IndigoLearn

Paper 7 - Direct Taxation June & Dec 23 (Old)

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107 hrs

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Overview
Instructors
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Overview

This course prepares the learners for Paper 7 Direct Taxation, of the CMA Intermediate Examinations conducted by the ICMAI.

The course coverage is only 80% from a conceptual & exam perspective; Students are advised to note that the course has been created using CA institute material and for students pursuing CA. The concepts, exam paper questions, etc all are from CA Material only. Most of the content for CMA India is similar to that of CA. Concepts are the same across both CA & CMA but the questions explained in the syllabus of CMA India / asked the exams by ICMAI could vary.

Students are also advised to note that the following topics are not covered, and they SHALL NOT BE provided for June 2023 / December 2023 attempts

Basic concepts 1.16-1.18
PGBP - 7.19-7.20, 7.23, 7.28, 7.30, 7.44, 7.46 - 7.51, 7.63-7.64, 7.68
Income Under the Head Capital Gains - 8.46
Set-off & Carry forward of losses – 11.13-11.21
Deductions in Computing Total Income– 12.18-12.25 & 12.27-12.29
Assessment of various persons full – 14.03 -14.13
TDS - 15.14, 15.22, 15.24-15.29, 15.34-15.37
Return & PAN 18.03-18.06, 18.11-18.16, 18.19
Assessment procedures: 19.02 – 19.14
ICDS – complete chapter 20

Amendments for June 23 will done once ICMAI releases syllabus for June 2023 exams

CMA Institute course syllabus can be accessed here Paper-7-Jan-2022_Rev.pdf (icmai.in)

PDF Notes are provided on the app to enable students to test their knowledge and prepare better for exams

What you'll learn?

Introduction to Income Tax legislation
Incomes which do not form part of Total Income
Heads of Income and Computation of Total Income under various Heads
Clubbing provisions, set off and carry forward of losses, Deductions
Assessment of Income tax liability of different persons
TDS, TCS & Advance Tax

Instructors

This course is taught by 1 expert faculty.

More details

A Chartered Accountant by Profession & a teacher by passion, Varun is a 4th Generation CA in his family; He believes that a strong foundation in taxation is necessary to become a well rounded Finance & Accounting professional. Utilizing his experience of teaching taxation to over 15,000 students in the last 7 years, and by making full use of the modern pedagogy at IndigoLearn, Varun is keen to make taxation interesting and a lot more fun. Varun is also an entrepreneur with interests in Dairy Farming and Garment Manufacturing.

Frequently Asked Questions

How do I access the videos?

Videos are accessible through our Android app "1FIN" and our website. Our e-learning modules are streamed online. The videos can be played just like one would play a video on YouTube / Amazon prime videos

How long will the access remain for any course I purchase on the app / website ?

We provide access to full courses for CA / CMA / CS till the end of exams of a particular course. E.g.: Nov attempt courses are valid till the end of Nov Exams. Individual Modules have 30 days validity; Also, upskilling courses may have validity ranging from 60 days to 90 days - their validity will be mentioned in the course description.

What happens if my account is debited but course is not activated?

Sometimes due to failure at your card issuer end or at the transaction processor end ( G Pay / Phone Pe/ UPI) or at our payment gateway end, amount may be debited from your account but course may not get activated. In such scenarios, we assure you that we will work towards resolution of the issue . Usually, transaction gets reconciled and money is either credited back to you or received by us within 5-7 days.

What is the best and fastest way to reach us?

Email us at for technical queries - support@indigolearn.com, For subject related doubts / queries, post in Forums on our APP 1FIN, For sales related queries send us a WhatsApp message at 9640 11111 0

What constitutes violation of Intellectual Property (IP)?

Sharing of IDs, multiple people watching the courses, recording of courses, displaying of our courses publicly or privately to people who have not purchased our courses, constitute a violation of our IP. We take such violations very seriously and will pursue all legal options to fullest extent possible to ensure our rights are protected at all times