Almost all of us have welcomed the ICAI's Notification making taxable serices inapplicable for Final and IPCE.
But very few are looking to the other side of the coin. Such exclusion has arisen some questions
1. So now,will the CA sy\tudents have some theory -practical mix knowledge of well no. of taxable services ?
2. The course coverage of Service tax has been brought parallel to that of CS and CMA course, because it was taxable services only which were adding beauty to the CA course. Now the beauty will fed.
3.Service tax being a very new as well as lucarative field...CAs have lot to show and prove their expertise....will that oppurtunity slip away because now CAs will not have specific knowledge of some very important services.....and it is these services only which are litigative .....so for CAs depth knowledge in their study period will be miles far.
I do agree that this exclusion will definately reduce some burden of students.....but full burden removing is really not a welcome step ....services hatani hi thi toh 32 ki 16 kar dete ....klekin zero kar dena to bemani hi hhhhhhhhh.
CAclubindia
