Hi everyone.
I am a IPCC student. Iam going to write my IPCC exam this may 2017. My dought is if I get exemption in 2 subjects in this attempt. And if I write my remaining 2 subjects in Nov 2017, and is it enough to pass the exam if I get 40 in each of the 2 papers??as the total will be more than 200 marks..

Please give me the information.

Thank u
Santosh.

Respected Experts,
Kindly let me know that in CS Professional which subject is good for future prospects, Insurance Law & Practice or International Business Law & Practice ?
As i gave two attempts with insurance Law but got very low marks & i also saw that ICSI is giving very low marks in Insurance Law .
Should i change the elective subject ? If yes , International Business Law & Practice will be good to score more?
Please provide your valuable guidance to me.
Thanking You

Respected Experts,
Kindly let me know that preferential issue & private placement both are same ? And what is the limit of number of persons to whom securities can be issued during the year in private placement & preferential issue ?


Thanking You

dear sir,
i have an very important query as one of my friend has failed to submit his exam form for ca ipcc group 2 for may 17 attempt as the last date with late filling fees was 6th of march 17 now its already 11 march is there any possible way he can submit the form for ca Ipcc group 2 attaching any application or affidavit ? for the may 2017 attempt,any help will be appreciable.

At the time of reg. Under Dvat, I m trying to upload rent agreement of 4 pages in PDF. Dvat requires Max 100 kb. How it is possible to convert 4 pages in 100 kb without loosing quality.

My father was the karta in an HUF of which the bank account was opened.
Myself, sister (elder & married) & mom were the coparceners.
Recently my father passed away.
Bank says this HUF has to be closed & another HUF account has to be opened with a new karta (either mom or myself) only then the funds would be transferred from the old HUF account to the new HUF account.
Bank also says a new PAN of the HUF has to be prepared in opening the account & the old PAN will not work in the opening of new HUF account.
I consulted few CAs & their opinion was a new PAN is not required as only the karta(my father) has passed away & HUF is not dissolved. With the same PAN you can open another HUF bank account with a new karta(either myself or mom).
Few say that there are some legal formalities to be completed with the income tax & they have to be informed about the demise of the karta(father) & update them about the new karta(myself or mom). They can chanhe the PAN after updating their records.
I am really confused as to whom should I believe & what should I do.
Please guide me.
Thank you.

Dear Sir / Madam, How we can change the Income Tax Jurisdiction against a Individual Pan. Situation is that previously I had pan number with the address of Panipat, now I have change the same with delhi address. But when I have checked in ITR login my address is change but Jurisdiction is remain same. Can you pls confirm is it possible to change the Jurisdiction. Kindly confirm the procedure for the same. Thanks & Regards Kishore

Sir,

I have recently qualified CA Final and wish to apply for obtaining Membership number and COP.
If I apply in March'17, will I be required to repay membership fee for 2017-18?

So, should I apply in April?

Dear Sir,
My Father (aged 67 years) sold the joint property co-owned by his brothers since last 50-years. The amount received through this Sale is 100% Taxable due to Profits under Capital Gains (Gains is 100% taxable due to property appreciation in last 50-years as per Government declared land Prices in that local SRO.)

These funds received through this sale is partly (60% of funds) used for purchase of new Open Residential Plot.
This fund used for purchase of Open Residential Plot is Taxable under Capital Gains?
If yes, can I claim tax benefits after I construct the Home on this Plot using remaining 40% funds.
Our CA advised Open plot property bought using Capital Gains cannot be considered for tax benefit. Due to this, this funds Value(60% of fund) used to purchase property is 20% Taxable due to Profits gained through Capital Gains

Now due to shortage of funds to avoid Tax for Capital Gains Account 60% of funds due to Plot purchase, we Need Home Loan and bridge this gap.
Is this proper way to take home loan to cover less amount.

I am Employed (My age: 30 years) and my Father is retired (Father's age: 67 years)
Will I be eligible for Home Loan on this property completely owned by my Father. (I have one younger sister and she is married. So property will be owned by my father and my sister is ready for any legal agreement in my favor)
Can my Father claim Tax benefit for Capital Gains
and can I claim for Income Tax benefit if I take Home Loan on my Name (property owned by my Father)
Please suggest better plan to avoid paying huge taxes.

Resepected All Experts, I want some information regarding Articleship I have cleared ITT and OP i came from Direct entry route as the ICAI guideline after Clear ITT and OP do articleship for 9 months then eligible for IPCC exam so my question is there are so many firms i checked and i heard also then take only those student who have cleared 1st aor Both group ipcc so how can do articleship. Is any firm in delhi They provide articleship for direct entry student how can search CA firms in delhi they take Direct entry candidate please inform me and guide me .. With Regards, Rahul Pandey