Nov 2014 Result Date CA IPCC, CA Final
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One Person Company Registration, Fee

1. Section 3 of the Companies Act deals with the Formation of Companies.

2. The corresponding section of the erstwhile Act was Section 12 – Mode of forming incorporated Company.

3. This section states that a minimum of 7 persons may form a public limited Company and 2 or more persons can form a private limited company.

4. The section also specifies that Companies so formed may be limited by shares, limited by guarantee or be an unlimited company.

5. Further, this section also permits the formation of a One Person Company

6. The section requires that a person creating an OPC is required to indicate another person as the nominee in the event of death or incapacity of the subscriber to the memorandum.

7. The express written consent of the nominee is required in a prescribed form and such consent can be withdrawn as well.

8. The subscriber is also entitled to change the nominee by giving notice in such manner as may be prescribed.

Old Vs New

1. The erstwhile Section 3 of the 1956 Act which defines private limited and public companies now features as part of the definition sections.

2. The key changes in reference to the context discussed are as under

3. Permission to incorporate OPC’s a completely new concept and feature of this Act.

4. Modification with reference to private companies stands modified with reference to the earlier Act.  The maximum number of members in a Private limited Company is now 200 vs the earlier number of 50 members.

5. The key definition sections that merit attention are 2 (68) : Private Company , 2 (71) : Public Company, 2 (21) : Company limited by guarantee, 2 (22) : Company limited by shares, 2 ( 62) : One Person Company

Key Aspects

1. Whilst the Section is extremely brief on OPC’s, elaborate rules have been framed in this regard.  Some of the important aspects in relation to OPC’s as encapsulated in the rules are as under

2. Only a natural person who is an Indian Citizen resident in India ( 182 days or more ) is eligible to incorporate an OPC.  Such eligibility is also mandated for a person who is chosen as a nominee.

3. A person can hold only one OPC “or” become nominee in an OPC. Minors cannot be appointed as nominees

4. Section 8 companies formed for charitable objects can never be OPC’s.  Further an OPC cannot be converted to a Section 8 company.

5. OPC’s cannot carry out Non Banking Financial Investment Activities including investment in body corporates.

6. If the paid up share capital exceeds Rs 50 lakhs or the average annual turnover exceeds Rs 2 crores  ( in the preceding three years ), such OPC’s cannot function as such and need to convert as Private limited Companies or as Public limited Companies with the requisite number of members and directors.
- This is a mandatory conversion requirement.
- The conversion shall be as per Section 18 of the Act and will require the consent of the registrar

7. Similarly Private limited companies (other than Section 8 Companies) can convert into OPC’s if the paid up capital and turnover criteria as above is not exceeded.

8. However, two years should have expired from the date of incorporation of such companies.

9. This would require a special resolution in a general meeting and specific consent of the creditors by way of a No Objection from them.

10. Upon submission of the relevant documents including the consent of the creditors, the list of members and directors, the latest audited balance sheet and profit and loss account,

11. The registrar upon being satisfied will issue a registration certificate

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You May Like: IPCC Important Questions, Tips Topics Chapter wise for May 2014

How to Clear / Pass IPCC in 19 days:

Author: Roohani Deshpande

I am not trying to discourage students who efficiently utilise many months for their studies - this article is for those who, by any reason, have not been able to prepare well and have very less time remaining for their examination. To those students I say, don't give up! It is still possible and achievable for you to pass your exams.

Here's my story of clearing IPCC. Due to certain unfortunate circumstances and bad choices, I could not study anything at all before my first attempt and failed to clear IPCC. Feeling discouraged and demotivated, I spent the next few months in despair and disappointment. All I could think of was my failure. As a result, I wasn't able to study again and wasted most of my time - before I knew it, there was just one month left for my second attempt.

I decided that this vicious cycle must come to an end. I began to rebuild my confidence and faith in myself. I realised that it is very important to refuse to let the fear of failure take over my mind. I gathered all the courage I could manage and decided that I CAN and WILL clear both groups this time, no matter what. Within half a month, my confidence and resolve to succeed was back.

