Important Topics for CA Final (New) - Group 2

Chapter

Topic

Weightage

Strategic Cost Management

Chapter 1-5

Introduction to Strategic Cost Management

Modern Business Environment

Lean System and Innovation

Cost Management Techniques

Cost Management for Specific Sector

25 marks

Strategic Decision Making

Chapter 6-7

Decision Making

Pricing Decision

15 marks

Performance Evaluation and Reporting

Chapter 8-10

Performance Measurement and Evaluation

Divisional Transfer Pricing

Strategic Analysis of Operating Income

25 marks

Managerial Control

Chapter 11-12

Budgetary Control

Standard Costing

15 marks

Case studies

Chapter 13

case studies

20 marks

Chapter

Topic

Weightage

Part 1 -Direct Tax

Chapter 1-2

Chapter 1: Basis of charge, residential status, income which do not form part of total income, heads of income, the income of other persons included in assessee’s total income, aggregation of income, set-off and carry forward of losses, deductions from gross total income, rebates, and reliefs

Chapter 2: Special provisions relating to companies and certain persons other than a company

35%-45%

Chapter 3

Chapter 3: Provisions relating to charitable and religious trust and institutions, political parties and electoral trusts

5%-10%

Chapter 4

Chapter 4: Tax Planning, Tax Avoidance & Tax Evasion

5%-10%

Chapter 5

Chapter 5:Collection & Recovery of Tax, Refunds

15%-20%

Chapter 6-7

Chapter 6: Income-tax Authorities, Procedure for assessment, Appeals and Revision

Chapter 7: Settlement of Tax Cases, Penalties, Offences & Prosecution

15%-25%

Chapter 8-9

Chapter 8: Liability in Special Cases

Chapter 9: Miscellaneous Provisions and Other Provisions

5%-10%

Chapter 8-9

Chapter 8: Liability in Special Cases

Chapter 9: Miscellaneous Provisions and Other Provisions

5%-10%

Part- 2 International Taxation

Chapter 1-2

Chapter 1 Taxation of international transactions and Non-resident taxation

(i) Provisions of the Income-tax Act, 1961, including -

(a) Specific provisions relating to Non-residents

(b) Double Taxation Relief

(c) Transfer Pricing & Other Anti-Avoidance Measures

(d) Advance Rulings

(ii) Equalization levy

75%-85%

Chapter 2-4

Chapter 2: Overview of Model Tax Conventions - OECD & UN

Chapter 3:Application and interpretation of Tax Treaties

Chapter 4: Fundamentals of Base Erosion and Profit Shifting

15%-25%

Section

Part 1- GST (75 Marks)

Weightage

Section I

Chapter 1:(ii) Levy and collection of CGST and IGST - Application of CGST/IGST law; Concept of supply including composite

and mixed supplies, inter-State supply, intra-State supply, supplies in territorial waters; Charge of tax (including

reverse charge); Exemption from tax; Composition levy

1 (iii) Place of supply

1 (iv) Time and value of supply

1 (v) Input tax credit

1 (vi) Computation of GST liability

45%-65%

Section II

1 (vii) Procedures under GST including registration, tax invoice, credit and debit notes, electronic waybill, accounts and records, returns, payment of tax including tax deduction at source and tax collection at source, refund, job

work

1 (viii) Liability to pay in certain case

<10%-30%

Section III

1(xi) Demand and Recovery

1(xii) Offences and Penalties

1(xiii) Advance Ruling

1(xiv) Appeals and Revision

10%-25%

Section IV

1) Introduction to GST in India including Constitutional aspects

1(ix) Administration of GST; Assessment and Audit

1(x) Inspection, Search, Seizure, and Arrest

1(xv) Other provisions

5% -10%

Part-2 Customs and FTP(25 Marks)

Section I

(ii) Levy of and exemptions from customs duties - All provisions including the application of customs law, taxable the event, a charge of customs duty, exceptions to levy of customs duty, exemption from customs duty

1(iii) Types of customs duties

1(iv) Classification of imported and export goods

1(iv) Valuation of imported and export goods

40% -65%

Section II

1(vi) Import and Export Procedures including special procedures relating to baggage, goods imported or

exported by post, stores

1(ix) Drawback

1(x) Refund

Foreign Trade Policy

2(ii) Basic concepts relating to export promotion schemes provided under FTP

20% - 45%

Section III

1(1) Introduction to customs law including Constitutional aspects Foreign Trade Policy

2(1) Introduction to FTP - legislation governing FTP, salient features of an FTP, administration of FTP, contents of FTP and other related provisions 2(i) Basic concepts relating to import and export

10% - 20%