Hey friends👋

I know tomorrow’s a big day—exams are here, and it’s completely normal to feel nervous, even a little overwhelmed.
But I just want to remind you of something really important:

you’ve worked hard for this.
You’ve studied,
you’ve put in the effort,

and now it’s your time to show.🔥🔥🔥

You don’t need to be perfect. That's actually not required.
What matters is that you give it your honest best. That’s all.❤️

Trust your preparation,😇

Trust yourself.🤠

If your mind goes blank for a second—
✅Take a Pause
✅Take Breathe.
✅ Close your eyes
✅ Just concentrate on the question paper.
U will get the answer.🤟

So go in there confident, Stay calm,
And remember—you’ve already come so far.

I believe in you that you will perform well 😃

All the best😊
#May25_me_CA

Regards
Team CA Concepts Bytes 🙏🎉
@conceptbytes

So friends, I wanna make it clear now, don't discuss AFM paper with anyone...Just focus on the Audit and wrap up your group 1 🥳🥳 baad me khoob saara discussion kr lena😅

But this time is crucial

All the Very Best👍

Since Residual exams (including SPOM) gets postponed, my recommendation is to take one and two days break and restart with double energy 🔥.

Donno when ICAI will schedule new exams dates. Accordingly be ready for the upcoming circumstances. We have done well bs is time padhai ka saath mat chorna
#May25_me_CA 🥳🥳🥳

We are talking to students continuously specially those belongs to Jaisalmer, Jammu and Kashmir, Amritsar, Bikaner etc.

I know you are hearing unpleasant sounds, when you need more peace and calm.

May All these end soon.🙏

Our prayers are with you and your families 🙏

@conceptsbytes

Aa gyi new dates 🔥

Finally, IDT end...now it's time to explore IBS.
All the practice sessions students gets update on their email id.
All the very best 👍

Thanks and regards
CA Concepts Bytes 👍

So friends,
For IBS purpose u can get all the link at once
https://t.me/conceptbytes/491

For any query do lemme know @conceptsbytes

Hello friends,
All the very best Conceptsbytians ❤️

Here I find out few points that you should consider for IBS🎯🎳

NEED NOT TO MUG UP.. JUST READ ONCE🎯

WE WILL WIN BCZ We attract Winning

🔑 If there is a question on Residential Status, don't solve in pell mell first ensure as to whether question ask for residential status as per Income Tax act or under FEMA.

🔑 Branch of Resident Indian company considered as resident under FEMA.

🔑 While solving for residential status of company under income tax Act ,bhulna nahi majority board meeting wala criteria after POEM.

🔑 if question is for porter's five forces model. Write concept only in 2 lines before writting analysis as per case study. In this case I recommend to read full case study. If this kind of easy and long analysis based questions are there... U may consider it to solve lastly.. but never leave. Bcz these are very scoring.
Even if you write a sentence under heading. Chances of getting marks is high.

🔑 Keep SA 540 , 402, 3402 , SQC 1 , SA 220 and 600 + 700 series type standards on Auditing in mind for analytical type questions.

🔑 Deemed to accrue or arise in India is important in calculating income. MCQ purpose. If any question is there always find for the country where income accrued.

🔑 Place of supply and time of supply might be important for MCQ purpose.

🔑 Don't forget to review formulas of AFM at last.

🔑 Search, seizure and investigation under income tax Act. ( When After sunrise before sunset concept not applicable)

🔑 SCPM models eg. On demand model... Subscription model

🔑 Start up unicorn at a valuation of $1 billions and may loose it's unicorn status later on if valuation reduces.

🔑 Calculation of depreciation and additional depreciation in case of amalgamation.

🔑 Reverse aquisition - Accounting Acquirer and Legal Acquirer.

🔑Pre- Post Merger EPS, Exchange Ratio and number of shares

🔑 Clauses of professional ethics and it's guidance note.

🔑 Bank and NBFC

🔑 Don't confuse between determination of Transaction price of SCPM and Transfer price of DT in case of Association Enterprises.

🔑 Zoo animals, Ocean Fishes and living organisms e.g. bacteria and viruses not covered under Ind AS 41 since not agriculture activities.

🔑 Foreign Assets impairment loss not recognised until rupees value not depreciated, even if impairment indicator exist in foreign currency.

🔑Deemed Export, Zero rated and Nil Rated Supply + custom Valuation BCD, CVD, ACD

🔑 Concept of Functional currency as per ind AS 21

🔑 Prohibited Transactions under FEMA and allowed Time limits for settlement + mode of payment

🔑 Min max number of directors

🔑 Inspection under companies act, income tax Act and GST act.

🔑 Perpetual debts are monetary items and considered as Equity since irredeemable.

🔑 Abandoned project expenses disallowed under income tax Act.

🔑 Keyman insurance policy and ESOPs

🔑 Goods not reached indian territorial waters... covered under negative list hence not taxable in India.

🔑1.125% insurance if cost not determinable under customs valuation

🔑 Calculating of Forward rates through IRP theory

🔑Calculation of Dividend, growth or price of share

🔑 Break even points under traditional and ABC costing

🔑 Calculation of NRV

🔑Small shareholders directors

🔑 back flushing under SCPM

🔑 Number of performance obligations as per Ind AS 115

🔑 Meaning of Control over investee

🔑 Call/ put options + ALM

🔑 foreign contribution under FCRA including allowances and prohibitions.

🔑 Attempt FULL marks paper.. what ever you could write an end just write... Something is better than nothing...

Don't leave blank.. every single mark matters 🎯🎯🎯

Friends,
Keep in mind if the paper is tough it will be tough for all.. and Every one faces same situation as you do.

Instead of being panic do start looking for plausible explanation. If it matches by any way u will get marks.

For more such important points stay tuned @conceptbytes

For any query u may ask @conceptsbytes

This is the markings if you want to go through digest case study 1-25 at once before exams.
please go only through markings❤️❤️

You have done lot of hard work..

Just this time last time I am saying...
Be focus and don't panic if you don't get answer..

jo mil jae phle kr lo..jo nhi mil rha usey last k liye mark kr k rakh do

A little hack- u may carry dark chocolate with you to avoid unnecessary panic situation....
Obviously if invigilator allows😅

Also try to complete each case study in 50-55 mins.. Assuming u have max 55 mins for each case study.

Keep residual 5 minutes for last minute Full speed search operation in the speed of Viru Sahastrabuddhe.🤣...yes yes it is necessary 😅😅

So All the Best 👍 my Champions...u are definitely going to do best 😃😃

#May25_me_CA

September exams date sheet released👍
All the best Aspirants