Forums
Syllabus
Exams
answered on 12-May-23 21:32
Will the new syllabus update on July? Does the New syllabus will applicable to Nov 2023 exam?
latest answer
No not applicable to nov 23
Riya hari
CA Inter
★ 420
2
474
Bonus share to preference shareholders
Direct Taxation
answered on 16-May-23 15:02
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
If personal not taxable. If connection with business, taxable.
Atharv Sankliya
CA Final
★ 3K+
7
444
Section - 80DD
Direct Taxation
answered on 15-May-23 19:01
This section is applicable for Married daughter?
latest answer
Thank you so much for this level of clarity.
Sanjai B
CA Final
★ 1K+
4
419
Sa705
Auditing
answered on 12-May-23 18:59
1.Frst opinion And then basis of opinion paragraph right.. Or is it opposite.. 2. Meaning of pervasive
latest answer
https://youtu.be/ciL2Bl8jEEc
Shru Kanda
CA Inter
★ 610
1
474
Ind as
Financial Reporting
answered on 12-May-23 18:12
Is change in method of depreciation or amortization considered as change in accounting policy or accounting estimate as per Ind as
latest answer
Estimate
Priya Namburi
CA Final
★ 2K+
1
423
FMV of share u/s 56(2) (viib)
Direct Taxation
answered on 12-May-23 19:26
How company determine the fmv of shares u/s 56(2) (viib)
latest answer
Thankfully written in module as as may be prescribed 😅
Atharv Sankliya
CA Final
★ 3K+
2
544
Rounding off
Direct Taxation
answered on 12-May-23 21:33
If ques just says compute taxable income from head salary. Should we round off?
latest answer
Not required bro
Sugam SM
CA Final
★ 9K+
2
471
What's the difference between statement of account & solvency and Annual returns
Corporate & Other Laws
answered on 13-May-23 10:06
This is with regard to LLP at 2008, section 34 & 35 gives 6months for filing of former and 60days for the latter. So what's exactly the difference between the two??
latest answer
Statement of Account & Solvency provides details of financial transactions undertaken during the financial year and position at the end of financial year. It is filed in Form 8. Annual return is filed in form 11. Apart from Basic information about Name, Address of LLP, details of Partners/ Designated Partners, other details thatI need to be declared are : Total contribution by/to partners of the LLP; Details of notices received towards Penalties imposed / compounding offenses committed during the financial year
Tanish Gupta
CA Foundation
★ 3K+
1
2K+
Forex Margin
AFM
answered on 13-May-23 10:11
Hi, in illustration 86 why do we not deduct margin on first working of customer for initial contract?
latest answer
only if the contract rates are given as spot / forward quotation do we add/subtract margin - else it is assumed that margin is already included in the value. The exact language used in the question is " entered into a forward purchase contract for.... on ... with customer for 3 months @ rate of ₹ 59.60" - here the contract rate is already provided and hence we cannot add margin. Say the question says the forward rate quoted in the market is is ₹ 59.6 - bank enters into contract with customer at this rate - then you can add / subtract margin
Lalit Sanpal
CA Final
★ 6K+
1
626
Liquidation
Accountancy
answered on 12-May-23 11:33
In question 4.8 how are unsecured creditors calculated ,pls help with its calculation?
latest answer
My bad,didn't see the creditors
pradyumna hariramani
CA Inter
★ 290
2
465