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Permutations
Maths & Stats
answered on 12-Jun-23 14:34
How to find the value of sigma r=1 to 10 r*rPr? (Q.no : 12)
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LAVANYA M
CA Final
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On Audit exam preparation
Auditing
answered on 12-Jun-23 09:04
How to prepare for auditing subject within 1 month
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If Revision: SAs summaries, Notes for chapters, Past question papers and RTPs IF 1st Time - ITs very difficult to cover the whole thing including revision
JAGADEESH PATEL
CA Final
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Exemptions
Indirect Taxation
answered on 12-Jun-23 13:25
Sir, W.e.f from 18-7-2022 is as all services by postal department is taxable is ordinary post is also taxable
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Yes. Every service by dept of post is taxable
Surya Prakash
CA Final
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Exemptions
Indirect Taxation
answered on 12-Jun-23 13:22
Can U please elobarate this I didn't understood properly in video Service by an Intermediary Of Financial Services
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section 2(13) of IGST Act, “intermediary” means a broker, an agent or any other person, by whatever name called, who arranges or facilitates the supply of goods or services or both, or securities, between two or more persons, but does not include a person who supplies such goods or services or both or securities on his own account;. A financial intermediary is an entity that acts as the middleman between two parties in a financial transaction. Services by financial intermediary situatied in SEZ for the services to outside india in forex are exempt For the purposes of this entry, the intermediary of financial services in IFSC is a person,- (i) who is permitted or recognised as such by the Government of India or any Regulator appointed for regulation of IFSC; or (iii) who is treated as a person resident outside India under regulation 3 of the Foreign Exchange Management (International Financial Services Centre) Regulations, 2015; or (iii) who is registered under the Insurance Regulatory and Development Authority of India (International Financial Service Centre) Guidelines, 2015 as IFSC Insurance Office; or (iv) who is permitted as such by Securities and Exchange Board of India (SEBI) under the Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015.
Surya Prakash
CA Final
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628
residential status
Direct Taxation
answered on 12-Jun-23 09:28
royalty income is accrued at a place where services are used the technology is used in a lot of countries so how will we consider the where is it accrued please provide an example for better understanding
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Section 9(i)(vi) of the Act provides for the definition of ‘royalty’. Royalty is considered as deemed to accrue or arise in India if the said income is payable by: - the Government; or - a person who is a resident, except where payable for the purposes of a business or profession or source of income of the resident outside India; or - a person who is a non-resident, for the purposes of a business or profession or source of income of the non- resident in India. Residents are taxable on their worldwide income. Royalty income earned by residents are taxable in India. The tax rate for royalty income applicable to residents depend upon the status. - Sec 115BBF In case of non-residents, the taxability and the tax rate for royalty would depend upon whether the non-resident has a permanent establishment (“PE”) in India as per the Act or not, and the right, property or contract in respect of which the royalties are paid is effectively connected with such PE. - Sec 115A
Sushmita Chowdhury
CA Inter
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residential status
Direct Taxation
answered on 11-Jun-23 11:45
MrA non resident, came to India for 10days his salary for the month of Jan got credited in those 10days in India income received in India will this b taxable to Indian Govt ?
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Sushmita Chowdhury
CA Inter
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After ca u become acca but after acca u cannot become ca ca course was very powerfull
Accountancy
answered on 10-Jun-23 21:25
Si r
latest answer
It is easy to do ACCA after CA, as you have to write only 4 papers in ACCA. But, it is a bit difficult to do CA after ACCA, as you won't get any exemptions in CA. Still, it is possible with dedication, consistency and efforts.
R K
ACCA Skill
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Auditing standards
Auditing
answered on 10-Jun-23 21:25
Good
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BALAJI LOGANATHAN
CMA Inter
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526
Direct Tax
Others
answered on 10-Jun-23 18:06
Sir, like Audit is there any chance to bring CA Final Income tax because I'm eagerly waiting to buy the course
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H recording going on u get within 6months hai
Surya Prakash
CA Final
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397
Indian Partnership Act
Corporate & Other Laws
answered on 10-Jun-23 17:00
A minor (who has been admitted to the benefits of the partnership) has attained majority and he has given a notice to leave the firm, his benefits from the partnership will be cancelled right? Or it will be continued?
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All benifits will be cancelled from the day he became major Eg: On 20-12-2021 he became major So benifits from 20-12-2021 will be. Cancelled
Nidhi S
CA Inter
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405