Now, I was left with 19 days before the first IPCC exam. I broke off all social contact and took proper care of my health. I decided that I will let nothing stop me this time - and when you fully believe in yourself, nothing can stop you from succeeding. Based on my experience, I want to share my story and suggest a study plan to those who are in a similar situation as I was. I used the following plan to prepare for my exams and it may work for you too.

Note: This plan will work only if you have taken classes for some subjects and you have some basic idea about everything - if you know absolutely nothing, no one can save you.

1. Create a schedule on paper for the next 19 days. Keep the last 2 days for revising Accounts.

2. Buy a set of Solved IPCC Scanners (solved past year question papers) and go through the pattern of papers. CA exams can be quite unpredictable, but still you can get some idea about topics repeatedly asked in every attempt. I know it is advised to study every single topic before the exams, but if you study the most repeated topics first, you can go through the remaining ones in the gaps between exams. On the first day, mark the most-important chapters from each subject and write them down somewhere.

3. Now, you have 17 days and 6 subjects. Do not let this discourage you. Strengthen your determination and take a resolve that you can do this. Believe in yourself and in your capabilities. Each day, tell yourself that it is possible for you. Eliminate all your distractions and prepare yourself to study for around 17-18 hours a day. You will need to invest all of your free time into studying to be able to achieve the task of clearing the IPCC in first attempt.

4. Take your list of most important chapters. Divide the important chapters of Law and Audit equally among the 17 days (not all chapters, only the ones important). You should complete the topics of Law each morning before going on to practical subjects, and complete the topics of Audit at night. Read the questions and answers from scanners only if time is less, as it has limited questions and will save a lot of time.

In Law, start with Ethics and Communications, then go on to Business Law, and then Company Law; in Audit, start with SA and then go on to the chapters.

5. Now schedule the practical subjects.

Divide the important chapters of Costing among the first 4 days, and study them from the scanner. If you are stuck on any topic, refer to that topic from your notes or other material, then get back to the scanner. Don't practice each question on paper, but practice the ones which you are not confident about.

Divide the chapters of Financial Management in the next 3 days. FM is easier than Costing and more scoring.

Don't forget to read the theory as well side by side. Around 30 marks consist of theory in each attempt. When you get tired of the practical questions, take a break and read the theoretical questions from scanner.

6. List out the important chapters of Taxation in the next 5 days - start with VAT and Service Tax. If you read only the questions from scanners, you will be able to complete this in 2 days. Keep the next 3 days to read only the most important chapters of Income Tax. You can read the remaining chapters during the gap between exams.

7. Divide the chapters of IT in the next 3 days. IT is not as tough as it seems. Go through the institute material (only important chapters) and learn the definitions. Practice flowcharts. On the third day, go through the important chapters of SM from the scanner. SM can be done properly during the gap between exams.

8. Advanced Accounts is a really easy subject. If you have taken classes, you will not need much time to prepare for it. Take the next 2 days to go through the scanner and refer to your notes or other books if you are stuck anywhere. You will not have time to practice questions on paper so try to read the answers and retain them in your mind. Focus on accounting standards and amalgamation the first day, and keep others chapters for the next day.

9. Go through the accounts scanner in the last 2 days before the exam. Do accounting standards and company accounts on the first day and do the others on the next day. Memorise what to do by reading answers because you will not have time to practice.

10. During the holidays between exams, go through the entire scanner and read all the important topics as well as the chapters you had left out. If you are left with more time, revise your notes and go through other study material you have.

If you take a decision to succeed no matter what, you will be able to achieve this and clear IPCC. This plan sounds extremely difficult to implement, but I speak from personal experience that it is possible. Do not give up, invest your time and energy into hard work and believe in yourself. Let nothing come in your way. You can do this!

About Me

I am Roohani Deshpande, a student of CA Final, who cleared both groups of IPCC with 19 days of preparation. 

I scored 88% in 10th, 92% in 12th, 148 marks in CPT.

