How was the Direct Tax paper Today?

Good one..

Finally ICAI have done some mercy to second group students..

paper was so easy, 2 hrs me hi solve ho gya tha.

SOLUTIONS UPLOADED FOR MAFA MAY 2010

VISIT www.anshulbafna.blogspot.com

Direct Tax paper of Old Syallabus Was "Halwa "

plz upload the new course dt exam paper

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It was so fine that ammendment and practical concept covered  for effective involvement in examination hours.

thanks

Well my dear friends, agreed the paper looked easy and most of the questions were from amendments and case laws. But at the same time, there was tremendous scope for silly mistakes and lack of proper application of our knowledge. Especially in questions like computation of net wealth, Rs.60,000 cash to fisherman (Rule 6DD). Most of them might have just written anything more than 20,000 or 35,000 as the case may be, shall be disallowed. But its not so. There is some specific provison when it comes to fisherman. Rs.15 lakhs warehousing income.....plenty of tricky situations.

If the corrections are like last time, the marks will still be in the range of 30 to 45. Even last times paper we felt we did pretty well. But in the end the result was totally distorted.

I really would not wanna raise my hopes big time, coz the paper seemed easy. We are ultimately at the mercy of the ICAI and valuer.

hi friends 

please visit the excellent blog by anshul

www.anshulbafna.blogspot.com

u will find the may 2010 question papers for both old and new syllabus here 

cheers!!

Originally posted by : Harshmeet
	Old course- decent paper..   The code said it all- WIN..

 YA TRUE THE PAPER WAS FAR EASY AS NEVER  EXPECTED........

HOPE THE BOAT SAILS THS TIME TO THE DESTINATION......................