Forwarded from 🏆 Mission CA Exam - CA Inter , Final & Foundation
📣 Important Announcement
💁🏻♂️Online Window to check Exemption Status For July2021 Exams is Open Now.
📲 Students can Login to Their Dashboard On ICAI Exam Website To Check The Status.
The Window Will Be Open Till 29th June.
📍Check Out Here :
https://icaiexam.icai.org
🖥 Detailed Explanation
https://youtu.be/UjzFs2TuDnc
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💁🏻♂️Online Window to check Exemption Status For July2021 Exams is Open Now.
📲 Students can Login to Their Dashboard On ICAI Exam Website To Check The Status.
The Window Will Be Open Till 29th June.
📍Check Out Here :
https://icaiexam.icai.org
🖥 Detailed Explanation
https://youtu.be/UjzFs2TuDnc
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Forwarded from 🏆 Mission CA Exam - CA Inter , Final & Foundation
Forwarded from CA Students
As per Sec 139(1), Auditor shall be appointed for a period of
Anonymous Quiz
54%
5 Years
30%
Up to 5 Years
11%
Minimum 5 Years
6%
Up to 10 Years
Forwarded from CA Students
Incase of bailment, which out of the following shall not change
Anonymous Quiz
6%
Custody
12%
Possession
75%
Ownership
7%
None of above
Forwarded from CA Students
Right to retain goods as a security for a general balance of account is known as
Anonymous Quiz
21%
Particular lien
61%
General Lien
10%
Right to have possession
9%
Right to have custody
Forwarded from CA Students
The position of a finder of lost goods is that of a
Anonymous Quiz
32%
bailor
55%
bailee
6%
surety
6%
principal debtor
Forwarded from CA Students
Any vacancy in office of Debenture Trustee shall be filled by
Anonymous Quiz
40%
Board of Directors
17%
Meeting of Debenture Holders
37%
Board subject to approval by Debenture holders
6%
Central Government
Forwarded from CA Students
A company shall not, at any time, vary the terms of a contract referred to in the prospectus or objects for which the prospectus was issued, unless
Anonymous Quiz
60%
Approval through members by Special Resolution has been obtained
15%
Approval through members by Ordinary Resolution has been obtained
13%
Approval through Tribunal has been obtained
12%
Approval through Central Government has been obtained
Forwarded from CA Students
For company having share capital, requisitionist shall means
Anonymous Quiz
30%
Members holding at least 10% of the paid up share capital of the company
34%
Members having at least 1/10 of the total voting power
32%
Members holding at least 10% of the paidup share capital of company or paidup share capital of 5 lac
5%
Members holding at least 5% of the paid up share capital of the company
Forwarded from CA Students
___________means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company.
Anonymous Quiz
4%
Collaborated Company
83%
Associate Company
10%
Dormant Company
3%
Inactive Company
🔥1
Forwarded from CA Students
Who is not eligible to incorporate One Person Company (OPC)
Anonymous Quiz
18%
Minor
6%
Non Resident
5%
Foreigner
71%
All of the above
Forwarded from CA Students
If a company undertakes to aggregate the fully paid-up shares of various members as per their requests and merge those shares into one fund, then such fund is called
Anonymous Quiz
57%
Consolidation
5%
Split up
32%
Stock
5%
Shares
Forwarded from CA Students
No issue of bonus shares shall be made by capitalizing reserves created by the
Anonymous Quiz
9%
Free Reserves
11%
Securities Premium
21%
CRR
59%
Revaluation Reserve
Forwarded from CA Students
A private Company canot issue securities through
Anonymous Quiz
14%
Private Placement
10%
Right Issue
66%
FPO
9%
Bonus Issue
Forwarded from CA Students
A charge created on assets or a class of assets that are of fluctuating nature or changing in nature like raw material, stock-in-trade, debtors, and the like.
Anonymous Quiz
5%
Fixed
68%
Floating
24%
Fluctuating
3%
General
Forwarded from CA Students
Dividend on which shares need not be paid in any year where there is a deficiency of profits.
