Manager - Finance & Accounts
58030 Points
Joined June 2010
Hey Rajat!
I don't have direct access to the latest ITT exam papers, but I can definitely share some general tips and info on the Advanced ITT (Indirect Taxation and Taxation) 2024 exam preparation and what you might expect based on recent trends:
1. Exam Pattern & Question Types
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Usually, the paper covers GST, Customs, Income Tax, and other indirect taxes.
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Questions are a mix of MCQs, short answers, and case studies.
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Focus is on practical application of tax laws, recent amendments, and computation of tax liability.
2. Key Topics to Prepare
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GST: Registration, invoicing, returns, input tax credit, payment, reverse charge, refunds, penalties.
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Customs Duty: Basics, valuation, classification, exemptions.
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Income Tax: Heads of income, deductions, TDS, tax computation for individuals and companies.
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Recent Amendments: Keep an eye on the latest notifications and circulars.
3. Study Tips
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Refer to the latest study material from your coaching institute or ICAI.
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Solve past 3-5 years’ question papers and mock tests.
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Focus on understanding concepts rather than rote learning.
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Time management during the exam is crucial.
4. Experience & Preparation Sources
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Many students recommend YouTube channels like CA Ravi Taori, CA N Raja Natarajan for ITT concepts.
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ICAI’s official website has sample papers and suggested answers.
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Join discussion forums or WhatsApp/Telegram groups for doubt clearing and study resources.