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Direct Taxation

answered on 01-Oct-23 11:14

Here,sowmya is rbnor how??? Option "d" is correct

latest answer

Yeah , even i thought the same 👍

Rifhat Khan

Rifhat Khan

CA Inter

28K+

7

464

Nov22QP

Direct Taxation

answered on 02-Oct-23 00:45

Why this gross receipts are divided by 90%... it's que of nov 22 exam

latest answer

Since the number given is net of TDS. For the purpose of computation of total income, gross income is considered in computation of total income.

Rifhat Khan

Rifhat Khan

CA Inter

28K+

4

377

Salary

Direct Taxation

answered on 02-Oct-23 00:47

Can anyone send the provision used here for value of rent free accommodation in case of sec 115BAC

latest answer

Value of rent free accommodation is 15% of salary. And to that value of accommodation, we will add value of furniture which is 10% per annum of cost of furniture.

Rifhat Khan

Rifhat Khan

CA Inter

28K+

2

361

Articleship under Old Scheme for Direct Entry

Exams

answered on 12-Oct-23 13:55

If I register Articleship under old scheme(3 years) within 30th September, will I be able to appear in May 2024 CA Inter Exams?

latest answer

Not eligible for appearing in the May 24 exams

Krishna Sankar

Krishna Sankar

CA Inter

370

4

379

Adv accounting adjustment doubt

Accountancy

answered on 01-Oct-23 14:59

In the adjustment e only 50% is reduced why 72000 is debited in journal entry.

latest answer

Dr. Payables - 72000 Cr. Share capital - 36000 Cr. Capital Reduction 36000

Revathy N

Revathy N

CA Final

9K+

5

411

Presumptive income

Direct Taxation

answered on 02-Oct-23 09:00

Generally if shifted from presumptive computation to normal computation Then for coming 5 AYs from the year in which shifted , sec 44AD shall be applicable Same as sec44AD, Is the same in 44ADA and 44AE

latest answer

Ok sir i got it

SAI AKASH GORU

SAI AKASH GORU

CA Final

750

3

395

Redemption of preference shares

Accountancy

answered on 30-Sep-23 12:37

In your YouTube video , redemption of pref share , we learnt that , we have to divide the preference share holder value by fv of equity to find no of equit shares to be issued, but in the (1hr 02 min) video. It’s adding the premium with fv as issue price and dividing . Pls explain

latest answer

Always Wlcm ✨✨✨😄

ponmani sabu

ponmani sabu

CA Inter

0

9

412

GST question

Indirect Taxation

answered on 30-Sep-23 12:53

How (a) is ans ............... explanation plz

latest answer

Wlcm ✨😊

Pragya Laddha

Pragya Laddha

CA Inter

1K+

11

475

Security valuation Q33

AFM

answered on 30-Sep-23 11:03

Sir Why is in tax saving (3-2.5)/10 is taken when issue cost is incurred only once

latest answer

Okk Understood sir

A Sivani

A Sivani

CA Final

11K+

2

436

Material costing

Costing

answered on 03-Oct-23 10:07

Does Reorder quantity has its own formula or not ? Or whenever it is being asked to compute everytime we will compute EOQ only..because in ques whenever reorder quantity is being asked to compute , eoq is being computed only

latest answer

The re-order quantity is calculated using various inventory management models, with the economic order quantity (EOQ) being a commonly used approach. The EOQ formula takes into account the demand rate, setup costs, holding costs, and ordering costs to determine the optimal quantity that minimizes total inventory costs

Samridhi Sareen

Samridhi Sareen

CA Inter

830

2

418