16 May 2015
well there is no relevance for many things that ICAI has included in its course material. So better dont apply logic and cover the whole course.
16 May 2015
well no point arguing! ICAI regularly updates on the portion of the study material that is being discarded. Since it did not on wealth tax, then there is no argument on why it was asked in the exam.
And smartness includes covering what is already provided in the study material.
16 May 2015
http://220.227.161.86/37411bos234015.pdf
See above link. It was notified that it will be excluded for CA Final Exam from Nov 2015 Exam.
If we go by your logic then IND AS should also be made applicable and no question from AS should be asked. There is going to be plethora of changes but syllabus can not be changed all of a sudden. It was official that Wealth tax would be abolished in Feb 2015 and exams are in May 2015. Just two months before. What about those students who had prepared for this knowing that it is applicable?
Whatever ICAI has done is good work. We should not complain.
18 May 2015
I SEEN LINK , IT WILL BE APPLICABLE FROM NOV. - 15 EXAM -WHEN I DENIED
U SAID, IND AS SHOULD ALSO BE MADE APPLICABLE AND NO QUESTION FROM AS SHOULD BE ASKED.... - SAME THING I'M TRYING TO SAY WHAT IS ACTUALLY APPLICABLE WHICH IS NOT ASKED , ASKED THOSE WHICH IS REALLY NOT APPLICABLE.
U SAID,ABOUT THOSE WHO HAD PREPARED... -JUST GIVE ANSWER OF THIS QUESTION, SUPPOSE MR X KEPT A SIDE OF RS. 5000 FOR SOME CONTINGENCY EVENT BUT DUE TO SOME REASON THAT EVENT NOT HAPPENED :
NOW MR X HAS TWO OPTION: 1)MR X CAN UTILIZE RS. 5000 IN SOME OTHER AREA
2) MR X CREATES THAT CONTINGENT EVENT FOR WHICH HE KEPT A SIDE AND UTILIZED IT..
MOREOVER, IT IS NECESSARY THAT WHATEVER STUDENT PREPARED SHOULD BE ASKED OTHERWISE FOR PREPARATION OF 100 MARKS -DT , STUDENTS LEARN ABOUT 10000 MARKS (IT INCLUDES EVERY EXAMPLE - P.M..S.M.,RTP,OTHER....TEC.)
U SAID , WE SHOULD NOT COMPLAIN -THIS IS NOT ABOUT COMPLAIN , THIS ABOUT REALITY ,CURRENT AFFAIR ,PRACTICALITY AS ICAI MORE INTERESTING