FAQs

Q1. What all amendments in Companies Act are applicable for November, 2017?

Ans: The relevant notified sections of Companies Act 2013 and legislative amendments including Notifications/Circulars/Guidelines issued upto 30th April, 2017 will be applicable for November, 2017.

Q2. From which attempt of IPCC Goods and Services Tax (GST) applicable?

Ans: GST shall be examined in IPCC May,2018 for old scheme in Section – Indirect Taxation (Carrying 50 marks), as well as for the new scheme in Section – Indirect Taxation (Carrying 40 marks).

Q3. If I have already registered for CA-IPCC under old scheme, can i opt for new scheme of syllabus?

Ans: You can appear for all available attempts under old scheme till May, 2019 or convert to revised scheme voluntarily (compulsorily after May, 2019) by paying conversion charges of Rs. 1000.

Q4. Does ICAI provide any other assistance in learning apart from regular material?

Ans: ICAI also conducts webinars, mock tests. Regional council provides coaching assistance and ICAI also has an online learning portal i.e. Digital Learning Hub.

Q5. What is the validity period of exemption(s)?

Ans: A candidate who secures a minimum of 60% marks in one or more papers, who has appeared in all the papers in that group, shall be eligible for exemption in that paper(s) for the next three following examinations. As long as exemption in one or more papers of a group is subsisting, no further exemption in any paper in that group shall be given, even if one secures 60% or more marks in any paper of that group.