CA Final Results Passing % : May 2003 - May 2022

Interesting Numbers of CA Final Passing % of last 20 years [39 terms]. Check out these numbers to find how it is drastically changing upward and downward over the years. 

         

   Exam                        Group I            Group II Both Group

                        Appeared  Passed   Pass %  Appeared  Passed Pass % Appeared Passed Pass % 

May-22 66,575 14,643 21.99% 63,253 13,877 21.94% 29,348 3,695 12.59%

Dec-21 68,618 14,051 20.48% 68,250 18,434 27.01% 32,097 4,481 13.96%

Jul-21 61,914 11,334 18.31% 59,247 9,522 16.07% 27,930 2,932 10.50%

Jan-21 26,983 1,614 5.98% 32,111 5,023 15.64% 12,984 636 4.90%

Nov-20 44,568 6,324 14.19% 45,039 14,085 31.27% 23,427 3,032 12.94%

Nov-19 55,270 12,214 22.10% 64,561 16,272 25.20% 23,024 3,085 13.40%

May-19 33,946 6,110 18.00% 43,474 9,908 22.79% 26,652 3,500 13.13%

Nov-18 38,814 10,818 27.87% 38,962 9,242 23.72% 26,589 4,053 15.24%

May-18 40,985 6,455 15.75% 38,558 5,171 13.41% 28,663 2,612 9.11%

Nov-17 39,328 6,257 15.91 39,753 6,006 15.11 30,054 6,841 22.76 

May-17 41,373 5,717 13.82 38,478 6,234 16.20 34,503 7,928 22.98 

Nov-16 37,200 2,655 7.14 36,896 4,545 12.32 36,768 4,256 11.57 

May-16 77,374 14,092 18.21 77,086 14,474 18.78 40,180 4,565 11.36 

Nov-15 77,442 9,764 12.61 75,774 9,084 11.99 42,469 2,440 5.75 

May-15 72,874 8,317 11.41 77,991 12,894 16.54 42,847 3,538 8.26 

Nov-14 64,972 15,208 23.41 66,552 6,830 10.26 36,254 2,983 8.23 

May-14 65,792 8,884 13.50 65,706 7,004 10.66 42,533 3,100 7.29 

Nov-13 51,728 2,932 5.67 54,786 4,026 7.35 32,536 1,013 3.11 

May-13 45,822 6,319 13.79 50,354 9,389 18.65 27,556 2,764 10.03 

Nov-12 48,320 13,193 27.30 51,906 11,341 21.85 29,339 3,804 12.97 

May-12 51,002 12,912 25.32 55,108 16,325 29.62 30,976 5,075 16.38 

Nov-11 49,299 12,590 25.54 57,186 15,905 27.81 31,705 5,003 15.78 

May-11 48,548 17,641 36.34 53,766 14,338 26.67 32,419 6,649 20.51 

Nov-10 41,302 9,911 24.00 45,955 7,034 15.31 28,430 2,802 9.86 

Jun-10 28,889 4,063 14.06 35,187 3,235 9.09 20,666 945 4.57 

Nov-09 25,224 5,011 19.87 30,641 3,099 10.11 18,502 1,454 7.86 

Jun-09 25,848 8,379 32.42 27,840 4,185 15.03 18,625 2,579 13.85 

Nov-08 21,176 5,892 27.82 23,856 5,762 24.15 14,614 2,926 20.27 

May-08 17,552 6,444 36.71 18,685 5,290 28.31 10,580 2,645 25.00 

Nov-07 16,137 6,353 39.37 16,493 5,005 30.35 8,654 2,446 28.26 

May-07 15,083 2,289 15.18 15,874 2,777 17.49 7,467 1,023 13.70 

Nov-06 14,587 5,505 37.74 16,947 6,555 38.68 6,830 1,830 26.79 

May-06 15,355 5,832 37.98 17,952 5,718 31.85 7,053 1,608 22.80 

Nov-05 15,902 5,039 31.68 20,085 5,772 28.74 7,620 1,348 17.69 

May-05 18,211 5,748 31.56 20,513 3,520 17.16 8,650 1,243 14.37 

Nov-04 16,645 4,089 24.57 20,448 4,484 21.93 7,666 939 12.25 

May-04 20,724 7,011 33.83 21,364 3,354 15.70 9,770 1,490 15.25 

Nov-03 19,501 4,450 22.82 20,377 4,381 21.50 8,597 1,076 12.52 

May-03 20,290 4,469 22.03 18,692 2,203 11.79 7,943 802 10.10 

The above Numbers are combined numbers of Old Course & New Course. 

