Method of Redemption
The ‘Gap’ created in the company’s capital by the redemption of redeemable preference shares must be filled-in by:
a)the proceeds of a fresh issue of shares
b)the capitalization of undistributed profits or
c)a combination of (a) and (b)
In the above context:
Q1)Whether Bonus shares will be issued on Above fresh issue of shares.?

I will be very much thankful to you.

Dear Sir,i register on 13-01-2013 under direct entry scheme.i have cleared the OP&ITT in oct,2013,but some unavoidable circumstances i couldn't start articled training,in such a situation what should i do,please suggest.Thanks in advance.

Marginal costing ipcc


A plant produces a productr in the quantity of 10000 units @ a cost of Rs 3 per unit. If 20000 units are produced, the cost per unit will be TS 2.50 pewr unit. What are the total fixed costs? What is the variable

Ans 145455 Fixed cost= 10000 Rs, Variable cost per unit = 2

The AOA of H ltd contained a provision that up to 3% of the issues price of the shares as underwriting commission may be to the underwriters. The Board of directors of the company decided to pay 4% underwriting commission. Can the Board of Directors do so? Also state the provisions of law in this regard as stated under Companies act 1956.

I WISH TO REVALIDATE MY REGISTRATION WITH ICAI
PLEASE LET ME KNOW THE PROCEDURE
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PLEASE TELL ME HOW MANY LEAVES ARE ALLOWED TO CA STUDENT DURING THE ARTICLESHIP.& HOW MANY LEAVES WE CAN DEMAND FROM OUR EMPLOYER BEFORE EXAMINATION. IS PUBLIC HOLIDAY WILL INCLUDED IN OUR LEAVE OR NOT.

Neel is engaged in the manufacturing business. He incurred a loss of
`
1,50,000 during the
previous year 2012-13. Is he required to file return of income?
plzz give me ans sir...........

Sir please tell me whether limits and continuity & differential integrals chapters are important or not not from examination point of view. is this chapter useful in next stages of ca course

If a society is carrying on charitable activities of education institutions and is approved u/c 10(23C) and the following defects are found in the return after the scrutiny u/s 142 started:

1) On some expenses TDS was not deducted
2) Payments were made which were ineligible as deduction due to 40(A)(3) dis allowance.

Since, the entire income is exempt under section 10(23C), will any tax be leviable on these amounts or not?

Please reply. Its very urgent.

You should aim try to Impress and thus excel that is where:

I stands for Instructions
M stands for Manage Time
P stands for Presentation
R stands for Relevance
E stands for Easy Marks
S stands for Survival
S stands for Success

INSTRUCTIONS
Arrive at the right place at the right time.
Read instructions carefully; how many questions are to be attempted; how long do you have?
Read the requirements for each question carefully; underline key words; look for the verb in the requirement – more on this under intellectual levels shortly.

MANAGE TIME
Allocate the correct time to each question and requirement. Attempt all parts of the question. Stick to the time allocation. Look at how many marks are available for each question.
All 3 hour papers now have an additional 15 mins Reading and Planning Time.


During this time, students may only write or make notes on the question paper.

To use this additional 15 minutes most effectively:
carefully read and understand all question requirements, making an informed choice about which optional questions to attempt where applicable
read through and highlight relevant information and financial data, noting why it is included
take note of the marks awarded for each question and the allocation of marks between different requirements within a question
start to plan your answers, particularly for discursive questions
think about the order in which to attempt questions
make preliminary calculations.

PRESENTATION
Plan your answer.
Format and layout is important. The answer should be properly structured with headings, sentences, paragraphs and bullets.

RELEVANCE
Students tend to spot question and not give a relevant answer. It is vitally important that the question asked is answered rather that what you know. If the question asks about outlining the effectiveness of internal controls of an organisation, students should not write what they know about internal controls but should use the information in the question to appropriately answer the question. Read the requirement at least twice Don’t just write down everything you know about a topic Don’t forget Professional Marks where available.

EASY MARKS
Go for easy marks first. Look at what marks are available for each question/part of question. Have a plan to attempt the paper. There are students who prefer numerical questions and then there are students who prefer discursive questions. Whatever your plan is, do complete the paper. All the questions should be attempted.

SURVIVAL
Don’t Panic !!!
Keep going …. Move on

SUCCESS
Revision – be prepared for the exams. Question practice and mock exams – don’t let the real exam be the first exam!

You must work hard and do your best in the exam with the confidence that you’ll get through.
Best of luck!