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CA Inter Suggested Answers
CA Intermediate Suggested Answers by Koncept Education

CA Inter Suggested Answers

CA Inter Suggested Answers

  • 28-December-2021
  • CA-Inter
  • By TeamKoncept

Table of Content


CA Intermediate December 2021 Examinations and Suggested Answers.

Every one of you who has appeared for the CA Inter December 2021 examinations is awaiting the results!

The ICAI conducts the CA Intermediate exams every 6 months. They are usually conducted in May and November every year. But the November 2021 attempt was held in December 2021.

KonceptCA is trusted by students for their CA intermediate studies, and many of you have given the December 2021 exams. ICAI generally gives the suggested answers after the results are announced. But till then the students are still in doubt, whether they have written correct answers or not.

To clear this doubt, we have come up with Suggested answers for the Dec 2021 exams. Our All India Ranker faculties - CA Yashvardhan Saboo and CA Ruchika Saboo will be coming live on Youtube for paper analysis and suggested answers for every exam. The Youtube Live Session will be starting from 24th Dec 2021 @ 7 PM. These live sessions will be a valuable source of study for the CA intermediate students who have appeared and also for the students who are going to appear in May 2022.

The answers will be discussed in-depth with proper working notes and ICAI accepted presentation. You can join all the live sessions and clear all your doubts that you had in the examination with the help of these suggested answers.

Links for CA Intermediate December 2021 Question Paper with Suggested Answers are given below:

PaperQuestion Paper
Paper 1 – AccountingDownload
Paper 2 – Corporate Laws and Other LawsDownload
Paper 3 – Cost and Management AccountingDownload
Paper 4 – TaxationDownload
Paper 5 – Advanced AccountingDownload
Paper 6 – Auditing and AssuranceDownload
Paper 7 – Enterprise Information Systems and Strategic ManagementDownload
Paper 8 – Financial Management and Economics for FinanceDownload

Role of Konceptca to succeed in your CA Intermediate.

KonceptCA is considered one of the best online CA Intermediate classes because we know what the requirements of students are! The video lectures, practice material, and the mock tests are created in a way to assure the success of students as well as of Konceptca. The mentors assist the students in every possible way for their bright and triumphant future. So, if you’re wondering where to study for the CA Intermediate exams, Konceptca is your answer!

KonceptCA also provides students with customized test series with the help of which they can focus and practice on their low key areas. The students who are going to appear in May 2022 for their CA Intermediate can go for a customized test series of Konceptca with which they will feel assured about their preparations and excel in their exams!


Paper 1 – Accounting

Analysis of the question paper - Most of the questions were similar to the questions from ICAI material – ICAI module, RTP, MTP and PYP. So if you had gone through the ICAI material thoroughly and solved the questions properly, you will definitely secure good marks.

As we can see above, Accounting Standards and Preparation of Financial Statements were the chapters having a good weightage. From some chapters like introduction, bonus issue, nothing was asked.

70% of the questions asked were of Easy category. 15% were moderate and 15% were hard. All in all it was an easy paper. If you had studied thoroughly, you will certainly get good marks.


52% of the questions asked were fresh questions i.e. no similar question had been asked earlier. 33% were similar to the ICAI module questions. 4% were from RTP & MTP for Dec 2021 and 11% were from RTPs, MTPs and PYPs of previous years.

Click here for Accounting Question Paper and Suggested Answers

Paper 2 – Corporate Law and Other Laws

Analysis of the question paper - Corporate Law and Other Laws paper was a good paper. Most of the questions were in case study format. The direct questions were majorly from other laws chapter 3 and 4. The most important thing is to read the case study questions properly and understand what the question is asking you and then answer accordingly. Also sections and provisions are important and writing the answers properly will help you get marks.

As we can see above, from Corporate Law subject, Management and Administration chapter was the most asked and from Other Laws, Indian Contract Act was the most asked one. From some chapters like Incorporation and Charges, no question was asked. It is a possibility that MCQs were asked from these chapters.

As you can see, more that 50% questions were asked from the study material only i.e. either direct questions or questions with some modification. Around 30% questions were new. And the rest were from RTPs, MTPs and PYPs.

Click here for Corporate Law and Other Laws Question Paper and Suggested Answers

Paper 3  – Cost and Management Accounting 

Analysis of the question paper - Cost and Management Accounting paper was a logical paper as always. You have to read the questions very thoroughly in order to get correct answers. If you have read the question properly, you are half way there.

As we can see above, ICAI tries to ask question from every chapter. Students have to go through all the chapters properly to score well in the exams. Unit and Batch costing was the only chapter from which no question was asked but this unit costing is covered in many chapters already.




As you can see, around 2/3rd of the questions were fresh questions. Rest 1/3rd were from ICAI module, RTPs, MTPs and PYPs.



64% of the questions asked were of Easy category. 28% were moderate and 8% were hard. All in all it was an average paper. If you had studied thoroughly, you will certainly get good marks.

