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Income from House property
Direct Taxation
answered on 07-Aug-23 21:08
Pre interest shall be calculated from the date of loan borrowed to the preceeding year of the year of completion.as per this que I solved am I correct? But the ans given in material was not same as my calculation.
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Nice I'm also from MM
Ujwal Reddy
CA Inter
★ 7K+
5
561
Please answer question no 5
Corporate & Other Laws
answered on 06-Aug-23 12:40
Ignore my answers
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Please Excuse me I'm wrong 🥲😅 sorry bro for wrong answer Yashwant Bro's answer is right 👍
Dhakshana Dhakshana
CFA L2
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5
614
Quorum
Corporate & Other Laws
answered on 08-Aug-23 13:25
Counting of quorum - person in more than one capacity Means? How to count Give a practical example and explain in layman terms 😅
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Yep it's clarified now👍✅
SAI AKASH GORU
CA Final
★ 750
6
525
Cash losses.
Auditing
answered on 07-Aug-23 21:13
How to calculate cash losses as per Caro... What adjustments we should make?? Explain in detail like what needs to be added and what to be deleted
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yes
Sai Teja
CA Final
★ 14K+
3
6K+
Private placement
Auditing
answered on 04-Aug-23 22:12
Does futherr issue of shares by a company to it's holding company during the year comes under private placement. Because Caro asks whether company made private placement during the year?? What we should mention
latest answer
Shares offered to selected (identified) group of persons, is considered to be Private placement. This will be Private placement ( shares are offered to Holding company) also called as Preferential allotment. This is required to be disclosed in CARO
Sai Teja
CA Final
★ 14K+
5
621
Pgbp
Direct Taxation
answered on 04-Aug-23 10:30
Computation of deduction allowable
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Thank u
Sowmiga Chandrasekaran
CA Inter
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2
462
As 2
Accountancy
answered on 12-Aug-23 15:39
Why exchange difference is not included in inventory cost?
latest answer
Exchange differences are typically not included in inventory cost because they represent fluctuations in currency exchange rates and do not directly relate to the actual cost of acquiring or producing inventory items. Including exchange differences in inventory cost could distort the accurate valuation of inventory and make it challenging to compare costs across different time periods or entities. Instead, exchange differences are often recognized as gains or losses in the income statement or other financial reporting sections, reflecting the impact of currency fluctuations on the company's financial performance
N.Gokulnath
CA Inter
★ 850
3
534
D. Material
Costing
answered on 12-Aug-23 15:43
Is the answer semi-variable cost or variable cost?
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Prime cost
Soon to be CA
CA Inter
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9
523
pGBP
Direct Taxation
answered on 04-Aug-23 10:48
1. Mr. Abhay has furnished the following particulars relating to payments made and expenditure incurred towards scientific research for the year ended 31.3.2022: Sl. No. Particulars (in lakhs) (1) Payments made to an approved Agro Research Association. 25 (11) Payment made to RR University, an approved University 15 (iii) Payment made to XY College 17 (iv) 10 Payment made to IIT, Madras (under an approved programme for scientific research) (v) Machinery purchased for in-house scientific research 20 (vi) Salaries to research staff engaged in in-house scientific research 14 Compute the deduction available under section 35 of the Income-tax Act, 1961 for AY 2022-23, while computing his income under the head "Profits and gains of business or profession". (5 MARKS)
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Please try solving and post your solution
Sowmiga Chandrasekaran
CA Inter
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1
635
FIFO
Costing
answered on 04-Aug-23 09:24
Can someone explain this paragraph in simple terms?
latest answer
While falling of prices the materials can be available at lower costs, which sent for production .In this the production costs will be low .This will benefit the organization to get more profits as it can sell it for market price.
Soon to be CA
CA Inter
★ 4K+
1
550