Section 142: Fill & Download for Free

Originally answered : “I attempted 43 questions in IISER aptitude test 2015. I don’t know how many of them are correct. Do i have a chance of getting through ?”Bro,There is a book whose section 142 (C) Verse 3 says that“Thou shall get through IISER Aptitude test if thou has attempted more than 42 questions”So bro, you have a high chance of getting selected. Just a little condition though.“Correct must be all of thy answers”.otherwise, (if you don’t know how many of them are correct),“Even the almighty can’t predict the fate of thou”Thank you.P.S. The book is called “The encyclopedia of Common Sense”.On a serious note,Results you shall wait for and

It was during 2014 , i have been assigned a special audit under section 142(2A) of it act . Organisation is a trust Registered under section 12 AA . It spread across four states and wide spread about it's activities . To get clear picture of the accounts they are maintaining it took a while .Finally we ended up finding huge amount of tax evasion by way of manipulating books of accounts and using of income tax provisions where loop holes are available . At the end of the audit we truly satisfied with the work of our entire team .Let me cite some of the examples how they did thisIncome of revenue nature keeping under capital account.You never know unless go through accounts thoroughly .Non consolidation of trading units while filling return of income - If they consolidate those they may loose sec 11 exemption . Since it falls under fourth category of Advancement of any other object of general utility .No of deposits with fake pan numbers which exceeded the limit specified in Sec 269 SS & 269 STClaiming double deduction under section 11 and sec 80 GMaintaining two sets of accounts one with showing profits in order to get loans from and another with lossesRouting money of organisation to relatives and friends​ as debt receivable . Never asked them back to pay .To our surprise , audit report was signed in the name of auditor who passed away , that is disgusting one .They violated all FEMA regulations . They made arrangements with the bank manager of the city to route the funds of donation to different accounts.Using donation they received from foreign countries , they themselves made rich instead of making society better around them.To not to reveal they bribed us , we simply rejected .How can you motivate one if you have intention is to make money and rich while using derogatory methods . No matter how many finding you have found unless there is a clear policy execution to tackle these , results can't be seen .

Yes, you can definitely study from VG Books. I did the same for my exam in May 2017. But I was giving only Group 2 exam. To complete the entire 4 Modules along with Summary Module takes around 1 month, if you study around 5 Hours per day (Talking only about DT). The only thing why students wont prefer this books is its too lenghty and normally students giving both groups cant afford to give more than 15 days per subject.I will talk about my study Pattern for Direct Tax subject. I studied only once. I dont believe in Revision(The fact that i dont want to compromise on practicing part and understanding the logic thoroughly , so i take a lot of time to study one subject . As a result my 1st time usually ends around the exam time. Secondly I focussed on PGBP, CG,foreign Taxation, MAT and certain portions of Assessment Procedure(Return filing and Section 142 to 148). This was enough for me to attempt around 75 marks. And I got 51 marks in the exam.