idt

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madhurima (Querist)
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03 June 2010 is der any problem with banghar's idt book?? i hv heard der r sum 15 mistakes in it is it true?? if yes can sum1 let me knw wht mistakes r those???

Manek Amit

Manek Amit (Expert)
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15 June 2010

Manek Amit

Manek Amit (Expert)
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15 June 2010 I will get back to you soon on this after verifying
meanwhile if you get the answer about the mistakes plz also tell me
manekamit@gmail.com

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Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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28 July 2024 Bangar's book on **Indirect Taxation (IDT)**, authored by **V.S. Bangar**, is widely used among students preparing for the CMA (Cost Management Accounting) and CA (Chartered Accountant) exams. However, like any educational material, it may have some errors or inaccuracies that could affect your preparation if not identified and corrected.

### **Common Issues and Mistakes in Bangar's IDT Book:**

#### **1. **Errors in Content:**

- **Technical Mistakes:** These may include incorrect or outdated information on tax laws, rates, or procedures. Tax laws are subject to frequent amendments, so ensure you cross-reference the information with the latest notifications and amendments.
- **Calculation Errors:** Sometimes, calculation errors in examples or exercises can mislead students. Double-check calculations against authoritative sources.

#### **2. **Updates and Amendments:**

- **Outdated Information:** Given the frequent updates in tax laws, any educational material might become outdated. Ensure you complement Bangar’s book with the latest updates from official sources like the Income Tax Department or GST portal.

### **Steps to Address and Mitigate Issues:**

#### **1. **Verify with Official Sources:**

- **Cross-Check Information:** Regularly verify the information against the latest updates on GST, Customs Duty, and other relevant areas from official sources such as the GST portal, CBEC website, or recent amendments in the Finance Act.
- **Refer to Notifications:** Review recent notifications and circulars issued by the tax authorities to ensure that your study material aligns with the latest regulations.

#### **2. **Use Additional Resources:**

- **Supplementary Books:** Consider using other reference books or study materials for a broader perspective and to cross-check facts.
- **Online Resources:** Utilize online resources, including forums and official tax authority websites, to get updated information and clarify doubts.

#### **3. **Engage with Study Groups:**

- **Discussion Forums:** Join study groups or online forums where students and professionals discuss and clarify errors or updates in study materials.
- **Peer Review:** Engage with peers or mentors who can help identify and rectify any mistakes in your study materials.

#### **4. **Seek Guidance from Coaching Classes:**

- **Expert Opinions:** Coaching institutes often provide updated materials and can clarify any issues you might have with Bangar's book or any other study resources.
- **Updated Notes:** Obtain updated notes or guidance from coaching centers to complement your learning.

### **Common Mistakes Noted:**

While specific errors in Bangar's book might vary and could be updated over time, students have reported issues such as:
- **Inaccurate Examples:** Some examples might contain incorrect figures or application of tax rules.
- **Outdated Tax Rates:** Tax rates or procedures that have changed due to recent amendments might be outdated.
- **Errors in Case Studies:** Misinterpretation or incorrect analysis of case studies and practical examples.

### **Summary:**

While Bangar's IDT book is a valuable resource, it’s essential to be aware that it may have some inaccuracies or outdated information. Address these issues by verifying information with official sources, using supplementary materials, engaging in study groups, and seeking expert guidance. Regularly update yourself with the latest tax regulations and amendments to ensure accurate and comprehensive preparation.