Empire Academy

Important Topics of Direct Tax Section I (21 Marks to 32 Marks) 1.    Basis of charge, residential status, income which do not form part of total income, heads of income, 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, rebates and reliefs. 2.    Special provisions relating to companies and certain persons other than a company. Including firms, LLPs; Trusts, AOPs, BOls, Sec uritsation Trusts; Business Trusts; Investment Fund etc. Section II (4 Marks to 7 Marks) 3.    Provisions relating to charitable and religious trust and institutions, political parties and electoral trusts Section III (4 Marks to 7 Marks) 4.    Tax Planning; Tax Avoidance & Tax Evasion Section IV (14 Marks to 18 Marks) 5.    Collection & Recovery of Tax, Refunds Section V (11 Marks to 14 Marks) 6.  ...

Strategic Cost Management and Performance Evaluation Important topics Here the topics set on priority Basis ·          Decision making, CVP Analysis, Pricing decisions ( 25 to 30 marks) ·          Transfer Pricing ( 10 marks) ·          Standard costing ( 8 marks) ·          Budget ( 8 marks) ·          Transportation, Assignment ( 10 marks) ·          CPA & PERT ( 10 marks) ·          Linear Programming ( 8 marks) Sub Part—I: Strategic Cost Management 1 Introduction to Strategic Cost Management                        i.         Concep...

PAPER – 1 (ACCOUNTING) Important topics 1.    Accounting Standard (Besides AS it includes formation of AS, IND AS, IFRS) (5-6 Marks) 2.    Preparation and Presentation of Financial Statements as per Accounting Standards (10-16 Marks) 3.    Companies Accounts 4.    Accountings for Special Transactions. 5.    Special Type of Accounting 6.    Partnership Accounting ( Amalgamation, conversion into company, sale to company and issues related to LLP). PAPER-2 (Corporate & Others Law) Important topics 1.    Preliminary , Incorporation of company and matters incidental thereto, Prospectus and Allotment of securities, Share capital and Debentures (15-20 Marks) 2.    Acceptance of Deposits by companies , Registration of Charges, Management and Administration (15-20 Marks) 3.    Declaration and payment of dividend , Accounts of companies, Audit and auditors (20-25 M...