CA IPCC/PCC Discuss and download Nov exam !!

Page no : 3

vishalakshi (df) (33 Points)
Replied 07 November 2011

very lenghty papers of accounts and law and costing fm was a hard paper

jackie (student) (33 Points)
Replied 08 November 2011

guyz leaving CA course...had wasted very precious 3 years and 8 months of my life for it,,,on 07/07/07 i was a pcc student,,and on 11/11/11 i am still a pcc student...i think i am not capable of this course..ya completed my articleship of 3 and half years with full dedication...itz a course for those who are mentally prepared about it well in advance..this is a course you cannot complete or one should not take when there is immense family pressure,,.you are bound to loose....I remember a line from the movie "JJWS"(kabhie kabhie apnon ki umeedein insaan ko nervous kar deti hai)

Itz not that i cannot complete this course,,but seriously i do not have that much tym..after so many failures..this is my last attempt and my papers have not been really good...i have just decided to go on with my CS carrier...i have my final in next june...I have seen lot of failure and itz bad effect on my carrier while pursuing CA,,,ofcourse,,,loss off support and confidence from family, friends n relatives...people are with you when you are rising...no one holds your hand when you are loosing!!

but i am sure of rising one day....And that rise will be the fall of all my competitors...thats a promise!!

jackie (student) (33 Points)
Replied 08 November 2011

Zindagi ki asli udaan abhi baaki hai,

Zindagi ke kayi imtihaan abhi baaki hai.

Abhi to napi hai muthi bhar zameen humne,

Aage abhi saara aasmaan baaki hai.!

ALL THE BEST TO EVERYONE FOR THERE PAPERS!!!!!

1 Like

Atul Mittal (Job) (527 Points)
Replied 08 November 2011

Plz find suggested answers of PCC Accounts Paper Nov 2011

Attached File : 193792 863904 pcc account nov 2011 suggested answer .pdf downloaded: 213 times

Atul Mittal (Job) (527 Points)
Replied 08 November 2011

Plz find suggested answers of PCC Accounts Paper Nov 2011

Attached File : 193792 863905 pcc account nov 2011 suggested answer .pdf downloaded: 173 times

Atul Mittal (Job) (527 Points)
Replied 08 November 2011

Plz find link of suggested answers of PCC Accounts Paper Nov 2011

https://www.4shared.com/document/U4zcLU6B/PCC-Account-Nov_2011_Suggested.html

Md Aiyaz Khan (Manager cum owner) (21 Points)
Replied 09 November 2011

where is taxation paper???

Pankaj Saraogi (Faculty - Tax Laws) (611 Points)
Replied 09 November 2011

IPCC NOVEMBER 2011 TAXATION PAPER

ANSWERS TO NUMERICAL QUESTIONS

Income-tax portion

Q. No.		Answer
1(a)	(i)	4,90,000
	(ii)	3,84,000
1(b)		Madan – TI – 3,80,500, Tax – 19,620; Hema – TI – 1,75,000, Tax – Nil
2(a)		10,17,000
3(a)		LTCG AY 2011-12 – 33,75,986.50, Tax consequences AY 2012-13 – STCG 40,00,000
4(a)	(i)	Not allowed
	(ii)	Depreciation @ 25% on 20,00,000 for full year
	(iii)	Allowed 8,00,000 x 200%
	(iv)	Allowed bad debts of5,00,000
	(v)	Not allowed
	(vi)	Not allowed
	(vii)	Not allowed as PGBP expense, but shall be allowed as deduction u/s 80GGB
	(viii)	Taxable
5(a)		Total Income – 2,90,000
6(a)	(i)	RNOR
	(ii)	2,50,000
7(a)	(i)	Hotel, Hospital, Cold chain, warehousing, pipeline
	(ii)	(a) 4,200 (b) No TDS
	(iii)	(a) Disagree (b) Disagree

VAT & ST portion

Q. No.		Answer
1(c)		15,14,053
1(d)		1,50,000
3(b)		1,44,742
4(c)	(i)	True
	(ii)	False
	(iii)	False
	(iv)	False
5(c)		5,38,000
7(b)		56,21,034
7(c)		GPV – 12,000, CV – 2,000

Detalied solutions to numerical questions will be posted asap on www.saraogi.co.in

Sathish kumar R (Student) (197 Points)
Replied 09 November 2011

Admin please upload PCC Taxation paper

Mohit K (Student of CA Final) (89 Points)
Replied 10 November 2011

@ Jackie -

I can understand ur feelings dude! I m too on the same road. I will advice you not too quit. Just have patience because we are getting tested for that rather than out studies skills and competency.

Krishnasai (Articles) (55 Points)
Replied 10 November 2011

Accounts papers was easy but i found it difficult to calculate the sales ration in the pre-post incorporation problem. It was a bit tricky. My personal opinion.