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Ca final direct taxes and isca

Anonymous94 (Article Trainee) (38 Points)

20 January 2016

Hello, I qualified CA final group 1 this Nov,2015 but couldn't clear Group 2. I didn't pass in ISCA and DT where I was pretty confident I would clear both groups. I don't understand where am going wrong with DT because that was the most confident paper I have given but I got only 26 and ISCA 35. I want to clear it in this may and I want advice on how I should approach DT and ISCA and where am going wrong. Thanks

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CA Deepak Bhardwaj (Job) (116 Points)
Replied 20 January 2016

Congrats for clear grp 1 , For DT - Focus on Case study published by icai (16 Marks ) which is applicable to your exam , You should well on all amendment & Master the imp. topics like TDS , DTAA, TRUST, Assessment , PGBP etc. and make sure to revise 3-4 years previous exam question of every topic & fully revise dt day before the exam never miss any thing.

For ISCA - Study material of ICAI + Practice Manual of ICAI & Try to learn Bullet points of every question it will seems difficult but when u will revise confidence will grow.

I socre 72 in isca & 50 in Dt - ( Nov. 15 attempt itself) - grp 1 pending

Thanks

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CA Saba Naaz (Chartered Accountant) (8487 Points)
Replied 21 January 2016

For ISCA : You can refer manish valechha book . Try to memorize the key points or key words through mnemonics. Writing key points is must for answering questions in ISCA and scoring well. Write the relevant point instead of increasing the length of the answer. And For DT : Prepare assessment procedure part keeping it a priority. Read case laws and underline or write down the main conclusion for referring 1 day before exam. Try to quote section numbers in answers.

rahul (Chartered Accountant) (5572 Points)
Replied 21 January 2016

Originally posted by : CA SABA NAAZ
	For ISCA : You can refer manish valechha book . Try to memorize the key points or key words through mnemonics. Writing key points is must for answering questions in ISCA and scoring well. Write the relevant point instead of increasing the length of the answer. And For DT : Prepare assessment procedure part keeping it a priority. Read case laws and underline or write down the main conclusion for referring 1 day before exam. Try to quote section numbers in answers.

Anonymous94 (Article Trainee) (38 Points)
Replied 23 January 2016

Thanks Deepak congratulations and All the best for group 1. Thanks CA saba naaz and Rahul. :)

QLI Coaching for CA CS (www.qli.co.in) (539 Points)
Replied 26 January 2016

Dear Student,

Fir DT: ICAI likes to test your ability and proficiency on the concepts in this subject. Please be thorough with the amendments and concentrate on important chapters such as Assessment Procedure, Profits and Gains from Business and Professions, Capital Gains, Minimum Alternate Tax, Taxation of a Non Resident Indian and always keep revising.

Also, Read Supplementary Study Paper, Research Test Paper, Recent Case Laws, and Practice manual.

Remember Landmark Judgements verbatim.

For ISCA:

1. Make sure that you understand the subject thoroughly.

2. Always ensure that you study the full portion. No omissions

3. Please keep in mind that similar questions have different answers and it is essential to pay attention while reading the question and before attempting the answer. So know which points are for which questions

4. Know your headers thoroughly, make it a point to highlight them.

5. Try to write your answers in technical terms as far as possible.

6. The key to scoring in ISCA is multiple revisions. Make a list of the headers and revise them daily.

7. This can not be emphasized enough, write and Practice your papers.

If you have any doubts, feel free to contact us.

All the Best!

Regards,

QLI Success Oriented Coaching for CA and CS

www.qli.co.in

9029083303