Anonymous Quiz
12%
Participating Preference Shares
21%
Non Participating Preference Shares
47%
Non Cummulative Preference Shares
20%
Cummulative Preference Shares
Forwarded from Mission CA Inter 🏆
✅ CA INTER/IPCC Subject wise Scanner :
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📌 Accounting :
https://t.me/CA_Study_Notes/892
📌 Law :
https://t.me/CA_Study_Notes/894
📌 Costing :
https://t.me/CA_Study_Notes/897
📌 Income Tax :
https://t.me/CA_Study_Notes/899
📌 GST :
https://t.me/CA_Study_Notes/898
📌 Adv. Accounting :
https://t.me/CA_Study_Notes/1121
📌 Auditing :
https://t.me/CA_Study_Notes/1122
📌 EIS/SM :
https://t.me/CA_Study_Notes/1123
📌 FM - ECO :
https://t.me/CA_Study_Notes/1124
❤️ Share With Everyone ❤️
🤗 Sharing Is Caring 🤗
🤟🏻 Ask your CA Buddies To Join Us 👇🏻
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📌 Accounting :
https://t.me/CA_Study_Notes/892
📌 Law :
https://t.me/CA_Study_Notes/894
📌 Costing :
https://t.me/CA_Study_Notes/897
📌 Income Tax :
https://t.me/CA_Study_Notes/899
📌 GST :
https://t.me/CA_Study_Notes/898
📌 Adv. Accounting :
https://t.me/CA_Study_Notes/1121
📌 Auditing :
https://t.me/CA_Study_Notes/1122
📌 EIS/SM :
https://t.me/CA_Study_Notes/1123
📌 FM - ECO :
https://t.me/CA_Study_Notes/1124
❤️ Share With Everyone ❤️
🤗 Sharing Is Caring 🤗
🤟🏻 Ask your CA Buddies To Join Us 👇🏻
╭─๏┅════۞════┅๏─╮
❂➸@CA_Study_Notes
ℑoin us 🔜
❂➸@Mission_CA_Inter
╰─๏┅════۞════┅๏─╯
👏1
Forwarded from 🏆 Mission CA Exam - CA Inter , Final & Foundation
July 2021 ICAI Student Journal @CA_Study_Notes.pdf
1.1 MB
✅ ICAI Students Journal - July2021
☑️ Special Issues On :
◆ CA Foundation - Business Law
◆ CA Inter - Auditing
◆ CA Final - Financial Reporting
📍Official Download Link :
https://bit.ly/July_21
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✪➻ t.me/Mission_CA_Final
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☑️ Special Issues On :
◆ CA Foundation - Business Law
◆ CA Inter - Auditing
◆ CA Final - Financial Reporting
📍Official Download Link :
https://bit.ly/July_21
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Forwarded from 🏆 Mission CA Exam - CA Inter , Final & Foundation
📣🎓 Important Points regarding Exemption for July 2021 Exams : (Part1/2)
❇️ Exemption(s) granted in examinations held in November 2018, May 2019, November 2019, November 2020 and January 2021 are valid for July 2021 examination.
1. The process of verifying the details of the exemptions valid for July 2021 is in progress. The information is made available based on the data available on the records of the Institute, as on 01 June 2021, by way of advance intimation to the students, so that they can be clear about their exemption status in a paper(s), valid for ensuing examinations to be held in July 2021. In case of any discrepancy, the exemption(s) granted, as contained in the relevant Statement of Marks issued to the candidate, will be final.
2. Possible reasons, for non display of the exemption, could inter alia include the following:
♦️ Error in the registration number.
♦️ Mistaken notion that you were granted exemption in a paper, whereas in fact you were not.
♦️ Exemptions granted under the Verification process of Intermediate / Intermediate (IPC)/ Final Exams held in November 2020 and January 2021 are not included in the list.
3.Hence, check the details more particularly, the month and year of exam and roll number indicated above, with those contained on the relevant Statement of marks issued to you. Exemptions granted in a paper(s) are indicated by way of “#” against the marks awarded thereon and the Result of the relevant Group is indicated as “F-EX”, in the Statement of Marks.
4. In case of discrepancy, if any, write to Exam Dept. immediately, in any case not later than 29 June 2021, at the e-mail address provided herein below, enclosing scanned copy of the relevant mark sheet in which exemption was granted. Exam Dept. will respond, within 7 days of the receipt of the e-mail.
♦️Final candidates : final.exemption@icai.in
♦️Intermediate/ Intermediate(IPC) candidates:
inter.exemption@icai.in
In case you do not receive any response within 7 days, write to:
♦️ Final candidates : final2@icai.in
♦️Intermediate/ Intermediate(IPC) candidates :
inter7@icai.in
5. For further details, refer to Regulation 37C(8) and Regulation 38C(6) of the Chartered Accountants Regulations 1988 for Intermediate(IPC) exam and Final exam respectively, Guidance Notes made available along with the exam forms (hosted on http://icaiexam.icai.org) and FAQs hosted on www.icai.org
6. Applications, if any, for surrender of exemption, submitted in April/May 2021 are under process. In such cases, exemption being surrendered would continue to be shown in the above table, until the process of surrender is completed and the official letter from the Institute, confirming the surrender of the exemption, is received.
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❇️ Exemption(s) granted in examinations held in November 2018, May 2019, November 2019, November 2020 and January 2021 are valid for July 2021 examination.
1. The process of verifying the details of the exemptions valid for July 2021 is in progress. The information is made available based on the data available on the records of the Institute, as on 01 June 2021, by way of advance intimation to the students, so that they can be clear about their exemption status in a paper(s), valid for ensuing examinations to be held in July 2021. In case of any discrepancy, the exemption(s) granted, as contained in the relevant Statement of Marks issued to the candidate, will be final.
2. Possible reasons, for non display of the exemption, could inter alia include the following:
♦️ Error in the registration number.
♦️ Mistaken notion that you were granted exemption in a paper, whereas in fact you were not.
