Manjunath ganapathy
05 December 2007 at 09:49

Degree Dilemma

Thanks a lot for your kind response Sir,
As you said earlier that a CA without any basic degree cannot get Masters degree,then what are the other best options available aparting from Distance education to pursue higher education.
It was only my sheer devotion to the course & respect for the knowledge ICAI imparts made me to leave my Degree Final year.Now am bit disappointed that I cannot be a Post Graduate.Can a CA without any degree do Masters course from ICFAI,also kindly advice how much of points(bacculards)are generally alloted to a CA (without a basic degree) to pursue CPA in USA
Kindly advice

Regards
Manjunath Ganapathy M R


Manoj Kumar
05 December 2007 at 09:11

Applicability of AS -11

If we have taken forward Exchange Contract then what accouting should be needed in our bookes. If we have not given any accounting effect for same then what will be consequences?


Jayesh Jagetiya

My friend has a properietor ship busines.
He has PAN in his own name.
can he obtain new PAN for his properietor ship concern?
he need PAN in his busines name because he have to coat this when he submit application for any auction.
Experts please guide me.


GIRISH K
05 December 2007 at 08:58

DEDUCTION FOR PRECLOSURE INTEREST CHGS

We know that while Housing Loan is preclosed, there would be preclosure interest charges @ some% of the principal oustanding on the date of pre-closure.

My query is that whether the same can be treated as Interest under House property in the year of sale of house property as it is necessarily a interest cost on the housing loan & deductible under Sec 24.

If YES, please confirm as to whether there are any decided cases on this?

IF NO, Please confirm, whether it can be treated as COST OF TRANSFER of the capital asset (house property) and be taken AS DEDUCTION in computing CAPITAL GAIN


s.lohani

Sir,
How a final student becomes a member CA after the completion of Final exams and GMCS

a) if there is a provision that this time only 300(suppose) can be qualified as CA; then the students in the top 300 in ranks will only become CA; rest have to give final next time(even though they have secured marks more than pass marks)
b) Or, those who clear the final exams and gmcs can apply for membership.


CA Bharat Aggarwal
04 December 2007 at 17:33

MBA (Financa) from ICAFAI

I am a PCC Student & want to Pursue MBA (Finance) Correspondence with CA ? can i pursue MBA From ICFAI. If yes, then is it necessary to inform the institute ?


Krishna Murthy



Dear sir,

Can a firm give guarantee or surety on behalf third party to a bank or financial institution evenif there is no such clause in the Deed.If not what is the requirement to be fulfilled.Does the partnership act speak anywhere regarding guarantee given by the firm. Please let me know this soon.


Hemal Parikh
04 December 2007 at 16:24

Contract Agreement Stamppaper

Hi,

Can u please let me know what amount of stamp paper should be used for accounts service level agreement?


Monu Pincha
04 December 2007 at 16:20

APPROPRIATE COURSE

THANKS ALOT for ur concern. I will be taking up ajob in future as a CA. LLB & MBL are on the whole good for those who want to work as CS ( I THINK SO). i thought of pursuing an international course as i think in todays time an international degree is of worth.I thout abt CPA but then again goin to USA not possible for me...so please suggest me something which will actually compliment my CA.


rangaswamy
04 December 2007 at 16:08

Remunaration to a Chartered Accountant

How much a person can earn immediately after becoming Chartered Accountant?

and

Is there any provision or rule in the Chartered Accountants Act, 1949, stating that a CA should accept only a certain amount of remunaration from his clients as audit fees?