Pls comment on my plan.

IPCC 537 views 2 replies

Deepika

CA Aspirant

298 Points Joined July 2011

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)

Replies (2)

Rohit

CA-Final

1485 Points Joined May 2012

Don't use strategy on how much you can score. This can make you feel low during exam time. I would suggest you complete 100% syllabus, if not at least complete important areas.

Don't use strategy like you would score 30 in this part, 7 in other and so on.

For ST and VAT - Request to purchase Ajay Jain Book. They are short and awesome.

For IT - Don practice from book you are following.

For IT theory - Use Ajay Jain Book again. You can take photostate of theory chapters of Ajay Jain Book from any of your friend's book.

By using this strategy I managed to score 70 in Tax by self study

Remember your more focus should be on ST and VAT as they are scoring.

Now, in terms of marks, Try to score passing marks in ST and VAT then try to score bonus marks in IT.