If you need any advice or help, contact me on facebook:


How to pass IPCC both group in just 20 days

Author:  Pankaj Sharma

My self Pankaj Sharma student of CA FINAL from Jaipur.
Now I come to point "How to pass IPCC in just 20 days". 1st let me share my personal experience with you. How I passed my IPCC I took many wrong decisions that time. But just 1 month concentrate study make me pass my exam in very 1st attempt.

1st I choose a very bad coaching for IPCC. I pay full amount but didn't attend the classes for 2nd group and Law. I did all subject by self study.

2nd wrong decision I registered my self with FACEBOOK at starting of IPCC.
Starting two Months of IPCC went good I did regular study, but then on the advise of one of my friend I started my ITT in the month of October, this was hell for me. It took 3.5 month to complete.

With ITT and Coaching I could not manage to study, now it was January. I started my little bit study, my whole January went in confusion that should I go for both or just to go for 1st or should I drop this attempt. Then finally I filled my form for both group and thought "JO HOGA DEKHA JAYEGA". But at that time World cup came and I am just a big fan of Cricket, I didn't even miss a single match. Now it's time for my B.COM 1st year exam in March. My whole march ate by my B.COM.

I just did 2 hour study in January and February. And not a single hour study in march. Now it was 4th April my last exam of B.Com and The World cup final.

On 5th morning I got up I counted the remaining days of Exam. Just 27 days were left. I didn't even remember the single section "USI TIME MENE PURI DUNIYA SE TALAK LE LIYA". I switched off my mobile till exams. I never failed in life. I never wanted to be fail. Now all ways were clear for me. So I just started study of 16-18 hour per day. I did so much hard work in that last month. I didn't misuse even a single minuts. I didn't even shave. And now results is here I passed my both group Exam in 1st attempt.
I know I am so late in writing this article. But I realized this thing just last night that I should share my story with you all. So I thought to write this article. Now on the analysis of my that 27 days study I made a full proof plan of study of just 20 days. I don't guarantee that you will pass after doing all this. But "SAB KUCH CHOD KAR JANE SE ACCHA H LET'S HAVE A TRY ON IT KYA PATA KAM KAR JAYE". My way of study is just simple and personally tested by me on My self.
First of all make your mind to study 16-20 hour per day. You have 20 days to study. So we will make a schedule for whole 20 days. And you have to follow this schedule for every day.
Now leave(RESERVE) last 3 day for A/C and don't even touch a/c and any other day. 3 days are more then sufficient for scoring 60+. Now just 17 days left

Now took ITSM, LAW, AUDIT and divide them in 17 parts.
Took a paper and write down the all the remaining dates on it. And "HAR DATE KE AAGE 3no sub. Ka EK EK Part likh do...the all we have to do that TINO SUB. Ko 17 PARTS ME BAT LO AND HAR DIN KA WO PORTION COMPLETE KARNA H JO US DIN KE LIYE ALLOT HUA Hai.."
In law do ethics and communication strong.
Now I comes to taxation divide income tax in 7 parts and allot it to coming next 7 days (7 Din me jo jitna b ho sake kar lo because it's little bit tough so jitna jo ap se ho wo kar dalo) And in rest 10 days me VAT and SERVICE TAX ko Rat DALO COZ ye hi TAX ke paper me pas kara sakti h.
Now advance a/c This subject is so simple if you have taken coaching then just night before exam in sufficient to pass...Nahi to starting Ke 5 din me isko Nipta do.
Now just just COSTING AND FM left. This paper contain 30-35 marks theori so ye hi hame pas kara sakti h.

Took costing. 3 chapter a day Study kar Ke Costing 5 din me khatam karo and next 2 days me theori finish karo dhand se...FM is easy to usi ko Strong Kar lo Last 10 days Me Dhang se pad lo...and don't forget to do theori...wahi pas karegi.
So friends here is the Study plan of study in last 20 days. Har din kya kya karna h wo likh lo..paper pe.
You have to study 6 subjects a day. I know it's so tough to manage but it's not impossible, because I have done this. You have to do just ki Har din ke study ke liye Jo portion allot Hua h use complete Karke hi Sona h chahe khuch b ho jaye.
Friend just think after passing how proud you feeling infront of every one. How much happy your parent will be.
So friends Jo hona tha ho gaya ab Sab kuch chod kar bus padhai me lag jao..Don't leave a hope Passing IPCC is still possible. Pray every day to GOD for your success. I am sure if you do all the things written above properly then No one can stop you Passing your IPCC.
In last just I wanna say BEST OF LUCK For exam do well and STUDY HARD NOW. And PARTY HARDER LATER.

