Web-hosting of Revised Study Material and Practice Manual of Part I : Income-tax of Intermediate (IPC) Paper 4: Taxation [Applicable for May, 2014 and November, 2014 examinations]

The Board of Studies has come out with the August 2013 edition of the Study Material and Practice Manual of Intermediate (IPC) Course Paper 4: Taxation [Part I: Income-tax], which is relevant for students appearing in May, 2014 and November, 2014 examinations.

The August 2013 edition of the Study Material and Practice Manual is based on the provisions of income-tax law as amended by the Finance Act, 2013 and applicable for A.Y.2014-15, which is the relevant assessment year for May, 2014 and November, 2014 examinations. The significant notifications and circulars issued upto 30th April, 2013 have been covered in this edition of the Study Material.

The Study Material of Part I: Income-tax constitutes Volume I and the Practice Manual of Part I: Income-tax constitutes Volume II. Each question on income-tax contained in Volume II of this edition of the Practice Manual has been adapted/modified and solved on the basis of the provisions of law applicable for A.Y.2014-15. The amendments made by the Finance Act, 2013 and significant notifications and circulars issued up to 30.4.2013 have been given effect to while solving the problems. The Practice Manual has also been grouped chapter-wise and contains a variety of questions and problems in each topic for the better understanding and application of the concepts explained in the Study Material.

The Study Material and Practice Manual, based on the provisions of income-tax law as amended by the Finance Act, 2013 and applicable for A.Y.2014-15, are available at the BOS Knowledge Portal. For reading/downloading the Study Material and the Practice Manual, the students are advised to use the following link –

http://www.icai.org/post.html?post_id=9880

The August 2013 edition of the Study Material and Practice Manual will be available at the Institute’s sale counters shortly.