WBPSC Audit and Accounts Service Syllabus 2026: Exam Pattern & Marking Scheme

The WBPSC Audit and Accounts Service examination for the position of Audit and Accounts Officer follows a two-tier structure: an online Preliminary exam followed by an offline Main examination and a final Interview. Given the high competition for these roles, candidates must adopt a disciplined study approach. Reviewing the official WBPSC Audit and Accounts Service syllabus is essential to prioritize key topics and optimize your preparation timeline.

WBPSC Audit and Account Syllabus and Exam Pattern 2026

The examination covers core subjects including English, General Knowledge, Business Mathematics, Statistics, Accountancy, and Costing. A thorough understanding of the WBPSC syllabus ensures a balanced preparation across all stages of the selection process. Comprehensive details regarding the exam pattern, marking criteria, and recruitment procedures will be outlined in the forthcoming official notification on the WBPSC website. You can also find an extensive breakdown of these requirements in the guide below.

WBPSC Audit and Accounts Recruitment 2026 Notification - Click to Download

WBPSC Audit and Accounts Selection Process 2026

The selection process for the WBPSC Audit and Accounts Service consists of multiple stages designed to evaluate candidate proficiency. The key phases are outlined below:

1. Preliminary Examination: It consists of only one paper on ‘General Studies’. 200 multiple-choice questions worth 200 marks need to be answered in 2.5 hours. The standard of the paper will be of B.Com. from a recognised university. There will be two groups: Group A and B.
2. Main Examination: Those who clear the prelims will be called for the main exam. The main exam is divided into a written examination and the personality test.
   • Written Examination - This is descriptive in nature and are worth 100 marks each.
   • Personality Test - 200 marks and those who clear the written are called for interview.

WBPSC Audit and Accounts Exam Pattern 2026

The WBPSC Audit and Accounts exam pattern for both Preliminary and Main stages is detailed in the tables below. Note that the Preliminary exam includes negative marking, whereas the Main examination consists of descriptive papers with no negative marking. Successful candidates will eventually proceed to the final interview round.

WBPSC Audit and Accounts Prelims Exam Pattern 2026

The WBPSC Audit and Accounts Preliminary exam is designed to test a candidate's grasp of general studies and financial fundamentals. The 200-mark paper is split into two sections: Group A (General Studies) and Group B (Business & Finance).

WBPSC Audit and Accounts Mains Exam Pattern 2026

The WBPSC Audit and Accounts Mains exam structure is detailed below. Each compulsory and optional paper carries 100 marks with a three-hour time limit. The standard of the optional papers is designed to match an honours-level degree curriculum.

WBPSC Audit and Accounts Syllabus 2026

Several subjects overlap between the Preliminary and Main examinations. Below is the detailed, subject-wise syllabus for the WBPSC Audit and Accounts Officer exam:

Compulsory Paper D: Business Mathematics & Statistics

• Ratio and Proportion with simple applications.
• A.P., G.P., Convergence and Divergence of G.P. series.
• Permutations:- Definition, Factorial notation, Theorems on permutation, Permutations with repetitions, Restricted permutations.
• Combinations:- Definition, Theorems on combination, Basic identities, Restricted combinations.
• Logarithm:- Definition, Base and index of logarithm, General properties of logarithm, Common problems.
• Compound interest and Annuities:- Different types of interest rates; Concept of present value and amount of sum; Types of annuities; Present value and amount of an annuity including the case of continuous compounding; Valuation of simple loans and debentures; Problems relating to sinking funds.
• Set Theory:- Definition of Set; Presentation of Sets; Different types of Sets-Null Set, Finite and Infinite Sets, Universal Set, Subset, Power Set etc.; Set Operations; Laws of Algebra of Sets.
• Correlation and Regression:- Scatter diagram; Simple correlation coefficient; Simple regression lines; Spearman’s rank correlation; Measures of association of attributes.
• Index Numbers:- Means and types of index numbers; Problems in constructions of index numbers; Methods of construction of price and quantify indices; Tests of adequacy; Errors in index numbers; Chain-base index numbers; Base shifting, splicing, deflating; Consumer price index and its uses.
• Interpolation:- Finite differences; Newton’s forward and backward interpolation formula; Lagrange’s interpolation formula.
• Measures of Central Tendency:- Common measures of central tendency – mean, median and mode; partition values-quartiles, deciles, percentiles.
• Measures of dispersion:- Common measures of dispersion-range, quartile deviation, mean deviation and standard deviation; Measures of relative dispersion

