Rahul (Ludhiana) (67 Points)
09 October 2009I AM LITTLE CONFUSED ABOUT WHAT TO DO IN INCOME TAX IPCC EXAM IN MAY 2010
I HAVE STARTED STUDYING IT BUT SOMETIMES WONDER WHAT TO LEAVE..LIKE IN CALCULATING SALARY CONVEYNCE ALLOWNCE IS LIABLE FOR FBT...BUT FBT HAS BEEN ABOLISHED!!!
PLEASE GUIDE ME HOW TO TACKLE THESE..
THANKS
Max Payne
(employed)
(2574 Points)
Replied 10 October 2009
Dear Friend, dont skip anything - cos tax is the scoring paper.
Buy new book for may exam - cos amendments will be applicable for you.
Meanwhile, finish service tax and VAT, and study the other static subjects like accounts or infotech
Since you are confused about the subject, please dont hesitate to join classes. Your aim should be exemption in tax and not passing. Proper guidance is necessary to crack the paper, which is going to be made practical also.
So strongly suggesting you at least do combine study with the people going for classes - with the good students, not your bestest buddies!:p
nikita venkateswaran
(articled asstt.)
(32 Points)
Replied 17 November 2009
hey dont worry fbt is mainly for final students usually no questions are asked in this regard nov pcc 09 paper was a proof to this however dont leave anything study hard as far as fbt is concerned nothing very important covers our syllabus so dont u worry
CAclubindia