Best wishes.

Thanks for reading this.

If you wanna give any suggestion or you have any query then just mail me at or you can msg me on FACEBOOK @

Please don't send request just msg me.

And friends Please msg me or mail me how do you like my this article. Was this helpful for you? 

Pankaj Sharma
My achievements
12th= all Rajasthan 25th merit
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Time-Table Nov 2014 Exam Date, Schedule CA IPCC, CA Final


Time-Table November 2014 Exams



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Section 87A of IT Act - Rebate of Rs.2,000 for below 5 Lakhs Income

Income Tax Rebate under Section 87A was introduced by P. Chidambaram while presenting Budget 2013 and this Income Tax Rebate is applicable from Financial Year 2013-14, or in other words from Assessment year 2014-15.
P. Chidambaram while announcing the Budget 2013 introduced an Income Tax Rebate of Rs. 2,000 for people earning income below Rs. 5 Lakh. It is important to note here that Section 87A does not impact the Income Tax Slabs, and is a Rebate under Section 87A of Rs. 2,000.
Section 87A provides for Income Tax Rebate of Rs. 2,000 to Individuals earning Income below Rs. 5 Lakh. This Rebate of Rs. 2,000 would be given from the Total Tax payable by an Individual. It is pertinent to note here that this Rs. 2,000 is to be subtracted from the Total Tax Payable and not from the Total Income of an Individual.

Section 87A: Income Tax Rebate

As Section 87A provides for Income Tax Rebate, the taxpayer will first compute the Total Tax Payable and then reduce Rs. 2,000 from this Tax payable provided his Total Income is less than Rs. 5 Lakh. If his Total Income is more than Rs. 5 Lakh, the taxpayer won’t be able to claim income tax rebate under Section 87A.
  1. The Net Taxable Income of Rs. 5 Lakh is the sum total of incomes under all heads i.e. Salary, House Property, Business or Profession, Capital Gains and Other Sources.
  2. In case there is any loss under any head due to payment of housing loan or for any other reason, such loss would also be reduced from the total income.
  3. Deductions from Section 80C to Section 80U under Chapter VI-A would also be allowed and the resultant figure i.e. Total Income should be less than Rs. 5 Lakh for an individual to claim income tax rebate of Rs. 2,000 under Section 87A.
The above points have been represented below showing the manner of computation:-

Salient Features of Income Tax Rebate under Section 87A

The following are the salient features of Income Tax Rebate under Section 87A:-
  1. Rebate under Section 87A is only available to Individuals. All categories of Individuals whether Male or Female or Senior Citizens are eligible to claim Income Tax Rebate under Section 87A. Other types of assesses like HUF, Companies, Partnership Firms, LLP etc are not eligible to claim Income Tax Rebate under Section 87A.
  2. Income Tax Rebate under Section 87A is only available to Resident Individuals and not to Non-Resident Individuals. (Recommended Read: How to compute Residential Status)
  3. The total rebate allowed under section 87A would be Rs. 2,000 or the total tax payable (whichever is less)
  4. Income Tax Rebate of Rs. 2000 is allowed before the levy of Education Cess and SHEC. In other words, Education Cess and SHEC would be levied on the tax payable after allowing for Income Tax Rebate of Rs. 2000
  5. There is no benefit of this Rebate to Super-Senior Citizens i.e. Individuals above 80 years of age as their Income up to Rs 5 Lakh is already exempted from the levy of Income Tax.
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Section 234E of Income Tax Act - Explained with Case Laws

Author: Dingu

Of late this month we must have received lot of demand from CPC seeking demand for non remittance of 234E FEES (not Tax). Well here is something to crunch on

234E will not apply to cases where TDS payment is made beyond the time limit prescribed for payment of TDS u/s 200(3)

There are two reasons:

Reason 1
Duty of person deducting tax.

