IPCC Taxation Nov 2013 Download and Discussion Share your thoughts

Page no : 2

sudipbose (ipce) (42 Points)
Replied 12 November 2013

but not given total bs figure ...q2b

Upgrade to CAclubindia Pro. Subscribe Now!

suman (student) (105 Points)
Replied 12 November 2013

I don't think we have to mention in the notes , it's their fault and we took the right rate

suman (student) (105 Points)
Replied 12 November 2013

And btw , Your costing answers for standard costing , was it right ?

Ankush sharma (Auditor Article Assistant) (816 Points)
Replied 12 November 2013

Originally posted by : sudipbose
	i n cost and fm ratio ... how the total balance sheet

ADD SC+RES+BANK OD+CL

cl 300000 thi incl bank od 100000

sc given thi 575000

and reserve 260000

i guess total was 1135000

1 Like

sudipbose (ipce) (42 Points)
Replied 12 November 2013

reserve to 4 times bank tha na bank to odd figure me ayega

Upgrade to CAclubindia Pro. Subscribe Now!

Ankush sharma (Auditor Article Assistant) (816 Points)
Replied 12 November 2013

Originally posted by : suman
	And btw , Your costing answers for standard costing , was it right ?

Actually it also happened before some printing mistakes

nd there was cases where students were not awarded in marks

because sum of them left the question or sum attempted that in incorrect way

be care full we need to cover all the aspects with notes

if you remember in accnts grp1 npo question year was mentioned incorrectly

i was the victim i followed wrong way nd guess what i was not ging any mark for that

i asked parveen sharma sir, he said u need to do it correctly with your notes attach to it

and yes answers were correct i compared it with caclubindia and sum more

Ankush sharma (Auditor Article Assistant) (816 Points)
Replied 12 November 2013

Originally posted by : sudipbose
	reserve to 4 times bank tha na bank to odd figure me ayega

set off kar sakte hain bank credit nd bank +cash

but odd nhi ayega 650000*4=260000

suman (student) (105 Points)
Replied 12 November 2013

You followed wrong in the sense ? Now see I did it at 12.36 % because that is the tax rate. They cant give a wrong one and expect us to follow it right ?

sudipbose (ipce) (42 Points)
Replied 12 November 2013

lastly debtor kitna aya tha

Ankush sharma (Auditor Article Assistant) (816 Points)
Replied 12 November 2013

Originally posted by : suman
	You followed wrong in the sense ? Now see I did it at 12.36 % because that is the tax rate. They cant give a wrong one and expect us to follow it right ?

no no no

you followed correctly

im saying that do answer correclty

nd give note that question has a mistake

also you can give both answers both are same

Upgrade to CAclubindia Pro. Subscribe Now!

Ankush sharma (Auditor Article Assistant) (816 Points)
Replied 12 November 2013

Originally posted by : sudipbose
	lastly debtor kitna aya tha

1,75,000

1 Like

shruti (ipcc) (110 Points)
Replied 12 November 2013

heyy guyss take chill its not only mattr of ans. but of presentation too...... sabka acha hoga.... nevr go negative.....n tax paper was gud....!!!! finally 1st grup cmplt... nw 2nd grup..... ol d vei bsttt..... to ol.... :-)

1 Like

Prashant (student) (26 Points)
Replied 12 November 2013

Accounts solution net par hai. Guru kripa par

Vishesh (Student) (28 Points)
Replied 12 November 2013

Guys why ask for Solutions...Especially those who are left with Group 2 ....Don't pressurize urself..if ur Answers are wrong that will affect ur Next paper...so Just chill...Give ur Best...Rest leave on Luck and Efforts..!! Simple..!

Upgrade to CAclubindia Pro. Subscribe Now!

Tushar Thakar (student) (57 Points)
Replied 12 November 2013

Guys i have not pointed out that mistake of 1%. But maine 12.36% lene k baad cancel kiya hai to write 12.24% toh full marks for that sum is possible or not? Please reply.