I WOULD LIKE TO KNOW THAT WHICH ELECTRICITY ACCOUNTS CHAPTER IS APPLICABLE ? WHETHER CAPITAL BASE,DISPOSAL OF SURPLUS CONCEPTS R APPLICABLE OR THE CONCEPTS GIVEN IN THE STUDY MATERIAL ON ICAI WEBSITE IS APPLICABLE.
AKSHIT MALHOTRA (C.A Final Student) (1337 Points)
19 August 2013I WOULD LIKE TO KNOW THAT WHICH ELECTRICITY ACCOUNTS CHAPTER IS APPLICABLE ? WHETHER CAPITAL BASE,DISPOSAL OF SURPLUS CONCEPTS R APPLICABLE OR THE CONCEPTS GIVEN IN THE STUDY MATERIAL ON ICAI WEBSITE IS APPLICABLE.
Deepak Gupta
(CA Student)
(15922 Points)
Replied 19 August 2013
The study material was revised in July 2012 and applicable for May/Nov 2013 Exams. Electricity Company chapter was revised and brief provisions/requirements as per Electricity Act, 2003 & Regulations 2004 & Regulations 2009 has been included.
.
Above areas namely Final Accounts & Replacement of Asset as per Double Account System & Disposal of Surplus as per Electricity rules stands omitted from syllabus & no questions will be asked on the same.
.
Pay attention to new topics as ICAI hasn’t asked a question in the previous term (i.e. May 2013) from the newly amended chapter.
.
For Notes on changes in Electricity Companies Chapter: Click Here
CAclubindia