200. 9[(1)] 10Any person deducting any sum in accordance with 11 [the foregoing provisions of this Chapter] shall pay within the prescribed time, the sum so deducted to the credit of the Central Government or as the Board directs.

12[(2) Any person being an employer, referred to in sub-section (1A) of section 192 shall pay, within the prescribed time, the tax to the credit of the Central Government or as the Board directs.]

13[(3) Any person deducting any sum on or after the 1st day of April, 2005 in accordance with the foregoing provisions of this Chapter or, as the case may be, any person being an employer referred to in sub-section (1A) of section 192 shall, after paying the tax deducted to the credit of the Central Government within the prescribed time, 14[prepare such statements for such period as may be prescribed] and deliver or cause to be delivered to the prescribed income-tax authority15 or the person authorised by such authority such statement in such form16 and verified in such manner and setting forth such particulars and within such time as may be prescribed.]

Section 200(3) says you have to file your Quarterly return AFTER paying the TDS within the prescribed time.

Well if i pay the TDS amount to the credit of the CG after the due date for payment there is no requirement for me to file my TDS return at all as per section 200(3)

When Charging mechanism fails where is the question of collection FEES Case law of Supreme Court P.C.Srinivasa Chetty

Reason 2

Okay We will harmoniously interpret the section in spirit along with section 201. After payment we have to file the Quarterly return!! i hope we all agree

Here comes the big one.

Section 200(3) says pay and file return else your TDS return is invalid / you cannot file your return. Fine i paid my TDs to government along with interest u/s 201 and filed my return immediately.

Part 1

Then you cannot charge me fees under 234E, since without payment of tax we cannot upload the return. If you are not accepting the return how can you ask fees for not filing Quarterly Return within the due date


Part 2

Let me recall  a splendid decision given a decade ago

Where no books of accounts are not maintained you cannot penalise him for not getting his books of accounts audited Ram Prakash C Puri – 77 ITD 210
Okay to the fun part

Department said you have not paid my tax pay interest (interest is compensatory in nature) We pay from due date for payment to date of payment. Now when i pay interest for late payment how can i / why should i again compensate the Government in the form 234E fees

Moreover 234E starts saying "Without prejudice to the provisions of the Act"   and does not start as 'NOTWITHSTANDING ANYTHING CONTAINED IN THE PROVISIONS OF THIS ACT' 
So Technically the Start of Days for 234E  Fees is from Due date from filling of Quarterly return or Date of TDS remittance which ever is latter..

I am open for discussion to the contrary on it.

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ICAI - Format of Revaluation Application for IPCC, Final Exams

There were many formats being circulated on Internet specifying the format for Revaluation. Most of them have been provided with wrong Formats.

ICAI has made it clear that the letter should be precise with only particular required details.

We have contacted the Students Cell of Noida and got the particular format for Revaluation which is as follows:


Sub: Application for Verification of Answer Books

• Student Name
• Student Registration No 
• Exam-Intermediate (IPC)/Final/CPT 
• Month and year of the exam
• Roll No
• Paper(s)/subjects to be verified
• Address for communication 


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Top 20 Accounting Firms for CA Articleship

1. Deloitte

It comes as no surprise that Deloitte holds the number one global position. It’s hold on the top spot seems secure for the time being.
Deloitte is located in more than 150 countries, and has over 600 offices in the world. The firm is headquartered in New York City, New York. They have most recently reached the 100-partner milestone when they merged with Curtis Mclean.
Deloitte specializes in audit & assurance, tax, advisory, and risk. They offer a wide range of services that include strategy, financial and technical, and human capital.

2. PwC

Deloitte’s closest competition over the last few years has and continues to be PwC (PricewaterhouseCoopers). PwC comes in as the second largest accounting firm in the world.
PwC has locations in more than 150 countries and more than 750 offices worldwide. Unlike Deloitte, they are headquartered in London.
The firm has most recently merged with Booz & Co, a medium sized consulting firm. The merger was approved on December 23rd, 2013. They offer a wide range of services but they specialize in audit & assurance, tax, and consulting.

