How was INCOME TAX today

Did anyone get correct answers in PCC for question no's 2, 3, 4, 7 ? please share your answers..!!

what are the ans for q4(A)

Can anyone please upload the IPCE tax paper...

i got the following answers, which i feel are wrong 100% but still wants to know if anyone in the following are correct ?

2. Tax payable - 77,080, HP - 222,401

3.(a) Income from business - 390,000 and tax liablity -135,960

3.(b) Dep claim - 60,000 and chargable cap gain - 2,15,000

4.(a) not sure of any answer

4.(b) LTCG 387,500, STCG (100,000) and other total income 386,000

7. ST payable 1,03,000

pls share your answers... all my above answers are wrong to the best of my knowledge... but pls share your answers...!!

Ques 4 (b)

mera 4(b) gaya....!!

i dont have ms excel can anybody post the ans here???

4(a)

Originally posted by : VUELVE
	mera 4(b) gaya....!!

this is the rite solution...

loss of non-speculation business can be set-off against gain of speculation business...

In quest no- 7

service tax rate....  is it 10.3 or 12.36 

In quest no 2 ...

I made three ... Blunder mistakes... 1) Senior citizen ka rate lagaya.. 2) horse race ko... Busin income mi le liya.. 3) NP from Eq sh.. Business income mai l liya.. .

How much marks should i get..????

Quet no 3(a)

kya karna tha...

3(b) 

122825+200000=322825-322825=0

par maine saath mai.. capital gain bhi nikal diya... 400000-10000=390000

Please some one tell me??????????????

m so tensed........ Paaaaaaaaagal ho raha hu.. ....

Because paper.. aate hue bhi sillllllly  Mistakes ke maine... M so duffer.... i hate ma self...:-(

hey aayush here, it is...

Particulars Amount Amount Income from HP

House 1 36,000.00

House 2 (20,000.00)

House 3 60,000.00

                                                            76,000.00

Income from Business

Textile Business 200,000.00

Automobile (200,000.00) -

Speculation                                   200,000.00

Capital Gains LTCG - Shares - Exempt 10(38)

LTCG - Building 200,000.00

STCL - Building (100,000.00)

                                                        100,000.00

OS: Gift - Friend 60,000.00

Gift -Grand Father's Brother 100,000.00

                                                         160,000.00

                                Total Income 536,000.00

Sorry , this is the correct solution for 4(b). Sec 71 is applicable

alternative ans by  Gunmaster