CA Intermediate May 2025: In this article you will find all amendments and updates related to CA Intermediate May 2025 examination. CA Intermediate amendment applicable for May 2025. CA Inter updated notes for May 2025. ICAI officially announces the relevant publications and materials applicable for May 2025 exams.
The next examinations of Chartered Accountancy Intermediate course will be held in May 2025. CA Intermediate May 2025 shall be conducted by ICAI under CA Intermediate New Syllabus. Old Syllabus of CA Inter are applicable for May 2025 examination.
Accordingly, the Institute of Chartered Accountants of India (ICAI) has announced that the following Accounting Standards (Ass), Guidance Notes (GNs), Legislative Amendments and updates applicable for May 2025 – Intermediate Examination.
CA Intermediate Amendments May 2025
The document provides details about the applicability of laws, standards, and legislative amendments for the May 2025 Intermediate Examination of the Institute of Chartered Accountants of India (ICAI). Key highlights include:
Corporate and Other Laws (Paper 2)
Covers the Companies Act, 2013 and Limited Liability Partnership Act, 2008, including relevant rules, notifications, and circulars issued up to October 31, 2024.
Other laws under Part II are also included as per amendments until October 31, 2024.
Taxation (Paper 3)
Section A: Income Tax Law
- Based on the Finance (No. 2) Act, 2024.
- Covers provisions effective up to October 31, 2024.
- Assessment year applicable: A.Y. 2025-26.
- Certain topics and sections are excluded, such as:
- Some deductions, exemptions, and special provisions for specific industries (e.g., Tea/Coffee/Rubber Development, Site Restoration Fund, and certain ICDS provisions).
- Some capital gains provisions (like transfers under amalgamations, demergers, and buybacks).
- Various provisions related to non-residents, foreign companies, and cooperative societies.
Section B: Goods and Services Tax (GST)
- Based on CGST Act, 2017 and IGST Act, 2017, as amended by Finance (No. 2) Act, 2024.
- Certain topics are excluded, such as:
- Tax rates for goods and services.
- Exemptions for supply of goods.
- Specific provisions related to input tax credit, place & time of supply, and valuation rules.
- Special cases like OIDAR services, refunds for tourists, and actionable claims.
This is guideline for candidates appearing for the May 2025 CA Intermediate Examination, outlining the relevant updates and exclusions in the syllabus. Download official notification document at https://resource.cdn.icai.org/84926bos68375inter.pdf.
Applicable material for May 2025 Exams
| Subjects | Study Material |
|---|---|
| Paper-1: Advanced Accounting (Module 1, Module 2, Module 3) | July, 2024 |
| Paper-2: Corporate and Other Laws (Module 1, Module 2, Module 3) | July, 2024 |
| Paper-3: Taxation Section A – Income-tax Law (Module 1 and Module 2) | October, 2024 |
| Paper-3: Taxation Section B – Goods and Services Tax (Module 1 and Module 2) | October, 2024 |
| Paper-4: Cost and Management Accounting (Module 1 and Module 2) | July, 2024 |
| Paper-5: Auditing and Ethics (Module 1 and Module 2) | July, 2024 |
| Paper-6A: Financial Management (Module 1 and Module 2) | July, 2024 |
| Paper-6B: Strategic Management | July, 2024 |
Click here to download applicability of study material issued by ICAI for May 2025 CA Intermediate examinations.
