principal. However I am aware that a handwritten letter of condonation of delay and certain other things are required to be submitted. But since RO has accepted my application do I need to submit these documents? Or am I out of danger zone. Please revert with helpful responses.

i have filed the termination form for industrial training but I was not able to join the due to some family issue what should i do

I already cleared Final II group. i want to appear for forthcoming Nov 2024 exam for remaining Group I of final . I want to know what is the cu off date for finishing of set A Self paced exam and within what date I have to pass set A exam to enable me to attend Nov 2024 exam.

Dear Sir ,
I have following query with respect of Fixed Assets. Firstly whether the following items classified as fixed assets.
if yes then what shold be the group of these items:-

Welding Machine
Welding Rod
Steam Vaccum Cleaner
Steam machine
Electric Angle Grinder
ANGLE GRINDER
Straight Grinder
Randha Machine
Randha
Randha
Electric Router
Electric Router
Electric Planner
CUTTER
Marble Cutter
Welding Cutting Machine
Marble Cutter
Heat Gun
Drill
Impact Drill
Drill
Cordless Drill
Hammer
Hammer Drill
JIGSAW
JIGSAW
Jigsaw
Carbid stone
CIRCULAR SAW
Goti Pana Tools
Carbite Bits
Finishing
Cutting Blade
Jamur
Chaursi
Stone
Blade

Board Wire
Carbite Drill Bits (Metal)
Flat Wood Bit
Hammer
Ari
Tri-square
Screw Drive





Chisel

Basuli
TCT Hole Saw
Tikora
File
Shikanja Tool
Rinch
water Level
Spanner Set 
Scissor
Carving wood tools
Carving metal tools
Inch Tap
P Band
Crane
Girder
Chain Pulley
sublimation printer
Multi Angle magnets
hex professinal drive box spanner
laser measuring tape with ruler 3
Floor fans
Exhausted Fans
Air Conditioner
Bulb
System
Laptop
board wire
Extension Board
CCTV Camera
Washing Machine
Old refreigrator
One Plus 11R 5G
Wifi Extenders
wifi dongal
Led Tv
Monitor
LED21 32 Moto Tablet
multi angle magnets
ferrite magnets
thermo camera
Led Panel lights and core wire
h tex mini magnetic spirit
Drafting Table
Air Compressor

Sir
I would like to clarify some doubt regarding Financials Presentation and E Forms for Annual Filing i.e. As per AS Financials should be presented in Hundreds, Thousands,.... But while Fill up the E Forms AOC 4 everything should be filled up in absolute rupees only (INR ) .No rounded off allowed .
Then how will ROC Cross verify these things if we presented the amount in Hundreds but filled in INR ?
Or Financials should be presented with complete digit like Rs.100000 may be disclosed as
Rs.1000.00 in case Figures mentioned in Hundreds ?
Kindly clarify the above