IMPORTANT ANNOUNCEMENT FOR PCC/IPCC &FINAL CANDIDATES

Final 2465 views 8 replies

Sudev Namboothiri

CA FINAL

432 Points Joined March 2009

Incentive for candidates filling the CA examination application forms (Nov 2010 Exams) thru Online mode - (05-07-2010)

EXAMINATION DEPARTMENT
Important Announcement
Online Examination Application Form

For the attention of the Candidates who aspire to appear in various Chartered Accountancy (CA) Examinations scheduled during November, 2010.

In order to reduce the time taken in processing the OMR application forms and also to ensure accuracy in the data pertaining to Name, Registration No., Group/Centre/Medium opted, it has been decided to make the filling of Examination Application Forms Online at the url https://icaiexam.icai.org/ as the only mode of application for various CA examinations with effect from May, 2011.The OMR format of exam application form will be discontinued effective from May, 2011 examinations. In other words from May, 2011 onwards application forms are required to be filled compulsorily and online. However for November, 2010 CA examinations submission of hard copies of the examination application forms will continue to be an option.

As an incentive for the candidates filling the Online CA examination application forms, the cost of application form of Rs. 100 will be waived off (which is used to be recovered from the candidates submitting the online application forms).

We request the students of the CA Course to utilize this incentive and submit their examination application forms for November, 2010 only through Online mode at the url https://icaiexam.icai.org/. However if it is not at all possible for them to submit the application forms online, they can continue to utilize the paper-pencil mode of application form(this option is available only for the November, 2010).

(G. Somasekhar)
Addl. Secretary (Exams.)

Replies (8)

Sudev Namboothiri

CA FINAL

432 Points Joined March 2009

Announcement for students appearing in November 2010 examination PCC/IPCC [Taxation] - (05-07-2010)

For students appearing in November 2010 examination, the amendments made by the Finance (No.2) Act, 2009, as applicable for assessment year 2010-11 are relevant. Therefore, the amendments made by the Finance (No.2) Act, 2009 which are not applicable for A.Y.2010-11 would not be relevant for students appearing for November 2010 examination.

Accordingly, the amendments made by the Finance (No.2) Act, 2009 in sections 44AA, 44AB, 44AD, 44AE and 44AF of the Income-tax Act, 1961 would not be applicable for the students appearing for the above-mentioned papers in November 2010 examination, since these amendments are effective only from A.Y.2011-12.

This clarification has also been given in the Supplementary Study Paper – 2009 for PCC/IPCC and the study material on “Taxation” for A.Y.2010-11 at the appropriate places where these sections are discussed.

Sudev Namboothiri

CA FINAL

432 Points Joined March 2009

Announcement for students appearing in November 2010 examination Final (Old) Course [Direct Taxes] and Final (New) Course [Direct Tax Laws] - (05-07-2010)

For students appearing in November 2010 examination, the amendments made by the Finance (No.2) Act, 2009, as applicable for assessment year 2010-11, are relevant. Therefore, the amendments made by the Finance (No.2) Act, 2009 which are not applicable for A.Y.2010-11 would not be relevant for students appearing for November 2010 examination.

Further, the amendment relating to taxation of investment income of non-life insurance business [Rule 5 of the First Schedule to the Income-tax Act] would also not be applicable, since it is effective only from A.Y.2011-12.

This clarification has also been given in the Supplementary Study Paper – 2009 for the Final Course and the study material on “Direct Tax Laws” for A.Y.2010-11 at the appropriate places where these sections are discussed.