Compulsory Paper: E: Auditing

• Definition & Scope of Auditing : Relation of Auditing with Book keeping and Accounting – Objectives of AuditingError (different types-their detection); Frauds-manipulation of accounts with or without misappropriation of cash and goods and auditor’s positions in relation thereto – Advantage and limitation of audit-Ethics in auditing-Auditor’s independence.
• Classification of Audit; Statutory and Non-statutory Audit, Continuous Audit and Periodical Audit; Internal audit and Interim Audit-Limited Review.
• Preparation before the commencement of Audit and Procedure of Audit : Steps before the commencement of Audit of sole proprietorship, partnership firm & company-Preparation by Auditor’s (Audit Planning-Audit Programme-Audit Files-Audit Note Book & Working Papers) & Procedures (Routine Checking and Test Checking – Sampling Procedure – Audit-in Depth – Analytical procedure) – Concept of Audit Risk-Assessment of Audit Risk-Auditing Standard (Basic concepts).
• Internal audit, Internal Check and Internal Control; Concepts & Principles; Auditors’ position in relation theretoInternal check as regards (a) Sales, (b) Purchases (c) Stores and (d) Wages-Regulatory requirement of Internal Audi (Company Act, 2013).
• Vouching: Concepts-Objectives-Importance; vouching of cash Receipts and Payments, Outstanding assets and liabilities.
• Verification and Valuation: assets & Liabilities including Contingent Asset and Liabilities.
• Company Audit: Qualification, Appointment, Remuneration & Removal of Company Auditor-Rights and Duties of Company Auditor (Under the provision of Company Act, 2013) – Branch Audit – Joint Audit – Special Audit.
• Divisible Profits and Dividend-Concept, Treatment of Depreciation, Reserve and Provision (Companies Act, Relevant Accounting Standards and Relevant Case Laws).
• Auditor’s Report and Certificate: Concept of True and Fair view-Materiality (Concepts & Relevance) – Certificate of Corporate Governance-Cash flow statement – Reporting and Audit.
• Audit of different Institutions :
  • Bank-Legislation Relevant to Audit of Banks, Approach to bank Audit, Internal Control Evaluation, NonPerforming Assets (Concept, Provision), Long form Audit Report.
  • Insurance Companies-Legislation Relevant to Audit of Insurance Companies (Life and General Insurance), Review of Internal Control and Audit Report (Matters as per IRDA).
  • Educational Institution and Hospital.
  • Features and basic principles of Government Audit-Local Bodies and Non-Profit Seeking organizations (including NGOs).
  • Comptroller and Auditor General (CAG) and its Constitutional Role.
• Investigation :
  • Meaning, purpose-Distinction between Investigation and Auditing approach to Investigation- Types of Investigation.
  • Assessing a Business (Due Diligence Review, Valuation).
  • Investigations to detect Fraud, Misappropriation and Defalcations.
  • Investigations with respect to Business Combinations.
• Special Audit and Other Issues :
  • Cost Audit – Concepts, Objectives, Advantages, Relevant Provisions of Companies Act.
  • Management Audit-Tax Audit-Systems Audit-Social Audit-Environment Audit-Energy Audit-Forensic Audit.
  • Auditing in CIS Environment.
  • Ethics in Auditing – Auditor’s Independence.
  • Peer Review

Optional Paper: Group A: Paper A1 Macroeconomics and Public Finance

Macroeconomics : 

1. Macroeconomics: Scope and fundamental concepts. 

2. National Income Accounting: Concepts and measurement of GDP, GNP, NNP, NI, and DPI; circular flow of income; real vs. nominal GDP; implicit deflators. 

3. Theory of Equilibrium Income Determination: Simple Keynesian Model; Consumption, Saving, and Investment functions; National Income determination; and fiscal multipliers. 

4. Commodity and Money Market Equilibrium: Derivation and shifts of IS-LM curves; equilibrium within the IS-LM framework; assessment of monetary and fiscal policy effectiveness. 

