25 August 2013
announcement by BOS of ICAI, the Hire Purchase Trading A/c and Hire Purchase Stock and Debtors Methods are deleted from the syllabus of Hire Purchase topic of Group I Accounting paper.IS IT APPLICABLE FOR NOV 2013 EXAM???
25 August 2013
http://www.icai.org/new_post.html?post_id=9838&c_id=342
Read the announcement from above link. It is not mentioned that from which term this is inapplicable. It states "students of Intermediate (IPC) Course Paper 1: Accounting are advised not to read the said methods given in Chapter 11 of the Study Material". So i would presume it this announcement is applicable from Nov 2013 term itself.
25 August 2013
But this announcement is in respect of exclusion so i have my doubts. This should have been clarified in the announcement itself. So better to get it confirmed from ICAI.