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FBT Applicable

kalyan (Finance Manager ) (91 Points)

22 October 2009

Hi All,

Is Fbt Applicable for this november 2009 exams . kindly conform the same as soon as possible

Thanks and Regards,

Kalyan.

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17 Replies

Rahul Bansal (Finalist) (35929 Points)
Replied 22 October 2009

yes

CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)
Replied 23 October 2009

Not applicable for nov exams.

CA Suri Kota (Assistant Manager @ EY) (955 Points)
Replied 23 October 2009

hey its applicable for NOV exams . It is not applicable for the AY 10-11.

Ratan Deep Saxena (Asstt Manager (Accounts & Finance)) (2998 Points)
Replied 23 October 2009

Yes, FBT will be applicable for Nov exams..... coz FBT is abolished from A.Y. 2010-11 & for Nov exam A.Y. 2009-10 is applicable. Hence, don't ignore this important topic.

best of luck.........

regards,

ratan

Sushil (CA Final Student) (2571 Points)
Replied 23 October 2009

No, FBT is not applicable for this Nov 2009 exam.

1 Like

CA Suri Kota (Assistant Manager @ EY) (955 Points)
Replied 23 October 2009

Kalyan ........jusclarify me whether Nov 09 Direct Taxes.......AY 09-10 applicable.........or not.......coz FBT not applicable for AY 10-11...As we are writing for AY 09-10...FBT is applicable............

Guys......am i Right/..?

1 Like

CA GIRISH (Chartered Accountant) (1796 Points)
Replied 23 October 2009

FBT FOR PCC STUDENTS IS NOT APPLICABLE....

Sunali (Learner) (1317 Points)
Replied 23 October 2009

since there is no notification regarding non-applicability of FBT for Nov 2009 exams ( despite of the fact that the same is abolished by the Finance Act, 2009), it is persumed that FBT is applicable for the coming exams..

Gud Luck All..

CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)
Replied 23 October 2009

ICAI has clarified that the Ques. of FBT willl not b asked in exams.

jst think 1 thing if any item has been removed then why should it will b asked in exams.

it is a professional exams and related to current and practical issues. FBT is abolished nd no longer used .

CA Mohammed Shahid (Assistant Manager) (116 Points)
Replied 23 October 2009

Originally posted by :kalyan
"	FBT is applicable since the institute has put one question in RTP of NOV 09	"

(Guest)

Originally posted by :kalyan
"	Yes FBT is applicable for Nov 2009 exams, but it is not applicable for MAY & NOV 2010 exams.FBT is abolished in the Budget 2009 dated 6th July which is for A.Y.2010-11& not for 2009.	"

Ashish M (Chartered Accountant) (2731 Points)
Replied 23 October 2009

NO SPECIFIC POINT IN THE ANNOUNCEMENT FOR AMENDMNTS RELATING TO NOV.09 IS DEVOTED TO WHETHER IT IS APPLICABLE OR NOT......... INSTITITIU HVNT' PROVIDED OTHERWISE ALSO......... STILL ONE SHOOULD DO IT.!!!!!!!!