Cost FM IPCC Nov 2013 Solution

IPCC 10140 views 55 replies

working capital increase is 10000 if we assume provision for tax as current liability...
and current assets is 450000 not 45000..
question paper was really good...

 

Replies (55)

working capital increase is 10000 if we assume provision for tax as current liability...
and current assets is 450000 not 45000..
question paper was really good...

 

Originally posted by : kedar

working capital increase is 10000 if we assume provision for tax as current liability...
and current assets is 450000 not 45000..
question paper was really good...

 

yea thats what I assumed prov for tax as current liab and do we have to reduce setup hours from working hours to arrive at productive hrs?

 


 

Yes you have to deduct maintenance and set up hours in order to arrive at actual productive working hours
Need accounts solution also
Need accounts solution also
Originally posted by : Aditya vaghela

Q.no 4b working capital increased is 30000

 


yes WC INCREASED BY 30,000

and yes CA was 450000 was a typing error sorry

Originally posted by : kedar

working capital increase is 10000 if we assume provision for tax as current liability...
and current assets is 450000 not 45000..
question paper was really good...

 


yes CA was Rs. 4,50,000 was a typing error sorry

Originally posted by : VIMALA

Dear Ankush

Kindly send the link for taxation pm applies for nov 2013 examination

please refer to INCOME-TAX - VOLUME - I
https://www.icai.org/post.html?post_id=9882

Please refer to SERVICE TAX AND VAT study material

https://www.icai.org/post.html?post_id=6083

for exam..

check page 24 chapter 1 of income tax study material

Originally posted by : shruti
yes ankush plzz send d link..... n thnq u for suggestion......

 

please refer to INCOME-TAX - VOLUME - II
https://www.icai.org/post.html?post_id=9882

Please refer to SERVICE TAX AND VAT - PRACTICE MANUAL

https://www.icai.org/post.html?post_id=6083

 

Distance will be 18000 km as it was Round way
Originally posted by : Kunal Chheda
Distance will be 18000 km as it was Round way


i have found the exact solution in book with solution

same question as (CA inter old course)

same question in kalra sir book 36000km p.a

@ ankush sharma  thanks for u r information on variance problem. i Got the same answer.. and for LEV10000,  LRV 14000, LCV 4000

Originally posted by : sukanya

@ ankush sharma  thanks for u r information on variance problem. i Got the same answer.. and for LEV10000,  LRV 14000, LCV 4000


Correct answers and thanks

 

ol these ans. r correct?????? n this link has error..... page not found..... @ ankush...!!!!
Originally posted by : shruti
ol these ans. r correct?????? n this link has error..... page not found..... @ ankush...!!!!


yes i am not uploading any false solution

i have post the exact anwers, have also given details of solution from where i m uploading

i hv found the correct and verified solution

dont worry

 

I have checked the link its working but if not on your side

please follow these steps

visit ICAI.org

student section>>BOS knowledge portal>>Study material>>ipcc course>>group taxation>>

click on APPLICABLE FOR NOVEMBER  2013>>PART 1 INCOME TAX >>VOLUME II

PART II ST AND VAT PRACTICE MANUAL

DONT CLICK ON PART 1 ...PART  IS STUDY MATERIAL AND PART II IS PM


CCI Pro

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