cn we have the today's tax paper in files section
prateek
(CA Final)
(355 Points)
Replied 10 June 2009
cn we have the today's tax paper in files section
CA Asmita Waghmare
(Chartered Accountant and works a Equity Research Analyst)
(107 Points)
Replied 10 June 2009
safety salary nahi hai woh, dat must be staff salary!
capital gain problem seemed confusing! 50,00,000 cost and 35,00,000 sale?????
Ramya
(Internal Audit)
(59 Points)
Replied 10 June 2009
yeah.... even i think it must be staff salary........... never heard of this term before....
priyanka narale
(PCC student)
(407 Points)
Replied 10 June 2009
it is safet salary, its not mistake........... i have read it in some past exam paper............... m sure its safety salary.
deepti
(article)
(60 Points)
Replied 10 June 2009
was there any trick in Q 7b service tax?? it looked tooo simple to be true....
CA Nitin Wadhwani
(Chartered Accountant)
(4469 Points)
Replied 10 June 2009
Safety salary is an allowable deduction.
Rohit singh
(article)
(33 Points)
Replied 10 June 2009
well paper was kinda mix some questions were vey easy and some were a bit tricky.there was also some mistake if im not in wrong in that cap gains question.man i think ill clear ist grp i hope i get 40 in this paper then ill clear both
CA Aspirant!
(CA Fresher)
(112 Points)
Replied 10 June 2009
d paper was good.....some of the theory ws unexpectd though....dat regular assessmnt nd all...
dint knw safety salary was to be disallowed :( dat quesn we had2 do lotsss naa...
vat and service tax were okay ...
anu s
(student)
(39 Points)
Replied 10 June 2009
Service Tax & Vat was good. Overall an unexpected paper bcoz of inclusion of Relief , Questions based on Section 143.
CA Aspirant!
(CA Fresher)
(112 Points)
Replied 10 June 2009
| Originally posted by :Rahul Arora | ||
| " | overall gud paper as compare to cost & FM. hey but what abt question 3 , the capital gain one.....?? wasn't there printing mistake. it would have been 5,00,000 instead of 50,00,000 - COA | " |
yes...think its their mistake....coz nobody would sell a property they bought years back at a rate much lower than purchase price, right.....they would hav meant 5,00,000....
anyways i hav taken values as per they gave....so there was a capital loss nd so exemptions of sec 54 nd 54EC need not be claimed....i jus jotted down dat....
CA Aspirant!
(CA Fresher)
(112 Points)
Replied 10 June 2009
overall i would say, it was far more better than costing - fm !!!
Aditya Jain
(Final (New) November 2011)
(763 Points)
Replied 10 June 2009
At the beggining when i saw the paper , i was like sure failed . but then decided to keep my cool and take 1 question at a time .. hopefully will get about 45 but no use .. Costing expectin 35 .. Even if they pull me to 40 i should get 60 in Info tech to pass cuz group 1 was jus fine .. wont get more than 150 there ...
CA Aspirant!
(CA Fresher)
(112 Points)
Replied 10 June 2009
| Originally posted by :deepti | ||
| " | was there any trick in Q 7b service tax?? it looked tooo simple to be true.... | " |
yup me too thought the same....but they hav given naa, dat money ws received in all cases...so no special adjustmnts i hope....jus to see the value of service tax....
CAclubindia