5. Money Supply and Inflation: Theories of money demand (Quantity theory and Keynesian); components of money supply (High-powered money, Money multiplier); theories of inflation (Demand-pull and Cost-push); policies and instruments for inflation control.

Public Finance : 

1. Public Finance Foundations: Origin and development; public vs. private finance; federal finance; principle of maximum social advantage. 

2. Taxation and Expenditure Principles: Benefit approach; public goods allocation; ability-to-pay theory; excess burden of taxation. 

3. Raising Public Funds: Sources and classification of public revenue; tax incidence and shifting mechanisms. 

4. Federal Finance in India: Constitutional framework and the role of Finance Commissions. 

5. Central Finances: Revenue and expenditure streams; fiscal policy impacts; integration of planning and central budgeting. 

6. State Finances: Sources, utilization of funds, and federal issues. 

7. Indian Fiscal Policy and Deficit Financing.

Paper A2 :- Indian Financial System 

1. Financial System: 

Significance and role of finance in the economy; types of finance (Micro, Direct, Indirect); structure of the Indian Financial System and the role of regulatory bodies. 

2. Money and Indian Banking System: 

Functions of money; measures of money supply; structure and functions of commercial banks; credit creation; role of the Reserve Bank of India; monetary policy evolution since independence. 

Reserve Bank of India functions and monetary control instruments.

3. Other Financial Institutions: 

Roles of LIC, GIC, UTI, and development banks; overview of IRDA.

4. Interest Rate Structure: 

Gross vs. net, nominal vs. real interest rates; factors influencing interest rate variations; relationship with economic growth; administered vs. market-determined rates.

5. Money Market: 

Structure and components of the Indian money market; acceptance and discount houses; call money market trends.

6. Capital Market: 

Primary and secondary market functions; key participants including brokers, sub-brokers, and institutional investors.

7. Investor Protection: 

Grievance redressal mechanisms; role of SEBI, Company Law Board, and the media in protecting investors.

8. Financial Services: 

Fund-based vs. fee-based services; Merchant banking, credit rating agencies, and leasing services.

Paper A3: - Economic Principles and Indian Economic Problems

1) Introduction: 

Economics vs. Business Economics; analytical tools (schedules, graphs); production possibility frontier and resource efficiency.

2) Basics of Demand and Supply: 

Demand and supply curves; equilibrium price determination; elasticities and their measurement; distinction between slope and elasticity.

3) Theory of Consumer Behaviour: 

Utility analysis; indifference curve approach; consumer equilibrium; Hicksian decomposition of price effects; Giffen and inferior goods.

4) Theory of Production: 

Production function; Law of variable proportions; Isoquant and Isocost analysis; optimal input employment.

5) Theory of Cost: 

Accounting vs. economic costs; opportunity costs; short-run and long-run cost analysis.

6) Market for Commodities: 

Equilibrium in Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly.

7) Factor Price Determination: 

Wage determination; theories of rent, profit, and interest.

8) Overview of Indian Economic Trends: 

National income trends; structural composition and occupational shifts in the Indian economy; savings and investment patterns.

9) Issues in Indian Economy: 

Challenges including growth, unemployment, poverty, income inequality, inflation, and the informal economy.

10) Problems and Policies of Indian Economy: 

Agricultural policies (Green Revolution, land reform); industrial policies (pre- and post-1991, privatization, foreign capital).

B) Industry: Role of Government; Disinvestment of Public Enterprises; Foreign investment policy.

C) Globalization: WTO regime implications for developing economies.

11) Indian Economic Planning: 

Objectives and achievements of Five-Year Plans; evolution from Planning Commission to NITI Aayog.

Group B- B1- Business Regulatory Framework

Indian Company Law

a) Corporate Law: Company types, private vs. public companies, and conversion procedures; one-person and small company status.

b) Statutory Documentation: Memorandum and Articles of Association; Prospectus types and disclosure requirements; share dematerialization.

c) Incorporation: Procedures for formation and commencement of business; legal roles and liabilities of company promoters.

d) Capital Management: Share capital types (equity, preference, sweat equity); ESOPs; bonus shares; share transfers and debentures.

e) Governance: Board of directors (qualifications, duties, powers); managing directors and key managerial personnel; company meetings; winding-up procedures.

