Registration

answered on 17-May-23 10:39

Will PO order site verification before or after grant of registration ?

latest answer

before

SANSKRITI BADRI 2111339

CA Final

★ 4K+

1

711

salaries- annuity

answered on 17-May-23 10:49

can someone please explain annuity in detail with an example

latest answer

regular payments.

disha sharma

CA Inter

★ 1K+

1

590

DISSOLUTION OF PARTNERSHIP UNDER PIECE MEAL DISTRIBUTION MAXIMUM LOSS METHOD.

answered on 17-May-23 14:26

IN ILLUSTRATION -5 HAVE CASH BALANCE RS. 500/- AND EXPENSES UNDER REALISATION RS.400/-. IN THE SILUTION DID NOT CONSIDER THE ABOVE SAID AMOUNTS WHY?. IF ASSUME WE CAN PAY EXPENSES FROM AVAILABLE CASH RS.500/- STILL WE HAVE RS 100/- SURPLUS.

latest answer

OK SIR NOTED, THANKS.

Anjaneyulu Goriparthi

CA Inter

★ 15K+

5

806

Indian Partnership Act

answered on 19-May-23 10:28

Please explain to me the second part of this paragraph beginning from " but if any partner assuming to act....." and ending at " foregoing provisions of this section "

latest answer

The partner who purchased interest of deceased / outgoing partner, if doesn't act as per terms and conditions, he will be liable to forego the share of profits attributable to use of share of deceased/outgoing partner's property of the firm

Ardhendu Sekhar Acharya

CMA Inter

★ 250

1

449

CSR

answered on 17-May-23 17:17

Expenditure incurred by foreign holding company for csr activities in india on behalf of its indian subsidiary would entitled the indian subsidiary to claim it as csr expenditure comment Pls explain and answer

latest answer

It will be allowed as CSR expenditure ONLY IF it is routed through the Indian Subsidiary. If the Foreign subsidiary is directly making the expenditure on behalf of Indian Subsidiary, then it won't be allowed.

Sneha Kasturi

CA Inter

★ 4K+

4

560

Fiscal policy

answered on 17-May-23 12:35

In automatic stabilizer, they are telling in recession, tax collection would decrease and transfer payments by gov will increase.. how is that?

latest answer

As the business output/income will be falling during the recession, tax collection will fall. Transfer payments in the form of unemployment compensation benefits will increase as more people will claim the benefit. So, cumulatively, consumption will not decrease as much as it would have

Abishek M

CA Final

★ 11K+

1

501

Presentation

answered on 17-May-23 07:36

should we elaborate the terms that we have used Eg : Kd=I(1-T) I = Int T tax rate like that or formula is enough?

latest answer

Tnx sir

Ganesh U

CA Final

★ 6K+

2

640

Capital gains

answered on 17-May-23 11:45

I have doubt in 1st proviso to section 48 sir why we convert cost of acquisition , expenses on transfer and full consideration in foreign currency and compute capital gains and reconvert to Indian currency .why sir? Already there in Indian currency we straight away we compute capital gains why we convert to foreign currency and reconvert to Indian currency?

latest answer

Dollar appreciates against Rupee. Say you invested when $1 = 100. Cost of investment is 100. When you sold at 150, $1 = 125. In INR Gain = 50 But if you convert the sales proceeds back to $, it would be $1.2 So Net Gain of only $0.2. Now when you convert this to INR it would be only 25.

Balaji raghu

CMA Inter

★ 980

2

430

Rounding off on Average due date

answered on 05-Jun-23 10:14

Sir/ma'am if <0.5 then lower round off? Eg.12.4=12 If >or= 0.5 the upper round off? Eg.12.6=13 12.5=13?

latest answer

if due date is fraction, round it off to the nearest whole number.

Hena Desai

CA Foundation

★ 5

4

444

Creditors

answered on 17-May-23 12:38

Estimated production:1000 units In some problems while making payment to creditors they are including 1000 units cost + closing stk for that year In some way estimate production: 1000 units Payment to creditors: only for 1000 units made Why? Kindly if anyone's know.. say!!

latest answer

Thank you sir

Saravana Perumal

CA Final

★ 3K+

4

448