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House property

Direct Taxation

answered on 26-Aug-23 11:38

sir if there is a person who is in the business of constructing or purchasing and then letting out on rent eg PGs and he takes loan for that every year because of that business then can he get interest deduction u/s 24b for that constructing or purchasing PG..and then this rental income will come under pgbp or house property

latest answer

Ok Mam thank you so much ..

Samridhi Sareen

Samridhi Sareen

CA Inter

★ 830

6

652

Self paced online modules

Exams

answered on 29-Aug-23 10:00

I have passed my CA intermediate in old syllabus and Im in 2nd year articles my final attempt is Nov 2024. Is final registration & completion of Advanced Itt & Orientation necessary to write Self paced exams? I mean what should I do first? When to register for final? Can anyone help me in this procedure ?

latest answer

SPOM - AdvIT and OC needed. You should register as soon as possible and start preparation.

V U Lakshmi

V U Lakshmi

CA Final

★ 0

1

517

RTP wrongly added

Others

answered on 28-Aug-23 15:27

Nov23 RTP of taxation is added instead of costing RTP ... kindly check out. Thank you!

latest answer

Check now pls

Yamuna S

Yamuna S

CA Inter

★ 15K+

5

559

Act repealed and re-enacted, general clause Act

Corporate & Other Laws

answered on 28-Aug-23 11:18

Pls explain the provision about extended and re extended of highlights

latest answer

Thank you Ma’am

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

4

448

Regarding inter exams

Exams

answered on 30-Aug-23 12:41

What if you have registered for both groups of inter .....but at last due to inefficient preparation..you will appear in group 1

latest answer

Costing is not required

Pragya Laddha

Pragya Laddha

CA Inter

★ 1K+

13

637

RTI application

Others

answered on 24-Aug-23 11:50

I have registered in rti to get my exam papers softcopy. But it's been 3-4 days no reply I get through mail. How many day it will take

latest answer

Around 10-15 days to receive Maximum u can wait 20 days , even after u haven't received u can contact nodal officer

Lathika

Lathika

CA Inter

★ 6K+

1

523

Business Law

Others

answered on 24-Aug-23 10:02

I have been watch lecture of indian contract Act 1872 and understand concept I have understood conceptually I have read module with regards to chapter But when its comes to Question solving parts I am not able to write answers Despite being understand not able to write answer in a proper manner Answer is not match with suggested answer

latest answer

Thanks 👍

Ab Devliear

Ab Devliear

CA Foundation

★ 3K+

2

639

Value of supply

Indirect Taxation

answered on 25-Aug-23 09:50

In this MCQ,two conditions are to be satisfied for the value of supply is not consider as Transaction value.So,first option is correct. Is this correct or not?

latest answer

Option B. As per Section 15 (1) of CGST Act, taxable value will be the transaction value if both conditions are satisfied – Parties are not related and Price is not the sole consideration So if any of the above condition is not fulfilled, then transaction value shall be rejected for computation of value of supply. Thus the option B with or is correct

Laxmi Devi Suresh

Laxmi Devi Suresh

CA Final

★ 16K+

2

519

Ceiling limit

Auditing

answered on 27-Aug-23 14:00

A is partner of ABC & CO. The firm has undertaken 15 audits .now A wants to join PQR &Co as a partner . What is the remaining number of audits of A in PQR &CO ??

latest answer

Each partner has the eligibility of 20 audits. so its "per partner" calculation. ABC together can take 60 audits. If all 15 audit files are signed by Mr. A, then his eligibility in PQR will be only with 5 audits.. If the 15 are in the name of B and C (i.e B and C are signing the audit report), Mr. A can be eligible for 20 audits in PQR. Provided all exemptions to be taken into account. If we assume, A signs 5, B signs 5 and C signs 5, then in PQR Mr,A will be eligible for 15 audits. Provided ABC can then accept only next 30 audits.

Reetikaa R

Reetikaa R

CA Final

★ 7K+

4

501

Registration

Others

answered on 29-Aug-23 10:02

My registration is showing provisional.The reason they are showing is that MCS is not completed.But my MCS is completed, and I have uploaded the document.But the document got approved later after my registration. When will my registration become final registration.

latest answer

Yes.

Swathi Krishna

Swathi Krishna

CA Final

★ 8K+

1

608