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It feels great wen ppl around me call & tell me dat they cleared..!!!!
But 4 every person passing, there seems to b 3 ppl who ve not cracked it dis time…..

This is something I always believe in. The exam results whether it is of CA /CS/ CMA or any othr exam it is not purely a yardstick or benchmark of capabilities of an individual. Its not about any intelligence or talent alone. Nothing 2 takes away from people who have cracked it, but yes u need dat stroke of fortune also. I am sure ppl who ve cleared will definitely agree wid me.

The 1st attempt, 2nd attempt etc matters in so far as to land us our 1st job only. Thereafter it is our individual capabilities dat can take us forward. After some years nobody will ask u whether u ve cleared in 1st attempt or 2nd attempt etc. You ve become professional. And dats about it.!

We have a professional career of over 40 years before us now. It really doesn’t matter after 12 years, if ur post qualification experience is 10 years or 12 years. It pales further wen u hit 20 years and so on. Time is a great leveler. Just dat it is delayed a bit. But never denied.

After all an exams!! After all a result!! And how we can let it break us? Believe me, there r bigger things to worry about in life as we progress. Cracking the CA/CS/CMA exam is not a stellar achievement in itself. It is 1 of d steps to achieve greater thing. It is only now dat d race begins. Honestly, ppl who take more dan 2 attempts 2 crack d exam r ppl who have displayed immense emotional maturity and fantastic resilience.( M not telling dis bcos I ve taken more dan 2 attempts It’s a fact) . Count urself some1 who has not had d full stroke of luck this time around (Though I myself don’t believe in luck bcos my luck never favors me:-p).

Don’t get bogged down by peer pressure dat ur friends have cracked but u ve not. At d end of day only, YOU r answerable to urself…. And to nobody else. In times of need, it is wat u r dat will sail u, not who u ve wid u. Treat it as just another exam (it is just another exam right?). Please don’t give it the hype and brood over d results and mess up ur next attempt. You r in d ultimate lap. Doesn’t help if u faint and fall widout completing d race…. All the workdone in many laps prior to dis will b wasted.

Take a break. Relax urself. Go for a movie. Spend time wid ur REAL friends and family. Go out 4 a short vacation. You deserve dis for d efforts u put into d last attempt. Unwind urself for a weekand start from where u left wid d preparations. For quitting is a v easy option, but 2 become a true professional, u need to WIN. And winning in dis case, is not judged by ur result, but by ur ability to work towards d result. Result is never in ur hands. Show urself dat u r a winner by earnestly working towards it.
If an average person like me who has never scored 80% in his life can clear dis dan u all can definitely clear dis.

"उड़ान वालों उड़ानों पे वक़्त भारी हैं,
अब परो की नहीं होसलों की बारी हैं,
मैं कतरा होके भी तूफा से जंग लेता हूँ,
मुजे बचाना समुंदर की जिम्मेदारी हैं...!!!!

All d best...!!!!

The result of the Chartered Accountants Intermediate (IPC) Examination held in
November, 2013 are likely to be declared on Friday, the 31st January, 2014 around 4.00
P.M.

larification and Extension of Benefit u/s 194-I to all sections. Now, wherever the amount in paid to a resident and service tax component is indicated separately, tax shall be deducted at source only on the amount excluding such service tax component.

CA-CPT June 2014 exam to be held on Sunday, 22nd june 2014!!!
Our batches start from 1st week of Feb 2014!!! Hurry Limited seats

Changes in Exam Date Sheet of IPCC for May 2014 Exams.
Group 1: 27th , 29th, 31st May and 2nd June 2014
Group 2: 4th, 6th and 8th june 2014
As per notification on ICAI website

