IDT Exam Tips ... Must Read..

IDT Exam Tips

General

Ø  First solve question which you know best.

Ø  Allocate time for answering each question and stop writing after time allotted by you to that question is over. Keep margin for checking.

Ø  Keep cool and do not panic.

Specific

   Haw to read question properly                              AND                               How to make answer

Solving practical problems –

Ø  Sometimes, some data is not given or question is vague. In such case, student should clearly state the assumptions made by him, so that examiner knows that you are aware of the legal provision.

Ø  If there are two alternate assumptions, student may solve the example in two different ways (if time permits), stating clearly assumptions made for each answer

Answering question on case study:

Ø  Usually, two questions are asked on recent case law, usually of Supreme Court.

The answer should be presented in following sequence  (a) Facts of the case          –   As stated in question, but in your own words

         (b) Issue for consideration –   What issue is to be decided

                                     [Starting lines may be as follows: The issue for  consideration in the given question is………….]

     (c) Legal position     _Quote SECTIONS, RULES, CASE LAWS CIRCULARS, NOTIFICATION etc., regarding the ISSUE.

(d) Conclusion               _ Give your conclusion in the light of Legal position.

                                                            [Ending lines may be as follows:

                                                              (1) In the light of what is stated above.......

                                               (2) IN nutshell…….

                                               (3) In the backdrop of the undisputed factual potion, the       plea of department/ assessee is contrary to the facts……

                                               (4) Summing up we hold that…..

                                               (5) From the perusal of facts given in the question……….

                                               (6) For all the aforesaid reasons……

                                                (7) On careful consideration of stated facts and circumstances, our opinion on the various issues is as under…….

NOTE: If you remember the case law, state that facts of the case are similar to so and so case. If you do not remember citation, but at least remember that it is a Supreme Court case, you can state that way.

Note: Use your own reasoning.  Whatever you write, write in a clear manner. Answer should be specific & throughout the answer only one view should be stated.

Attractive Paper Presentation: Answer paper should be made attractive and impressive by

Ø  Writing, point –wise and precise answers.

Ø  Drawing graphs and charts

Ø  Making tabular statements wherever required

Ø  Writing question number and sub- number and head line of the question asked which will facilitate the examiner in quickly assessing your paper.

By - CA Rajkumar...