3. Ernst & Young

Ernst & young earns the number three position in global accounting firms. This firm operates in more than 150 countries, utilizing more than 700 offices worldwide.
They are globally headquartered in London. In recent history the firm has acquired Greenwich Consulting, adding 7 more offices to its roster, and more experience in strategy consulting.


Holding firm at number four, KPMG comes in as the last of the big 4, but still far ahead of the number five firm on our list.
The firm operates in over 650 offices located in over 150 countries around the world. They are headquartered in Amsterdam, Netherlands.
In recent news, the company has recently merged its Denmark operations with those of Ernst & Young. The merger will allow the company to offer more services to its clients while providing more support for that particular region.

5. Grant Thornton

Grant Thornton UK is number five in the top 20 firms and is an arm of Grant Thornton International. The firm has 26 offices spread across the UK and specializes in audit, tax and advisory services.
Most recently they merged with PFK to bring more services and locations to its clients in the UK. The firm is headquartered in London.

6. BDO

BDO ranks number six and is headquartered in Makati City, Philippines. The firm has more than 1,200 offices in 138 countries. They recently added to their capabilities and offices through the acquisition of Alpern Rosenthal.
The merger will allow BDO to expand its operations in both Pittsburgh and Florida. The firm specializes in audit, tax, and advisory services but has much more to offer its clients.

7. RSM Tenon

(Acquired by Baker TIlly in August 2013)
RSM Tenon Group comes in at number seven out of the top 20 firms in the world.
They are headquartered in London, and currently operate out of more than 700 offices located in more than 100 countries. The firm recently announced the merger of its China firm with that of Crowe Horwath’s Chinese firm to create a new firm called Ruihua China CPA’s.
The new firm has requested to be a member of both Crowe Horwath China and RSM China.

8. Smith & Williamson

Smith & Williamson holds the number eight position in the world. They are headquartered in London, and hold more than 550 offices in over 100 countries.
The company hasn’t merged with any other firms in recent history but is a part of M&A International and Nexia International.

9. Baker Tilly

Baker Tilly is number nine on the top 20 list in the largest firms in the world. They are headquartered in Chicago, hold more than 580 offices in more than 110 countries.
In June 2013 the firm merged with Holtz Rubenstein Reminick LLP. The merger will add 25 firms to Baker Tilly’s already larger list.

10. Moore Stephens

Moore Stephens UK holds the tenth spot on the top 20 list of firms and is headquartered in London.
They are a part of Moore Stephens International which has more than 620 offices in more than 100 countries. The UK division recently merged with Winx, corporate finance, and X-Stra, business consulting.
The merger will allow the firm to expand their corporate finance sector.

11. Mazars

Mazars, headquartered in London, holds the number eleven position. The firm has more than 13,000 employees in more than 70 countries.
They recently merged with Chadwick at their Liverpool and Manchester branches. The merger will allow the company to expand in the area where they did not have a great presence before.

12. Haines Watts

Haines Watts holds the number twelve position on the top 20 firms in the world. They are currently headquartered in London, have more than 60 offices in the region.
The firm is part of Geneva Group international. The company recently merged with Ocean Consultancy Limited.

13. Crowe Clark Whitehill

Crowe Clark Whitehill is headquartered in London, and has more than 160 firms operating in more than 105 countries. They specialize in audit, tax, and advisory services. The firm has not completed any mergers recently, however they did win the Accountancy Firm of the Year award in 2012.

14. Saffery Champness

Saffery Champness is headquartered in London and currently operates out of 12 offices. They are part of Nexia international which has a very large network of firms throughout the world. Saffery Champness specializes in audit, tax, and advisory services. The firm recently acquired 4 other firms in 2012, boosting their performance and rankings.

