How can I study for IPCC tax?
Begin with Direct Taxes – When you begin to study CA Intermediate Taxation, cover the basic five heads of income as the subject is vast. Here’s a suggested flow: Income from house property → Capital Gains → Income from other sources → Income from business/profession → Income from Salary.
How can I prepare for CA Inter tax?
How to study Taxation | CA Intermediate | CA Final – 5 Steps
- Step 1: Divide the subject into sub-topics and allocate time to each sub-topic.
- Step 2: Begin with Direct Taxes –When you begin to study CA Intermediate Taxation, cover the basic five heads of income as the subject is vast.
- Step 3: Move to Indirect Taxes.
Is taxation difficult in CA Inter?
The syllabus is too vast in tax and it is difficult to revise it in one day. So, preparation of notes is beneficial and can enhance the revision speed.
How many hours study for IPCC?
Study plan for CA IPCC – 1st Revision
| Subject | Daily preparation time for each paper | Total hrs. |
|---|---|---|
| Cost Accounting and FM | 2 hr x 45 days | 90 hrs. |
| Taxation | 3 hr x 45 days | 135 hrs. |
| Advanced Accounting | 1 hr x 45 days | 45 hrs. |
| Auditing | 1 hr x 45 days | 45 hrs. |
Which group is easy in CA Intermediate?
Start with the Accounting Standards as they are much easy compared to other topics and also very much scoring. At the Intermediate level, they will cover around 20 marks paper. From the above AS – 7, 9, 20, 26 are easiest.
How can I clear IPCC Group 1?
- Steps to Clear CA IPCC in 30 Days / 1 Month.
- Step 0.1 – Avoid Smart phones, Social Media, Entertainment, Friends & Relatives.
- Step 1 – Forget your past exam results.
- Step 2 – Prepare a study plan & make your study schedule.
- Step 3 – Choose the best reference books.
- Step 5 – Prepare Important Topics.
Is ICAI study material enough for CA Intermediate?
Although the study material provided by the CA Institute are the best books and are enough to study for the CA Intermediate and CA IPCC exam. So here smart strategies play vital role which says jut rely on study material given to you in your coachings and give your 100% to that book only because it covers everything.
How can I get exemption from IPCC?
- You must have appeared in all the papers of a group.
- You must have failed in the Group and should have secured a minimum of 60 Marks in any paper of that group.
- An exemption is valid for 3 immediately succeeding exams and will be carried forward automatically for the next 3 examinations.
Can I pass IPCC in 15 days?
I cleared my IPCC in 15 days as I was pretty sure if I strengthen my weakness, I will clear. So, the crash course helped me to overcome the 40 marks hurdle in Paper 2- Cost/Fm and I got exemption in Accounting as planned. Got 205 in grp 1 and 145 in grp 2. Study in your productive time periods.
How many times IPCC held in a year?
A Student can appear for CA IPCC Exams after 8 Months of having submitted the IPCC Registration Form (earlier the duration was 9 Months but was reduced to 8 Months on 30th Jan 2012 by ICAI) Although the IPCC Registration Forms are accepted by ICAI throughout the year – the IPCC Exams are held only twice every year – …
Is IPCC difficult to pass?
Every student of Chartered Accountancy wants to crack the IPCC exam in one attempt. But, passing IPCC in the first attempt is not as difficult as it is formulated to be. Many of the ambitious minds clear it in the opening shot and even get ranks.
Is 2 months enough for CA Inter?
CA Intermediate exams require full self-study for 2 months and 10 hours per day before the exam. Practical papers are manageable as most (about 80-85%) questions will be asked from ICAI material, RTP, previous papers.