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CBS
Information Systems
answered on 31-Oct-23 22:48
Please explain these statements with examples: 1.A CBS software enables the integration of all 3rd party applications including in house banking software to facilitate simple and complex business processes. 2. Meaning of "Different interfaces" are readily available in a CBS. What is interface here?
latest answer
Thank you so much sir 🙏
Neha Baliga
CA Inter
★ 16K+
3
820
Setoff, clubbing
Direct Taxation
answered on 25-Oct-23 15:29
Does seperate question from Small chapter like - setoff , clubbing, residential status etc is asked in exam or they come in as a adjustment to the comprehensive question
latest answer
Separate question is highly possible.
Anjali S
CA Inter
★ 0
8
456
Redemption of Preference shares and Bonus Issue
Accountancy
answered on 22-Oct-23 12:46
Capital Reserve (Realized in cash) - Use only for Fresh issues of bonus shares. Capital Reserve (available for distribution of dividend) - Use it for Redemption of preference shares and Fresh issue of bonus shares. I concluded the above statement by analysing the previous year papers, MTPs and RTPs. Doubt : Can we use Capital reserve / investment allowance reserve (available for distribution of dividend) to issue bonus shares by way of converting partly paid up shares into fully paid up?
latest answer
Yes cap res.. and investments allowance reserve can be used
Nandishwaran R
CA Inter
★ 355
2
483
ITC Question 18
Indirect Taxation
answered on 25-Oct-23 15:43
Hello Sir, In question 18, point (vii) says building is used for non-business purpose. So we have to calculate D2 also right, but in the answer they have only calculated D1 using the aggregate common credit.
latest answer
D2 is generally not computed unless question asks us to compute D2.
Suresh Avinash
CA Final
★ 3K+
2
414
As2
Accountancy
answered on 22-Oct-23 09:48
While caluclating NRV Commision payable to agents is decrease or not ?
latest answer
Ok sir thank you
Sri ram Pothineni
CA Inter
★ 11K+
6
434
The negotiable instrument act
Corporate & Other Laws
answered on 24-Oct-23 12:02
What is mean by drawee in case of need?
latest answer
Wlcm ✨
Ramya Navanitham
CA Final
★ 75
4
486
AS20 EARNING PER SHARE
Accountancy
answered on 25-Oct-23 19:52
IN ADVANCE ACCOUNT In AS20 :-"earning per share(EPS)", If there any chance ,diluted EPS is more than current EPS?
latest answer
Thank you sir
C ANNBU PALANIAPPAN
CA Inter
★ 5K+
5
390
Internal reconstruction
Accountancy
answered on 22-Oct-23 13:30
In some of internal reconstruction ques , bank overdraft is included in a bank account and in some ques it hasn't included , should it be included ? It is a loan ..so how can we include it in Bank account
latest answer
OD accounts generally have both the characteristics of Loan as well as bank account, when they have negative balance should form part of loans (liability) , and when have positive balance should be part of Cash and cash equivalents from the prospective of a company.
Samridhi Sareen
CA Inter
★ 830
1
369
Value of supply
Indirect Taxation
answered on 25-Oct-23 15:45
If recipient discharge the bank loan liability of supplier then does it is considered u/s 15(2) (b)
latest answer
But it should be suppliers obligation in relation to supply.
Atharv Sankliya
CA Final
★ 3K+
3
344
Section wise weightage
Exams
answered on 21-Oct-23 22:37
Did ICAI release sectionwise weightage for Final under new scheme for May 2024?
latest answer
No
Susee Arunachalam
Qualified CA
★ 26K+
1
429