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Taxation,costing fm doubt

Advait D (Student Others) (24 Points)

25 April 2015

hello,

i will be appearing in may 2015 for group 1 of ipcc.with just 8 days left i have studied for Accounts and Law well and hope to get exemptions in those subjects.However,Taxation and Costing FM have been practically untouched.Can I just appear for the tax and costing fm exams and not write anything?will i be eligible for exemptions in law and accounts even if i get zero in costing fm and taxation?

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4 Replies

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 25 April 2015

yes you wil b eligible, you only need to appear in the exams of all paper of the group in one attempt to get the exemption...

Rahul Rastogi (Student CA IPC / IPCC) (38 Points)
Replied 02 May 2015

I think you should write down answers with limited knowledge you have.. leaving blank sheets is anot a good option

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reshma (student) (21 Points)
Replied 14 June 2016

My faculty told that NPV is the best method to make investment decision...but how can we make a decision by comparing NPV when d initial investment of 2projects are different..
for eg;initial investment of plan A is $10000 & of plan B is $100000..PV of cash inflow for A & B are $100000 & $191000
Thus NPV of plan A&B are $90000 & 91000.
Whereas PI of A&B will be 10 & 1.91..
In this case, as an investor i would opt for plan A which gives me 10times of d amount invested..
Isnt that logical to say PI is better criterion than NPV in decision making?

Hiren Shah (1 Points)
Replied 15 June 2016

arriving at best option using NPV is always best method.. only time normal NPV should not be used is when different projects have different life... in such case u should first annualise it.. n then take decision...