Know everything about CS Executive Tax Laws and Practice (Module 1) like Syllabus, Notes, MCQ, Best Books in pdf, Important Questions, Paper Pattern, Previous attempt old Question Papers, Objective Questions with answers, study material, scanner and everything else.
About CS Executive Tax Laws and Practice
Tax Laws and Practice is Paper 4 of CS Executive Programme Course. CS Executive Course is divided into 2 Modules. It is included in the Module 1 which contains 4 papers.
Under new syllabus applicable from 1 Feb, 2013, this paper became 100% objective. First OMR based Multiple Choice Questions Paper was made available to students in Dec 2014 Attempt.
Initially there was not negative marking scheme in the paper for wrong answers but in Dec 2015 attempt, negative marking was introduced for the first time in the ratio of 1: 4, which means deduction of one (1) mark for every four (4) wrong answers or proportion thereof.
CS Executive Tax Laws and Practice Syllabus
The entire paper is divided into 2 parts.
Part 1 is of 70 marks and contains provisions of Income Tax, Tax Planning & Tax Management and Basic Concepts of International Taxation, Transfer Pricing and General Anti Avoidance Rules (GAAR).
Part 2 is of 30 marks and contains overview of Service Tax and Value Added Tax (VAT).
For detailed syllabus of CS Executive Tax Laws and Practice click here
CS Executive Tax Laws and Practice Exams Pattern
As stated above, it is one of the 3 OMR based Papers in CS Executive . Other two are
- Cost and Management Accounting (Paper 2 – Module 1)
- Industrial, Labour & General Laws (Paper 7 – Module 2)
In this paper students are required to attempt 100 multiple choice questions (MCQs) and Objective Questions in 3 hours. Institute has introduced a scheme of negative marking according to which for every wrong answer 1/4th mark shall be deducted. Total marks obtained in fraction would be rounded up to next whole number.
For more details of negative marking scheme please click here
Tax Laws and Practice Previous Attempt Question Papers
Old Question Papers always help in exams preparation. They give us a clear idea about important topics and questions and way in which questions can be asked. Below is the list of all previous attempt question papers based on latest OMR pattern.
- Tax Laws & Practice Dec 2014 Attempt Question Paper
- Tax Laws & Practice June 2015 Attempt Question Paper
- Tax Laws & Practice Dec 2015 Attempt Question Paper
- Tax Laws & Practice June 2016 Attempt Question Paper
Scanner of Tax Laws and Practice
Scanner means previous attempt questions in an organised way, may be chapter wise or topic wise. Scanner helps us analysing which chapters are of more marks and which chapters are of less marks. Both solved and unsolved scanners are available in the market. Today many publications are publishing scanners. For CS Executive Course, most preferred scanners are of Shuchita Prakashan (P) Ltd. You can buy them from there website.
Click here to buy scanner of CS Executive Tax Laws & Practice