CA Intermediate

To prepare for CA Intermediate exam, one should dedicate at least 7-8 hours per day. Some students study for longer like 10-12 hours. However, merely studying for long hours will not bear results. One need to utilize those hours in a manner best for exam preparation. Daily study hours should be divided into syllabus coverage, doubt clearing, practice and revision.

Yes, it is possible to cover CA Intermediate syllabus without coaching, but it is always recommended to opt for coaching. CA course is vast and all three course levels are of high difficulty. There is so much knowledge to be acquired and remembered in this course, that without the correct guidance one will face a lot of difficulty. At coaching institute, the candidate will be guided in the right direction and on their strengths and weaknesses.

It is very important to revise the CA Intermediate syllabus thoroughly. In fact, it is suggested that one should revise the syllabus twice or thrice before appearing for the examinations. Revision of the chapters should include mandatory solving of problems and practicing with previous years question papers.

CA Intermediate level is of high difficulty so it is not easy to cover the syllabus in a few hours of study. Many students study for up to 6-8 hours every day to cover the syllabus and practice sample test series. In a poll conducted by Shiksha on how many hours to study for CA Inter, it was also noted that most of the students studied more than 5 hours per day. About 49% of the responded said, they study for more than 5 hours, while 11% said they studied for 4 to 5 hours per day.

You cannot cover CA Intermediate syllabus in your first attempt. You need to give at least six to 12 months to the course. The CA Inter has six papers and every paper has a number of chapters. And every topic requires time. However, if you have appeared for CA Inter exam before and it's your second or third attempt, you can cover the syllabus in less time than before, as you would be fairly familiar with the topics and difficulty level.

Topics covered in Goods and Services Tax chapter of CA Intermediate are:

• GST in India – An Introduction
• Supply under GST
• Charge of GST
• Place of Supply
• Exemptions from GST
• Time of Supply
• Value of Supply
• Input Tax Credit
• Registration
• Tax Invoice; Credit and Debit Notes
• Accounts and Record
• E-Way Bill
• Payment of Tax
• Tax Deduction at Source and Collection of Tax at Source
• Returns

The following topic are covered in the Income Tax Law of Taxation paper of CA Inter:

• Salaries
• Income from House Property
• Profits and Gains of Business or Profession
• Capital Gains
• Income from Other Sources
• Income of Other Persons included in Assessee's Total Income
• Aggregation of Income, Set-Off and Carry Forward of Losses
• Deductions from Gross Total Income
• Advance Tax, Tax Deduction at Source and Tax Collection at Source
• Provisions for filing Return of Income and Self Assessment
• Income Tax Liability – Computation and Optimisation