I am attaching solution to MAY 12 TAX paper.It contains solutions to both theoritical as well as practical questions...
If u dont get ur ans right ,dont lose ur sleep as there is step marking in exams...ENjy as exams are over..God bless.
THANK U SIR
please sir also upload the pcc tax solutions,...........
Dear sir...,
Please upload ipcc costing & fm urgently ....
but VAT is inflationary???
dear sir.....,
i have given a assumption that foriegn tour is fr personal purpose is it alright......question 1a
In exams we take a positive assumption rather than a negative assumption unless facts state otherwise.
Therefore it is better to state that tour if for official purpose.
In the earlier query of another student : In VAT cascading effect is not present hence VAT helps to reduce the prices in general...But prices increase due to other facts & not due to VAT
God bless.
CAclubindia
