Forums
Composition scheme
Indirect Taxation
answered on 26-Aug-23 16:21
Is trader of pan masala is eligible for avail composition scheme, who have turnover in py upto 1.5 cr?
latest answer
Yes. Since only manufacturers of the same are not allowed.
Nakul Dixit
CA Final
★ 4K+
3
695
The Finance Act
Direct Taxation
answered on 26-Aug-23 16:22
Can someone explain Part 3 in simple terms
latest answer
Advance Tax rates.
Soon to be CA
CA Inter
★ 4K+
3
543
Signing of financials
Corporate & Other Laws
answered on 27-Aug-23 15:21
A company has following people Person A - ceo and executive director B - director C - cfo D - director In this case WHO ALL should sign the Financials of the company.. Is this way of signing Financials correct By only A, B and C
latest answer
Thank you so much ma'am.. This really helps
Sai Teja
CA Final
★ 14K+
3
415
Ca inter May2024
Others
answered on 26-Aug-23 13:12
Any ca inter may2024 student can u please say if all classes for may 2024 updated or not? And Any whatsapp group for ca inter may2024 students by Indigolearn?
latest answer
Okay Sir
Abhilash Y
CA Inter
★ 0
9
488
As4
Accountancy
answered on 26-Aug-23 13:16
In the below question,say whether it is adjusting event or non adjusting event if such event happened after balance sheet date but before board approval.
latest answer
Thank you sir
Krishnan K
CA Inter
★ 5K+
2
442
As 4
Accountancy
answered on 26-Aug-23 13:08
As on balance sheet date , we have a total debtors of Rs.5,00,000. We created a general provision of 1% on provision for doubtful debts.After balance sheet date but before the board approval, Mr.B debtor of Rs.1,00,000 becomes insolvent. Ans. I think it is non adjusting event , becoz There is no condition that Mr.B will become insolvent is existing at the balance sheet date. General provision of 1%does not mean there is a condition existing at the balance sheet date. Is my understanding correct!
latest answer
Yes.
Krishnan K
CA Inter
★ 5K+
1
555
Doubt
Accountancy
answered on 21-Sep-23 20:24
Sir ,recently somebody told that business law and accounts for ca foundation is going to be a in mcqs is it true ,please give me fast reply about this ,so that I can start my preparation
latest answer
Account and law are descriptive paper
Mangallapalli Vaishnavi
CS Foundation
★ 680
2
629
Partnership(dissolution) -- unrecorded asset
Accountancy
answered on 26-Aug-23 06:07
Say the logic behind why unrecorded asset is not debited like other assets, in realization account
latest answer
Thank u sir
Sajeetha R
CA Final
★ 46K+
5
690
Advanced ITT and MCS
Exams
answered on 25-Aug-23 17:58
Planning to give May 24 Final exams.Residing in Tambaram Circle, Chennai. Native of Tuticorin. Both Tambaram and Tuticorin branch no plan of Adv. ITT and MCS course as of now. As they got limited final students which is then insufficient for a batch strength. What can I do ? Alternate ideas. Also the completion is necessary before applying for exams
latest answer
U have sufficient time to complete I guess since ur exam due in May . Keep searching for batches near u . If not u have to travel for other branches.
Sindhu Machado
CA Final
★ 0
2
625
Agricultural income
Direct Taxation
answered on 25-Aug-23 23:46
Sir , a) if I am into the business of renting warehouse or storage facilities and if one of my warehouse is used to store agricultural produce , then that rental income from only that particular warehouse will be exempt under section 10(1) or not ? b) if I am not into renting business of warehouse , and then that warehouse is used to store agricultural produce , will that be exempt under section 10(1).. 3) will cultivation come under agricultural activities done by farmer .so cultivation will be exempt or not under section 10(1).. 4) if a warehouse / store room I own is rented and used to keep animals which assist in grazing etc on field , then that store rent will be exempt or not under section 10(1).. 5) if i rent an agricultural land or store to a farmer who does farming activities , then it will be exempt from my income in my books and from farmer's in farmer's books ?
latest answer
Thank you so much
Samridhi Sareen
CA Inter
★ 830
2
472