MAY 2014 EXAM DATE SHEET INTERMEDIATE (IPC) EXAMINATION [As per syllabus contained in the scheme notified by the Council under Regulation 28 E (3) of the Chartered Accountants Regulations, 1988] Group-I: 3rd, 5th, 7th & 9th May 2014 Group-II: 11th, 13th & 16th May 2014 (Afternoon Session: 2.00 PM to 5.00 PM) (IST) FINAL EXAMINATION [As per syllabus contained in the scheme notified by the Council under Regulation 31 (ii) of the Chartered Accountants Regulations, 1988.] Group -I: 2nd, 4th, 6th & 8th May 2014 Group -II: 10th, 12th, 15th & 17th May 2014 (Afternoon Session: 2.00 PM to 5.00 PM) (IST)

Biggest R&D spenders in the World

1. Volkswagen
Industry: Automotive
Spending On R&D In 2013: $11.4 Billion
Change In Spending From 2012: 22.4 Percent

2. Samsung
Industry: Computing And Electronics
Spending On R&D In 2013: $10.4 Billion
Change In Spending From 2012: 15.6 Per Cent.

3.Roche Holding
Industry: Healthcare
Spending on R&D in 2013: $10.2 billion
Change in spending from 2012: 14.7 percent

4. Intel
Industry: Computing And Electronics
Spending On R&D In 2013: $10.1 Billion
Change In Spending From 2012: 21.5 Percent

5. Microsoft
Industry: Software and Internet
Spending on R&D in 2013: $9.8 billion
Change in spending from 2012: 8.5 per cent

6. Toyota
Industry: Automotive
Spending on R&D in 2013: $9.8 billion
Change in spending from 2012: 3.5 percent

7. Novartis
Industry: Healthcare
Spending On R&D In 2013: $9.3 Billion
Change In Spending From 2012: Minus 2.6 Percent

8. Merck
Industry: Healthcare
Spending On R&D In 2013: $8.2 Billion
Change In Spending From 2012: Minus 3.5 Per cent.

9. Pfizer
Industry: Healthcare
Spending On R&D In 2013: $7.9 Billion
Change In Spending From 2012: Minus 13.3 Percent

10. Johnson & Johnson
Industry: Healthcare
Spending On R&D In 2013: $7.7 Billion
Change In Spending From 2012: 1.6 Percent

11. General Motors
Industry: Automaker
Spending On R&D In 2013: $7.4 Billion
Change In Spending From 2012:Minus 9.3 Percent

What is a Tax Haven?

A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all.

List of Top 10 Tax Havens Countries
1. Switzerland
2. Cayman Islands
3. Luxembourg
4. Hong Kong
5. USA
6. Singapore
7. Jersey
8. Japan
9. Germany
10. Bahrain

Result of the ca exam final examination held in november 2013 nd cpt exam held in december 2013, are likely to be decleared on wednesday the 15 jan 2014.

Kedar S Pande & Co We specialize in various areas such as Accounting, Income Tax, VAT, Service Tax,CST,etc..

MCA CIRCULAR Clarification on Holding and Subsidiary Companies.
DATED.27-DEC-13
-------------------------------------------------------------------------------
To
All Registrar of Companies,
All Regional Directors .

Subject: - Clarification with regard to holding of shares or exercising power in a fiduciary capacity - Holding and Subsidiary relationship under Section2(87) of the Companies Act, 2013.

Sir,

This Ministry has received a number of representations consequent upon notifying section 2(87) of the Companies Act, 2013 which defines "subsidiary company" or "subsidiary". The stakeholders have requested this Ministry to clarify whether shares held or power exercisable by a company in a 'fiduciary capacity' will be excluded while determining if a particular company is a subsidiary of another company. The stakeholders have further pointed out that in terms of section 4(3) of the Companies Act, 1956, such shares or powers were excluded from the purview of holding-subsidiary relationship.

2. The matter has been examined in the Ministry and it is hereby clarified that theshares held by a company or power exercisable by it in another company in a 'fiduciary capacity' shall not be counted for the purpose of determining the holding-subsidiary relationship in terms of the provision of section 2(87) of the Companies Act, 2013.

3. This issues with the approval of competent authority.

Revised Exemptions for CS executive and professional students from 1st December 2013

http://www.icsi.edu/Portals/0/AnnouncementforPaperwiseExemptiononthebasisofHigherQualificationsasper