Must read ca cpt exemption

Foundation / CPT 3536 views 5 replies

SHASHIDHAR

DATA ANALYST/ STUDENT

682 Points Posted on 10 January 2012

As we know that there is a notification regarding CPT exemption for graduates. I strongly think it will never approve in this present scenario. Already they given a notice but, practially think friends they are getting crore’s of income through this CPT level. And also announced that any stream ( M.P.C or BI.P.C) can enter into this profession. So previously there was no rush to jump in this course but presently I am seeing many wabpages that studnets are willing to join in this CA course rather than engineering or any other. And ICAI recently announced to CPT students register themselves on or( before APRIL 4^th. So by this particular notice we can think that it will not approve in this coming 6 months also at present.

Most gradutes are waiting to approve and they are not attempting CPT also I think. So it’s upto you weather to write CPT or to wait for the approval.

Replies (5)

Manohar

CA - Final (Gr. I Passed )

34 Points Posted on 10 January 2012

Yes Shashidhar, i am agree with your statement , Institute should give clear istruction about this issue.

Sohil

Learner

631 Points Posted on 10 January 2012

Its not ICAI but upto parliament to pass this legislature.

Present session of parliament was wasted earlier with no work and later lokpal debate.

Under that scenario most important bill was FDI and COmpanies act rectificaTION.

Now since polls around.New parliament session will start in march 2nd week.SO even if this rule is pass it will happen around march 2012.Which is much before april start.

Parliament works for hardly 20-25 days session and this one will be based on finance.Budget,gst dtc etc etc.I feel strongly it will get clear bu march 20th 2012.