Hello,
I am in H4 Visa (Dependent Visa) and have completed CA Final Group 1. I am planning to appear in May 2021 for CA Final Group 2.
My question is whether I can work for Indian firms and companies from US as work from home is new normal?
Also, what are other exams and certification options available for NRIs?

Hi there,
I am in my 2nd year of Article-ship, after clearing both the groups, I started looking for article-ship. I gave interviews in almost every big/mid firms. I gave interviews for almost 2 months but still could not find a better place to work. faced a lot of rejection. it was not that my interviews were so bad, it's just that I couldn't make it. at last I found a firm. but after joining the firm I realized that they don't have good exposure. they have very little work.
now I am in so much tension. everyday and night I have this terrible thought that what would happen in future. how would I make it big in large companies. will they even hire me. As I said, I am in my 2nd year. Due to this pandemic, I even couldn't take transfer and my first year got completed. may be I am thinking too much about future. but in any way, these thoughts are affecting my studies. I think am passing thru this horrible phase.
need someone's advice

I am a Qualified CA currently working, I can spare 2-3 hours daily, I am ready to work on accounts and finance related aspects on part time and work from home basis. Currently i am having experience in GST compliance and return filling with up to date knowledge of amendments in GST.
Plz suggest me how to get work on assignment basis.

If I clear CA and become a partner in a CA firm, then join in IIM for MBA, is it valid? Does this arise any professional misconduct?

Kindly answer me as soon as possible.
Thanks in advance

Can a practicing CA be a guest lecturer at college.

Can someone please share information on 'economics' related courses one can pursue after CA ?

I was a promotor director of a company(not holding COP at tat time).relinquished in 2003.now I am holding COP and undertaking attesting function. Due to Covid the other employee director resigned. Can I rejoin as promotor director and still continue my practice. Appreciate your guidance. I have substantial interest in the company and I am not acting as a statutory of the company. My wife is the other director.
Regards
Srinivasan

Dear Sir/Madam,
I am working in IT company as a Assistant Accounts Manager since 8 year and i am expertise in Accounting and taxation. I am working on Tally based software for book keeping. My qualification is MBA Finance. Since working with the same company my knowledge is limited that company and i want to upgrade my skills and looking to upgrade my skills with SAP FICO and also change of the company. can you pleases guide me how its works to my carrier ?

Good Morning everyone…!!

Before posting my question , it is important for you to know some important facts from my life which will help you to understand what my nature is , so this might be a bit long post , but in order to get the best and appropriate advice I feel this is necessary, so please bear with me and read the whole thing and help me out..!! please…!!

My name is Karan and I am a CA final student (old course) with group 2 pending. I finished my articleship in 2017 from a reputed firm which ranks 10th Globally due to which I got real good exposure in work .
I had started my coaching classes way early at the start of my articleship itself. After much struggle between office and studies, I appeared for my first attempt (group 1 only) in May 2017 which I did not clear , this was followed by another failure in Nov 2017 attempt.

I knew that something is not working , something is going wrong. One reason was having started my classes way too early I couldn’t keep up with the changes / amendments that were introduced in between the periods , also i did not get the time to practice mock tests and revise my subjects as well.
I started my introspection and realized that I am a person who takes time to understand things and remember them. Conceptually I knew I couldn’t go wrong but remembering things the way it is required , needed much time for me. Untill I felt from inside that I was ready , I wouldn’t get the confidence to appear for the exams. Also I realized that I couldn’t manage 2 things at the same time- studies and office, where my office work would take priority leaving very less time for me to prepare to my levels of satisfaction.

Having being ill prepared so far , I decided to skip my next attempt in May 2018 and this time study the way it worked for me. So I took all coaching for group 1 again , prepared a schedule of how to study based on the time it takes me to remember things , gave around 20 mock test papers and got it checked by experts, gave ICAI mock tests , went through all the past RTP , Question papers etc. After preparing to the level of my satisfaction , I appeared for my Nov 2018 attempt and this time I cleared with distinction in few subjects.
So this was working !!

Since, my approach worked , I decided to adopt the same for my next group attempt as well .I thought it is better to do things the way it is working for me ( by taking time that I require ) and clear rather than giving attempts with no results.
But because It was consuming much time , I decided to equip and update myself with the changes that were happening in the industries so that I remain relevant and in tune with the recent developments and thus started to acquire Certifications from some reputed institutions/ organizations in various current / hot topics for which industry was offering jobs as a result of which I became certified in GST ( from Govt. of india) , IFRS/Ind AS, Auditing standards (from ACCA) , in Companies Law, Forensic accounting and fraud examiner etc.
I also started attending online training programs offered by some of the leading companies w.r.t soft skills such as Communication skills , team building and other personality development and interpersonal skills.

Now , I am to give my group 2 attempt in May 2020 which due to the COVID virus got postponed to July 2020.
One thing that is bothering me now is although to clear my CA final, I am doing things the way it is working for me best , but at the same time it is taking much time . I have heard that with Age , career opportunities decrease and with the economy suffering , job market is taking a hit.
Although from my side I am doing my best to stay updated and relevant for job seekers , still the fear of loss of exposure/ Experience haunts me now , by the time I appear for my July 2020 attempt , I would turn 26.

So in this regard , I wanted to know , will it be better for me take up a job and start working while keeping my CA final attempt scheduled for July 2020 OR should I give my CA final group 2 , which is the only group pending, and then get into work ??

It would be really great and indeed very very helpful if someone can advice me what to do , in taking the right decision w.r.t my career in future as I don’t want to take a decision which costs me hugely and regret it later .
Please help …!!

Thanks for the patient reading ..!!

Tax audit report u/s 44AB of a domestic company reported Deemed Income under section 41 for RS.xxx which has duly been credited in the statement of Profit and Loss and thus included in Income from Business Profession. Clarification is sought for if such deemed Income is required to be featured in the schedule OI of ITR 6 .If so under what head the same is to be deducted in the schey of BP to avoid double taxation.