Advice plz............?

Final 464 views 2 replies

ekta

student

623 Points Joined February 2011

In sfm aaditya jain sir has given taken two alternatives for all assumptions in question....first alternative can be taken in exam,for this alternative marks won't be deducted in exam as per sir...and for second alternative,this alternative is preferred by c.a institute...so please tell me in some questions I like first alternative and in some questions I like second alternative....if I don't take institute prefereence then marks will be deducted and for all assumptions taken in first and second alternative,note is to be given in exam that we have taken this assumption? And. Also tell me upto how much decimal places we have to take in solution in sfm and can we do round off?

Replies (2)

V Vara Prasad

Chartered Accountant

212 Points Joined March 2009

No roundoff

U have to take two decimals and it may be more in some cases

CS Alok Mishra

Income Tax Practitioner

791 Points Joined February 2011

You have to take assumptions as per ICAI and not by any faculty. If u get time then u can show it as alternative solution and it will create a good impression on examiner.

Decimal places depends upon the topic and nature of answer u are deriving. For full safety 4 decimals should be taken but at many places 2 are enough.