Typo error in CA Final FR exam paper effect

Give exact error line. State what was given and what should have been there as per your view

Read question 4.a . Point is, on a plain reading, the holding company and subsidiary company exchange shares to ensure profitable basis for the purchase of raw materials from a thrid party. is it correct ?

i was also confused with that question

Yes actully it is missing that subsidiary company MAS Ltd purchases shares in DSS Ltd. It is given that each company will acquire shares in each other but 2 of them are already holding subsidiary companies. The sentence should have been like this "PIR & MASS agrees between themselves to each (means pir and mass both) acquire shares in DSS ltd. The word DSS ltd is not printed. Acquire in which company is not stated. Students may calculated quarter of all 3 companies. But actully only DSS ltd shares are to be purchased by both the companies at their own intrinsic value. That's what I think. It may be wrong. Anyway don't take tension. Even if its a printing mistake ICAI will not award marks, they can say students are free to make any assumptions.

This is RTP 2013 Question

Refer November 2013 rtp, question no. 16(b)- valuation of shares questions, page no. 20..

Error is instead of mentioning acquisition of shares btw PIR Ltd and DSS Ltd, question had wrongly mentioned acquisition btw PIR Ltd and MAS Ltd which us wrong...

yes..yes it was error..correct is pir and dss acquire share of each other..

It is valuation of Shares ka sum

hope u all r right with pir and dss . however u need to consider that pir has investment in mas so IV of mas is also to be calculated. my q is should it be cum dividend or ex dividend

Nothing was mentioned. So I pressume it is ex dividend

Can anyone tel me Wat are the benefits to students by such an error ?

 

karan batra..i the exact sum

yes..invest of pir 80000k shares in mas ltd to be calculates at mas ltd market value that ..that was main catch of sum..i knw coz i have done that sum many times