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Business Combination- Illustration 17
Financial Reporting
answered on 12-Sep-23 07:03
Hello Sir, In this sum, should we reduce the dividend and dividend distbn. tax from profit and loss balance or reserve balance?
latest answer
Either is fine. Generally Profit and Loss balance.
Suresh Avinash
CA Final
★ 3K+
1
440
Banking co.
Accountancy
answered on 09-Sep-23 07:26
How 2586 has come under schedule 13 of yr ended 31/3/2023? My computation: 2045+55+112+177=2389 I don't know what I have missed
latest answer
Ok, thanks 😊
Yamuna S
CA Inter
★ 15K+
2
664
What will be the relevant provision for (b) qus
Corporate & Other Laws
answered on 09-Sep-23 08:46
Explain anyone.... .n ....... ........
latest answer
No subsidiary company shall either by itself or through nominee shall hold shares in holding company. No holding shall allot share or transfer shares to its subsidiary company. Exception:cases where subsidiary company can hold shares in holding company. a) Subsidiary holds such shares as a trustee b) subsidiary company holds such shares as a legal representative of deceased member of holding company. c) subsidiary holds shares in holding company even before it becomes subsidiary Note: Subsidiary shall have a right to vote in meeting of holding company only in respect of shares held as a trustee or legal representative In this isn, it is allowed that subsidiary company can hold shares in holding company as a trustee as per the exception stated and even have a right to vote in the meeting of the holding company.
Dhakshana Dhakshana
CFA L2
★ 18K+
2
504
Company audit
Auditing
answered on 12-Sep-23 07:26
Below procedure are applicable for whom? a) First auditor or subsequent auditor b) Govt co.or non govt co Explain
latest answer
Pls note Committee will not appoint.
Krishnan K
CA Inter
★ 5K+
4
611
Composite and mixed supply
Indirect Taxation
answered on 08-Sep-23 18:53
Refrigerator along with stabilizer Air conditioner along with stabilizer are naturally bundled therefore composite supply .but answer is individual items respective rates applicable..How? And composite discount means?
latest answer
Thanks you so much Now I understand
Santhoshini N
CA Inter
★ 0
5
766
Deposits
Corporate & Other Laws
answered on 08-Sep-23 21:25
What is the difference between Deposits and debentures?
latest answer
In simple words, Deposit is "ANY AMOUNT OF MONEY received by company (Other than list specified by RBI in the Rules) Whereas, Debentures is one type of loan that company takes from various parties called debenture holders. Here, a big loan is broken in small units called debentures and issued as securities to debenture holders. Some types of debentures can also categorize as deposits (refer Acceptance of deposits Rules point (vii) (xi) (xia)) Not all Debentures are deposits
Eswar Aakash
CA Inter
★ 57K+
1
504
Deposits
Corporate & Other Laws
answered on 09-Sep-23 12:10
Why private company can accept deposits only from its members ?
latest answer
Okay mam thanks a lot
Eswar Aakash
CA Inter
★ 57K+
2
491
RATIOS MCQ
Financial Management
answered on 08-Sep-23 13:29
HOW TO FIND THIS - MCQ Question 14 Calculate operating expenses from the information given below
latest answer
I think 7500000-3290000=4210000 7500000×5%=375000(NPAT) 375000+100%=750000(NPBT) 4210000-60000=4150000 4150000-750000=3400000
Muhammed Salih
CA Inter
★ 18K+
1
986
Form 10IC filing
Others
asked on 08-Sep-23 10:31
An assesse opted for new tax regime.So I tried to file form 10IC through Income tax portal, but the submission got failed.Also I have attached the screenshot of the same.Help me to resolve this issue
latest answer
No answers yet!!
Gowshika LT
CA Final
★ 40K+
0
537
Economic indicators
Economics
answered on 12-Sep-23 12:03
Which interest rate includes in lagging indicator and leading indicator
latest answer
Interest rates, depending on their specific type and context, can play a role in both leading and lagging indicators. Short-term interest rates usually are leading Long-term interest rates usually are lagging
Nona Garg
CA Foundation
★ 1K+
2
584