The Sale of Goods Act 1930

a) Sale of Goods Act: Essential elements of a contract of sale; distinction from hire-purchase agreements.

b) Conditions and Warranties: Implied terms and conditions in a sales contract.

c) Doctrine of Caveat Emptor and its legal exceptions.

d) Transfer of Ownership: Legal requirements for the passing of property.

e) Non-Owner Titles: Rights of unpaid sellers.

Indian Partnership Act 1932

a) Partnership Act: Essential elements and true test of partnership.

b) Partner Types: Partnership by estoppels and limited liability concepts.

c) Registration: Consequences and legal impact of non-registration of firms.

d) Minor's legal position in partnership agreements.

e) Rights and Duties: Authority and restrictions on partners regarding third-party dealings.

f) Dissolution: Grounds for firm dissolution.

g) Limited Liability Partnership (LLP) 2008: Comparison with the Partnership Act, 1932.

The Negotiable Instrument Act, 1881

a) Negotiable Instruments: Definition and characteristics of Promissory Notes, Bills of Exchange, and Cheques.

b) Cheque Types: Crossing modes, inchoate instruments, and accommodation bills.

c) Fictitious bill definitions.

d) Endorsements and their varieties.

e) Holder rights in due course.

f) Dishonour: Modes of dishonour and notice requirements.

The Indian Contract Act, 1872

a) Contract Act: Elements of a valid contract and classification.

b) Offer and Acceptance: Rules for valid offer, acceptance, and revocation.

c) Consideration: Essential elements and the "no consideration, no contract" principle.

d) Competency: Contractual capacity of minors and disqualified individuals.

e) Consent: Coercion, undue influence, fraud, misrepresentation, and mistake.

f) Void and Voidable: Distinction between void and illegal agreements.

g) Discharge: Methods of contract termination.

h) Special Contracts: Indemnity, guarantee, bailment, and pledge.

Consumer Protection Act, 1986

a) Consumer Protection: Definitions of complaint, consumer, and dispute under the Act.

b) Central and State Council objectives.

c) Redressal Agencies: Jurisdiction and composition of district, state, and national commissions.

d) Procedures: Filing complaints and the appellate process.

Employees Welfare Acts (General Idea)

a) Payment of Bonus Act, 1965.

b) Payment of Gratuity Act, 1972.

c) EPF and Miscellaneous Provisions Act, 1952.

Group B - Paper B2 - Cost and Management Accounting

1. Introduction : Nature and scope of Cost Accounting- Concept of Cost- Classification of Cost – Cost Accounting Vs. Financial Accounting – Cost Accounting Vs. Management Accounting – methods of Costing – Installation of Costing System.
2. Cost concepts, terms and classification of costs: Cost, Cost object, Cost units and Cost Centres. Types of costs, classification of costs, cost sheet (introduction only), total cost and unit costs, Costing Methods and Techniques – Activity Based Costing.
3. Material Cost : Definition of Material Cost – Classification of Material Cost – Materials purchase procedures – Different types of Stock Levels – Economic Order Quantity – Methods of Pricing of Issues of Materials (FIFO, LIFO and Weighted Average).
4. Labour Costs : Definition of Labour Costs – Classification of Labour Costs – Methods of Time Keeping and Time Booking – Idle time and Overtime (Causes) – Methods of Wage Payment – Time and Piece Rates – Halsay and Rowan System of Wage Payment – Incentive Plans.
5. Overhead : Definition – Classification – Departmentalization of Overhead Costs-Absorption of Overhead CostsDetermination of Overhead Absorption Rates- Application of Different Methods of Absorption of Overhead CostsTreatment of under/over absorption overhead.
6. Job Costing (Job cost cards and databases, Collecting direct costs of each job, Attributing overhead costs to jobs, Application of job costing). Batch Costing.
7. Contract Costing : Features of Contract Costing – Progress payment, Retention money, Escalation clause, Contract accounts, Accounting for material, Accounting for plant used in a contract, Contract Profit and balance sheet entries.
8. Service Costing and Output Costing- Introduction : Motor Transport Costing, Hotel Costing (Staff Canteen Costing, Hospital Costing, Boiler House Costing- brief idea only). Single or Output costing.
9. Process Costing : Meaning, Features, Process Vs. Job Costing, Principles of cost ascertainment for Materials, Labour & Overhead, Normal Loss, Abnormal loss and gain and preparation of process accounts.
10. Need for valuation of WIP, Equivalent Production (units) and preparation of process and other relevant accounts valuing WIP under average method and FIFO method (simple cases).
11. Inter-process profit (simple cases)- Meaning. Advantages and disadvantages and determination of stock value for the purpose of balance sheet – By-products & Joint products (Meaning and Distinction).
12. CVP Analysis : Introduction; CVP Assumption and uses; Break-Even Analysis; BE Point and Margin of Safety, Graphical presentation of CVP Relationship; Profit Graph.
13. Marginal Costing and Management Decision- Marginal Costing vis-à-vis Absorption Costing; Marginal costing techniques; Marginal Cost and Product Pricing; Product Mix and Make or Buy Decision, Shut Down Decision (with simple type problems on different areas of decision making).
14. Budgetary Control : Budget and Budgetary Control : the Budget manual. Principal budge factor, preparation and monitoring procedures, preparation of functional budgets (Production, Sales, materials). Cash Budget (idea of master budget), flexible budget, Zero-Based-Budgeting (ZBB).
15. Standard Costing : Standard Costs and Standard Costing; Uses & Importance; Differences with Budgetary Control, Preliminary Steps. Classification of Standards. Analysis and computation of materials, Labour and Overhead Costs Variances (elementary level)