15. Begbies Traynor

Begbies Traynor is currently ranked as the number fifteen firm out of the top twenty. They are headquartered in Manchester England.
The firm currently operates out of 30 offices across the UK. They specialize in insolvency and global risk partners. They recently sold their tax division to Smith & Williamson

16. UHY Hacker Young

UHY Hacker Young is headquartered in London, and currently operates out of 260 offices across the UK. They are ranked at sixteen out of the top 20 firms in the world.
The firm specializes in tax planning and business growth. Although the firm has grown over the years they haven’t acquiesced or merged with any other firms in recent history.

17. Kingston Smith

Kingston Smith  is number seventeen on the list of top twenty accountancy firms. They are currently headquartered in London and has 7 offices across London and the Southeastern portion of England. In December 2013 the firm merged with PFK.

18. Zolfo Cooper

Zolfo Cooper specializes in advisory and restructuring services. They are headquartered in London and have a plethora of offices around the globe including the UK, US, and other countries. They recently merged with Kroll Inc.

19. MHA MacIntyre Hudson

MHA MacIntyre Hudson is located in Buckinghamshire, UK. They currently operate out of 40 offices across the UK.
They specialize in audit, tax, and governance. The firm most recently merged with Kent firm Larkings which has added six new partners and 2 offices.

20. Johnston Carmichael

Johnston Carmichael is number twenty out of the top 20 accountancy firms in the world. They are headquartered in Aberdeen, Scotland and have 11 offices across the region. The company merged with PFK in September 2013. The firm specializes in audit, tax, and advisory services.
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CS December 2014 Time Table Foundation Executive Pofessional

cs-time-table-schedule-date-sheet-exam-date-foundation-executive-professional-june-decemberCS Executive, CS Professional June 2014 Examination Time Table, Date Sheet, Schedule:

CS Executive, Professional New Syllabus Time-Table


CS Executive, Professional OLD Syllabus Time-Table


Qualification Marks (Passing Criteria) for CS June 2014 Examinations:

Foundation Programme Examination
A candidate shall be declared to have passed the Foundation Programme examination if he/she obtains at one sitting a minimum of forty per cent marks in each subject and fifty per cent marks in the aggregate of all the subjects put together.

Provided that a candidate who has appeared in all the subjects for which he/she was enrolled and has obtained sixty per cent marks or above in any subject, but failed, shall be declared to have passed in the subsequent examination, if he/she obtains a minimum of 40 per cent marks in each remaining subjects and fifty per cent marks in the aggregate of the remaining subjects at one sitting within the next three following
examinations. cs-time-table-schedule-date-sheet-exam-date-foundation-executive-professional-exam

Executive Programme Examination 
(a) For Both Modules: A candidate shall be declared to have passed in Both Modules 
of the Executive Programme examination --
       (i) If taken simultaneously and if he/she secures at one sitting, a minimum of forty per cent marks in each of the papers in which he/she is required to appear and fifty per cent marks in aggregate of all the papers put together; or
       (ii) If he/she has passed in any one Module of Executive Programme examination held under the old syllabus, prior to the introduction of the Executive Programme examination under the current syllabus and secures at one sitting a minimum of forty per cent marks in each of the remaining papers in which he/she is required to appear and fifty per cent marks in the aggregate of all such remaining papers of the Executive Programme examination put together. 

(b) For One Module: A candidate is declared to have passed in one module of the Executive Programme examination if he/she secures at one sitting a minimum of forty per cent marks in each paper and fifty per cent marks in the aggregate of all papers of that module and is declared to have completed the Executive Programme examination on passing both the modules.

Provided that a candidate who has appeared in all the papers of a module, for which he/she was required to enroll, and has secured sixty per cent or more marks in any paper(s) and a minimum of twenty-five per cent marks in each of the remaining paper(s) of the module, but has failed in that module, shall be exempted from that or those paper(s) in which he/she secured sixty per cent or more marks, in any subsequent examination on submission of an application in this behalf on or before the last date of enrolment for the examination in which he/she intends to appear; cs-time-table-schedule-date-sheet-exam-date-foundation-executive-professional-exam

Provided further that if a candidate who has appeared in all the papers of a module for which he/she was enrolled without obtaining any exemption and has failed in one paper of the module, but secured a minimum of sixty per cent of the total marks of the remaining papers of that module, shall be declared to have passed in that module if he/she re-appears in the remaining one paper in which he/she had failed and obtains fifty per cent marks in any subsequent examination. cs-time-table-schedule-date-sheet-exam-date-foundation-executive-professional-exam

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ICAI Verification, Certified Copies Nov 2014 IPCC, CA Final


CA IPCC, Final Revaluation / Reverification result Status May 2014 

There is no fixed date as to when the revaluation result of the CA Final and IPCC papers that have been applied for revaluation/verification will be released by ICAI.

