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Direct Taxation

answered on 18-Aug-23 21:51

Can you explain the calculation of dividend amt.

latest answer

Thanks

Ujwal Reddy

Ujwal Reddy

CA Inter

★ 7K+

2

520

Meetings

Corporate & Other Laws

answered on 16-Aug-23 12:55

Corporate and other laws: meetings : Timing to conduct the AGM is 9.00am to 6.00pm - whether is started and concluded within that timing? - started itself enough within tis time ? If meeting started at 5.50 pm minimum 30 mins have to wait for quorum ?

latest answer

Tq

Russell Aravinth

Russell Aravinth

CA Inter

★ 12K+

5

434

Law

Corporate & Other Laws

answered on 17-Aug-23 15:33

Other than study material which reference book is best for case studies

latest answer

For Case studies, you may refer to - ICAI's MCQ & Case Secnario Booklet, - Book back questions, - PYQs, - RTPS & - MTPs. Additionally, for last minute revision, - "Subject wise capsules" & - "Saransh - Last Mile Referencer" given in the ICAI website would be best.

SANTHOSH K

SANTHOSH K

CA Final

★ 19K+

4

609

Conversion of debenture into share

Direct Taxation

answered on 17-Aug-23 11:03

Indexation of cost of asset which date i.e date of acquiring or date of conversion ?

latest answer

Date of acquiring / allotment of debentures

Deepak shah

Deepak shah

CA Inter

★ 630

7

952

Help me to decide

Others

answered on 21-Aug-23 10:54

I passed ca inter g1 after many attempts,now I have two options 1. To join articleship and write exam in nov 23 under existing scheme 2. To join articleship and skip nov 23 and write exams in May 24 under new scheme My doubt is ,if I chose option 2 ,which papers will i need to write ,will i get an exemption for tax And what are other implications like self paced modules

latest answer

Papers to be written Audit, FM+SM and Adv Accounting (not yet confirmed)

mani charan

mani charan

CA Final

★ 3K+

2

476

Residential Status

Direct Taxation

answered on 17-Aug-23 16:14

Suppose a person from the exception becomes resident in current year. Now we have to check whether he is ROR or RNOR. The first additional condition says we have to check if he was RESIDENT in 2 yrs out of 10 yrs preceding the relevant previous year. So while determining this residential status, are both basic conditions applicable or only the first ?

latest answer

Right.

Saurabh Sagavkar

Saurabh Sagavkar

CA Inter

★ 0

4

528

80d

Direct Taxation

answered on 18-Aug-23 06:42

Sir, If i am an individual aged 62 years and have taken medical insurance policy for self and includes a policy taken for my parent who is aged 80 above then my max deduction under 80D would be 1 lakh. Is my interpretation correct.

latest answer

Yes, it is correct the maximum deduction is depends upon age of assessee and parents

CS Ganga

CS Ganga

CA Final

★ 325

4

521

TDS

Direct Taxation

answered on 19-Aug-23 12:18

TDS on the interest income accrued to minor child, both parents have deceased, I have attached the paragraph. what do they mean by the words " credit for tax deducted has to be given to another person"

latest answer

Got it. Thanks a lot .

Dhivyaa Latha

Dhivyaa Latha

CA Inter

★ 4K+

6

733

Eis

Information Systems

answered on 17-Aug-23 15:46

What are the three easily chapters to study in eis?

latest answer

Generally, 3rd chapter is lengthy as compared to other chapters. Chapter 1, 2, 4 & 5 are comparatively less time taking. It would be better to be thorough with Full SM + atleast any 3 chapters of EIS. If you can cover more, it would be better. But, don't leave any chapter fully. Try to cover the questions from book back questions, RTPs, MTPs & PYQs. Also, do all the MCQs & Case Studies from - ICAI's MCQ & Case Scenario Booklet - ICAI's MTPs - IndigoLearn's MCQs For easy revision, please do refer to - "Subject wise capsules" given in the ICAI website. It would be very helpful to revise the concepts. The key to pass in this subject is to be THOROUGH with SM & MCQs (of both SM & EIS). All the best! Happy learning!

Muthu Rahul

Muthu Rahul

CA Inter

★ 0

2

535

80c tution fees

Direct Taxation

answered on 16-Aug-23 09:46

Whether the registration fees for CA finals and intermediate paid by a student can be claimed by his parent as tuition fees deduction in 80c. Act it is said that fee payable to university college or edu institute.

latest answer

Ok

CS Ganga

CS Ganga

CA Final

★ 325

4

606