Please Find the summary of mark awarded for Income tax , Service tax and VAT segment
|
Question |
sub question |
Topic |
Mark |
nature |
|
1 |
(a) |
capital Gain |
5 |
Practical |
|
|
(b) |
Chapter VI A deduction |
5 |
Practical |
|
|
( c ) |
Service Tax |
5 |
Practical |
|
|
(d) |
VAT |
5 |
Practical |
|
2 |
(a) (i) |
Business connection |
4 |
Theory |
|
|
(a) (ii) |
Business & Profession |
4 |
Practical |
|
|
(b) |
Service Tax |
4 |
Practical |
|
|
( c ) |
VAT |
4 |
Theory |
|
3 |
(a) |
Business and profession |
8 |
Practical |
|
|
(b) (i) |
Service Tax |
2 |
Theory |
|
|
(b) (ii) |
VAT |
2 |
Theory |
|
|
(c ) |
VAT |
4 |
Theory |
|
4 |
(a) |
set off & carry forward |
8 |
Practical |
|
|
(b) |
Service Tax |
4 |
Theory |
|
|
(c ) |
VAT |
4 |
Theory |
|
5 |
(a) |
capital Gain |
8 |
Practical |
|
|
(b) |
Service Tax |
4 |
Theory |
|
|
( c ) |
VAT |
4 |
Theory |
|
6 |
(a) |
Business & Profession |
8 |
Practical |
|
|
(b) |
Service Tax |
4 |
Practical |
|
|
( c ) |
VAT |
4 |
Theory |
|
7 |
(a) (1) |
Assessment procedure |
4 |
Theory |
|
|
(a) (2) |
Income from other source |
4 |
Theory |
|
|
(a) (3) |
TDS with Business& profession |
4 |
Theory |
|
|
(b) |
Service Tax |
4 |
Theory |
|
|
|
VAT |
4 |
Theory |
Each question was a combination of Income tax, Service tax and VAT. This pattern shows consistently. This indicates, if you have not worked any of these three segment, you cannot able to solve the questions well. Service tax practical questions were comparatively easy. Theory part from VAT dominated well. The paper is not tough, but those who have not given good importance to all these three may feel some difficulties in this paper. If this papers seems to be tough to you, it indicate that you are not done a balanced study.
Please find attached here with the Solutions for income tax problems for your May 11 exam. Effort have been taken to reduce the error, however, it is not an error free. Your suggestion is always welcome.
CAclubindia
