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Good will calculation
Accountancy
answered on 11-May-23 15:52
Can anyone explain me the second point and the adjustments to be made
latest answer
Ok sir. Thank you sir
Umayal Lakshmanan
CA Final
★ 6K+
5
448
Time of supply
Indirect Taxation
answered on 09-May-23 20:24
Is this relevant for calculation of time supply
latest answer
Yes
Krutika Ithape
CA Inter
★ 2K+
1
526
Sec 8G
Direct Taxation
answered on 09-May-23 20:57
My adjusted total income(excluding sec80g) is 20 lakhs My donations towards Category 1- 10000 Category 2- 50000 Category 3- 100000 Category 4- 100000 How to calculate deduction under 80g
latest answer
Hope it helps..
lohith perumalla
CA Inter
★ 8K+
2
522
Company can buy back share any time
Accountancy
answered on 10-May-23 07:27
Or some time
latest answer
According to Section 68 of the Companies Act 2013, a company can buy back its own shares if it has been authorized to do so by its articles of association and by a special resolution passed by its shareholders. The company can buy back its shares either from the existing shareholders or from the open market. Section 69 of the Companies Act 2013 lays down the rules and procedures that must be followed by the company when buying back its own shares. These include: The buyback can be made only out of the company's free reserves or securities premium account. The buyback must be made through a tender offer to all shareholders, and the offer must remain open for at least 15 days. The buyback price must be disclosed in the tender offer, and it cannot exceed the higher of the following: (a) the price paid by the company for its shares in the previous six months, or (b) the average of the weekly high and low of the closing prices of the shares on the stock exchange during the two weeks preceding the date of the tender offer. The company cannot make any further issue of shares for a period of six months after the completion of the buyback. The company must file a return of buyback with the Registrar of Companies within 30 days of the completion of the buyback.
Lkg Ydv
ACCA Professional
★ 915
2
536
BEL
Direct Taxation
answered on 09-May-23 20:59
For NON RESODENT ,BEL??basic exemption limit ?
latest answer
Yes you're right
Reetikaa R
CA Final
★ 7K+
5
488
sec 139(9) reappointment of retiring auditor.
Auditing
answered on 11-May-23 03:58
who is considered as retiring auditor ?the one whose term of 5 years completed ?im a bit confused pls help me explain
latest answer
When an auditor completed his term may be 1 yr or 5 yrs..... But section 139(9) doesn't apply to auditor who has to subsequently undergo cooking period..... Hope this clarifies.
Bhavya Kumar
CA Final
★ 7K+
3
561
Journal Interpret
Accountancy
answered on 10-May-23 10:45
Debentures due along with Interest ( 125400) Freehold property: 120000 The debenture holders took over freehold land at 2,10,000 and settled the balance after adjusting their dues. Debenture holders Account Dr. 1,25,400 Cash Account (2,10,000-1,25,400) Dr. 84,600 To Freehold Land. 1,20,000 To RC a/c (2,10,000-1,20,000) 90,000
latest answer
But you didn’t mention that its from reconstruction
Saravana Perumal
CA Final
★ 3K+
5
475
Capital reconstruction account question say prepare only capital reconstruction account sir
Accountancy
answered on 10-May-23 07:31
Then require to pass JE question only 5 marks
latest answer
Not required to pass JE.
Karan Yadav
CA Inter
★ 10
2
495
Banking - Illustration 2
Accountancy
answered on 10-May-23 07:37
Sir why the amount in the question is differ from answer for Interest and discount item ?
latest answer
2045+148+92+12 Refer to the additional information
Balamurugan V
CA Final
★ 52K+
1
425
Resident
Direct Taxation
answered on 10-May-23 07:38
what is the exact date and year when an individual will turn in to 60 years old for now?
latest answer
You need to check completed years as on 1st April
Ganesh U
CA Final
★ 6K+
2
463