CA
90 Points
Joined January 2010
HI KARAN , FIRST OF ALL DON’T FEEL YOU GOT SAME 34 AGAIN IN ISCA IN NOV14 AS IN MAY 14, BECAUSE THEY CHANGED SYLLABUS TO A SIZABLE EXTENT. SO NO COMPARISON WITH EARLIER ATTEMPT. I AM ALSO HAD SAME PROBLEM CLEARED 1 ST GROUP MAY 2013 BUT IT TOOK THREE ATTEMPTS TO CLEAR 2ND GROUP. AMA NOT ONLY YOU MOST STUDENTS (INCLUDING MYSELF) COULD ABLE TO ATTEND 70 TO 80 MARKS ONLY BUT YOU CAN SCORE WELL IF YOU ATTEND THOSE 70 TO 80 MARKS WELL. IF YOU WANT TO ATTEND FULL PAPER , THEN YOU HAVE TO DO MORE PRACTICE ( HELPS YOU TO INCREASE SPEED OF ANSWERING) IN AMA YOU CANNOT SKIP ANY TOPIC BUT YOU GIVE MORE WEIGHTAGE TO SMALL TOPICS LIKE OR AREAS, ABC COSTING, PRICING,RELEVANT COSTING, BUDGETING ,THEORIES ETC. FOR STANDARD COSTING PUT LESSER TIME , COVER ALL VARIANCE FORMULAS, RECONCILIATION FORMATS AND ONE ILLUSTRATION FROM EACH. FOR TRANSFER PRICING TRY TO UNDERSTAND CONCEPTS DO ALL PAST EXAM QUESTIONS, FINALLY U TRY TO DO MARGINAL COSTING IN LEAST POSSIBLE TIME, ONE PROBLEM IN EACH TYPE OF SITUATIONS (IN MY VIEW TULSIANS BOOK BEST FOR MARGINAL COSTING U MAY TRY THAT) IN EXAM TRY TO ATTEND AS MUCH PROBLEMS YOU CAN DO, DON’T STUCK UP IN A PROBLEM , IF YOU HAVE DIFFICULTY IN SOME PROBLEM THEN GO NEXT WITHOUT WASTING YOUR PRECIOUS TIME ON THAT. TRY TO USE 15 MINUTES READING TIME EFFECTIVELY IN PLANNING WHAT PROBLEMS ARE EASY AND LESS TIME TAKING AND WHAT ARE MORE TIME TAKING PROBLEMS. ISCA ISCA 1ST AND 4 TH CHAPTER IS LITTLE BIT DIFFICULT TO MEMORIZE BUT REST TOPICS ALL ARE EASY . YOU STUDY ISCA IN ORDER OF EASINESS EASY TOPICS 8,2,3,6,7 MEDIUM LEVEL TOPICS 5 DIFFICULT TOPICS 1 & 4 (THOUGH IN BOTH TOPICS SOME AREAS ARE THERE, U SHOULD COVER WELL THOSE EASY AREAS YOU MAY MAKE SUMMARIZED NOTES IN MS WORD( and make hard copy) FOR EACH TOPICS WHICH SHOULD CONTAIN HEADINGS, SUBHEADINGS, IMPORTANTS POINTS. WHICH SHOULD BE LESSER THAN 4 TO 5 PAGES FOR EACH TOPICS. (YOU MAY COPY PASTE THESE POINTS FROM INSTITUTES STUDY MATERIAL PDF EASILY). This summarized material will be very handy during the day before exam. DIRECT TAX STUDYING YOGENDRA BANGER ALONG WITH VINOD GUPTA SUMMARY MODULE MAY HELP YOU IN MANAGING TIME IN STUDYING THE PAPER, STUDY IMPORTANT TOPICS WISE, DON’T WASTE TIME IN UNIMPORTANT TOPICS WHICH NEVER ASKED OR ASKED AT VERY LESSER TIME ( REFER PAST EXAM WEIGHTAGE PATTERN). STUDY WELL AMENDENTS ALONG ,CASE LAWS & RTP MAY 2015. INDIRECT TAX 1. STUDY WELL AMENDMENTS,CASE LAWS & RTP MAY 2015 2. STUDY WELL SERVICE TAX (ALL TOPICS) WHICH COMES FOR 50 MARKS 3. GO THROUGH PRCATICAL PROBLEMS OF PAST EXAMS IN ALL TOPICS (EX:VALUATION,CENVAT,SSI, CUSTOMS VALUATION & CLASSIFICATION, SERVICE TAX & OTHERS) 4. STUDY ONLY IMPORTANT TOPICS IN EXCISE ( VALUATION,CENVAT,SSI, CLASSIFICATION, BASIC CONCEPTS, IF TIME PERMITS CENTRAL EXCISE PROCEDURE ). IN CUSTOMES ALSO ONLY IMPORTANT TOPICS (VALUATION, CLASSIFICATION,BAGGAGE,FOREIGN TRADE POLIY(5MARKS), STUDY GENRAL TOPICS LIKE AAR,SETTLEMENT COMMISSION WELL (VERY SMALL TOPICS ONLY) 5. BEFORE THE DAY EXAM DON’T SPEND MUCH TIME ON EXCISE AND CUSTOMS AREAS INSTEAD PUT MORE TIME ON SERVICE TAX,AMENDMENTS,CASELAWS, PRACTICAL PROBLEMS. & RTP. ALL THE BEST FOR YOUR MAY 2015 EXAM. (CAVEAT: THE ABOVE STRATEGY WORKED FOR ME, THAT’S WHY SUGGESTING, YOU MAY MODIFY ACCORDING TO YOUR PERCEPTIONS)
..In May 2014 attempt, i scored 34 in ISCA and couldn't made the mark.To my surprise and shock i again scored 34 in ISCA in this attempt which i couldn't believe at all.In may 2014 attempt, it was my mistake becuase i studied from dinesh madan sir's class notes but this time i prepared from Manish Vallecha book and dint even touch any class notes. Still no difference.
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