Forums
MCQ
Direct Taxation
answered on 01-Oct-23 10:30
It's ans is option "a" how... plz show calculation
latest answer
Thankyou 👍🏻
Rifhat Khan
CA Inter
★ 28K+
2
439
IRR guess rates
Financial Management
answered on 01-Oct-23 10:13
If I take different guess rates in IRR questions .i will get different rates For example in the book they took 5 and 7 percent I took 7 and 10 percent ,and my answer is slightly different . How will they correct this in the exam Do they allot marks for process or accurate answer
latest answer
Process matters You should not take numbers that are too wide apart. one can also take 1 and 50 and arrive at a rate but that would be incorrect..
Saikumar Sai
CA Inter
★ 220
1
424
Mcqs
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
CA Inter
★ 28K+
7
594
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
CA Inter
★ 28K+
4
485
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
CA Inter
★ 28K+
2
412
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
CA Inter
★ 370
4
486
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
CA Final
★ 9K+
5
475
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
CA Final
★ 750
3
485
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
CA Inter
★ 0
9
472
GST question
Indirect Taxation
answered on 30-Sep-23 12:53
How (a) is ans ............... explanation plz
latest answer
Wlcm ✨😊
Pragya Laddha
CA Inter
★ 1K+
11
527