Purchase from uro

answered on 15-Jul-22 20:55

If we purchase from an urp inter-state then what is the procedure to submit the tax on behalf of urp from our side like from rcm or..

latest answer

Pls re explain your question. We are not able to understand... This is something related to foundation or any other?????

Sunil Agarwal

CA Foundation

★ 0

1

318

Deferred Tax

answered on 14-Jul-22 06:34

Can anyone tells us, while computing Deferred Tax, should we consider temporary defference in Depreciation Value or WDV of the Asset?

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AS22 - Income approach - difference in depreciation Ind As 12 - Balance sheet approach - difference in WDV

Mahantesh Biradar

CA Final

★ 92K+

1

286

AS 3 CFS

answered on 08-Jul-22 06:49

Is there any Transitional Provision for AS3. I couldn't find anything in AS document provided by MCA. Exactly where it is mentioned(if any notification Please state notification No)

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Its a presentation standard and doesnâ??t impact income/expense or assets/liabilities. So no transitional provisions

Naveen kumar

CA Inter

★ 0

1

320

Monetary or non monetary

answered on 07-Jul-22 17:22

How inventories are non - monetary item?

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company's property, plant, equipment, and inventory

Geeta B

CA Inter

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5

377

Depreciation

answered on 06-Jul-22 20:39

Is the lapse of time or effluxtion of time is an external cause of depreciation or not

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Hope you understood

Subramanyam N

CA Inter

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3

351

Liquidation of accounts

answered on 11-Jul-22 19:11

Can anyone please explain it....why total tax amount i.e, 26000 treated as preferential payment...i mean tax amount within 12months treated as preferential creditor right...here they taken 2 year's tax

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If you see the question, assessment was completed in July X3.

Sai Prasanna Ch

CA Inter

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9

371

Liquidation of companies

answered on 07-Jul-22 18:42

Can anyone please tell me is this correct method or not?

latest answer

Both methods are fine.

Sai Prasanna Ch

CA Inter

★ 20K+

22

348

Depreciation

answered on 07-Jul-22 17:00

What is the answer for 17 question

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Answer

Subramanyam N

CA Inter

★ 6K+

3

328

Depreciation

answered on 21-Jul-22 20:26

How the answer is (a) I think the answer is (d)

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D

Subramanyam N

CA Inter

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5

302

Depreciation

answered on 05-Jul-22 15:16

How the answer is 12,000

latest answer

Depreciation = Original cost - salvage value/total production x 2nd year production = 1,26,000 - 6,000/50000 x 5,000 = RS12,000

Subramanyam N

CA Inter

★ 6K+

3

381