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Income tax module

(Guest)

Is income tax module of ipcc(november 2012) is applicable for november 2013 exam???If not then which edition is applicable for the same??

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Sathish M (Management Accountant) (40581 Points)
Replied 18 April 2013

If the module covers A.Y 2013-14,then the same can be used for your November 2013 Examination.

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(Guest)

Yes they cover assessment year 13-14,are you same sure for the same, if there are new ammendmend then is it applicable

Sathish M (Management Accountant) (40581 Points)
Replied 18 April 2013

Sir the Finance Act 2012 will be applicable for May and Nov 2013 Examination. The main things that you are suppose to update with the existing material will be the latest case laws, circulars and notifications issued six months before examination..

(Guest)

November 2012 Module will not be applicable for Nov 2013.

(Guest)

can anyone tell me which edition of module of tax is application is applicable for november 2013 IPCCexam

Sathish M (Management Accountant) (40581 Points)
Replied 20 April 2013

Originally posted by : student

can anyone tell me which edition of module of tax is application is applicable for november 2013 IPCCexam

Mr. or Miss Student, as already mentioned Finance Act 2012 will be applicable for November 2013 Examination, you may use the November 2012 Edition. Please understand that due to marketing strategies some authors try to come out with a May edition and November edition. In the November 2013 edition there will be minor inclusions such as May 2013 Exam paper with solution, some case laws and notifications and circulars, which the Institute will obviously release suggested answer and RTP, which contains all those. The Finance Bill is laid before the Parliament annually as a budget document and passed in both houses and obtains assent of the President of India before becoming a law and it will not change every six months.

Try to ask a logical question too, whether the Institute will have a November 2012 edition and one more edition let us say in Feb or March, even if it does, it will only be a re-print edition and not revised edition. Hope this clarifies your doubt.