CS Executive – First Module Books to Refer

Study Material of CS executive is very vast and covering the entire syllabus in a short period is a challenge for cs students. Reference books are useful to get an understanding on  topics and concepts. In addition to the reference materials, enlisted below, you may make use of guideline answers provided by  the ICSI (Guideline answers will be available at the chapters and regional offices of ICSI).

Module 1 consist of four papers out of which ‘Tax Laws’ is OMR based exam. Following are the reference books which you can make use in preparation for your module 1.

PAPER 1:JURISPRUDENCE, INTERPRETATION AND GENERAL LAWS

Syllabus

Sources of Law – Constitution of India – Interpretation of Statutes – General Clauses Act, 1897 – Administrative Laws – Law of Torts – Limitation Act, 1963 – Civil Procedure Code, 1908 – Indian Penal Code, 1860 – Criminal Procedure Code, 1973 – Indian Evidence Act, 1872 – Special Courts, Tribunals under Companies Act & Other Legislations – Arbitration and Conciliation Act, 1996 – Indian Stamp Act, 1899 – Registration Act, 1908 : Registration of Documents – Right to Information Act, 2005 – Information Technology Act, 2000

Reference books for Jurisprudence, Interpretation and General Laws
    1. Study Material
    2. N.S. Zad & Nilamkumar Bhandari – Buy Online
    3. Sangeet Kedia – Buy Online
PAPER 2: COMPANY LAW

Syllabus

Part I : Company Law, Principles & Concepts (50 Marks)

Introduction to Company Law – Shares and Share Capital – Members and Shareholders – Debt Instruments – Charges – Distribution of Profits – Corporate Social Responsibility – Accounts, Audit and Auditors – Transparency and Disclosures – Inter-Corporate Loans, Investments, Guarantees and Security,

Related Party Transactions – Registers and Records – An overview of Corporate Reorganization – Introduction to MCA 21 and filing in XBRL – Global Trends and Developments in Company Law

Part II: Company Administration and Meetings – Law and Practices (40 Marks)

Board Constitution and its Powers – Directors – Key Managerial Personnel (KMP’s) and their Remuneration – Meetings of Board and its Committees – General Meetings – Virtual Meetings

Part III : Company Secretary as a Profession (10 Marks)

Legal framework governing Company Secretaries – Secretarial Standards Board – Mega Firms

Reference books for Company Law
      1. Study Material
      2. Anoop Jain – Buy Online
      3. N.S.Zad –Buy Online
PAPER 3: SETTING UP OF BUSINESS ENTITIES AND CLOSURE

Syllabus

Part A : Setting up of Business (40 Marks)

Choice of Business Organization – Company – Charter documents of Companies – Legal status of Registered Companies – Limited Liability Partnership – Other forms of business organizations – Institutions Not For Profit & NGOs – Financial Services Organization – Start-ups – Joint Ventures; Special Purpose Vehicles – Setting up of Business outside India – Conversion of existing business entity

Part B : Registration; Licenses & Compliances (35 Marks)

Various Initial Registrations and Licenses – Maintenance of Registers and Records – Identifying laws applicable to various Industries and their initial compliances – Intellectual Property laws – Compliances under Labour Laws – Compliances relating to Environmental laws

Part C : Insolvency; Winding up & Closure of Business (25 Marks)

Dormant Company – Strike off and restoration of name of the company and LLP – Insolvency Resolution process; Liquidation and Winding-up

Reference books for Setting up of Business Entities and Closure
  1. Study Material
  2. N.S.Zad – Buy Online
PAPER 4: TAX LAWS

Syllabus

Part I : Direct Taxes (50 marks)

Direct Taxes at a Glance – Basic concepts of Income Tax – Incomes which do not form part of Total Income – Computation of Income under Various Heads – Clubbing provisions and Set Off and / or Carry Forward of Losses – Deductions from Gross Total Income & Rebate and Relief – Computation of Total Income and Tax Liability of various entities – Classification and Tax Incidence on Companies – Procedural Compliance – Assessment, Appeals & Revision

Part II : Indirect Taxes (50 marks)

  • Goods and Service Tax

Concept of Indirect Taxes at a glance – Basics of GST – Concept of Time, Value & Place of Taxable Supply – Input Tax Credit & Computation of GST Liability – Overview – Procedural Compliance under GST – Basic overview IGST, UTGST and GST Compensation to States

  • Customs Act

Overview of Customs Act

Reference Books for Tax Laws
  1. Income tax law and accounts by Dr.H.C.Mehrotra – Buy Online
  2. Study Material
  3.  Dr.Yogendra bangar, Dr. Vandana Bangar – Buy Online

If you can refer any better reference book for  students, suggest it on the comment box below.