Will the indexation be provided in question papers to compute capital gains or we have to memorise it for all those years?
Because my friend said last time nov 09 it was not given in IPCC question paper, I too saw that.
14 Replies
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 12 May 2010
Generally , it is provided in the question papers. If not so, you can ask from the examiner, they will provide you.
Also, the last resort but very rare chances to follow if no other option, you can use the Index on the basis of your close assumption and mention the fact of non-availability in a note to the calculation.
CA Mohit kumar jain
(Searching Source of Money)
(149 Points)
Replied 12 May 2010
it is provided in question
but read 3-4 times because if not provided then examiner not tell u
ireddy doddamani balappa ibrah
(Audit Manager)
(31 Points)
Replied 12 May 2010
Usually it is given in the quesation paper >If it is not given in that case you have to assume some figure cost of indexation
Doddamani CA Final
CA Rahul Jain
(CA)
(1162 Points)
Replied 12 May 2010
| Originally posted by : Rahul Gupta | ||
 |
Generally , it is provided in the question papers. If not so, you can ask from the examiner, they will provide you. Also, the last resort but very rare chances to follow if no other option, you can use the Index on the basis of your close assumption and mention the fact of non-availability in a note to the calculation. |
 |
$wap$
(Assistant Auditor)
(189 Points)
Replied 12 May 2010
You can remember the CII for the current year..
Usually CIIs are given in the question paper..
Shibin Raj.T.V.
(CA Final)
(86 Points)
Replied 12 May 2010
Usually it will be given in the question paper.... But for your sake, try to just go through the indexation values. And dont forget to remember the latest indexation value. :)
Vatsalya Bhardwaj
(Final Student)
(427 Points)
Replied 12 May 2010
it wil b given in question paper..dont worry
sandeepverma
(don't make exuse for study)
(304 Points)
Replied 12 May 2010
we are all ready face this kind of problem in pe-2 exam
we suggest you didn't depend on examiner
memories all capital index
u r ten minutes give you total relax
and also its useful for life time u need its many occasion when u come in practice
CA Shiv
(Business Controller)
(2987 Points)
Replied 12 May 2010
It is always provided at the end of question or at the end of the paper...... tht is after all the questions/////
vikash rathi
(Chartered Accountant)
(787 Points)
Replied 12 May 2010
generally it is provided.......but if u have any doubt then look one time to all and remember some important one like for present year ...and some of 90........any way there will be given.....100% sure...
Nitin Grover
(CS)
(1228 Points)
Replied 12 May 2010
Dear Minnal
Yes u r right last time its not given.
So u must be shown it their and in every case relate like it it will also good reflection on examiner
Regards
CS Vijay Daxini
(At Practice)
(732 Points)
Replied 13 May 2010
yes indextation table will be provided if not provided u can ask the examiner for the same however it is advisable to remember some of indextation cost
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