Suggest me how to complete my tax course for ipcc

IPCC 827 views 3 replies

hello m yamini,, ipcc student , m appearing in nov attempt ,,m vry gud wid my practical subjects bt in tax i jus mix up everything plz help me n suggest me d way i can mug up all d things

Replies (3)

Firstly you can't mug up Taxation just like that unless you understand the subject

You are saying u are good at practical subjects, Income Tax also Practical only, Only thing is you should thorough with Provisions, Do as many problems as you can. I scored 70 in Taxation, I'm too love practical subects

 

Here are a few tips to gain command over Taxation

First Understand the Basic purpose of Particular Chapter (Eg. House Property, it deals with how to tax House rent Income, is there any exemption to any individuals (SOP), How to compute value to  Calculate Tax ( Valuation),  Some Special Cases) Like this you can get through the chapter well

 

Secondly, whenever you read any Provision, Do some excercises on that provision, by this you can gain command over that provision.

 

Next, Write down all the provisions you are done at the end of chapter, If possible write rules laid there in every provision for quick revision

 

Practice Compilation Chapter wise, RTPs, Mock test papers etc 

Do this for every chapter You are done, it is that simple

 

Finally Material, do't go for any material containing only provisions without any explanations. I suggest you to prepare Book from Dr Girish Ahuja and Dr Ravi Gupta, there you can find explanation to every provision. No need for any tutions

FOR VAT PREPARTION go through the link given below:

/share_files/complete-note-on-vat-prepared-by-abhinandan-jain-35186.asp

No need to mug up anything friend. Just give sound reading to all the provisions.

 

Make short notes of imp provisions and paste them on your room’s walls. Keep revising them. After finishing a provisions try and understand the application of provision in the example.

 

Further try and develop ur interest in the tax subject. You need small concentration in tax and that’s all.

 

RG


CCI Pro

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