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Exception of privity of contract in case of assignment .
Corporate & Other Laws
answered on 15-May-23 14:06
Meaning of right not available with nominees of Life insurance policy
latest answer
Thank u sir
jayesth Jain
CA Foundation
★ 835
2
624
General doubt
Corporate & Other Laws
answered on 15-May-23 11:03
Diff b/w is compounding offences vs non compounding offences and give me some examples I would be happy if it is a simple way to understand the above question ❓ Thanks in advance 🙂😃
latest answer
This has been discussed here - https://1fin.page.link/Tpbt123ap36i4BgK8
Balachandar S
CA Inter
★ 59K+
1
600
Partnership
Accountancy
answered on 14-May-23 10:18
Will investment allowance reserve be distributed among the partners?
latest answer
It will be distributed at retirement, death or dissolution
Nidhi S
CA Inter
★ 4K+
2
505
Indices
Maths & Stats
answered on 16-May-23 09:49
Value of a and b?
latest answer
17 is the sum of 8 and 9 2 power 3 and 3 power 2. You should know all powers till 10 of 2, 3, 5 Powers cannot be negative as that takes the term to the denominator Equation 2 is just for confirmation that 2 power 5i.e 32 - 3 power 3 i.e 27 is 5 This Q should not take much time at all
Nidhi S
CA Inter
★ 4K+
5
472
Deemed dividend
Direct Taxation
answered on 15-May-23 10:13
If the amount/value of bonus share given to preference shareholders exceed the accumulated profit of the company then what will be the tax treatment of the excess/entire amount
latest answer
Section 63 - company may issue fully paid-up bonus shares to its members, out of- free reserves; securities premium account; or capital redemption reserve account. No bonus shares from revaluation reserves. Can you please elaborate what does "exceed the accumulated profit" mean
Atharv Sankliya
CA Final
★ 3K+
2
526
Valution doubt
Electives - Final
answered on 13-May-23 20:48
Hi guys one of my frnd did a thing in exam that HE WROTE THE MCQ ANSWERS IN BOOKLET with explanation INSTEAD OF BUBLING IN OMR SHEET. Q: will he get the marks for mcq questions?
latest answer
No
Sai Kiran
CA Inter
★ 4K+
1
544
ITC
Indirect Taxation
answered on 14-May-23 06:18
Can someone pls explain para I’ve underlined ? I don’t understand the logic behind time limit for availing itc
latest answer
Actually if you missed any ITC during the year you can avail that ITC upto 30th November (Amendment) or Annual Return filed whichever is earlier. For eg: If you missed ITC for FY 2022-23 it will be taken upto 30 th November 2023 or Annual Return filed whichever is earlier.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
463
General
Accountancy
answered on 17-May-23 12:00
At what cases Assets and liabilities of the company are revalued
latest answer
These guidances are given by respective standards. For e.g PPE would be revalued if the entity follows revaluation model under AS-10. Similarly some liabilities which are carried at Fair value would be revalued.
Krishnan K
CA Inter
★ 5K+
1
513
General doubt 🧐
Corporate & Other Laws
answered on 15-May-23 11:02
Diff b/w is compounding offences vs non compounding offences and give me some examples I would be happy if it is a simple way to understand the above question ❓ Thanks in advance 🙂😃
latest answer
Compoundable offences - In which complainant (person who has filed the case) can enter into a compromise with the accused and withdraw the case. Examples - Fraud, assault Non-compoundable offences - Where there can be no compromise and case must be tried in court. These offences are of serious nature like murder, terrorism etc.
Balachandar S
CA Inter
★ 59K+
2
641
Exemption
Indirect Taxation
answered on 15-May-23 12:20
Services provided by RBI and to RBI by bank is taxable right?
latest answer
Services by & to RBI are taxable - recent amendment
Sugam SM
CA Final
★ 9K+
1
431