Students of IPCC and Final who have applied for Revaluation/Verification can check their status below:

Imp Note: When you enter your Admit Card number / Roll Number and PIN, if you are getting the answer as 'Record Not found', then it means that your application is still in the process and will take some more time to reflect.

So, students need not worry about the matter. Generally it takes around one to two months for the re-verification / revaluation results to be updated on the ICAI portal.


Procedure for Revaluation of CA Final, PCC, IPCC Exam papers

Students can apply online for Verification or to get the certified copies of their Answer books. The links are as follows:


Click Here For Verification of Exam Papers


Click Here to Apply for Certified Copies


(Note: Though We use the terminology “Revaluation”, There is nothing called as Re-Valuing the Answer paper in CA Course, though ICAI allows students to apply only for Re-Counting of the Marks)
Read this fully please:

NOTE: Though it is called as Revaluation, the marks are only Re-Counted and Answer Sheets are not Revalued.
Warning: Students Should NOT mention their Email IDs and Cell phone Numbers in the Request form

There is no standard Format/Application Form for applying for Revaluation of your Marks in CPT or IPCC or PCC or Final Examination. Institute asks you to Submit a simple Hand written application. Note: It should be in the Candidates own Handwriting.

The Application should Specify the following details for the quick reference:

  1. Roll No.(H.No.)
  2. Student Reg. No.(SRO)
  3. Paper(s) to be verified
  4. Examination details – CA CPT / PCC / IPCC / Final
  5. Address for Communication

If the Candidate opted for English then it is obvious that you need to make the application in the English Version and If the Candidates has opted Hindi as his Medium for writing Examination then candidate should make duly signed with requisite fee by way of Demand Draft in the name of ICAI(details below).

Time limit for Sending the Application:
 Application should be submitted within one month from the date of declaration of Examination results.

How much is the the Fees for Revaluation of Marks?

Fee for Revaluation of Marks is Rs. 100/- per paper subject to a maximum of Rs. 400/- for all the papers of a group/ both groups.
Fees is to be remitted by way of Demand Draft in favour of “The Secretary, The Institute of Chartered Accountants of India” and payable at New Delhi.

Where should I Send the Application?

The Application along with the requisite Demand Draft may be either be deposited at or sent to:
The Additional Secretary (Exam)
ICAI Bhawan
Post Box No. 7112
The Institute of Chartered Accountants of India
Indraprastha Marg, New Delhi – 110 002
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ICAI - Online Registration of GMCS, ITT Orientation

Online Registration Portal for GMCS, ITT and Orientation Programme on All India Basis.

Board of Studies and IT Directorate has developed an Online Registration Portal for GMCS, ITT and Orientation Programme on all India Basis for Registration/allocation of batches for all Programmes to facilitate the students to register from anywhere for any center. In the first Phase, “Faculty Module” of Online Registration Portal is launched on 20th December, 2013 for registering as a faculty for ITT/OP/GMCS Course.

Key features:

Facility for Student: The application will provide facility for the student to - 
  • Register online from anywhere in any open batch.
  • Register in waiting list with preferred location, in absence of current batch.
  • Make payment online through payment gateway and offline by DD. For offline, DD to be submitted to respective branch who in receipt of the same will confirm batch on auto generated email.
  • Check the student detail from CITRIX / VIP software.
  • Transfer from allotted batch.
  • Submit of feedback online.
  • Process the completion certificates online.

Facility for Faculty: The application will provide facility for faculty to - 
  • Register online for taking classes.
  • Modify his registration form time to time.
  • View the result of feedback given by the students.

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