Group B3 - Advanced Accountancy

1. Nature of Accounting: Users of accounting information; Financial & Management accounting; Qualitative characteristics of accounting information.
2. Double entry book keeping system- Basic accounting equation, meaning of assets, liabilities, equity, revenue and expenses. Accounting Cycles- Recording of transaction: Journal, Ledger and preparation of Trial Balance.
3. Bases of accounting; cash basis and accrual basis.
4. Basic concepts and conventions : equity, money measurement, going concern, cost, realization, accruals, periodicity, consistency, prudence (conservatism), materiality, matching and full disclosure- Fundamental Accounting assumption.
5. Insurance Claims : Loss of stock; Physical and ownership concept; concept of under insurance and average clause; computation of claim with price change; consideration of unusual selling line; price reduction etc.
6. Loss of profit- Concept- Insured & uninsured standing charges, GP rate, short sales and increased cost of working, average clauses and computation of claim (simple type).
7. Branch Accounting : Concept of Branch; different types of branches. Synthetic method – preparation of Branch Account. Preparation of Branch Trading and P/L account (at cost & at IP)- normal and abnormal losses. Analytical method-preparation of Branch Stock, Adjustment etc. Account (at cost & at IP)- normal and abnormal losses, Independent branch- concept of wholesale profit and basic idea of incorporation.
8. Partnership Accounts- P/L Appropriation Account ; capital and current Account; Guarantee- by firm, by partner and both; Correction of Appropriation items with retrospective effect. Changes in constitution of firm- change in profit sharing ratio, admission, retirement, retirement cum admission- treatment of goodwill- Revaluation of Asset & Liabilities- Treatment of Joint Life Policy- Death of Partner- Accounting for Dissolution of firm- Insolvency of partnerPiecemeal Distribution.
9. Company- Introduction and Accounting for Shares & Debentures :
   1. Meaning of Company; Maintenance of Books of Accounts; Statutory Books; Annual Return.
   2. Issue of Shares- issue, forfeiture, reissue, issue other than in cash consideration and issue to the promoter; Pro-rata issue of shares. Issue of debenture. Sweet equity.
   3. Right and Bonus Share- Rules, Accounting.
   4. Alteration of Share Capital; Conversion of fully paid shares into stock; Equity Shares with different rights.
   5. Underwriting of shares and debentures; Rules; determination of Underwriter’s Liability- with marked, unmarked & firm underwriting; Accounting.
   6. Redemption of Preference Shares- Redemption of Debentures- Buy-back of Securities.
10. Valuation : Goodwill- Valuation using different methods, i.e. Average Profit, Super Profit, Capitalization and annuity. Shares-Valuation using different methods; Intrinsic, Earning, Dividend Yield, Earning-Price, Cum-div and Ex-div, Majority and Minority view and Fair value.
11. Introduction to Accounting standards : Financial Accounting Standards : Concept, benefit, procedure for issuing accounting standards in India-IFRS & IAS (concept only).
12. Company Final Accounts : Introduction to Schedule III under the Companies Act, 2013- Preparation of Profit & Loss Account and Balance Sheet- Managerial remuneration- Transfer to reserves- Treatment of Proposed Dividends.
13. Accounting for Mergers & Reconstruction : Accounting for Amalgamation & Absorptions (including provisions of relevant Standards)- Accounting for Internal Reconstruction.
14. Consolidated Financial statement : Meaning of Holding Company & Subsidiary Company; relevant standard; Consolidation of Balance Sheet of Parent & Subsidiary (only one); Minority Interest – Basic principles and preparation of CBS; CBS with loss balance of Subsidiary. Treatment for : Revaluation of Asset of subsidiary, Intra group Transactions, Holding of different securities; consideration of dividend paid or proposed by subsidiary, CBS; Bonus shares issued or proposed to be issued by Subsidiary (excluding shares acquired on different dates by the parent company, chain and cross holding).
15. Ratio Analysis : Meaning, objectives, classification of accounting ratios, Advantages & Limitations, Preparation of Financial Statement and statement of Proprietor’s Fund from the given ratios. Computation, Analysis and interpretation of important ratios for measuring- - Liquidity, Solvency, Capital structure, Profitability and Managerial Effectiveness.
16. Cash Flow Statement : Meaning, objectives, difference with Fund Flow Statement; classification of cash flow on the basis of nature of activities- preparation and presentation as per AS-3.

