CMA Final Group 3 Combo: Corporate Laws & Compliance and Direct Tax Laws and International Taxation

Name of the subject, faculty and Video hours
Paper – 13 Corporate Laws & Compliance: CS Amit Vohra teaches the subject. The total video duration is 120 hrs.
Paper – 16 Direct Tax Laws and International Taxation – Prof. Saurabh Bansal teaches the subject. The total video duration is 130 hrs.

The subject aims to test the following strengths of the student:

Understanding the basic principles of corporate laws that are relevant for the purpose of decision-making and compliance.
Analysis and interpretation of the laws.
Evaluating the agent’s role and the instruments in the financial markets.
Planning and management of tax under the direct tax.
Explanation of the laws that governs provisions of the previous acts.
Explanation of the tax assessment for a number of assesses and the procedure of return filing.

As per the ICMAI, Corporate Laws & Compliance and Direct Tax Laws and International Taxation have the following sections:

A: Corporate Laws & Compliance

Section – A: Companies Act (60%)
The Companies Act, 2013 – 50%
Insolvency and Bankruptcy Code, 2016 (Annexure 1) – 10%
Section – B: Other Corporate Laws (25%)
SEBI laws and Regulation
The Competition Act, 2002 and its role in Corporate Governance
Foreign Exchange Management Act, 1999
Laws related to Banking Sector
Laws related to Insurance Sector
Section – C: Corporate Governance (15%)
Corporate Governance
Social, Environmental and Economic Responsibilities of Business
Security Analysis & Portfolio Management
Decisions Making Techniques
Standard Costing in Profit Planning
Activity Based Cost Management – JIT and ERP
Cost of Quality and Total Quality Management
B: Direct Tax Laws and International Taxation
Section – A: Advance Direct Tax Laws [50 Marks] (50%)
Assessment of income and Computation of tax liability of Various Entities.
Tax Management, Return and Assessment Procedure.
Grievance Redressal.
Penalties and Prosecutions.
Business Restructuring
Different aspect of Tax planning
CBDT & Other Authorities
E-commerce Transaction and liability in special cases
Income Computation and Disclosure Standards (ICDS)
Black Money Act, 2015
Section – B: International Taxation [30 Marks] (30%)
Double Taxation and Avoidance Agreements [Sec. 90, 90A and 91]
Transfer Pricing
Section – C: Case Study Analysis [20 Marks] (20%)
Why take Pen Drive video Classes from CD Classes?

Our Pen Drive video classes are one of the best in the country due to the following reasons:

Up-to-Date Syllabus: Our study material for CMA is at par with the current CMA Guidelines. Moreover, the past question papers are also kept in mind while preparing the curriculum.

Teaching Faculty: The faculty teaching the CMA subjects is highly professional and have both extensive knowledge and experience when it comes to teaching challenging subjects.

Previous Results: The past results and records for our students were excellent. Most of the students who took our Pen Drive video classes have cleared the paper in one go. Moreover, our overall feedback is outstanding.