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How was todays Tax paper IPC students.

Gopal (Student) (42 Points)

09 May 2016

Tax paper easy or hard.

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6 Replies

Harshit Jain (16 Points)
Replied 09 May 2016

Confusion regarding service tax rate 14% or 14.5% in paper one place it is given 14.5%

3 Like

Raghu veer teja (Audit associate at Deloitte Haskins & Se) (669 Points)
Replied 09 May 2016

Even i had the same doubt. I have stuck myself to 14.5% for entire paper. Rest of the paper is very friendly

1 Like

Anup Soni (27 Points)
Replied 09 May 2016

there were no questions from salary hp and capital gains....strange
avg paper overall

3 Like

miss.sudoku (group 1) (42 Points)
Replied 10 May 2016

I messed up a lot I think. Seems like it's just me who found it tough :( Toughest so far. Or maybe I didn't put enough efforts even though this was the subject I devoted maximum time to.

INDUJA R (Student CA IPC / IPCC) (28 Points)
Replied 10 May 2016

I think in 14.5%, 0.5% is extra collection which he has to remit first and adjust in subsequent months. The whole question is about valuation rite? This could be one way of answer.