NOv, 2010
This query is : Resolved
Manmohan ACA, CS
(Querist)
28 August 2009
I will appear for MY CA FINAL EXAM in NOv, 2010.
whether the following is applicable for me.
1. Good and service tax
2. FBT
3. IFRS
whether the following is applicable for me.
1. Good and service tax
2. FBT
3. IFRS
31 August 2009
With regard to CA Fianl Exams, Nov-2010, FBT may not be applicable, as Finance Act(no.2) 2009, has abolished it. But notification / announcement yet to come from the ICAI. In respect of GST the ICAI will notify it as a change in the IDT Laws Syllabus, later. Finally in respect of IFRS a they will come in to effect from Apr,2011 , they mwy not be applicable for you.
CA Puneet Jethliya
(Expert)
22 September 2009
i agree with Ms.Yadagiri you should keep in touch with recent amendments bcoz i think GST will be applicable for Nov.2010.
FBT has been abolished in the budget. that`s why even for May 2010 it will not be applicable.
FBT has been abolished in the budget. that`s why even for May 2010 it will not be applicable.
CA. C.N.PATIL
(Expert)
04 October 2009
IN MY OPINION :
1. FBT IS ABOLISHED & NOT APPLICABLE TO UR NOV EXAMS
2 GST (GOODS & SERVICE TAX ) IS ALSO NOT APPLICABLE , SINCE ITS APPLICATION IS NOT YET CONFIRMED
3 IFRS , MAY BE APPLICABLE , WHICH MAY BE APPLICABLE PARTIALLY , LIKE DIFFERENCES BETWEEN GAAPS & IFRS
1. FBT IS ABOLISHED & NOT APPLICABLE TO UR NOV EXAMS
2 GST (GOODS & SERVICE TAX ) IS ALSO NOT APPLICABLE , SINCE ITS APPLICATION IS NOT YET CONFIRMED
3 IFRS , MAY BE APPLICABLE , WHICH MAY BE APPLICABLE PARTIALLY , LIKE DIFFERENCES BETWEEN GAAPS & IFRS
08 October 2009
Almost agree with the opinion of CA CN Patil.
regarding IFRS: IFRS will also not be applicable but most of the Indian GAAP will change according to IFRS in between and you should keep pace with them.
regarding IFRS: IFRS will also not be applicable but most of the Indian GAAP will change according to IFRS in between and you should keep pace with them.
CA Pushpendra Gaur
(Expert)
08 October 2009
ya all the replies posted are correct & especially of sir CN Patil,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Import Order Cancelled.
- GSTR-9C filing
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
