1. Read the req. 2. what's given in the q 3. Marking Adjustments 4. Naming heads 5. Go by sequence of heads - use markings 6. Bifurcate GTI 7. Deductions 8. TI (won't be able get this unless you watch the lecture)
Summary on how to solve total income questions : 4 steps 1. Read the requirements first. 2. What's given in the top? (to identify the pattern). 3.Marking ( 3 sub-steps ) : 1) Glance through P and L account. Then start reading additional information. After which, take additional information and incorporate it in P and L account ( or income and expenditure account ). 2) If additional information given doesn't have an item connected with P and L account, then mark that point in lower empty part of P and L account ( if income - right side and if exp - left side ) - This applies to items relating to heads of income. 3) Deductions - mark it in the additional information itself. 4. Now start solving head by head. Compute GTI. Then divide the income based on availability of deductions. Then apply deductions. You've reached the mighty "Total income". TADA! Congrats - You've solved the question. Thanks sir for creating a routine.
Hello sir, plz to inform you that the same question had appeared for Nov 2019 ca inter taxation paper under compulsory question. The question was directly picked from the study material. Even the figures were not changed. 20 marks jackpot.
That'll be an incorrect assumption. P&L is prepared as per Accounting Standards and AS do not allow weighted deduction i.r.o. such expenses. Hence, assessee must've claimed 100% of expense only in his P&L. Since Income Tax Act allows 150% deduction, we're claiming the same.
I know Chirag. Some invigilators do have an issue with this. Hence, I asked you to politely explain to them the markings that you're making and use a pencil for the same. If they don't agree to it, avoid doing it
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
I am under an impression that such tricks help students ace the exams. I'll be posting many such tricks for other topics very soon. Happy learning!
Sir apne Set Off , TDS ke trick video kab upload kiye !!???!!! 🧐🤔
sir this video was a masterclass, I was unable to attempt total income question but you proved that such type of questions are also easy to attempt
My humble request please do video in English
1. Read the req.
2. what's given in the q
3. Marking Adjustments
4. Naming heads
5. Go by sequence of heads - use markings
6. Bifurcate GTI
7. Deductions
8. TI
(won't be able get this unless you watch the lecture)
But minimum time to be taken to complete this question
Summary on how to solve total income questions : 4 steps
1. Read the requirements first.
2. What's given in the top? (to identify the pattern).
3.Marking ( 3 sub-steps ) :
1) Glance through P and L account. Then start reading additional information. After which, take additional information and incorporate it in P and L account ( or income and expenditure account ).
2) If additional information given doesn't have an item connected with P and L account, then mark that point in lower empty part of P and L account ( if income - right side and if exp - left side ) - This applies to items relating to heads of income.
3) Deductions - mark it in the additional information itself.
4. Now start solving head by head. Compute GTI. Then divide the income based on availability of deductions. Then apply deductions. You've reached the mighty "Total income".
TADA! Congrats - You've solved the question.
Thanks sir for creating a routine.
@pranav thank you soo much
Sir ur voice is jst amazing 🙃🙂
So soothing voice sahil!
Dear sir, please make a video on tricks for solving set off and carry forward of losses
Thanks sir the trick was very helpful, please keep on making such tricks for other chapters as well.
Good bless you 🙂
Thank you sir... Btw your voice n the way you speak is just awesome....
East or west for Direct Tax Sahil Sir is the best.
Outstanding trick
Thanks a lot sir
gazab sir 🔥
Really Amazing !💯
WOW WOOOW ..... thankyou so much 🙏🏻🙏🏻🙏🏻 literally this helped me a lot
Thank you so much sir...It is very much essential
Outdated 22:00 sir new bnao ye kisi ko confuse kr dege
It's 100% now
@@RahulSharma-je1ry module dekhna
Sir your voice is very very very ossum 👌
Excellent sir👌👌👌
From next Vedio plz try to explain in English sir
Some people like me can’t understand Hindi clearly
Bura mat maniye,par apka face ek south indian hero se milta hai jisne ek hindi film 'makhhi' vi ki thee villain tha waha
Sudeep?
@@Namitha-xc2ln ji
Sudeep
Ye compliment tha..
🥺🥺
Hello sir, plz to inform you that the same question had appeared for Nov 2019 ca inter taxation paper under compulsory question. The question was directly picked from the study material. Even the figures were not changed. 20 marks jackpot.
in ca inter exam questions come from module ?
@@trishapatil2805 yes definitely
Sir your photo is really so amazing 👍
But sir we cannot write on paper...so how will me mark on the question?
Simply Amazing!! Thank You So Much!
Thank you for nice trick sir.
Are we even allowed to make any marks/writings on question paper during exams?
Sir I am army personnel .I got gross salary of last three years about 5,80000 With the tax deduction 48000. How can I get return it
Amazing sir
Thank You Sir !!!
Helpful🤗🙏🏻
Sir c
Inter law or tax ka mcq question icai ka jo mcq booklet hai
Waha se ata hai kya?!
Thank u so much sir 🙏
Thank you sir🙏
Sir ca final ke students ke liye bhi kuch concept video bhi uplaod karo na
Sir please tds and other important chptrs ki trick bhi bta di jiye that will be relevant for solving ca final dt qs... thanks in advance sir...
Sir marking is good technique,but most probably not allowed in exam.
But we are not allowed to write anything on the question paper....
right
sir tds vali trick bhi bata do please
Sir , do we need to write the notes ? After solving the problem .
Yesss
Outdated 25:20
Sir ye inter ka h na ?? Final ka thodi tricky aate h
Correct Kuldeep. But this is a general trick that can be used by both Inter and Final level students
@@TaxationWithCASahilJain actually sir suggest answer bhi ni mil rahe Nov old 2019, so aap wo 1 q provide Kara do na
@@kuldeepagarwal9818 Sure Kuldeep. I'll try to upload a lecture on that soon 🙂
sir please upload more videos.... for DT and GST
aything you are bollywood fan
Trick samaj nahi aayi
Is it okay to assume that sec 35 deduction is already at 150% ?
That'll be an incorrect assumption. P&L is prepared as per Accounting Standards and AS do not allow weighted deduction i.r.o. such expenses. Hence, assessee must've claimed 100% of expense only in his P&L. Since Income Tax Act allows 150% deduction, we're claiming the same.
@@TaxationWithCASahilJain ok thanks sir.
Humare yahan Mumbai mein question paper pe ek line bhi kar di toh paper le lete hain. Aapne itne marking bataye, yeh toh impossible hai.
I know Chirag. Some invigilators do have an issue with this. Hence, I asked you to politely explain to them the markings that you're making and use a pencil for the same.
If they don't agree to it, avoid doing it
Thankyou so much sir ❤️