Click here for Cost and Management Accounting Question Paper and Suggested Answers

Paper 4 – Taxation

Analysis of the Question Paper - Taxation is generally the toughest subject for all the students. Firstly, the subject is very vast which includes both Income Tax and GST. Secondly, it is very technical subject. Students have to remember a lot of provisions, limits and exemptions. It needs extensive practice to clear this subject. ICAI paper was a moderately difficult paper. In-depth practice is required to score good marks.


As we can see, there are many chapters from which no question was asked. But in taxation, questions asked are very much inter-related. And MCQs are also asked, so there is a possibility that MCQs were asked from these chapters.      

As we can see, there are many chapters from which no question was asked. But in GST, questions asked are very much inter-related. If you have studied supply, charges and exemptions then only you will be to do questions of time and value of supply, input tax credit and registration correctly. Also MCQs are also asked, so there is a possibility that MCQs were asked from these chapters.



As you can see, around 2/3rd of the questions were fresh questions. Rest 1/3rd were from ICAI module, RTPs, MTPs and PYPs.


Only 23% of the questions asked were of Easy category. 41% were moderate and 36% were hard. It was a difficult paper. Conceptual clarity and thorough revision is required for scoring good marks.

Click here for Taxation Question Paper and Suggested Answers

Paper 5 – Advanced Accounting

Analysis of the question paper - Most of the questions were similar to the questions from ICAI material – ICAI module, RTP, MTP and PYP. So if you had gone through the ICAI material thoroughly and solved the questions properly, you will definitely secure good marks.


As we can see above, Accounting Standards, Partnership Accounts and surprisingly Buy Back of shares were the chapters having great weightage. Atleast one question was asked from every chapter.


96% of the questions asked were either from ICAI module or RTPs, MTPs and PYPs. So if you had just practiced ICAI material, you would have attempted atleast 90-95 marks of questions.


52% of the questions asked were of Easy category. 20% were moderate and 28% were hard. It was an average paper. There were some tricky adjustments. So, if you had studied thoroughly, you will certainly get good marks.

Click here forAdvanced Accounting Question Paper and Suggested Answers

Paper 6 – Auditing and Assurance

Analysis of the question paper - Most of the questions were similar to the questions from ICAI material – ICAI module, RTP, MTP and PYP. So if you had gone through the ICAI material thoroughly and solved the questions properly, you will definitely secure good marks. A lot of case study based questions were asked and rest were direct questions.




As we can see above, Audit of Items of Financial Statements, Company Audit and Audit of Different Types of Entities carried a good weightage. At least one question was asked from all the chapters. Also, MCQs are also asked from this subject.



85% of the questions asked were either from ICAI module or RTPs, MTPs and PYPs. So if you had just practiced ICAI material, you would have attempted atleast 80-85 marks of questions including MCQs.


60% of the questions asked were of Easy category. 28% were moderate and only 12% were hard. All in all it was an easy paper. If you had studied thoroughly, you will certainly get good marks.

Click here for Auditing and Assurance Question Paper and Suggested Answers

Paper 7 – Enterprise Information Systems & Strategic Management

Analysis of the question paper - Most of the questions were similar to the questions from ICAI material – ICAI module, RTP, MTP and PYP. So if you had gone through the ICAI material thoroughly and solved the questions properly, you will definitely secure good marks.



As you can see, almost all chapters were equally asked in the paper. There are only 5 chapters in Enterprise Information Systems subject. But all of these are huge chapters. So it requires a lot of memorising.


As we can see above, Strategic Management Process and Business Level Strategies carried 10 marks each. All other chapters carried 5 marks each. This is for subjective questions. MCQs are also asked from this subject.


As we can see above, only one-fourth of the questions were fresh questions. Three-fourth of the questions were from ICAI material - Module, RTPs, MTPs and PYPs.

As this is purely theory subject, it is generally an easy paper. It just requires a lot of memorising and revisions. And you need to indentify what you have to write in the answer as there are many similar topics all over the syllabus. 65% of the questions asked were of Easy category. 25% were moderate and only 10% were hard.

Click here for Enterprise information Systems & Strategic Management Question Paper and Suggested Answers

Paper 8 – Financial Management and Economics for Finance

Analysis of the question paper - Most of the questions were similar to the questions from ICAI material – ICAI module, RTP, MTP and PYP. So if you had gone through the ICAI material thoroughly and solved the questions properly, you will definitely secure good marks.



As you can see above, 5 chapters carried 10 marks each and other chapters carried lesser marks. Atleast one question was asked from all the subjects.







22% of the questions asked were fresh questions. Other than that, 78% of the questions were from ICAI material - Module, RTPs, MTPs and PYPs. 



65% of the questions asked were of Easy category. 25% were moderate and only 10% were hard.

Click here for Financial management and Economics For Finance Question Paper and Suggested Answers


We hope your doubts are cleared now and the suggested answers helped you.

All the best for your results!

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