
<p class="wp-block-paragraph"> Hello Dear CA Students,</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>We are Sharing With You </em>Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2023 – Foundation Course Examination<em>. </em></p>



<p class="wp-block-paragraph"><em>So kindly Check Out our www.castudynotes.com website and ALL the Best for Your upcoming Exams.</em></p>
<cite>CA STUDY NOTES</cite></blockquote>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img src="https://castudynotes.com/wp-content/uploads/2021/03/Join-US-640x148-1.png" alt="" data-amp-lightbox="true" lightbox="true" class="wp-image-99"/></figure>
</div>

<p>
 <img src="https://castudynotes.com/wp-content/uploads/2023/01/word-image-7222-1.jpeg" class="wp-image-7225" />
</p>
<p><strong>Board of Studies The Institute of Chartered Accountants of India</strong>
</p>
<p><strong>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;</strong>
</p>
<p><strong>Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2023 – Foundation Course Examination</strong>
</p>
<p><strong>Paper 2, Section A: Business Laws for May 2023 examination</strong>
</p>
<p><strong>Inclusions from the syllabus</strong>
</p><table><tr><td><p><strong>(1)</strong>
</p></td><td><p><strong>(2)</strong>
</p></td><td><p><strong>(3)</strong>
</p></td></tr><tr><td><p><strong>S. No. in the syllabus</strong>
</p></td><td><p><strong>Chapters/ Topics of the syllabus</strong>
</p></td><td><p><strong>Inclusions</strong>
</p></td></tr><tr><td><p>
 1.
</p></td><td><p>
 Chapter 1: The Indian Contract Act, 1872
</p></td><td><p>
 The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
</p></td></tr><tr><td><p>
 2.
</p></td><td><p>
 Chapter 2: The Sale of Goods Act, 1930
</p></td><td><p>
 The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
</p></td></tr><tr><td><p>
 3.
</p></td><td><p>
 Chapter 3: The Indian Partnership Act, 1932
</p></td><td><p>
 The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
</p></td></tr><tr><td><p>
 4.
</p></td><td><p>
 Chapter 4: The Limited Liability Partnership Act, 2008
</p></td><td><p>
 The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
</p></td></tr><tr><td><p>
 5.
</p></td><td><p>
 Chapter 5: The Companies Act, 2013
</p></td><td><p>
 The entire content included in the September 2021 edition of the Study Material and the Legislative amendments hosted on the website for May 2023 examinations, shall only be relevant for the said examinations.
</p></td></tr></table>
<p><strong>Notes: </strong>September 2021 edition of the Study Material is relevant for May 2023 examinations. The amendments &#8211; made after the issuance of this Study Material – i.e. for period 1st of May 2021 to 31st October, 2022 shall also be relevant. The relevant Legislative amendments for May 2023 will be available on the BoS Knowledge Portal.
</p><h1>Paper 3 – Business Mathematics. Logical Reasoning and Statistics</h1>
<p>
 The following topics are deleted from the syllabus of Foundation Paper 3: Business Mathematics, Logical Reasoning and statistics from May 2022 examinations:
</p><table><tr><td colspan="2"><p><strong>Chapter No	Deleted Topics</strong>
</p></td></tr><tr><td><p><strong>Chapter 2</strong>
</p></td><td><p><strong>Unit II : Matrices</strong>
</p></td></tr><tr><td><p><strong>Chapter 13</strong>
</p></td><td><p><strong>Syllogism</strong>
</p></td></tr><tr><td><p><strong>Chapter 19</strong>
</p></td><td><p><strong>Unit II : Time Series</strong>
</p></td></tr></table>


<div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex">
<div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://castudynotes.com/wp-content/uploads/2023/01/CA-Foundation-Amendments-May23-by-ICAI-www-castudynotes-com.pdf" target="_blank" rel="noreferrer noopener">Download CA Foundation May23 Amendmendt PDF</a></div>
</div>


