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Economic activity & Non-economic activity
Economics
answered on 29-Apr-23 21:21
Is employment in a charitable organisation economic activity or non-economic activity?
latest answer
Economic activity Because, for such employment he/she will be paid by charitable organisations
LAVANYA M
CA Final
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CARO
Auditing
answered on 30-Apr-23 10:08
Given statement correct or incorrect Reason please
latest answer
Thanks guys
Ashfaq Ahmed
CA Final
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Redemption of Debentures
Accountancy
answered on 30-Apr-23 15:53
If we are to prepare both Own debentures a/c and Int. on debentures a/c, then, Can we put the interest related to the debentures purchased in the own debentures a/c and interest on remaining debentures in separate "int. on debentures a/c" OR Should we remove interest column in Own debentures a/c and show all transactions in "int. on debentures a/c"
latest answer
You can either show column or prepare separately
Kriti Iyer
CA Inter
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454
Itc
Indirect Taxation
answered on 29-Apr-23 16:27
What is the meaning of Availement of itc and utilization of itc
latest answer
Thank you sir
Sruthi sruthi
CA Final
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438
Flowchart
Information Systems
answered on 29-Apr-23 21:50
Sir can you explain to me why "Read Bill amount, Purchase Mode, Number of purchase" is taken instead of taking Total bill amount in illustration 5(40th video) in chapter 1
latest answer
The read process is where only input is given and total bill amount is output so that's why we won't give it there
Gayathri K V
CA Inter
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2
548
Dissolution
Accountancy
answered on 30-Apr-23 16:14
In the question we transfer the realisation loss directly to the partners capital account will it still be correct or should we do it in the study material way where that have take it to the partners current accounts
latest answer
Either way can be done.
sradha krishna sunil
CA Final
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Returns
Direct Taxation
answered on 01-May-23 14:13
What is the last date for linking Pan with Aadhar ?
latest answer
Yes.
Ujwal Reddy
CA Inter
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AS 10
Accountancy
answered on 29-Apr-23 12:31
Sir plz explain this ques
latest answer
Incurring cost to build access road. But road is not in control of the entity. So road cannot be an asset. However the cost can be added to plant cost.
Sugam SM
CA Final
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Residential status
Direct Taxation
answered on 29-Apr-23 15:00
When the sec 6(1)A is applicable ?
latest answer
Sec 6(1)A applies when the total income exceedingly 15 lacs ( other than foreign income) during the fy shall be deemed to be resident in india in that previous year. For example if an individual leaving to abroad in 2012 and he didn't back to India his total income other than (foreign income) is 20 lacs and he is not liable to tax in that country Then sec 6(1)A will apply. Hope I am correct
Snehashis Mohanty
CA Inter
★ 35
1
526
AS 10
Accountancy
answered on 29-Apr-23 12:37
Plz explain this ques9
latest answer
I don't know what confused u here.... Here they have given the sale value after 25 years .... Sale value after a period of use of asset is more or less similar to scrap value (so far in this case) In first case the sale value of asset is expected to be the same 10L after 25 years .... So since the time is given ... We calculate the depreciation based on SLM basis.... So since both cost and scrap are same no depreciation... In other case ... Sale value is 9L .... So considering it as a scrap after 25yrs.... 10-9 = 1L ..... is Depreciation for the whole 25 years .... Then for 1 year it is 1L / 25 = 4000 .... HOPE U GOT IT
Sugam SM
CA Final
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