CA Final old - IDT concise & easy book

CA Final 822 views 2 replies

Ajaib Singh

CA Ajaib Singh Sandhu

194 Points Posted on 19 May 2010

I cleared my 1^st group of CA Final in May 2008. I work for MNC in Mumbai and can’t afford to quit job for studying considering the fixed monthly commitments that needs to be honored. At the same time I do not get time to study due to extensive working/traveling hours. I do not even get leave for more than the exam days (Thank God atleast now we have one day leave for each paper). Similar was the case with 1^st group (however since I faired well in Accounts/FM I could clear this with least efforts) I have appeared for 2^nd group (thrice since May 2008) & below is my comfort level subject wise:

1) Costing (comfortable, I do not see problem in scoring anywhere between 45-55 except once when I was expecting around 55 and I got just 33 marks….. I think manipulation of results to control supply & Demand………..)

2) MICS (Very Comfortable, still this is not giving results I got 58 once and 59 once….. Thanks to the paper checker & my LUCK…….)

3) DT (Ok Ok type, I manage to get around 40-45 marks)

4) IDT (Killing & Most Dangerous these are my own views, I wonder how people get exemptions & score this subject. They say Bangar is a good book, however I am not comfortable (may be because I do not get enough time, secondly the way answers are presented I fear a lot…..) Can someone please suggest a book which gives point wise brief provision of IDT laws which is also easy to remember.

I am reaching a level of frustration, as even this time I goofed up in IDT. I can’t even think of quitting CA can someone please help……

Replies (2)

Ms.Shah

Chartered Accountant

47 Points Posted on 19 May 2010

Dear Ronit,

First and foremost you have to change your attitude towards IDT subject.It is indeed an easy & a scoring paper.

Coming to the preparation side of it,our Institute study material is very good resource to start with.You can then read Vaitheeshwaran.Infact,Vaitheeswaran's book gives crisp and clear understanding of the subject.

V.S.Datey 's book is self explanatory,but if there is time constraint, I would suggest you follow Vaitheeswaran's book.You can also go through the Institute publication of DT & IDT caselaws which comes out usually in March/Sept.The advantage of reading that publication is that it contains a gist of all important as well as recent caselaws.

Hope,I have resolved your query. All the Best!!!