Hai friends,
Target of this plan:
To score 75+ in TAX!!!
My apology:
For the query is quite lengthy and sometimes boring..
Have used the word 'even" many times to express the possibility
This is not actually a study plan.
My Background
This nov 2013 is my second attempt ( Ya i know its bad) . In my first attempt , wrote only group 1 .
Managed to pass in all subjects but lost in aggregate by 15 marks . Scored 48 in Tax. But, this time hoping to get 75.
My Plan
Will study Service tax nd VAT like doing a research on it. So that, even if the Qns are horrible i can score 38 out of 50 (am using"Prudence" principle.)
Next, DIRECT TAX
Even if we study 5 heads of income thoroughly, we cant get even 20 marks in it. ( Yes, thats true, last attempt, it came for just 16) So, ill study not like a researcher but like a student.i.e. dig widely not deeply!!
Out of the another 50- Taxation of individuals(10 m)- can get 7!
remaining 40=8marks*5qns
For each Qn, even if we get 6 that amounts to 30!
So, TOTAL=38+7+30=75 !!!
MY QUERY
To my seniors:
Is this a good plan? Negative comments are most invited too..
Is it ok to IGNORE direct tax THEORY????
And to my ipcc friends:
Was it helpful for you to plan for your own plan?
And did this post increase ur confidence to get 80+?
(I hope this post is not being read by the qn paper setter/the evaluator)
CAclubindia
