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Doubt ca foundation law ica,1872
Corporate & Other Laws
answered on 20-Jun-23 12:49
My doubt is in example no 51. As you can see it is given A will be liable to pay. But if we see by consideration definition and laws, consideration should be desired by the promiser, but here A didn't desire or asked for it, hence he should not be liable to pay any sum of consideration, then why it's written that he is liable? Please help and clear anyone which is right ? And why? What is the mistake in my reasoning?
latest answer
It's a case of acceptance by conduct.
Sarthak Gupta
CA Foundation
★ 0
3
484
92
Direct Taxation
answered on 02-Jun-23 18:22
Is option b correct?
latest answer
Commercial property which is used for p/B will not cover under IFHP
Vivek Kumar Gupta
CMA Inter
★ 5
2
454
Question 92
Direct Taxation
answered on 02-Jun-23 13:49
Is option b is right?
latest answer
Yes as per Supreme Court rulings. If assessee is in the business of letting out properties on rent then it is taxed under PGBP.
Vivek Kumar Gupta
CMA Inter
★ 5
1
475
Doubt
Corporate & Other Laws
answered on 01-Jun-23 08:13
I was not able to finish the accounts of the company's chapter. There are so many provisions that need to be remember Could Anyone be given any idea about how to take notes of this
latest answer
You can refer to Subject wise revision capsule in ICAI's official website. It is really very very helpful. All chapters are covered in a concise manner. These notes are best for revision. Also, try to take hints of the chapter, on a separate paper, side by side when you study. Note down difficult and important points and revise them frequently.
Deepa
CA Inter
★ 18K+
3
554
CARO
Auditing
answered on 01-Jun-23 10:41
Hello sir, I have a doubts are that 1.what is mean by CARO reporting 2. Is it separate report that auditor should prepare like audit report 3. If yes, then what is the format to draft the same CARO report.
latest answer
(1) Companies (Auditor's Report) Order 2020 - Additional report by independent auditor for specified companies - more of a factual report on 21 topics given in para 3 of the Order. (2) Check this https://www.youtube.com/watch?v=F1SqkT10ymc
Muthu Selvam
CA Inter
★ 7K+
1
486
Sale of Goods Act
Accountancy
answered on 02-Jun-23 08:46
Risk prima facie passes with ownership. Explain. The person who owns the goods will be the person who'll be held responsible for the losses/damages suffered, in the case where the goods are transferred to the buyer- he would be responsible for for the same. Right?
latest answer
Risk follows Ownership But always this statement is not correct it is having some exceptions Incase of default done by party irrespective of ownership the defaulted party is liable
Nidhi S
CA Inter
★ 4K+
4
495
Eis sm
Others
answered on 31-May-23 21:47
What are the materials provided by 1fin for eis sm. Do u provide question bank or mcq practice books along with notes. Whether that question bank contains all study mat ques,rtp,mtp?
latest answer
Solved in class
Sugam SM
CA Final
★ 9K+
5
492
Average Due Date - Selection of Base Date
Accountancy
answered on 31-May-23 19:50
Can we use any date convenient for us as the base date?
latest answer
Yes. Generally earliest date is takenn
Vishnu Muraleedharan
CA Final
★ 32K+
1
486
Composite and mixed supply
Indirect Taxation
answered on 31-May-23 19:55
If in single invoice, Refrigerator and stabilizer for refrigerator are indicated as single price. In that invoice also , Led television, air conditioner, stabilizer for air conditioner are indicated separate prices . Gst rates of each are provided. How will tax rate be applicable?
latest answer
Sry Mistake in 1st line it is we must see item wise not invoice wise
Anirved Rahatgaonkar
CA Inter
★ 0
2
613
Job costing
Costing
answered on 01-Jun-23 10:47
In illustration 1, how to treat indirect labour, it is not shown in the lecture.
latest answer
Can you please share the illustration details - video / module reference and illustration number. Thanks
HariPriya C
CA Final
★ 3K+
1
533