CA Final Nov 2023 Paper-7 Weightage of Marks

Section wise weightage of marks for CA Final Paper 7 (Direct Tax Laws and International Taxation) for Nov 2023 Exam under New Scheme of Education and Training.

The Board of Studies (BoS) of the Institute of Chartered Accountant of India (ICAI) has now assigned weightage of marks to various sections of a subject. This facility would help students to plan their studies in a structured manner for the coming ICAI examinations.

Accordingly, each subject has been divided into various topics and topics have been grouped into sections and weightage range has been assigned to these sections. The question paper would take into consideration the weightage range assigned to different sections.

Following are the detail section wise weightage of marks assigned to the Paper-7 Direct Tax Laws (DTL) and International Taxation (IT) of CA Final course examination to be held in Nov 2023 under New Scheme of Education and Training.

Direct Tax Laws and International Taxation: Section wise Marks Weightage

Part I: Direct Tax Laws (70 Marks)

SectionWeightageContents
I35% – 45%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, BOIs, Securitsation Trusts, Business Trusts, Investment Fund etc.)
II5% – 10%3. Provisions relating to charitable and religious trust and institutions, political parties and electoral trusts.
III5% – 10%4. Tax Planning, Tax Avoidance & Tax Evasion.
IV15% – 20%5. Collection & Recovery of Tax, Refunds.
V15% – 25%6. Income-tax Authorities, Procedure for assessment, Appeals and Revision.

7. Settlement of Tax Cases, Penalties, Offences & Prosecution.
VI5% – 10%8. Liability in Special Cases.

9. Miscellaneous Provisions and Other Provisions.
DT Section wise Marks Weightage May/Nov 2022

Part II: International Taxation (30 Marks)

SectionWeightageContents
I75% – 85%1. Taxation of international transactions and Non-resident taxation

(i) Provisions of the Income-tax Act, 1961, including –
(a) Specific provisions relating to Non-residents
(b) Double Taxation Relief
(c) Transfer Pricing & Other Anti-Avoidance Measures
(d) Advance Rulings

(ii) Equalisation levy
II15% – 25%2. Overview of Model Tax Conventions – OECD & UN
3. Application and interpretation of Tax Treaties
4. Fundamentals of Base Erosion and Profit Shifting
IT Section wise Marks Weightage May/Nov 2022

Chapter wise weightage of CA Final Paper-7 DTL & IT

Direct Tax Laws

Chapter NumberWeightageChapter Name and Topics
Chapter-1
Chapter-2
Chapter-3
Chapter-4
Chapter-5
Chapter-6
Chapter-7
Chapter-8
Chapter-9
Chapter-10
Chapter-11
Chapter-12
24-32 Marks1. Basic Concepts
2. Residence and Scope of Total Income
3. Incomes which do not form part of Total Income
4. Salaries
5. Income from House Property
6. Profits and Gains of Business or Profession
7. Capital Gains
8. Income from Other Sources
9. Income of Other Persons included in assessee’s Total Income
10. Aggregation of Income, Set-Off and Carry Forward of Losses
11. Deductions from Gross Total Income
12. Assessment of Various Entities
Chapter-134-8 Marks13. Charitable or Religious Trusts and Institutions, Political Parties and Electoral Trust.
Chapter-144-8 Marks14. Tax Planning, Tax Avoidance & Tax Evasion
Chapter-1510-14 Marks15. Deduction, Collection and Recovery of Tax
Chapter-16
Chapter-17
Chapter-18
Chapter-19
Chapter-20
Chapter-21
10-18 Marks16. Income-tax Authorities
17. Assessment Procedure
18. Appeals and Revision
19. Dispute Resolution
20. Penalties
21. Offences and Prosecution
Chapter-22
Chapter-23
4-8 Marks22. Liability in Special Cases
23. Miscellaneous Provisions
DTL Chapter and Topic wise weightage of marks May/Nov 2022

International Taxation

Chapter NumberWeightageChapter Name and Topics
Chapter-1
Chapter-2
Chapter-3
Chapter-4
Chapter-5
22-26 Marks1. Transfer Pricing and Other Provisions to check Avoidance of Tax
2. Non Resident Taxation
3. Double Taxation Relief
4. Advance Rulings
5. Equalisation Levy
Chapter-6
Chapter-7
Chapter-8
4-6 Marks6. Application and Interpretation of Tax Treaties
7. Fundamentals of Base Erosion and Profit Shifting
8. Overview of Model Tax Conventions
IT Chapter and Topic wise weightage of marks May/Nov 2022


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