Hie...My name is Sejal...I have completed my bcom this year only...and also registered on provisional base under direct entry scheme for IPCC in April 2014...I secured 70 % in T.Y.B.Com...but the university of mumbai has given grades in the marksheets...this grade is not just for the Third year of bcom...but it is a overall grade of all three years of Bcom...I have "C" grade...and this grade does not show my exact percentage as the calculation of these grades are not based on the marks we have secured but as per the eligibility criteria of IPCC my aggregate should be 54.50% rounded off to 55% or more then it...if ICAI will go for the average aggregate of all three years...thn too ma average aggregate is crossing 55% I.e. 55.35%...ICAI told me to bring a letter from college containing my all three years of marks in a single page...with that I am ready to submit my all three years of marksheets...after requesting alot, college allotted me a letter containing the total marks I secured during ma Bcom three years course...but as per the rules, writing percentage on marksheet or letter is not permitted to my college as well as university...when I went to submit that letter in ICAI located in BKC...they denied to accept it...n forced me to add one more line in that same letter that "this students has secured exact 55.35%" from my college...which is actually not possible to get any of the student's percentage in writing...and this is against of rules passed by the university...ICAI of BKC is not understanding our problem...many students are facing same problem...but we don't know where to go...I went to the university of mumbai, my college...everywhere I tried to confirm my registration in ICAI...but still it's not getting done...as per the criteria of ICAI I am eligible...why they are not taking ma all marksheets into the consideration...can anyone help me to get out of from this major problem...as my career will get spoiled...plzzz help me out...

I'm a retired semi government staff i receive pension every year but now this year i received a salary for about 2lac &arrears for about 1.20lac which i want to know whether arrears is taxable or exempted
how to make the computation explain it

Sorry! in case if i am disturbing u!
these days i m very much confused aboubt my articleship.
i have heard ppl saying that if we do it from the big 4s we can get the knowledge of only one particular field.
however i want to work for big 4 but want overall knowledge of all the fields such as audit and tax both.
but in big 4s we get to be only in one department and cant even transfer.
i know that we get a good exposure but knowledge of all the fields is very necessary in my opinion.
should i go to the big 4s or try in some mid sized only?
plz help me ... its a serious matter!!!

if an assessee made following investment :-
1. PF Deducted by his employer 116000
2. Lic Premium paid 40000 for his own policy
3. Rs. 50000 Deposited in his PPF a/c by his own saving bank a/c cheque

than can his wife take deduction u/s 80C for the f.y. 2013-14
plz suggest

plz tell anyone what is section for PPF interest exemtion in income tax?

Dear Experts,

This is regarding rejected goods, as we have sold goods by discharging Excise Duty and after some time we have received some rejected qty which are non re-made nor re-conditioning absolutely unusable condition. On receipt of rejected material we are not claiming CENVAT but maintaining a separate register for this lot. Now my queries are:

1). After due examination of these rejected goods can it be re-used this scrap material as inputs to make other final product. If yes? shall we have to reverse the credit of such qty of inputs which we are using to make other product?

2). After due examination of these rejected goods can we sell these as rejected unusable goods at nominal rate without excise duty. Bcoz we are not claiming any cenvat credit while entering in our premises.

3). After selling these goods will mention the invoice nos in our separate stock register.

Need advice on the above isses asap

If Income Earned on salary from two employer one is deducted tax and gave form-16 and other is not deducted tax and not gave form-16 then if we do the tax planning then then if do not reflect the salary income from 2nd employer who did not deduct the tax.


please suggest urgently.

Dear Sir
We have done all the formality for change in registered office of the company from Delhi to gurgaon.
We also got the Order of RD in this regard.
All this formalities done before 01/04/2014, except RD order which came 26/06/2014; hance we were not required to file MGT-14.
now while filling for INC-22 it is asking for the SRN of MGT-14 as a mandatory field.

Can anyone suggest me how to come out with such a situation.

Special request for early reply!!!!!

is partnership firm liable to pay tax as per wealth tax act?

can i eligible for upsc exams after becoming ca without graduation