CA Intermediate Paper-3 Weightage Sept 2024 Exams

CA Intermediate Income-tax Law and GST weightage 2024: The Institute of Chartered Accountants of India (ICAI) has issued updated and revised Section-wise Weightage for CA Intermediate Paper-3 Taxation (Income-tax Law and Goods and Services Tax) applicable for September 2024 and subsequent exams till further changes are made.

Chapter wise marks distribution for CA Intermediate Sept 2024. Weightage of Marks for CA Intermediate Paper-3 Taxation (Income-tax Law and Goods and Services Tax). ICAI published skill-wise and section wise weightage for Taxation (Income-tax and GST) subject of CA Intermediate course.

The Board of Studies (BoS) of the Institute of Chartered Accountant of India (ICAI) has now assigned weightage of marks to various sections of Paper-3 subject. This facility would help students to plan their studies in a structured manner for the coming ICAI Taxation (Income-tax and GST) 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-3 would take into consideration the weightage range assigned to different sections.

Here is the weightage of marks for CA Intermediate subject Paper 3 i.e. Taxation (Income-tax and GST). Following are the detail chapter wise and section wise weightage of marks assigned to Taxation (Income-tax and GST) paper. This analysis will be applicable for CA Intermediate course examination to be held in September 2024 onwards under New Scheme of Education and Training.

CA Intermediate Paper-3 Section wise Weightage

Section No.	Weightage
Section A: Income-tax Law	50 Marks
Section-I:	10%-20%
Section-II:	25%-30%
Section-III:	15%-20%
Section-IV:	15%-20%
Section-V:	20%-25%
Section B: Goods and Services Tax	50 Marks
Section-I:	0-5%
Section-II:	50%-80%
Section-III:	20%-45%

CA Intermediate Paper-3 Chapter-wise Weightage

Chapter Name	Weightage
Section A: Income-tax Law	50 Marks
Chapter 1: Basic Concepts	5-10 Marks
Chapter 2: Residence and Scope of Total Income	5-10 Marks
Chapter 3: Heads of Income	10-15 Marks
Chapter 4: Income of Other Persons included in Assessee’s Total Income	10-15 Marks
Chapter 5: Aggregation of Income, Set-Off and Carry Forward of Losses	8-10 Marks
Chapter 6: Deductions from Gross Total Income	8-10 Marks
Chapter 7: Advance Tax, Tax Deduction at Source and Tax Collection at Source	8-10 Marks
Chapter 8: Provisions for filing Return of Income and Self Assessment	10-15 Marks
Chapter 9: Income Tax Liability – Computation and Optimisation	10-15 Marks
Section B: Goods and Services Tax	50 Marks
Chapter 1: GST in India – An Introduction	0-5 Marks
Chapter 2-8	25-40 Marks
Chapter 2: Supply under GST
Chapter 3: Charge of GST
Chapter 4: Place of Supply
Chapter 5: Exemptions from GST
Chapter 6: Time of Supply
Chapter 7: Value of Supply
Chapter 8: Input Tax Credit
Chapter 9-15	10-22 Marks
Chapter 9: Registration
Chapter 10: Tax Invoice; Credit and Debit Notes
Chapter 11: Accounts and Records
Chapter 12: E-Way Bill
Chapter 13: Payment of Tax
Chapter 14: Tax Deduction at Source and Collection of Tax at Source
Chapter 15: Returns

CA Intermediate Weightage of Marks for Taxation (Income-tax and GST)

Section A: Income-tax Law (50 Marks)

Section-I (Weightage 10%-20%) i.e. 5-10 Marks

1. Basic Concepts
   (i) Income-tax law: An introduction
   (ii) Significant concepts in income-tax law, including person, assessee, previous year, assessment year, income, agricultural income
   (iii) Basis of Charge
   (iv) Procedure for computation of total income and tax payable in case of individuals
2. Residential status and scope of total income
   (i) Residential status
   (ii) Scope of total income

Section-II (Weightage 25%-30%) i.e. 12-15 Marks

3. Heads of income and the provisions governing computation of income under different heads
   (i) Salaries
   (ii) Income from house property
   (iii) Profits and gains of business or profession
   (iv) Capital gains
   (v) Income from other sources

Section-III (Weightage 15%-20%) i.e. 8-10 Marks

4. Provisions relating to clubbing of income, set-off or carry forward and set-off of losses, deductions from gross total income

Section-IV (Weightage 15%-20%) i.e. 8-10 Marks

5. Advance Tax, Tax deduction at source and tax collection at source
6. Provisions for filing return of income and self-assessment

Section-V (Weightage 20%-250%) i.e. 10-12 Marks

7. Computation of total income and income-tax payable by an individual under the alternative tax regimes under the Income-tax Act, 1961 to optimise tax liability.

Section B: Goods and Services Tax (50 Marks)

Section-I (Weightage 0-5%) i.e. 5 Marks

1. GST Laws: An introduction including Constitutional aspects

Section-II (Weightage 50%-80%) i.e. 25-40 Marks

2. Levy and collection of CGST and IGST
   i) Application of CGST/IGST law
   ii) Concept of supply including composite and mixed supplies
   iii) Charge of tax including reverse charge
   iv) Exemption from tax
   v) Composition levy
3. Basic concepts of:
   i. Classification
   ii. Place of supply
   iii. Time of supply
   iv. Value of Supply
   v. Input tax credit
4. Computation of GST liability

Section-III (Weightage 20%-45%) i.e. 10-24 Marks

5. Registration
6. Tax invoice; Credit and Debit Notes; Electronic way bill
7. Accounts and Records
8. Payment of tax
9. Returns