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  CA Vijay Sarda is known as the CA, CS Tax expert. He is one of the most dynamic and dedicated faculty of Direct Tax & a prominent faculty member of VSmart Academy. He teaches Direct Tax and International Taxation for CA Final and Direct Tax for CA Inter. He is one of the most trusted teacher for Tax; choice of thousands of CA Aspirants every year. Module 1 PDF Notes:- Basics of Income Tax : Part 01 | Part 02 | Part 03 | Part 04 | Part 05 | Income Tax Authority : Part 01 | Part 02 | Return of Income : Part 01 | Part 02 | Part 03 | Part 04 | Assessment Procedures : Part 01 | Part 02 | Part 03 | Part 04 | Part 05 | Part 06 | Part 07 | Rectification : Part 01 | Part 02 | Appeal : Part 01 | Part 02 | Part 03 | Part 04 | Revision : Part 01 | Part 02 | Part 03 | Search & Seizure : Part 01 | Part 02 | Part 03 | Part 04 | Part 05 | Part 06 | Miscellaneous Assessment : Part 01 | Clubbing of Income : Part 01 | Part 02 | Income Tax Settlement Commission : Part...

Examination DepartmentThe Institute of Chartered Accountants of India8th October, 2020 IMPORTANT ANNOUNCEMENT The attention of the students who are appearing in November 2020 ICAI examination, in terms of announcement No. 13-CA (EXAM)/N/2020 dated 15th July 2020; is drawn to the following modifications in the schedule announced so far: 1. Students appearing from the examination centers wherein Legislative Assembly Elections in Bihar and Parliamentary By- Elections /Assembly By- Elections announced in different place(s) of different states:Vide announcement dated 27th September 2020, ICAI had informed to intimate the revised schedule at such locations for students who had opted for the examination Centre from the State of Bihar and Parliamentary By- Elections /Assembly By- Elections announced in different place(s) of different states to be held in November 2020.It is brought to the notice of all such students that said examination, shall now be held on 19th, 21st, 23rd and 25th November 2020 in place of 02nd, 03rd, 06th and 07th November 2020 respectively. It is also notified that the respective papers/list of centres statewise wherein Legislative Assembly Elections in Bihar and Parliamentary By- Elections /Assembly By- Elections announced in different place(s) of different states will be informed separately. 2. Students appearing at Foundation...

S.No. Query Response 1. Whether the student who had applied for May 2020 Exams be required to fill Examination Form For November 2020 afresh. Yes, the students of all courses who had applied for May 2020 Examinations will be required to fill form for November 2020 afresh on opening of window for the same. The students are allowed to change the group(s) as well as Centre, for appearance in November 2020 examinations 2. Whether student will be allowed to change his exam center from the one filled for May / July 2020 exams? Yes, student has to fill the exam form afresh for November 2020 exams wherein he can opt for exam Centre of his choice. 3. Whether a student who had applied for May 2020 Examinations for one group, can he apply for both Groups or change the group in November 2020 exams. What will be the fees payable? Yes, student has to fill exam form afresh for November 2020 exams, accordingly, the student who had applied for one group for May 2020 Exams can apply for both groups or change the group for November 2020 Exams by paying differential fees, if any. 4. Whether the fees paid for...

Certain questions like, "What are the best recommended books for CA Final students arise often?" Few CA Final students study any one book and few others study multiple books for a single subject. To solve this issue, we will be providing a complete list of recommended books for CA Final Students. The book that most professors and CA Final All India toppers have suggested is the ICAI Practice Manual. Whenever you read the interview of a topper, you see that they have prepared from Practice Manual at least once. CA Final FR Books to Refer: Faculty  Book Name Description Buy Link CA Jai Chawla CA Final FR Question Bank By CA Jai Chawla This Book contains more than 140 Questions along with the Solutions. Questions are compiled from Various ICAI Materials like RTPs, MTPs, Past Exam Papers. This Questions Bank includes New Questions Added by ICAI in Study Material for May 2020 Exam & onward attempts. CA Final FR Quick Revision Charts By CA Jai Chawla FR Revision Chart Book is highly useful study material designed to quickly revise entire FR (New syllabus) in just few hours. Complete Revision of Important INDAS in Just 18 to 20 Charts. Colourful Tree Analysis Presentation to...

