Intermediate (IPC) Course Supplementary Study Paper-2014 for Paper 4: Taxation has been web-hosted at the Students’ Knowledge Portal. The printed copies of the same will be available at various sale counters of ICAI shortly. Supplementary Study Paper-2014 is relevant for May, 2015 and November, 2015 examinations.
The Supplementary Study Paper-2014 contains a discussion on amendments made in direct and indirect tax laws by Finance (No. 2) Act, 2014, notifications and circulars issued during the period between 01.05.2013 to 30.04.2014 as also the Budget Notifications. The amendments have been grouped in to Chapters to facilitate co-relation with the Study Material. The related sections, however, have been grouped together and explained in the same Chapter in the Supplementary Study Paper to facilitate interlinking and reading of interconnected provisions. Illustrations have been given, wherever possible, to aid better understanding of the amendments.