Income Tax Amendments | CS Exam June 2020 & Dec 2020 | ICSI

#CSExam #June2020 #TaxAmendments Income Tax Amendments June 2020 & December 2020 Assessment Year 2020 - 21 INCOME TAX AMENDMENTS IMPORTANCE Income tax amendments are important from exam point of view. Income tax amendments may come in exams for 10 to 25 marks this weightage of income tax amendments is completely based on past years experiences and trends. INCOME TAX AMENDMENTS COVERAGE In this video, we will cover income tax amendments in the following chapters. 1. Basics 2. Residential Status 3. Salary 4. PGBP 5. Capital Gains Part 1 ICSI will also issue Income Tax Amendment Sheet most probably in the month of February or March. It will also include the income tax amendments for June 2020 exams. Please note that not all the income tax amendments are important for exams we need to maintain a balance between coverage and marks. We have taken care of the same thing while covering the amendments. INCOME TAX AMENDMENTS - APPLICABILITY For June 2020 Income Tax Amendments will be as follows Income Tax Act, 1961 as amended by Finance Act 2019 and we are also required to study circulars and notifications up to 31st December 2019. INCOME TAX AMENDMENTS NOTES Amendment Notes will be uploaded soon in CSCARTINDIA App. In the meantime, you can yourself prepare some notes while watching the video. You can also refer ICSI study material applicable for June 2020 exams and the same can be downloaded from the website of ICSI. FEES FOR INCOME TAX AMENDMENTS We came to know that some teachers are charging fees for providing the income tax amendments classes for June 2020 even from their own old batch students. We will be providing all the amendments free of cost to all the CS Executive & CS Professional students. In return, we just request you to share the videos as much as possible and hit the like button to show your love and support. INCOME TAX AMENDMENTS - Classification We have classified the amendments into categories according to their importance. There are mainly 3 categories of Amendments A. Very Very Important B. Important C. Just do it once or twice We have tried to make the videos in a short and crisp manner you can revise all the amendments mutiple times from these videos and can score amazing marks in your Income Tax Exam.