Lecture Notes: Interview with CA Inter All India Rank 1, Parmi Parekh

Introduction

• Special guest: CA Inter All India Rank 1, Parmi Parekh.
• Scored 88 marks in the taxation subject.
• Recognition of the challenges faced in covering the syllabus.

Initial Reaction to Results

• Parmi received a call from the president announcing her rank shortly before results were released.
• Did not open results in front of parents to avoid distractions.
• Felt a mix of excitement and disbelief upon learning about her achievement.

Background and Education

• Hometown: Ghatkopar.
• Schooling at PG Karodia School; positive experiences with teachers.
• Attended NM College for 11th and 12th grades.
• Pursuing B.Com from HR College.

Early Aspirations

• Expressed a childhood dream of becoming a tailor, inspired by perceived earnings.
• Originally pursued science but shifted to commerce after realizing interest in CA.

Study Strategies and Challenges

Preparation for CA Inter

• Acknowledged difficulty in managing backlogs due to various commitments.
• Emphasized importance of attending classes even with missed lectures.
• Recommended covering backlogs during weekends and holidays.

Study Techniques

• Highlighted the importance of dreaming big and setting high goals for motivation.
• Discussed the importance of understanding concepts deeply rather than rote memorization.
• Mentioned using concise notes and repetitive study for retention.

Taxation Focus

• Scored 88 marks in Taxation, prepared with attention to fundamentals and concepts.
• Utilized supplementary resources such as videos for clarity on topics like TDS.
• Emphasized clear understanding of theory and principles for higher scores.

Exam Strategy

• Decided to attempt GST first due to its scoring nature and conceptual understanding.
• Mentioned the advantage of tackling MCQs efficiently.

Writing Practice and Mock Tests

• Stressed the significance of writing practice, particularly for theory and practical subjects.
• Recommended taking multiple mock tests to simulate exam conditions.
• Suggested reviewing mistakes and understanding concepts in-depth to avoid errors.

The Role of Family and Support System

• Acknowledged the sacrifices made by family to provide a conducive study environment.
• Importance of family support in long-term endeavors like CA.

Golden Advice for Students

• Take proper breaks to refresh, rather than engaging in mobile or social media distractions.
• Focus on understanding concepts thoroughly; ask questions if unclear.
• Maintain a positive mindset and give full effort to preparation.

Conclusion

• Appreciated the opportunity to share her journey and insights.
• Encouraged viewers to remain humble and dedicated in their studies.