Today lots of students went in smiling, came out smiling. Some were shouting "Paplu paper", damn easy and stuf..
Exam went good for me. During the 15 min reading time, my feet went numb reading the question paper. I thought,"Third paper in a row! I am finished!" I started the question serially from first, and thank God , the paper went quite well. Attempted 100marks for the first time;though i am sure some marks are liable to be deducted in some of them(=i did that just for writing sake).
1c. The question was of As22. Answered theoritically, this is DTA,DTL,timing difference. Just didn't calculate the final amount to be taked to FS as DTA or DTL.
2d. Had read the question somewhere; couldn't remember ICAI's answer exactly. Result= i thought that offering to file income tax returns for free is not a coercive means(to coerce=to threaten,duress etc) to get a loan.I think marks gonna go here.
7d. Question of CAG.
Also, had read it somewhere. Forgot, as usual.
All in all, went quite well. Hope u had a rocking time.
Beware; Easy paper=strict checking
aaal is well
CAclubindia
