My answer on IDT(old) May 2010

Final 2577 views 68 replies

I think very few people are interested in giving their view............so less number of final students???????

Thanks alot shashank for your guidance. Thanks a ton. keep up the good work.

welcome Mayur. I think this platfor gives us oppurtunity to discuss all the issues related to CA. So see by posting my answer now i can judge my marks on base of different views. Thank you all for ur valuable contribution.

batteries are not covered input .. its a part my friend.. and electric lamps are capital goods eligible for 50%

Originally posted by : KUSHAL AGRAWAL

batteries are not covered input .. its a part my friend.. and electric lamps are capital goods eligible for 50%

 I wrote batteries are covered under capital goods. - 50% available

electric lamps as an input which is used as electricity in the factory. -100%

 

 question no 2(c) 1st 3 are inputs and last one is capital good.

In case of  Q 2(c), i think electric lamps will be capital good and credit of only upto 50% will be allowed in 1st year. It is not used in manufacture but it is used in relation to manufacture....

Q. 1a(i) not a good answer  Refer sec 4(3)(a)

Q.2(b) I think sample are  valued on greatest quantity  such as 50*190

Q2(c) 100% credit available except 50% on electric Lamp

Q3(c) not a correct answer

Q4(c) Recent amendment in this case you refer valuation of custom . you must get get answer

Q5(c) not correct answer. Officer has discrectionery power to gran option.

I got 62 in this paper


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