Group C- Paper C1 - Business Management

1. Introductory Concepts: Concept, definition and nature of Management. Concept of organization. Elements of Organization- Importance of management. Management Science or art or both-Management as a profession – Professional management in India- Functions and levels of management – Managerial skills and organizational hierarchy. Functional Managers and General Managers – Universality of management concept and nature of coordination – Coordination as the essence of management.
2. Evolution of Management Thought: Meaning of management thought and theories. Schools of management theory – Scientific management : elements, principles and criticisms – Contributions of Henri Fayol – Management principles and their criticisms – Human Relations Approach – Hawthorne Experiments and their findings systems and contingency approach to management.
3. Management and Society : Elements of organizational environment- economic, social, technological, political and legal : Social responsibilities of managers Managerial ethics – Ethical theories – Code of Ethics.
4. Planning : Definition, nature and importance of planning – Hierarchy of planning – Types of Plan – Steps in Planning Process – Planning Premises – Meaning of forecasting – Techniques of forecasting – benefits and limitations of Planning – Management by Objectives (MBO) meaning, features and objectives – Steps in MBO process – Benefits and weakness of MBO.
5. Organizing : Concept and meaning of organizing – Process of organizing – Methods of Departmentation – Span of management : factors determining an effective span – concepts of authority, responsibility and accountability – Delegation of authority concept and principles - Measures for making delegation effective – Centralization and decentralization of authority – Line and staff concepts.
6. Staffing : Definition, features and importance of staffing – Elements and functions of staffing – Manpower planning – Job analysis, job description and job specification – sources of recruitment – Selection and placement procedure – Training and development of managerial and non managerial personnel.
7. Leading : Concept features and importance of leadership – Ingredients of leadership – Functions of Leadership – Differences between Leadership and Management. Leadership styles : autocratic, democratic and free-rein leadership – Trait theory of leaders.
8. Motivation : Definition, features and importance of motivation – Motivation and morale – job enrichment and job enlargement – Theories of motivation – Mc Greger’s Theory X & Y. Maslow’s Theory, Herzberg’s Theory, Maclelland’s Need Theory-Critical appraisal of Motivation theories.
9. Control : Definition, nature and importance of managerial control – Relationship between planning and control – Types of control – Steps in control process – Resistance to control – Requirements for effective control system – Important control techniques; budgetary control, performance budgeting, zero-base budgeting, management audit.

