IPCC May '11 Query

Others 1353 views 6 replies

Nish Agr

107 Points Posted on 20 August 2010

IPCC May '11 Query

We need to refer to the latest amendments for taxation, so Im told. Are there any amendments post the yearly Finance Act? In that case which Finance Act amendments are applicable for my attempt? 2010 - right? and for Nov 10 attempt?
And where exactly can I get all these amendments?

Im planning to refer to Singhania for taxation, but the book is available only for Nov 10 attempt, not May 11. Should I buy it? What would be the difference?

One more thing. Are there important updates/amendments for other subjects as well? Law, for example?

Most of the books for the May '11 attempt are not available in the market. Is the course/syllabus different for May '11 from Nov '10? Should I go ahead with the books for Nov '10 attempt?

Which book is good for Accounting Standards?

For Cost FM, I'm confused between Ravi M Kishore and Kalra. Which of these is more comprehensive?

Replies (6)

NUKUL GARG

Senior Associate Consultant

1231 Points Posted on 20 August 2010

All the subjects remain same,

Except for taxation and audit.

In taxation Finance act of 2010 will be applicable,similarly for service tax ICAI issues either new services or not depending fully on ICAI and announcement will be made for same. For taxation you should refer Girish Ahuja sir's book both for practical and theory.

And for Audit New or Revised SA's can be issued.So get updated in these subjects.

For A/c standards ICAI module is best to study.

For costing Kalra is good as it contains large no. of questions for better practice.

So if any book for Tax contains ammendments of FA,2010 then buy it.

Nish Agr

107 Points Posted on 20 August 2010

Im confused b/w Singhania and Ahuja. Someone told me that the former has more practicals, and is more comprehensive. What, according to you, is the difference between the two books?

NUKUL GARG

Senior Associate Consultant

1231 Points Posted on 21 August 2010

If you are opting for self study then Girish Ahuja is best because of the language it contains is easy to understand,but in singhania the law language is given,also girish Ahuja has a separate book for practical question you can buy it for practice.