Commerce Students face a very different and typical type of challenge – they have to get their calculations right, deal with vast syllabi and study business-related terms and jargon. The students need to study systematically and constantly throughout the year to ace the boards. Here are some tips for the core subjects of Commerce. To achieve decent score in boards a student needs to follow the following tips while studying commerce for class 12:- 1- Accountancy : D.K. Goel and T.S. Grewal. Undoubtedly these two are considered as best books because they cover all the topics in the chapter as well as provide sample questions for practice. 2- Business Studies : Subhash Dey (for brief chapters and revision) and Poonam Gandhi (for detailed explanation and extra knowledge). 3- English : Arihant- Last 10 year papers (it is a book which segregates all the board question with the solutions chapter-wise), All in one . 4- Economics : Dr. Anoop Atria ( good in all aspects ), Radha Bahuguna ( some concepts provided are so good that you will never forget in your life ), T.R. Jain & V.K. Ohri (HOTS question are good for conceptual clarity). 5- Maths — R.D. Sharma ( if you practice the subject regularly), NCERT Exemplar by Arihant (it contains questions of exemplar with solutions and some tricks also to be used to solve...

Class 11th and 12th are the two important years in the student’s life, which is often regarded as one of the crucial and major turning point a student face. These two years decides the course of the student’s professional study path. Therefore, it is imperative for the student to set their priorities right in these two years and focus of their goals. Whatever preparation they make in these years will reflect in the coming years. A mindful study and healthy objective will help the students to sail smooth without much hurdles in their path. It is important to keep in mind that class XI and XII sets the foundation right and helps student in the long run. Right after Class 10th, students want to taste their new freedom, outside the boundary of school, which is natural but it is also important that their performance in class 12th is itself a milestone that decides the next chapter in student’s life. Commerce Subjects in Class 11:- Accountancy:Accountancy or Accounting shall be an integral part of your entire study curriculum if you opt for commerce. Not only 11th but this subject shall be an important component of your career. You shall go through...

There are a lot of options for CA Students who wants to pursue Additional Qualification Courses. Students can Pursue these courses along with CA or after completing it. Some of these courses may be the certified courses or diploma courses which relates to commerce.  Additional Qualification/Certified Courses for CA Students ACCA- Association of Chartered Certified Accountants: ACCA is a fast-growing international accountancy organization with 2,00,000 members and 4,86,000 students in 180 countries. As a globally recognized education and updated/Industry relevant content, ACCA qualification is a great way to build a career in Accounts and finance. Students can pursue this along with their graduation. Its flexible examination scheme makes this qualification more attractive. Students pursuing ACCA can: earn a Diploma/Advanced Diploma in Accounting and Business and go on to earn an ACCA Member status earn a BSc. (Hons) degree in Applied Accounting awarded by Oxford Brookes University get an MSc in Professional Accountancy awarded by University of London ACCA offers exemptions to the students who have previously studied for a relevant accountancy qualification which includes CA. An exemption means that you will not have to study for and undertake exams of certain ACCA papers. Exemptions offer you the opportunity to start your ACCA qualification from...

As a globally recognized education and updated/Industry relevant content, ACCA qualification is a great way to build a career in Accounts and finance. Students can pursue this along with their graduation. Its flexible examination scheme makes this qualification more attractive. Here are some of the Frequently Asked Questions about ACCA. Is ACCA worth doing? If you are looking to take your accounting and finance career to the next level, taking professional exams is the best next step. If you’re willing to put the work in, make certain sacrifices and work through the occasional tough times, then ACCA is worth it. You might face some setbacks, but you’ll learn from your mistakes and you’ll keep ploughing on. Plus, when you do pass, you’ll unlock fantastic benefits like a global career and higher earnings.However, if you’re uncertain about committing to the amount of work, or you think you can just coast through the exams, or you aren’t sure you really want this, the ACCA is probably not for you. Is ACCA valid in India? There is a lack of awareness in India about ACCA and in part, that is because Indian firms do not recognize ACCA. Companies founded and based in India follow ICAI,...

