CA IPCC Tax Imp Topics Preparation Tips Nov 2016 | IPCC Notes GMCS ITT Time Table Syllabus Amendments RTP Suggested Answers
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CA IPCC Tax Imp Topics Preparation Tips Nov 2016

CA IPCC Tax Tips Imp Topics Study PassCA IPCC Taxation paper Tips, Important Topics:

Important Topics in Chapter 3: Income which do not form part of Total Incomes:


  • Section 10(1): Agricultural Income
  • Section 10AA: Tax Holiday for SEZs
  • Section 10(10BC): Compensation received by an Individual or his legal heir on account of any disaster.
  • Section 10(2A): The Partner's share in total income of the LLP.

Important Topics in Clubbing of Income:

  • Section 64(1)(iv): Income arising to spouse from assets transferred without adequate consideration.
  • Section 64(1)(ii): Income arising to spouse by way of remuneration from a concern in which the individual has substantial interest.
  • Section 64(1A): Income of Minor child.

Important Topics in Income from Salaries:

  • Section 10(13A): House Rent Allowance
  • Section 10(14)(ii): Children Education allowance
  • Section 10(10): Gratuity
  • Section 10(5) : Leave Travel Concession.
  • Section 16(iii) - Professional Tax

Important Topics in Income from Business or Profession chapter:

  • Section 32: Depreciation
  • Section 35: Expenditure on Scientific Research
  • Section 37(1) : General Deductions

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