Ca ipcc tips for taxation

IPCC Taxation tips :- after law i have written tips for taxation {Share as much as u can} 1. give due concentration on recent ammendmends they have weightage of 10 to 15 n even 20 marks in the paper 2. IPCCians should concentrate more on VAT n SERVICE TAX as they shares 50 marks in paper n just 20 % of syllabus 3. As always RTP is recomended to be done 4. Dont pay much attention on sections now .If u already learnt sections than jst revise once n Dont quote sections unless u r 100% sure about that 5. it is not necessary to qoute sub sections i.e if sec is 56(1) (vii) u can write as per the provisions of sec 56 of the xyz Act. 6. If some body is providing u summarry notes then pls dont follow them, jo aapne pahle kar rakha h usi mai se pade . 7. In exam attemp service tax n VAT portion first . it will take hardly 1 hour to complete this 50 marks paper so it will add on to your confidence 8. attemp calculation of total income question in last bcs it is confusing n tym consuming 9. dont go for any importants bcs in tax even one concept of one line could be asked from examiner for 8 marks 10. As said earlier make proper working notes for practiacal questions 11. tricky que could be asked from pgbp , capital gain n other sources as a case study .. n last no need to learn case laws .. they r not expected from ipcc students all the best for ur exams :) join me :- Alkit Jain