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Buy Back

Accountancy

answered on 12-May-23 10:57

In Question 1.2 the premium of buy back is not written off,but CRR is created and in question 1.4,neither the premium on buy back done is written off nor Caoital Redemption account = to the Nominal value of shares is created .Why?

latest answer

Yup

pradyumna hariramani

pradyumna hariramani

CA Inter

290

5

448

Banking Rates

Accountancy

answered on 12-May-23 06:34

Can anyone please say rates of: CRR, SLR and PERCENTAGE of transfer to Statutory Reserve?

latest answer

Ok thanks

James Js

James Js

CA Inter

1K+

2

473

IGST

Indirect Taxation

answered on 12-May-23 09:32

Let's say Mr.A from Kerala sold a watch to Mr.B in Delhi, So Mr.A has to pay the IGST, which technically goes to the Delhi government. Why does it have to be the Delhi government and not the Kerala government? The tax is charged to the supplier but why not the supplier's state? Apologies if the question doesn't form part and doesn't make sense properly.

latest answer

Okay sir thanks for the reply

BALA GANAPATHI T

BALA GANAPATHI T

CA Inter

270

2

464

Branch accounts

Accountancy

answered on 12-May-23 06:16

Can any one please suggest me either some notes or YouTube channels , I've been knocking books to my head🥲!!

latest answer

Download from free resources.

Ranjith Patel

Ranjith Patel

ACCA Knowledge

8K+

2

422

As 22 - Reversal of Deferred Tax Liability

Accountancy

answered on 12-May-23 06:18

How 70000 a deferred tax liability...in that ye taxae income is more than accounting income

latest answer

Since we created deferred tax liability in the first year, it will be reversed in the next period when tax income is > accounting income.

Gauri Shete

Gauri Shete

CA Final

5K+

1

517

Exemption

Exams

answered on 11-May-23 23:43

Iv got exemption in 1 subject... So Should I carry anything apart frm hall ticket??

latest answer

OK tq

Shru Kanda

Shru Kanda

CA Inter

610

2

531

TDS on online betting dream 11

Others

answered on 12-May-23 08:52

If I earn 1000rs from dream 11 is tds taxable??

latest answer

Yes. I read it as 11000

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

3

951

Amalgamation - Capital Employed

Accountancy

answered on 12-May-23 06:22

Can anyone calculate Capital employed

latest answer

Take the value on amalgamation date. Total Assets - Liabilities

Ganesh U

Ganesh U

CA Final

6K+

1

509

TDS on Sponsorship

Direct Taxation

answered on 12-May-23 09:45

Is 194c applicable on services provided by way of sponsorship?

latest answer

Thanks for the clarification sir.

Sanat Harwadekar

Sanat Harwadekar

CA Inter

3K+

4

5K+

AS 29

Accountancy

answered on 11-May-23 21:41

Why are we multiplying 68000 with 10 and 72000 with 5 while calculating contingent liability

latest answer

68000 is for one case then for 10 case we are multiplying 68000*10

Naveen Vs

Naveen Vs

CA Inter

470

2

486