Version:           4.3.2 (using KDE 1.2) 
OS:                Linux

This bug is both in kmail and korganizer, and is probably in the common code that handle VCS/ICS parsing.

I am working on a server which default timezone is UTC.
However, being in new york, I set TZ=America/New_York before starting KDE. (running using exceed, over a SSH X tunnel done by putty).

The problem is that when I export a meeting invitation from kmail, the begin and end time are displayed in the html looking displaying panel in UTC. They are also placed in my calendar at the UTC time location. However, if I double click on the even in the calendar, I get the start date and end date correct.

For instance, If I have a meeting from 4pm to 5:30pm EST, it will first display in Kmail being a 8:00pm to 9:30pm meeting (in the message viewing display), even if the actual invitation is correct:
DTSTART;TZID="(UTC-05:00) Eastern Time (US & Canada)":20111005T160000
DTEND;TZID="(UTC-05:00) Eastern Time (US & Canada)":20111005T173000

Then it get placed at the 8:00 to 9:30pm slot in the calendar, and says 08:00pm - 09:30 pm both on the calendar, and on the html looking display of the meeting.

But if I double click on the event, the Edit Event dialog pops up, and surprise, the Start and End time are now 04:00pm and 05:30pm

Reproducible: Always

Steps to Reproduce:
Setup the machine with UTC default system timezone, set TZ=America/New_York, and accept a meeting with times specified with 04:00pm EST.

Actual Results:  
The meeting is displayed in kmail, and in korganizer calendar at 8:00pm (but at 4:00 in the edit event dialog)

Expected Results:  
It should be displayed at 4:00pm in kmail, and everywhere in korganizer.