HOW TO PREPARE FOR INTERNATIONAL TAXATION.

 

                                    

  Preparation strategy for CA Final

PAPER 6C - International Taxation

Introduction-
Today we are here to talking about the subject of International Taxation; it is regarded as an ideal option for aspirants. Most students do get confused that how they can do the Tax Preparation in a better way. 

CA Final International taxation paper 6C, 35-40% of the syllabus is already covered in the previous paper. This helps them get way ahead of the competition.

1)    There are two parts the paper can be divided into-

          i.     Taxation of International Transactions & Non-resident Taxation in India, accounting for 50 marks

 

        ii.     Other aspects of international taxation for 50 marks. The second part includes tax treaties, anti-avoidance measures, tax conventions, etc.

Transfer pricing, advanced ruling, taxation for foreigners, non-residents, primary/secondary adjustments are all common topics figuring in both paper 7 and paper 6C, which would make it an advantage in terms of scoring.

2)    How to study CA Final International Taxation-

We have put together tips to help you prepare better for the International Taxation paper:

 

·          You need to get comfortable with case study format and familiarize yourself with the methods of decoding case studies.

·         The ICAI material is highly recommended and considered the best in terms of preparation.

·         In an open case study format, it is important that one goes through the mock test papers and last years’ case studies to prepare well.

3)    Revision Test Papers–

 

·         Attempting previous papers is one way of gaining confidence as the new formats may tend to be confusing.

·      It is important to not get overwhelmed by unfamiliar formats/questions as undue panic can lead to a lot of wastage of time.

·    Make notes while learning each chapter, since taxation is a vast subject and it is practically impossible to remember everything with a first reading.

·   Taxation by itself is a vast topic. Understanding the logic behind introduction of certain laws and postulates will help you retain the actual theory.

4) Online Resources to prepare for Paper 6C International Taxation of CA Final 

Study material provided by ICAI                                  CLICK HERE               

Case study 1.                                                                               
Question                                                                                      CLICK HERE
Answer                                                                                         CLICK HERE

Case study 2.
Question                                                                                      CLICK HERE
Answer                                                                                         CLICK HERE
    
Case study 3.
Question                                                                                      CLICK HERE
Answer                                                                                         CLICK HERE

Case study 4.
Question                                                                                      CLICK HERE
Answer                                                                                         CLICK HERE
    
Case study 5.
Question                                                                                      CLICK HERE
Answer                                                                                         CLICK HERE

Case study 6.
Question                                                                                       CLICK HERE
Answer                                                                                          CLICK HERE

Case study7.
Question                                                                                       CLICK HERE
Answer                                                                                          CLICK HERE

Case study 8
Question                                                                                        CLICK HERE
Answer                                                                                           CLICK HERE

Case study 9.
Question                                                                                        CLICK HERE
Answer                                                                                           CLICK HERE

Case study 10.
Question                                                                                        CLICK HERE
Answer                                                                                           CLICK HERE

Mock Test papers
Question                                                                                 CLICK HERE
Answer                                                                                       CLICK HERE

5)    How to score well in CA Final International Taxation

 

v  Being an open book format, the International Taxation paper is easy and tough at the same time.

v  Use easy-to-locate tags and bookmarks for your notes and study material to help you search with improved efficiency during the examination.

v  Write to the point, concise answers, using correct technical terminology.

v  Underline keywords and structure answers the way they are structured in solutions provided by ICAI.

v  Citing current business scenarios is one way to demonstrate your learning and applicability of theory to practical world.

v  Presentation makes a real impression. While answering correctly is important, how you present also matters. Structuring your answers into sections with headlines and highlighting important parts of the answer will create a good impression.

v  Linking facts presented in the case study with existing laws, citing changes if any, will be a good showcase of your knowledge for the examiner.

v  If you carry the right material along with you and know what to look for, the quality of your answers and strength of your arguments will ameliorate, ensuring that you score well.

Hope you can find this Blog helpful. If you did like this Blog then Share it with your friends who are doing CA Final studies or who will be giving their CA Final Exams in the near future.  

All the Best…!!!

 

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