Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: empanelment :: articles on VAT and GST in India :: list of goods taxed at 4% :: VAT RATES :: TDS :: due date for vat payment :: form 3cd :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
News Headlines »
 5 tax-saving funds that have given stellar returns in the past 5 years
 Find out which ITR Form is suitable for you
  Pr CIT vs. Baisetty Revathi (Andhra Pradesh High Court)
 What is income tax?
 Refund procedure initiated under GST
 Income tax returns (ITR) filing: How to get capital gains tax benefits on assets in own name
 7 avenues to help you save tax under Section 80C of Income Tax Act
 How to make income tax law less taxing
 Your Income Tax returns (ITR) filing revised? 5 points you must worry about
 Revised income tax returns under I-T radar
 Govt to simplify income tax laws, sets up task force under taxman Arbind Modi to study overhaul

Paper leaks, ICAI test off
August, 06th 2007
The common proficiency test (CPT) conducted by the Institute of Chartered Accountants of India (ICAI) today morning was cancelled later in the day owing to a paper leak at two examination centres.

News of the paper leak broke in the morning when the exam had already started. The exam, however, continued for the second session.

An emergency meeting of the examination as well as the executive committee called by ICAI President Sunil Talati later decided to cancel the examination and rescheduled it for August 26.

CPT is the entrance examination for those aspiring to be chartered accountants and is conducted by the ICAI, the regulatory body for the profession. Leak of the question paper of one of the toughest exams in the country had created panic among examinees in the morning.

The leak, as of now, has been detected at only two centres. Talati had earlier said the examination would be reconducted at the two centres if the leak was confined to them. However, the ICAI cancelled the entire examination as a leak from other centres was not ruled out.

We are shocked and will look into the incident thoroughly, said Talati. We will find out about it in detail.

The decision will impact around 82,000 students who took the test today, at 203 centres both in India and abroad. The examination centres abroad include those in Abu Dhabi and Kathmandu.

A high-powered committee has been appointed to investigate the matter and take preventive measures.

Talati said the credibility of the examination was at stake and strict action would be taken against the offenders.

According to sources, the institute spends around Rs 200 per student in conducting the examination, which means a direct revenue loss of Rs 1.64 crore. Apart from this, there is indirect expenditure. However, the concern is only the reputation of the institute, he said.

Talati alleged the involvement of the centre superintendent and clarified that the person concerned was deputed from the centre where the exam was scheduled. He has nothing to do with the ICAI. But in case any involvement from the institute is detected, we will take strict action, he said.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions