Here is the brief analysis of Paper 4 - Taxation held on 9th May 2016:
Overview:
The paper seemed to be lengthy at first instance.
But as per students review, it went on quite well & was manageable at their end.
Maximum questions were from ICAI Material including Study Material, PM & RTP.
Q1 (a) - As expected was on Computation of NTI , which was an average one.
Amendments in Direct Tax was given a good weight-age, so in that case, ICAI has maintained its trend.
As compared to Practical Questions, a good number of Theory Questions were asked this time (Approximately 44 Marks Theory)
This saved many students, who were struggling with the Practical Questions!
Trend:
The trend was found to be changed this time. More weightage was given to small chapters like Basic Concepts of DT, Exemptions, Interest etc over Heads of Income as compared to previous attempts.
Suggested Answers of Direct Tax (CA IPCE) Paper May 2016 Exams