<nav class="jp-relatedposts-i2 wp-block-jetpack-related-posts" data-layout="grid" aria-label="Related Posts"><ul class="jp-related-posts-i2__list" role="list" data-post-count="3"><li id="related-posts-item-69f85d18c4260" class="jp-related-posts-i2__post"><a id="related-posts-item-69f85d18c4260-label" href="https://castudynotes.com/2023/07/11/ca-foundation-applicability-of-standards-guidance-notes-legislative-amendments-etc-for-december-2023/" class="jp-related-posts-i2__post-link" >CA Foundation Applicability of Standards Guidance Notes Legislative Amendments etc for December 2023</a><dl class="jp-related-posts-i2__post-defs"><dt>Date</dt><dd class="jp-related-posts-i2__post-date">July 11, 2023</dd></dl></li><li id="related-posts-item-69f85d18c4280" class="jp-related-posts-i2__post"><a id="related-posts-item-69f85d18c4280-label" href="https://castudynotes.com/2022/07/25/ca-foundation-amendments-applicability-of-standards-guidance-notes-for-november-2022/" class="jp-related-posts-i2__post-link" >CA Foundation Amendments Applicability of Standards/Guidance Notes for November 2022</a><dl class="jp-related-posts-i2__post-defs"><dt>Date</dt><dd class="jp-related-posts-i2__post-date">July 25, 2022</dd></dl></li><li id="related-posts-item-69f85d18c428e" class="jp-related-posts-i2__post"><a id="related-posts-item-69f85d18c428e-label" href="https://castudynotes.com/2023/06/28/ca-final-ca-inter-ca-foundation-november-2023-applicable-study-material/" class="jp-related-posts-i2__post-link" >CA Final , CA Inter &#038; CA Foundation November 2023 Applicable Study Material</a><dl class="jp-related-posts-i2__post-defs"><dt>Date</dt><dd class="jp-related-posts-i2__post-date">June 28, 2023</dd></dl></li></ul></nav>


<figure class="wp-block-table"><table><tbody><tr><td class="has-text-align-center" data-align="center"><strong><em>Share this Post with your friends &; help them to PASS.<br><span style="color:#09b5ff" class="has-inline-color"></span></em></strong></td></tr></tbody></table></figure>



<p class="wp-block-paragraph">Here all materials, PDFs are provided from various available sources, as we never own them, or scan them, we ar just facilitators, so we are not intentionally violating any laws, still if you feel that something should not be on site, you can contact us through email: infocanotes@gmail.com</p>



<h2 class="wp-block-heading" id="join-our-mailing-list"><strong>JOIN OUR MAILING LIST</strong>:</h2>



<p class="has-text-align-justify wp-block-paragraph"><strong>Subscribe to hear from us about new addition to castudynotes.com website and other important stuff.</strong></p>


