Direct tax paper may 2017

Page no : 2

surabhi (ARTICLED STUDENT) (171 Points)
Replied 15 May 2017

who l even imagine dat 10marks wl cm frm set off cf

3 Like

Rahul (CA Final) (399 Points)
Replied 15 May 2017

Will fail again due to aggregate inspite of exemption in idt

surabhi (ARTICLED STUDENT) (171 Points)
Replied 15 May 2017

kitna bhi likhe bhagwaan to valuator hai .... uske haath me hai sab ... hope fr d bst

Parth Shah (Article) (2 Points)
Replied 15 May 2017

Around 75 to 85 marks from PM

Chitransh gupta (Student) (87 Points)
Replied 15 May 2017

Lengthy tha formate bhi bhi shahi nhi bana

1 Like

CHIRAG (-) (142 Points)
Replied 15 May 2017

slump sale part B ?

CA Syed Parvez Ali (None) (458 Points)
Replied 15 May 2017

Slump sale me Book Value par calculate krte haina ??? To Book value - proportional revaluation reserve minus karenge na ?? ya WDV lenge ?? Please clarify ? 10 marks @ stake.

surabhi (ARTICLED STUDENT) (171 Points)
Replied 15 May 2017

ntg complecated depreciable assets alone wdv rest all bookvalue .... 200 is ans

CA Syed Parvez Ali (None) (458 Points)
Replied 15 May 2017

are you 101% sure or 100 % ?

CA Uday Kiran (Chartered Accountant) (653 Points)
Replied 15 May 2017

Those who have done well, dont get relaxed, put all your efforts for one last time.....and those who doesn't, please dont loose hope, you should be trying for exemption, coz IDT is one of the fav paper for examiners, 25-35% of the students get exemption in IDT. The number suggests its significance.....so start focussing on it...all the best guys

2 Like

Abhishek Goel (C.A. Final Student) (193 Points)
Replied 15 May 2017

Surprisingly even May 2016 had the same combination of MAT + slump sale in Q1.
MAT even looked the same.

2 Like

Rahul (CA Final) (399 Points)
Replied 15 May 2017

My 10 marks question got wrong inspite of doing everything right in slump sale i calculated tax @ 30%...how much marks will be deducted for that?

Sureshh Choudharyy (Student CA CPT ) (22 Points)
Replied 15 May 2017

200 lakhs is the amount of capital gain

Anup Koshy (CA Finalist) (104 Points)
Replied 15 May 2017

the only part hard was time management..paper was quite solvable..nothing tricky or out of box question were asked..still if u r unable to be in tym..u will loose marks