Important announcement for CWA December 2012 exam aspirants

Clarification on applicability of Finance act 2011 and CAR 2011 and CARR 2011 and CAS

1. Assessment Year 2012-13 will be applicable for subjects Applied Direct Taxation (Intermediate), Applied Indirect Taxation (Intermediate) and Indirect and Direct Tax Management (Final) for the purpose of December 2012 term of Examination under Revised syllabus 2008.

2. Cost Accounting Records Rules 2011, Cost Audit report rules 2011 and CAS 1-14 will also be applicable for Paper-17 Cost Audit and Operational Audit for December 2012 terms of examination.

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