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Icds applicable for nov'16 exams?

Srinivas (accountant) (222 Points)

26 July 2016

Hello All,

Considering the below notification that ICDS will be applicable effective 1st April'2016 onwards, does any one if ICDS will be applicable for NOv'2016 final exams?

https://www.icai.org/new_post.H T M L?post_id=12759&c_id=219

Regards

Srinivas

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4 Replies

CA Uday Kiran (Chartered Accountant) (653 Points)
Replied 26 July 2016

Yes it does.

ICDS are applicable for NOV 2016 exams.

Dont forget to prepare the same.

Srinivas (accountant) (222 Points)
Replied 27 July 2016

Thanks Uday for your response.

But as per the CBDT notification (refert to link above) ICDS is deferred for implemenation and will now effective from1st April'2016 onwards, in which case will this be applicable for Nov'2016 exams?

Please clarify.

Regards

Srinivas

CA Uday Kiran (Chartered Accountant) (653 Points)
Replied 27 July 2016

The point is, if you take most of the quesions in PGBP and Assessment of various entities both in PM and SM,the additoinal point is added at the end of the answer relating to the ICDS Provision.

This is beacuse, the examiner should know that you are aware of ICDS which fetches marks. The key as per May 2016 examinations clearly specifies the weightage of the point relating to ICDS.

So eventhough there may not be a direct quesition relating to ICDS there will be definitely 3-4 points relating to it in the entire paper. Remember reasonable weightage is given to the point relating to ICDS. So dont confuse....and dont listen to others who misguide.

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