HOW was TAXATION of PCC\IPCC?

Page no : 3

Girish Mathuria (STUDENt) (138 Points)
Replied 14 November 2009

yaaaaaa dhruv u r correct........... n if u done it then u will get 10% marks

Deepak (STUDENT ) (59 Points)
Replied 14 November 2009

Quite okay ! Q. 1 was you know jara hat ke from earlier attempts and rest were easy questions , Service Tax and VAT was also good.

Prashant Bothra (Business Man) (31 Points)
Replied 14 November 2009

seems that the ipcc paper was really ez.. but that was not the case wid pcc.. weird questions from TDS and service tax! sumthin u wud jus not expect. the stress was not even on the 5 heads of income.

CA LOVELY ARORA (C.A. B.Com (H) Graduate) (2151 Points)
Replied 14 November 2009

yes.. paper was easy (specially income tax part).........

kbckbcd (CA Practice ) (22 Points)
Replied 14 November 2009

VERY VERY EASY NOTHING TO WORRY

ROsh@N (Future chartered accountant) (84 Points)
Replied 14 November 2009

paper was easy.....xpect for some tds adjustments the overall pattern was perfect and very much scoring as well!!!....

Surendra Agarwal (MANAGER FINANCE AND BUSINESS PLANNIN) (289 Points)
Replied 14 November 2009

tough one paper

Harsimran Singh (article) (29 Points)
Replied 14 November 2009

It was not easy as you think. There some adjustment which were tricky.....

Dhruv (Chartered Accountant) (308 Points)
Replied 14 November 2009

PCC paper was WEIRD ...nothing ..absolutely NOTHING from salaries...no perks..no nothing. And SO much weightage to TDS , question 1 was kind of expected, they've been increasingly stressing on amendments recently.

Rest I guess , a lot of questions were things which you just tend to ignore or not think about. Any idea when the institute comes out with suggested answers ?

jayaram naidu (Asst. Finance manager) (231 Points)
Replied 14 November 2009

verry easy.... VAT is verry easy my self and my friends did't expect that the paper was that much easy..befour exam i afried about paper.... now i am soo happy.

jayaram naidu (Asst. Finance manager) (231 Points)
Replied 14 November 2009

oohhh!!! i am soo happy today paper was verry much easy..VAT verry easy....

CA Harish Suwalka (Chartered Accountant ( Bhilwara )) (4125 Points)
Replied 14 November 2009

Originally posted by :GIRISH
"	yaaaaaa dhruv u r correct........... n if u done it then u will get 10% marks	"

hahahhahahahahhahahahh

Shashi Bhushan (Learner, Jalandhar) (996 Points)
Replied 14 November 2009

Dhruv is correct in saying that rent is not deductable on service tax. to know about this you can find the related fourm. for rest of the part if he is wrong then Girish and Harish! please provide the correct solution.

Shashi Bhushan (Learner, Jalandhar) (996 Points)
Replied 14 November 2009

Dhruv is correct in saying that rent is not deductable on service tax as per recent circular. to know about this you can find the related fourm. And for rest of the part if Dhruv is not right then Girish and Harish! please provide the correct solution.

(Guest)

Originally posted by :Shashi Bhushan
"	what was treatment of 3(b) question on TDS for 8 marks(PCC paper)? tds of 10 % to be deducted from 100000 or 110300?	"

I think you are asking for Rent expenses. Actually all TDS deduction is on inclusive amount of service tax. But in case of rent it is not. I read one circular by CBDT where they specifically mention. I don't have source now. But i am sure TDS should be deducted on rental amount only. That is Rs.10,00,000