How to change Centre/Group for appearing in IPCC/CA Final /CPT

CA Students are expected to exercise reasonable care while furnishing the details in the Exam Form. However, in case of any error which is noted after submission of the Exam Form – ICAI would be opening a correction window wherein...

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Procedure to convert from IPCC/ CPT into Direct Entry Scheme

Students who currently registered in CPT/IPCC can convert their registration into the Direct Entry Scheme if they have completed their graduation/ post qualification or have cleared the intermediate level of ICWAI/ICSI. On conversion into the Direct Entry Scheme, the CA...

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CA Final Registration Form, Fees, Last Date & Registration Status

The next level after having clearing both the Groups of CA IPCC Exams is CA Final. On clearing both the groups of IPCC Exams, a student has to enroll himself for CA Final by submitting the CA Final Registration Form....

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CPT Exam Form Dec 2016 Online – Last Date – 27 Oct

CPT Exam is held twice a year in the month of June and December and ICAI has announced that the next Common Proficiency Test Dec 2016 Attempt is scheduled to be held on Sunday, 18th Dec 2016. The CPT Exam Dec...

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Download CPT Admit Card June 2017 – ICAI

CPT Admit Card for June 2017 attempt can be downloaded by submitting your CPT Registration No. or Bar Code no. along with the PIN mentioned at the time of submitting exam form. ICAI CPT Admit Card for June 2017 Exams...

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All about Kisan Vikas Patra (KVP) | Interest Rate @ 7.3%

Kisan Vikas Patra (KVP) which was discontinued in Dec 2011 has been again reintroduced in the Budget 2014 which was presented by Arun Jaitley. This instrument was earlier discontinued due to fears of Money Laundering as it was a Bearer...

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Service Tax on Rent payable @15% from 15th Nov 2015

In the past few years, there has been much confusion regarding the applicability of Service Tax on Rent. The Govt’s stand was different to what the Courts had to say regarding the applicability of Service Tax on Rent which lead...

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Penalty for Late Filing of Income Tax Return (updated)

Income Tax Return is required to be furnished before 31st July/ 30th Sept of the Assessment Year. However, if the return is not filed before the due date, both interest and penalty would be levied for the late filing of income...

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Section 148 – Income Escaping Assessment

Before making the assessment/reassessment or re-computation under Section 147, the assessing officer shall serve on the assessee a notice requiring him to furnish a return of his income or income of any person in respect of which he is assessable...

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Section 154 – Rectification of Mistake by Tax Authority

It may be possible that an Income tax authority may commit a mistake while passing the order of assessment, appeal, revision etc. With a view to rectifying any mistake, apparent from record, the income tax authority is empowered as under:-...

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