humCAfar | BEING CHARTERED

Easy way to remember deduction 80D se dawai 80E se education. 80EE extra enterest(INTEREST) 80G se Garib gov. Ko donation 80DD dependent dukhi 80DDB dependent dukhi bimar 80GGC = gadhe ghode (donation to politicial party) charao by foriegn co. 80GGB = gadhe ghode (donation to politicial party) banao by indian company 80GG ghar ghar 80GGA = Gaav development with science 80QQB = quality quality Books 80RRB royalty to resident 80u = unstable person Courtesy :-  https://www.facebook.com/TheCAstudent/posts/1285791154772900

Re: Discontinuation of some of the Post Qualification Courses for members  The post qualification courses for members conducted by ICAI include the following: Management Accountancy Course (MAC) Tax Management Course (TMC) Corporate Management Course (CMC) and International Tax Laws and World Trade Organisation Course (ITL & WTO) Examinations in respect of the above-mentioned post qualification courses for members are held once a year in the month of November. It has now been decided by the Council of the Institute to discontinue the above mentioned post qualification courses for members and the examinations thereon. For the benefit of those who are already doing the course, two more examinations will be held in respect of the above mentioned courses, i.e. in November 2017 and in November 2018. The last examination in respect of the above mentioned courses will be held in November 2018. All other post qualification courses and examinations shall continue to be held in

Eligibility, qualifications and disqualifications of auditors Section 141 Read with Rule 10 Companies (Audit and Auditors) Rules, 2014 Eligibility for appointment as an auditor  A person shall be eligible for appointment as an auditor of a company only If he is a chartered accountant  A firm shall be eligible for appointment as an auditor of company(appointment shall be made in the name of a firm)only if majority of partners practising in India are qualified for appointment Where a firm including a limited liability partnership is appointed as an auditor of a company, only the partners who are chartered accountants shall be authorised to act and sign on behalf of the firm. Disqualifications of auditor The following persons shall not be eligible for appointment as an auditor of a company  A body corporate other than a limited liability partnership.  An officer or employee of the company.  A person who is a partner, or who is in the employment, of an officer or employee o