Important Changes in Income Tax Return form for FY 2018-19 [Assessment Year 2019-20]

1.      Investment details in unlisted companies 

In case of tax payer is holding shares in an unlisted company then, they are required to disclose the details of the Holding in ITR-2, ITR-3 & ITR-4. The details required are extensive i.e.

- name of the company,

- PAN of the company,

- number and cost of acquisition at the beginning of the year,

- number of shares, face value,

- issue price (or purchase price) and date of purchase of shares acquired during the year,

- number and sale consideration of shares transferred during the year,

- number and cost of acquisition of shares held at the end of the previous year. 

2.      Mention of Director Identification Number [DIN] number

In case the tax payer is Director of a company, then they will be required to specify their DIN (Director Identification Number) in ITR-2 or 3 whichever is applicable. Along with this they need to furnish the following information :

- name of company,

- PAN,

- whether shares are listed or unlisted.

3.      Reporting Salary Income on Gross Basis

The new ITR forms have changed the mechanism of reporting of salary income. Now an individual has to mention his gross salary and then the amount of exempt allowances, perquisites and profit in lieu of salary shall be deducted or added to arrive at the taxable figure of salary income. Further, the tax payer also need to give separate details of all deductions allowable under Section 16, namely:

-        Standard deduction

-        Entertainment allowance 

-        Professional tax

4.      Complete details of buyer to whom you have sold property

If the tax payer has sold the property in FY 2018-19, then while filing ITR-2, they will be required to provide complete details of the buyer to whom they have sold the property. The details need to be given like:

-        Name of the Buyer

-        PAN of the Buyer

-        Percentage share in property

-        Amount

-        Complete Address of the property with PIN   

Wadhwa says, "The buyer details have to be provided irrespective whether the capital gains accrued are of short-term or long-term in nature. The details of buyer will have to be given if TDS is deducted by your buyer while making payment." 

5.      Online filing of Tax Return is mandatory for Everybody except Super senior Citizen [above 80 years].

6.      Changes in reporting of house property Income / Loss

Specifying the type of house property

While providing details of one house property in ITR-1, tax payer is required to specify whether the house is - 'Self Occupied', 'Let-out' or 'Deemed Let-out.'

Property wise details of rent arrears 

"While filing ITR-1 or ITR-2 as applicable, if there are any rent arrears that are received to the tax payer in FY 2018-19 then it have to report property wise as received. Say, If an individual has one house property which is let out during FY 2018-19, then the rent received is required to be reported in ITR-1. 

7.      Full disclosure of interest income

The tax payers are required to specify the full bifurcation details of the interest income or any other income received. Income from other sources head in ITR-1 has been updated to provide details of the source from where interest or any other income is received. 

8.      Residential status

Earlier the Tax payers were required to provide the details of residential status as resident, resident but not ordinarily resident or non-resident. From FY 2018-19 they need to provide additional information with respect to their residential status, such as,

-        number of days of stay in India,

-        jurisdiction of his residence and

-        tax identification number in case he is a non-resident. 

9.   Identification of Correct ITR Form for Tax Payer 

-        ITR-1 (SAHAJ):

resident and ordinarily resident (ROR) individuals having total income of up to ₹ 50 lakh, having income from salaries, one house property, income from other sources and agricultural income up to ₹ 5,000. Non-residents cannot file ITR-1, irrespective of their source or quantum of income.

-        ITR-2:

Individuals not having income from profits and gains of business or profession (who cannot use ITR-1).

-        ITR-3:

Individuals having income from profits and gains of business or profession.

-        ITR-4 (SUGAM):

Individuals, and firms (other than LLPs), being a resident, having total income up to ₹50 lakh and having income from business and profession computed under the presumptive taxation scheme.

-        ITR-5 (SUGAM):

For persons other than:- 
(i) Individual,
(ii) HUF,
(iii) Company and 
(iv) Person filing Form ITR-7

CA Final Results: May 2003 – Nov 2017 : ACCHE DIN KA RESULT Analysis of Last 30 Terms

Dear Friends / Professional Colleagues 

CA Final Results of NOV 2017 term declares today (17^th Jan 2017). First of all congratulations to NEWLY Qualified CA's.  