	<div class="wp-block-jetpack-subscriptions__supports-newline wp-block-jetpack-subscriptions">
		<div class="wp-block-jetpack-subscriptions__container is-not-subscriber">
							<form
					action="https://wordpress.com/email-subscriptions"
					method="post"
					accept-charset="utf-8"
					data-blog="186342324"
					data-post_access_level="everybody"
					data-subscriber_email=""
					id="subscribe-blog"
				>
					<div class="wp-block-jetpack-subscriptions__form-elements">
												<p id="subscribe-email">
							<label
								id="subscribe-field-label"
								for="subscribe-field"
								class="screen-reader-text"
							>
								Email Address							</label>
							<input
									required="required"
									type="email"
									name="email"
									autocomplete="email"
									class="no-border-radius "
									style="font-size: 16px;padding: 15px 23px 15px 23px;border-radius: 0px;border-width: 1px;"
									placeholder="Email Address"
									value=""
									id="subscribe-field"
									title="Please fill in this field."
								/>						</p>
												<p id="subscribe-submit"
													>
							<input type="hidden" name="action" value="subscribe"/>
							<input type="hidden" name="blog_id" value="186342324"/>
							<input type="hidden" name="source" value="https://castudynotes.com/2023/01/19/ca-foundation-may-2023-amendments-applicability-guidance-notes-by-icai/amp/"/>
							<input type="hidden" name="sub-type" value="subscribe-block"/>
							<input type="hidden" name="app_source" value=""/>
							<input type="hidden" name="redirect_fragment" value="subscribe-blog"/>
							<input type="hidden" name="lang" value="en_US"/>
							<input type="hidden" id="_wpnonce" name="_wpnonce" value="93270e1aaf" /><input type="hidden" name="_wp_http_referer" value="/2023/01/19/ca-foundation-may-2023-amendments-applicability-guidance-notes-by-icai/amp/" /><input type="hidden" name="post_id" value="7222"/>							<button type="submit"
																	class="wp-block-button__link no-border-radius"
																									style="font-size: 16px;padding: 15px 23px 15px 23px;margin: 0; margin-left: 10px;border-radius: 0px;border-width: 1px;"
																name="jetpack_subscriptions_widget"
							>
								Subscribe							</button>
						</p>
					</div>
				</form>
								</div>
	</div>
	


<p class="wp-block-paragraph">All PDF which are provided here are for Education purposes only. Please utilize them for building your knowledge. We request you to respect our Hard Work. Our Intention is to provide free Study Materials for all Aspirants and we believe Education Should be free for All, and for the same reason, we gathered everything and assembled at one place.</p>


<ul class="wp-block-latest-posts__list wp-block-latest-posts"><li><a class="wp-block-latest-posts__post-title" href="https://castudynotes.com/2026/05/02/ca-exam-datesheet-and-online-form-filling-dates-for-september-and-november-2026-released/">CA Exam Datesheet and Online Form Filling Dates for September and November 2026 Released</a></li>
<li><a class="wp-block-latest-posts__post-title" href="https://castudynotes.com/2026/05/02/ca-foundation-may-2026-question-papers-in-pdf-at-one-place/">CA Foundation May 2026 Question Papers in PDF AT One Place</a></li>
<li><a class="wp-block-latest-posts__post-title" href="https://castudynotes.com/2026/05/02/ca-inter-exam-may-2026-question-papers-in-pdf-at-one-place/">CA Inter Exam May 2026 Question Papers in PDF AT One Place</a></li>
<li><a class="wp-block-latest-posts__post-title" href="https://castudynotes.com/2026/05/02/ca-final-exam-may-2026-question-papers-in-pdf-at-one-place/">CA Final Exam May 2026 Question Papers in PDF AT One Place</a></li>
<li><a class="wp-block-latest-posts__post-title" href="https://castudynotes.com/2026/04/25/study-material-applicable-for-september-2026-ca-foundation-and-ca-inter-exam/">Study Material Applicable for September 2026 CA foundation and CA Inter Exam</a></li>
</ul>


<figure class="wp-block-table alignleft"><table><tbody><tr><td class="has-text-align-left" data-align="left"><strong>Disclaimer:-</strong><br><br><em>castudynotes.com does not own this Materials, Test Series or anything we share, neither created nor scanned. we just providing the links already available on Internet. and also ;<strong>we doesn&#8217;t Own any trademarks or copyrights of any institute</strong>, Teachers and others which we share are purely for Education purpose only and ;<strong>all copyrights and Trademarks lies with the respective Institutes/Comapanies only</strong>. We don&#8217;t intend to either harm or encash your hard work, if any way you feel that our content violates any Copyrights or any privacy laws or if you have any issue, please let us know at ;<strong>infocanotes@gmail.com</strong> ;and we will definitely try to provide possible solution for the same. Thank you.</em></td></tr></tbody></table></figure>



<p class="wp-block-paragraph"></p>