P.N.Prasanna venkatesh (Senior Financial Analyst) (134 Points)
07 August 2010Hi guys...
I have got 40 in costing 59 in info & 35 in taxation...Pls temme hw to prepare & present taxation paper...In my 1st attempt i got 44 in second got 39 & nw 35 :( am strong at the concepts but my presentation is not worthy to fetch 50 marks i feel...pls guide me as hw to present tax paper...Also i have applied for revaluation in all 3 subjects expecting that i wil get an exemption in info...Do i have any chances to get exemption?
jaskaran singh
(CA Final)
(72 Points)
Replied 07 August 2010
see brother in TAX
1 Make working notes for ur calculations .
2 write neatly ur assumptions by marking proper footnotes or marks
3 when u calculate some figure, say capital gains, write for eg a)it is computed under 48 or 50(1) or 2
b)IF there is some point of transfer expenses then write it (see here ur concept would be clear that whether exp. is allowed or not . but write for eg shares are sold on RSE .write STT is not allowed as deduction.
4)wite that law or section which u apply orally by footnote CHECKER CANT READ UR MIND.
5)DONT IGNORE THEORY. infact do theory first .(I did) in paper.
This were some pts which i followed and got 60 marks.
Rest experts will tell u better.
And for revaluation i don't think it will work out ITS CA not B.Com.bro but do let me know if u got lucky.
P.N.Prasanna venkatesh
(Senior Financial Analyst)
(134 Points)
Replied 08 August 2010
Thanku for ur valuable sugestions bro...surely i ll take ur valuable tips...But i have got 59 in info tech...So whether there s a chance of getting exemption on applying for revaluation?
CAclubindia
