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answered on 28-Aug-23 10:59

Why Most of the companies share price goes up soon after they list their shares after ipo..if thats the case we can apply for ipo and then sell the share in secondary market to easily book 15 to 20% profit in no time right??isn't it an easy way to book profit...explain sir

latest answer

Ohh-hh well... Thank you sir 😁 i got it now 👍

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

15

583

e-way bill

Indirect Taxation

answered on 28-Aug-23 15:02

can i avoid e-way generate of value exceed 50k, by raising two invoice in place of that single supply inorder to reduce the value below 50k to a single party.

latest answer

You can do that. But transporter has to generate.

Yogesh S

Yogesh S

CA Final

125

3

411

Demands & Recovery

Indirect Taxation

answered on 28-Aug-23 17:18

Kindly provide solution for the attached question. As per my view, according to Section 73(10) if a person receives a notice after 2 years and 9 months from the year of input tax credit wrongly availed. i) Invalid, since SCN is received(23-03-23) after 3 years from the due date(31-12-19) of annual return filing for FY(18-19). ii) date of filing is irrelevant, SCN is invalid. iii) No demand assessee need to pay. Kindly clarify in the attached case.

latest answer

Most Welcome.

Aswath Natarajan

Aswath Natarajan

CA Final

2K+

6

515

Tax regime applicable for may 24 ?

Direct Taxation

answered on 28-Aug-23 15:01

Tax slab under normal scheme and under 115 BAC applicable for may 24 ? It's confusing 😕

latest answer

115BAC is the default tax regime and the rates given by Finance Act is optional tax regime.

Deepak shah

Deepak shah

CA Inter

630

3

527

Allowance

Direct Taxation

answered on 28-Aug-23 11:09

I don't know why sir hasn't told about this in the lecture They've just added at last What am i suppose to interpret about the below provided attachment 🤥 After reading the attachment, kindly read the below given doubt 👇👇👇⬇️ •whether allowance can't be claimed or exemption for allowance can't be claimed?

latest answer

Cleared ✅👍

SAI AKASH GORU

SAI AKASH GORU

CA Final

750

6

445

Accounts of Co

Corporate & Other Laws

answered on 29-Aug-23 14:09

Pls explain what it mean by salient features of CFS

latest answer

Thank you so much Ma’am

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

3

408

IND AS 33

Financial Reporting

answered on 28-Aug-23 11:02

Sir, in this question ICAI has presented the answer in quarter wise even though it is not asked. Can we present it not in quarter wise and show it on total basis ?

latest answer

Quarterly - Since info is given quarterly

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

407

General Doubt About Test

Accountancy

answered on 27-Aug-23 20:18

I have complete entire syllabus of CA foundation accounts I have been revise 3 time I have also done llustrations and practical questions RTPS and previous year question Should I have start giving mock test

latest answer

Yes I think you should appear for mock test series at least it provides you where you are stand for.

Ab Devliear

Ab Devliear

CA Foundation

3K+

1

491

Query regarding Revetion and test

Accountancy

answered on 28-Aug-23 14:57

I have complete entire syllabus of CA foundation accounts I have been revise 3 time Registration and practical questions RTPS and previous year question Should I have start giving mock test

latest answer

Yeah...give a mock test It builds confidence

Ab Devliear

Ab Devliear

CA Foundation

3K+

1

351

e-way bill provision on courier agency

Indirect Taxation

answered on 19-Dec-24 18:33

courier agency (eg. professional courier) doing door pickup service for an entity for to delivery packaged goods to inter and intra state customer, whether e-way bill generate provisions attracks for an entity or courier agency.

latest answer

Let us not talk about any specific software.

Yogesh S

Yogesh S

CA Final

125

5

1K+