CA Exam Preparation

📢 CA Foundation New Batch Starting from 1st July Starting from 1st July Get Ready to Begin Your CA Journey! A golden opportunity for aspiring Chartered Accountants is being launched! The CA Foundation new batch will be started from 1st July by Excellent Commerce Point (ECP) – a trusted name in commerce education. This batch has been carefully planned to help […]

Computation of Total Income and Tax Payable Question 1.State under which heads the following incomes are taxable:  Rental income in case of dealer in property. Dividend on shares in case of a dealer in shares. Salary by a partner from his partnership firm. Rental income of machinery. Winnings from lotteries by a person having the […]

Contract of Indemnity and Guarantee 1. What is a contract of indemnity? a) A contract to compensate for loss caused to a third partyb) A contract to compensate for loss caused to the promiseec) A contract of guaranteed) A contract between two companiesAnswer: b) A contract to compensate for loss caused to the promisee 2. […]

Trial Balance – MCQs with Answers Q1. What is a trial balance?A. A statement showing balances of all ledger accountsB. A summary of cash transactionsC. A financial statementD. None of the above Answer: A Q2. A trial balance is prepared to:A. Prepare final accountsB. Detect arithmetic errorsC. Check the accuracy of ledger postingsD. All of the […]

ICMAI Foundation Course Examination June 2025: Everything You Need to Know The Institute of Cost Accountants of India (ICMAI) has announced the timetable and important details for the upcoming Foundation Course Examination scheduled for June 2025. This exam will be conducted in an offline OMR-based mode across various centers. Exam Schedule and Structure: The Foundation […]

📢 Important Announcement: Revised Schedule for ICAI May 2025 Examinations The Institute of Chartered Accountants of India (ICAI) has released an official update regarding the Chartered Accountants Final, Intermediate, and International Taxation – Assessment Test (INTT-AT) May 2025 examinations. In continuation of the earlier announcements dated 13th January 2025 and 8th May 2025, the ICAI has now announced a revised […]

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CA Final Previous Year Question Paper: Download PDFs & Exam Preparation Tips Introduction The CA Final exam, conducted by the Institute of Chartered Accountants of India (ICAI), is the last stage of the CA journey. To succeed, solving CA Final Previous Year Question Paper is essential. These papers help students understand the exam pattern, marking scheme, […]

ICAI CA Final Study Material : Download PDFs, Latest Updates & Best Preparation Tips Introduction. The CA Final exam is the last milestone in the Chartered Accountancy journey, conducted by the Institute of Chartered Accountants of India (ICAI). To ace this exam, students must refer to the latest ICAI CA Final study material for effective […]