Forums
Itc
Direct Taxation
asked 49 mins ago
In thi que total itc as per calculation 2,65,000. In computation of net gst payable itc cgst and sgst 1,12,500 how ?
latest answer
No answers yet!!
Maasritha Reddy Billuri
CA Inter
β 7K+
0
6
Special category states
Indirect Taxation
answered 1 hr ago
What are the special category states ?
latest answer
Special category states are Manipur Mizoram Tripura Nagaland uttrakhand Sikkim telangana Arunachal Pradesh Meghalaya Puducherry. E - invoice limit is 10 crores upto 10 crores no e - invoicing required greater than 10 crores e - invoice compulsory required for B2B supplies.
Nayani Agarwal
CA Inter
β 1K+
2
55
Investments
Accountancy
answered 2 hrs ago
I didnt understand anything Can any one explain this .
latest answer
Since the share price reduces upon issue of rights to offset it to the extent of cost of investment it is applied to reduce cost and balance charged to p&l This is because while you bought investment you paid for the investment and right to buy additions( rights and bonus) and since the rights are sold and market price has reduced you are offsetting ur cost of investment to cost without right ( ex right cost) So for second question 10,000 should be credited to cost of investment and 2000 to p&l
V S R Krishna
CA Inter
β 795
1
37
How to solve AS based question
Accountancy
answered 5 hrs ago
How to solve AS based question ?should I learn it line to line?
latest answer
Same doubt here I always lose marks in AS questions only Idk why it's such a hard for me to understand the intention of the questionπ Let's wait for faculty's answer
Atharv Sankliya
CA Inter
β 3K+
1
54
How to solve AS based question
Accountancy
asked 5 hrs ago
How to solve AS based question ?should I learn it line to line?
latest answer
No answers yet!!
Atharv Sankliya
CA Inter
β 3K+
0
12
Branch accounts (debtors method)
Accountancy
asked 6 hrs ago
In branch account that head office (HO)creates, we show liabilities given to branches on CR.side. the ques is why does HO gives its liabilities to the branch? why would branch be interested in taking HO's liabilities, if they are taking HO's assets that makes sense that they need it to operate, but why would they take liabilities and pay them off on behalf of HO?
latest answer
No answers yet!!
Garima Bhargav
CA Inter
β 185
0
12
AS 1
Accountancy
answered 6 hrs ago
Can someone explain this in simpler terms?
latest answer
This one too
Swetha S
CA Inter
β 340
1
19
October 2022 Mock test Financial reporting
Financial Reporting
asked 8 hrs ago
Question 2 (b) An Indian entity, whose functional currency is rupees, USD denominated bond at its fair value of USD 1000. I want to know in video lecture whether this type of problem is solved. It will be helpful to me
latest answer
No answers yet!!
swaminathan sundaram
CA Final
β 0
0
14
Audit report
Corporate & Other Laws
asked 9 hrs ago
The provision wrt this qsn has been attached No where itβs mentioned about REPORTING 1ST (highlighted) Pls explain just that part in the answer
latest answer
No answers yet!!
Sushmita Chowdhury
CA Inter
β 10
0
18
Supplement audit report
Corporate & Other Laws
asked 11 hrs ago
Highlight meaning = Does that mean CAG can conduct supplement audit as many times ?
latest answer
No answers yet!!
Sushmita Chowdhury
CA Inter
β 10
0
16
