Cpt scrapped?

Page no : 2

Ricky (Tax Consultant) (98 Points)
Replied 31 July 2011

It's Pending in Centrel goverment,,,,,,

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Devadas K S (One life one Dream) (3525 Points)
Replied 31 July 2011

Originally posted by : Lokesh
	No CPT is't scrapped. There r 2 situations: 1) If u r 12th pass then u can direct enter into CPT in order to pursue CA course and 2) If u r a Graduate then u can escape CPT subject to the fullfillment of two conditions: i) If u r a commerce graduate then u need to have atleast 55% marks in ur graduation OR ii) If u r a Science or ART graduate then u need to have atleast 60% marks at ur graduation level. All others are necessarily required to go through CPT.

kulbir saini ( ipcc student) (81 Points)
Replied 31 July 2011

yes it is pending ......... for approvel ........

selvaraj (acc) (824 Points)
Replied 31 July 2011

icai is planning to scrap cpt and introduce pe-1/foundation like course at entry level .

Devadas K S (One life one Dream) (3525 Points)
Replied 31 July 2011

Originally posted by : selvaraj
	icai is planning to scrap cpt and introduce pe-1/foundation like course at entry level .

where did you get this info......

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Jairam J (CA, B.COM(Hons.)) (382 Points)
Replied 01 August 2011

Originally posted by : selvaraj
	icai is planning to scrap cpt and introduce pe-1/foundation like course at entry level .

So I am not the only one who thinks it's gonna happen. It seems the CA President gave the Ok fo this and it will be announced soon.

ramesh (lll) (52 Points)
Replied 02 August 2011

yes i also heard the news that cpt is going to be soon scrapped

Gulshan Kumar (Professional Accountant) (119 Points)
Replied 03 August 2011

Hi All Dear,

Please tell me, my factory in noida on monthly rent is Rs. 1,00,000/- the landlord charge service tax on 10.3% on rental value (100000+10300=110300) on my duty deduct the TDS @ 10% on it total value i.e. 110300/- or only rental value i.e. 100000/- pls advise me