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BLOCKED CREDITS - Sec. 17(5)
Indirect Taxation
answered on 24-May-23 19:22
Membership in a club, health, fitness centre are blocked credit as per section. Where the person is spending for ''Meeting fees'' in a CLUB is also blocked credit or input available for the person?
latest answer
Thank you sir
Sanjai B
CA Final
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Strategic decision making
Strategic Management
answered on 22-May-23 11:39
What are environment variables?
latest answer
Environment variables in strategic decision making refer to the external factors and conditions that can significantly influence the outcome and success of strategic decisions made by an organization. These variables encompass a broad range of elements that impact the business environment and can include: Economic Factors: Variables such as economic growth, inflation rates, interest rates, exchange rates, and consumer purchasing power affect the financial viability of strategic decisions. For example, an organization may choose to expand into a new market based on favorable economic conditions. Social and Cultural Factors: These variables pertain to societal and cultural trends, values, attitudes, and demographics. They influence consumer preferences, behavior, and market demands, which are crucial for strategic decision making. For instance, a company may need to consider cultural differences when launching a marketing campaign in different regions. Technological Factors: The pace of technological advancements, availability of new technologies, and the level of innovation in the industry are vital environment variables. Organizations must adapt their strategies to leverage emerging technologies or defend against disruptive ones. Political and Legal Factors: Government policies, regulations, trade laws, taxation policies, and political stability impact strategic decision making. For example, changes in regulations might necessitate altering supply chain strategies or manufacturing processes. Environmental Factors: Increasingly, environmental considerations play a significant role in strategic decision making. Factors such as climate change, sustainability, resource availability, and environmental regulations can shape an organization's long-term strategy and reputation. Competitive Factors: The competitive landscape, industry dynamics, market saturation, and the actions of competitors are essential variables. Organizations must assess the competitive environment to develop effective strategies for market positioning, differentiation, and growth. Industry and Market Factors: Factors specific to the industry and market in which an organization operates are crucial. This includes factors such as market size, growth rate, customer preferences, distribution channels, and barriers to entry.
Amit Pandit
CA Final
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Icitss
Others
answered on 20-May-23 20:17
I have applied for orientation programme, i have send the documents to branch email but still my programme status is awaiting approval, is there any other way to upload documents?
latest answer
Once the class starts u will get approval status
Muthu Rahul
CA Inter
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476
Salary
Direct Taxation
answered on 20-May-23 21:04
Under retrenchment compensation it says avg pay to compute deductible Amt.. does avg pay indicate basic salary ?
latest answer
Yes it's basic pay
SANSKRITI BADRI 2111339
CA Final
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538
Itc
Indirect Taxation
answered on 22-May-23 12:51
If there is a certain transaction being an inward supply payable on reverse charge , can u avail itc on the same ? For example if directors have provided us their service , we must pay tax on reverse charge basis let’s say at 18% on 20L.. now can I also claim itc of the same number ?
latest answer
Yes we can. Tax paid under reverse charge can be claimed as ITC again.
SANSKRITI BADRI 2111339
CA Final
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526
Payment of tax
Indirect Taxation
answered on 22-May-23 12:54
Does balance in electronic cash ledger only have to be utilised set off some liability in another minor head under same major head , or can it be between various major heads as well?
latest answer
Yes. However, we can transfer balance from one head to another head using GST PMT 09
SANSKRITI BADRI 2111339
CA Final
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508
Reg
Indirect Taxation
answered on 22-May-23 12:55
Sir here interstate taxable supply is done by pure oils. So accordingly its compulsorily reg right?
latest answer
Compulsory registration is only if there is inter state taxable supply of goods.
Sugam SM
CA Final
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basic
Corporate & Other Laws
answered on 20-May-23 09:35
diff btwn collective investment scheme & mutual fund
latest answer
Here you go!!
Sushmita Chowdhury
CA Inter
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477
Residential status
Direct Taxation
answered on 22-May-23 11:16
In a problem while computing total income for resident not ordinary resident etc do we give detailed reasons for each item included ? Or can we merely say if it’s accrued or deemed to accrue ?
latest answer
Depends on the question and marks assigned. Its preferable if you can write the reason for each line item
SANSKRITI BADRI 2111339
CA Final
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505
Logical Reasoning
Maths & Stats
answered on 14-Sep-23 20:19
If the following series is written in reverse order, then which will be 12th letter to the right of 10th letter from your right? A B C D E F G H I J K L M N O P Q R S T U V W X Y Z (a) X (b) U (c) V (d) None of these Please explain how the answer got
latest answer
In simple 10+12=22 that is v
Ameena Yasmine PA
CA Inter
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