ACCA offers exemptions to the students who have previously studied for a relevant accountancy qualification. An exemption means that you will not have to study for and undertake exams of certain ACCA papers. Exemptions offer you the opportunity to start your ACCA qualification from the right level. Exemptions from Knowledge Level papers (F1, F2, F3) and Skills Level papers (F4, F5, F6, F7, F8, F9) are available. Exemptions for Professional Level papers are not allowed. You must undertake exams for Professional Level papers. You can be allowed exemption depending on your previous accountancy qualification. For example, if you have studies accountancy in college, have a membership with other accountancy bodies (such as the Institute of Chartered Accountants), have another certification from ACCA (for example CAT/FIA), have a degree in accountancy or business studies from a university, or any other qualification that is relevant. The number of exemptions will also depend on your previous qualifications. You can claim up to 9 exemptions. The number of exemption will depend on the course content of your previous qualification. Qualifications ACCA Exemptions  CA Final Qualified CA Final Student Qualified IPCC benefits +F5 (if cleared AMA), F7 (if cleared FR), F9 (if cleared SFM) CA Inter Qualified...

Most of the ACCA qualified professionals in India are employed with the Big 4s or MNCs. Employers in India have now become aware of ACCA qualification and are hiring them eagerly. The main employers in India for ACCA are Price Waterhouse Coopers, Ernst and Young, Deloitte, KPMG, TATA Communications, Embassy Group, Grant Thornton, etc. CA and ACCA members are increasingly being offered similar job profiles, designation, and salary packages. India is taking another step closer towards globalization by introducing Ind-AS drafted on principles similar to IFRS. ACCA covers IFRS broadly in its syllabus which would definitely give an edge to ACCA members in India. With the presence of many financial KPOs in India, India has become a major outsourcing hub for accounting and financial functions, and ACCA qualified professionals are preferred by the employers for handling these functions. In India, the average salary offered to ACCA fresher is between INR 3,50,000 to INR 4,00,000. Eligibility Current Qualification No. Of Exams to be given Exemptions 12th pass 13* None Commerce Graduate 9 AB, MA, FA, LW CA IPCC (Both Groups) 8# AB, MA, FA, TX,AA CA 4# AB-FM (9 subjects) *Kindly note that these are tentative details, to know more regarding Eligibility...

What Is ACCA Course? The Association of Chartered Certified Accountants (ACCA) Institute, formed in 1904 is the global professional accounting body offering the “Chartered Certified Accountant” qualification. ACCA is a fast-growing international accountancy organization with 2,00,000 members and 4,86,000 students in 180 countries. As a globally recognized education and updated/Industry relevant content, ACCA qualification is a great way to build a career in Accounts and finance. Students can pursue this along with their graduation. Its flexible examination scheme makes this qualification more attractive. Students pursuing ACCA can: earn a Diploma/Advanced Diploma in Accounting and Business and go on to earn an ACCA Member status earn a BSc. (Hons) degree in Applied Accounting awarded by Oxford Brookes University get an MSc in Professional Accountancy awarded by University of London Why ACCA? Globally Recognized in over 78 markets and has more than 80 international accountancy body partnerships. Communicates Credibility since your proficiency is tested over 14 rigorous exams and is a great way to give an edge to your resume. Well Designed Curriculum that is continuously updated to develop industry-relevant knowledge, skills, and professional values. Long Term Career since ACCA trains you to perform strategic roles at senior management levels. Total Cost, at 2 to 3 Lacs,...