Paper C2 - Direct and Indirect Taxation

INCOME TAX ACT, 1961 

1. Basic Concepts and Definitions Under IT Act : Assessee, Previous year, Assessment year, Sources of Income, Heads of Income, Gross total income, Total income, Tax Evasion, Tax avoidance, Tax planning, Residential Status and incidence of Tax - Residential status of all persons except company Incomes which do not form part of Total Income.
2. Income from Salaries.
3. Income from House Property.
4. Profits and Gains from Business and Profession.
5. Capital Gain – Meaning and types of capital assets, basic concept of transfer, cost of Acquisition, cost of improvement and indexation, computation of STCGT and LTCG, exemptions u/s 54 and 54F, taxability of STCG and LTCG.
6. Income from other sources (Basic concept excluding deemed dividend).
7. Income of other persons included in Assessee’s Total Income – Remuneration of spouse, Income from assets transferred to spouse and Son’s wife, income of minor.
8. Set off and carry forward of Losses – Mode of set off and carry forward, inter source and inter head set off, Carry forward and set off losses u/s 71B, 72, 73, 74, 74A.
9. Deductions from Gross Total Income (Basic concepts), deduction u/s 80C, 80CCC, 80CCD, 80CCE, 80CCF, 80D, 80DD, 80DDB, 80E, 80G, 80GG, 80GGA, 80GGC, 80U.
10. Relief of Income Tax : U/s 89.
11. Computation of Total Income and Tax payable – a) Rate of tax applicable to different assessee (except corporate assessee) b) Computation of tax liability of an individual and firm.
12. Provision for Filing of Return – Assessment (Self assessment, assessment u/s 143(1), scrutiny assessment u/s 143(3) and best judgment assessment u/s 144.

WB VAT ACT, 2003: 

VAT origin and objectives; registration and rate structures; computation methods (addition, subtraction, and input tax credit).

 CENTRAL SALES TAX ACT, 1956 : 

Key terms including dealer, sale price, and inter-state trade principles.

CENTRAL EXCISE ACT, 1944 

Basic concepts, excisable goods, assessable value, and CENVAT credit overview.

SERVICE TAX 

Definition of taxable services, registration procedures, and liability calculation.

Paper C3 - Information Technology and its Applications in Business

1. IT and Business: 

Overview of information systems (TPS, MIS, DSS, KMS); impact of technology on communication and business processes; recent trends like enterprise computing.

2. Data Representation in Computing: 

Number systems (Binary, Decimal, Hexadecimal); data storage units; binary arithmetic and ASCII.

3. Fundamentals of Computer: 

Components of digital computers; hardware and software relationships; types of software (Operating Systems, Translators, Utilities).

4. Data Management: DBMS and organization concepts.

• Data organization : Character, field, record, file and database. Types of Data Processing Systems [Serial, Batch, Real-time, Online, Centralized, Distributed]. File Organizations [Sequential, Direct, IndexedSequential, Relative], Traditional file organization vs. Database file Organization.
• Database Management System-Concept of DBMS, Important terms of database [including Entity, Attribute, Primary Key, Foreign Key, Candidate Key, Referential Integrity, Table, Views, Data Dictionary]. Types of database [hierarchical, network and relational]. Basic ideas of Data Warehouse and Data mining.

5. Data Communication and Networks.

• Data Communication : concept of Data communications, Transmission Modes [Simplex, Half-Duplex, Full Duplex, Serial, Parallel, Synchronous, Asynchronous], Communication Media. Wireless and satellite communication, Wireless Broadband, WAP, Network components – ridge, Switch, Router, Gateway.
• Computer Networks : Network Concept, Types : LAN, WAN, MAN, VAN, SAN, Various Topologies : BUS, STAR, RING, MESH, TREE.

6. Internet Basics: 

Intranet, Extranet, IP addresses, URL, and networking protocols (TCP/IP, FTP, etc.); basic web development concepts (HTML, XML).

7. Security Issues: 

Threats (Virus, Hacking); protective measures (Firewall, Encryption, Digital Signatures).

8. Overview of E-Commerce: 

Importance and advantages of E-commerce in modern business.

9. E-Commerce Models: 

B2C, B2B, G2B, C2C, and C2B models, including their activities and market-place structures.

10. E-Payment Systems: 

Payment cards, digital wallets, smart cards, and online banking systems.

11. Introduction to ERP: 

ERP concepts, benefits, modules, implementation phases, and limitations.

WBPSC Audit and Account Syllabus 2026 PDF - Click to Download