In past we saw that there are vide variations in passing percentage in CA Final Exams. However this trend was changed in last 2 terms of CA Final Results. Both the Results of Year 2017 has shown higher passing percentage in comparison to earlier years. Generally the passing percentage growth is compared with the growth in economy. It’s good that economy is growing and can accommodate higher number of CA’s. We can say it as ACCHE DIN KA RESULT. Let’s find out why:

1. Passing percentage of students appearing in Both Group is 22.76%. [2^nd Highest in last 19 terms][As per available data]. 6841 students has successfully passed both groups the numbers are 2^nd highest among last 30 terms/ 15 years.  

2. In 2^nd Successive year, passing percentage of both group is more than 20%, which is happened after 18 terms / 9 years.

2. Passing percentage of students only appearing in First Group is 15.91%. [Highest in last 3 terms] [As per available data]. 

4. Passing percentage of students only appearing in Second Group is 15.11%, which is also on the higher side.  

Exam	Group I			Group II			Both Group
	Appear	Passed	Pass %	Appear	Passed	Pass  %	Appear.	Passed	Pass %
Nov-17	39,328	6,257	15.91	39,753	6,006	15.11	30,054	6,841	22.76
May-17	41,373	5,717	13.82	38,478	6,234	16.20	34,503	7,928	22.98
Nov-16	37,200	2,655	7.14	36,896	4,545	12.32	36,768	4,256	11.57
May-16	77,374	14,092	18.21	77,086	14,474	18.78	40,180	4,565	11.36
Nov-15	77,442	9,764	12.61	75,774	9,084	11.99	42,469	2,440	5.75
May-15	72,874	8,317	11.41	77,991	12,894	16.54	42,847	3,538	8.26
Nov-14	64,972	15,208	23.41	66,552	6,830	10.26	36,254	2,983	8.23
May-14	65,792	8,884	13.50	65,706	7,004	10.66	42,533	3,100	7.29
Nov-13	51,728	2,932	5.67	54,786	4,026	7.35	32,536	1,013	3.11
May-13	45,822	6,319	13.79	50,354	9,389	18.65	27,556	2,764	10.03
Nov-12	48,320	13,193	27.30	51,906	11,341	21.85	29,339	3,804	12.97
May-12	51,002	12,912	25.32	55,108	16,325	29.62	30,976	5,075	16.38
Nov-11	49,299	12,590	25.54	57,186	15,905	27.81	31,705	5,003	15.78
May-11	48,548	17,641	36.34	53,766	14,338	26.67	32,419	6,649	20.51
Nov-10	41,302	9,911	24.00	45,955	7,034	15.31	28,430	2,802	9.86
Jun-10	28,889	4,063	14.06	35,187	3,235	9.09	20,666	945	4.57
Nov-09	25,224	5,011	19.87	30,641	3,099	10.11	18,502	1,454	7.86
Jun-09	25,848	8,379	32.42	27,840	4,185	15.03	18,625	2,579	13.85
Nov-08	21,176	5,892	27.82	23,856	5,762	24.15	14,614	2,926	20.27
May-08	17,552	6,444	36.71	18,685	5,290	28.31	10,580	2,645	25.00
Nov-07	16,137	6,353	39.37	16,493	5,005	30.35	8,654	2,446	28.26
May-07	15,083	2,289	15.18	15,874	2,777	17.49	7,467	1,023	13.70
Nov-06	14,587	5,505	37.74	16,947	6,555	38.68	6,830	1,830	26.79
May-06	15,355	5,832	37.98	17,952	5,718	31.85	7,053	1,608	22.80
Nov-05	15,902	5,039	31.68	20,085	5,772	28.74	7,620	1,348	17.69
May-05	18,211	5,748	31.56	20,513	3,520	17.16	8,650	1,243	14.37
Nov-04	16,645	4,089	24.57	20,448	4,484	21.93	7,666	939	12.25
May-04	20,724	7,011	33.83	21,364	3,354	15.70	9,770	1,490	15.25
Nov-03	19,501	4,450	22.82	20,377	4,381	21.50	8,597	1,076	12.52
May-03	20,290	4,469	22.03	18,692	2,203	11.79	7,943	802	10.10