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Tax is more like Accounting or Law ?
Direct Taxation
answered on 12-May-23 06:24
I just wanted to know if the Tax subject of CA Inter is more like Accounting ( calculations and maths involved ) or its more like Law ( theory memorization and long answer writing practice ) ?
latest answer
You need to understand theory and relevant provision and apply it whilie solving questions. A lot of stuff to be remembered.
Ardhendu Sekhar Acharya
CMA Inter
★ 250
16
594
Company
Corporate & Other Laws
answered on 11-May-23 17:53
Law
latest answer
Yes elaborate your query
Ishika Shahu
CA Foundation
★ 0
2
421
Pgbp
Direct Taxation
answered on 12-May-23 06:24
Why under sec 36 are they allowing premium for Heath insurance of employee paid by employer ? Isn’t it already except under salarie s
latest answer
Exempt under salaries is for employees. For employers they would get deduction as a business expense.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
485
Banking
Accountancy
answered on 11-May-23 15:57
Guys SLR and CRR for exams??
latest answer
CRR -4.5% SLR -18%
Bharath S
CA Inter
★ 120
1
582
Pgbp
Direct Taxation
answered on 12-May-23 09:05
In case of al specified professions under 44AA(1)do basic books have to be maintained? Does this mean that rule 6f prescribed books is additional to these books ?
latest answer
yes. But generally all books are maintained
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
398
Internal reconstruction chapter Q6 vai bhav Ltd notes to alc
Accountancy
answered on 12-May-23 09:02
I in equity share capital 260000 were which two add come I am forgetting every time this help me
latest answer
You have copied from somewhere. Please refer to the same.
Lkg Ydv
ACCA Professional
★ 915
8
417
Dissolution - Partnership
Accountancy
answered on 11-May-23 14:30
Only if mentioned in the question to follow Garner vs Murray rule, should we take the capital ratio after adjusting reserves ? In this question haven't mentioned as Garner vs Murray and for capital ratio they have taken without considering reserves.
latest answer
Thank you so much Sir.
Dhivyaa Latha
CA Inter
★ 4K+
4
653
Perquisites
Direct Taxation
answered on 11-May-23 15:39
As we know.if the house is furnished then if the furniture are owned the we have value that at a 10% of cost, is this includes cost of all the furniture that recieved by an employee
latest answer
Yes
Snehashis Mohanty
CA Inter
★ 35
2
422
AS 9 REVENUE RECOGNITION- Interim dividend
Accountancy
answered on 11-May-23 11:35
Final dividend is recognised when dividend declared in AGM When is interim dividend recognised? When it is declared by BOD (OR) when it is received.
latest answer
bod
Angel Maria Varghese
CA Final
★ 9K+
1
556
Adv A/C Rebate on bills
Accountancy
answered on 11-May-23 14:47
When to take 3 days grace?
latest answer
thanks
Ganesh U
CA Final
★ 6K+
4
501