♦️ Exemptions granted under the Verification process of Intermediate / Intermediate (IPC)/ Final Exams held in November 2020 and January 2021 are not included in the list.
3.Hence, check the details more particularly, the month and year of exam and roll number indicated above, with those contained on the relevant Statement of marks issued to you. Exemptions granted in a paper(s) are indicated by way of “#” against the marks awarded thereon and the Result of the relevant Group is indicated as “F-EX”, in the Statement of Marks.
4. In case of discrepancy, if any, write to Exam Dept. immediately, in any case not later than 29 June 2021, at the e-mail address provided herein below, enclosing scanned copy of the relevant mark sheet in which exemption was granted. Exam Dept. will respond, within 7 days of the receipt of the e-mail.
♦️Final candidates : final.exemption@icai.in
♦️Intermediate/ Intermediate(IPC) candidates:
inter.exemption@icai.in
In case you do not receive any response within 7 days, write to:
♦️ Final candidates : final2@icai.in
♦️Intermediate/ Intermediate(IPC) candidates :
inter7@icai.in
5. For further details, refer to Regulation 37C(8) and Regulation 38C(6) of the Chartered Accountants Regulations 1988 for Intermediate(IPC) exam and Final exam respectively, Guidance Notes made available along with the exam forms (hosted on http://icaiexam.icai.org) and FAQs hosted on www.icai.org
6. Applications, if any, for surrender of exemption, submitted in April/May 2021 are under process. In such cases, exemption being surrendered would continue to be shown in the above table, until the process of surrender is completed and the official letter from the Institute, confirming the surrender of the exemption, is received.
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Forwarded from 🏆 Mission CA Exam - CA Inter , Final & Foundation
📣🎓 Important Points regarding Exemption for July 2021 Exams : (Part 2/2)
7. A candidate who has secured Exemption in Paper -6 of Group - II of Final Examination(i.e., Informations Systems Control and Audit) in the Old Course but has converted to the Final New Course, the Exemption so granted to him in Paper - 6 as referred above in the Old course will not be valid for the New Course. In other words, he has to appear and Pass the chosen Elective subject of Paper - 6 under the New course.(Please read the Announcement dated 9 January, 2018 & 22 January, 2018 in the Students −> Examination section of www.icai.org)
Candidates may also visit the Frequently Asked Questions Section on the Institute website www.icai.org for more details on this subject.
8. A candidate who has secured Exemption in Paper -3 of Group - I of Intermediate(IPC) Examination(i.e.,Cost Accounting and Financial Management) in the Old Course but has converted to the Intermediate (New Course), the Exemption so granted to him will be valid for the new course for two papers that is Paper-3 : Cost and Management Accounting and Paper-8 : Financial Management & Economics for Finance (Please read the Announcement dated 9 January, 2018 in the Students −> Examination section of www.icai.org)
Disclaimer:
1. Display of the exemptions as above does not automatically vest any right with the candidate to claim the exemption(s) hosted, as a matter of right, unless he is the rightfully entitled to the exemption.
2. The benefit of valid exemptions granted will be extended, to the bona fide candidate, automatically, after due verification of all relevant details, in the normal course, as per the laid down procedures, irrespective of the fact whether the candidate claims it in his exam application form or not.
3. ICAI is not responsible for any inadvertent commission, errors, inaccuracies or omission that might have crept in, in the above information.
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7. A candidate who has secured Exemption in Paper -6 of Group - II of Final Examination(i.e., Informations Systems Control and Audit) in the Old Course but has converted to the Final New Course, the Exemption so granted to him in Paper - 6 as referred above in the Old course will not be valid for the New Course. In other words, he has to appear and Pass the chosen Elective subject of Paper - 6 under the New course.(Please read the Announcement dated 9 January, 2018 & 22 January, 2018 in the Students −> Examination section of www.icai.org)
Candidates may also visit the Frequently Asked Questions Section on the Institute website www.icai.org for more details on this subject.
8. A candidate who has secured Exemption in Paper -3 of Group - I of Intermediate(IPC) Examination(i.e.,Cost Accounting and Financial Management) in the Old Course but has converted to the Intermediate (New Course), the Exemption so granted to him will be valid for the new course for two papers that is Paper-3 : Cost and Management Accounting and Paper-8 : Financial Management & Economics for Finance (Please read the Announcement dated 9 January, 2018 in the Students −> Examination section of www.icai.org)
Disclaimer:
1. Display of the exemptions as above does not automatically vest any right with the candidate to claim the exemption(s) hosted, as a matter of right, unless he is the rightfully entitled to the exemption.
2. The benefit of valid exemptions granted will be extended, to the bona fide candidate, automatically, after due verification of all relevant details, in the normal course, as per the laid down procedures, irrespective of the fact whether the candidate claims it in his exam application form or not.
3. ICAI is not responsible for any inadvertent commission, errors, inaccuracies or omission that might have crept in, in the above information.
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✪ ➻ t.me/CA_Study_Notes
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✪ ➻ t.me/Mission_CA_Exam
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✪ ➻ @Mission_CA_Foundation
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