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Duty Drawback
Indirect Taxation
answered on 24-Sep-23 19:17
Sir as per Rule-9 upper limit for drawback is 1/3 market price of exported goods is that upper limit will applies for only drawaback in case of Sec-75 am i correct it wont apply to sec-74 as there is fixed % of Drawback in sec-74
latest answer
Yes right 👍
Surya Prakash
CA Final
★ 19K+
1
472
Section 54EE
Direct Taxation
answered on 24-Sep-23 19:13
Is there any condition to hold the units notified by the government which is reinvested ? 2y or 3y or 5y ? Or else no such condition ?
latest answer
Hm Thank you sir
SAI AKASH GORU
CA Final
★ 750
3
618
NEW SCHEME
Others
answered on 27-Sep-23 09:07
"If I pass Group 1 of CA Intermediate and secure exemptions in Auditing and EIS - SM or FM - ECO in the November 2023 exam, will they declare that I have passed both groups (based on the exemptions) when publishing the exam results, which is likely in January? Also, when can I begin my articleship under the new scheme?"
latest answer
https://www.youtube.com/live/QYCtUXuP5Yg?si=0RLBWmztjDJ64X3-
anandhu ks
CA Inter
★ 2K+
3
498
Icai taxation mcq
Direct Taxation
answered on 21-Sep-23 20:16
Does anyone have solutions of icai taxation mcqs of ca inter? Please share
latest answer
No I'm not done
Shruti Ganpati
CA Inter
★ 255
2
556
ratio
Financial Management
answered on 21-Sep-23 16:54
is EBIT (1-T) the same as PAT? please explain.
latest answer
No EBIT x ( 1-T) - interest x ( 1-T) = PAT
Reetikaa R
CA Final
★ 7K+
1
497
Cost of acquisition
Direct Taxation
answered on 21-Sep-23 17:37
Jewellery gift from ancestors (great great great great × 10⁹⁹ grandmother 😂) Cost of acquisition to previous owner taken as FMV of capital asset on the date on which it became the property of the previous owner = 1,00,000 FMV as on 1/4/2001 = 1,50,000 Previous owner gifted to his daughter (assessee) on 2005, Daughter (assessee) sold to outsider on 2010 for sale consideration of 5,00,000 Please provide me the entire sections and provisions attracted to the above case and especially how the cost of acquisition calculated. Also find capital gains
latest answer
It’s very interesting 👍
SAI AKASH GORU
CA Final
★ 750
9
495
Del-credere Agent
Indirect Taxation
answered on 24-Sep-23 19:17
Supply Under GST - Clarification of issues pertaining to DCA is not covered under lectures. Why is it so??
latest answer
It will be covered 👍
Soon to be CA
CA Inter
★ 4K+
3
681
Schedule I - Perquisites by employer to employee
Indirect Taxation
answered on 24-Sep-23 19:18
Can someone explain this concept in simple terms? Highlighted in Rose colour
latest answer
Done ✅
Soon to be CA
CA Inter
★ 4K+
3
503
Furniture
Direct Taxation
answered on 24-Sep-23 19:14
24. Anand is provided with furniture to the value of 70,000 along with house from Feb 2021. The actual hire charges paid by his employer for hire of furniture included along with value of unfurnished house for A.Y.2022-23 is (a) ₹5,000 (c) ₹10,500 (b) 7,000 (d) 14,000
latest answer
I guess the question is not complete
Shruti Ganpati
CA Inter
★ 255
2
516
Voluntary retirement compensation
Direct Taxation
answered on 21-Sep-23 09:23
Mr. Dutta received voluntary retirement compensation of ₹ 7,00,000 after 30 years 4 months of service. He still has 6 years of service left. At the time of voluntary retirement, he was drawing basic salary * 20,000 p.m.; Dearness allowance (which forms part of pay) ₹ 5,000 p.m. Compute his taxable voluntary retirement compensation, assuming that he does not claim any relief under section 89 (a) ₹7,00,000 (b) 5,00,000 C. 200000 (d) 46,800
latest answer
Pls share your working/solution
Shruti Ganpati
CA Inter
★ 255
1
1K+