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Rough work

Exams

answered on 30-Apr-23 16:23

Does rough work done in the back of answer paper be considered for valuation? does rough work written on pen or pencil? In case pencil do we have to erase it? Does rough work will have to be filled within one page given by icai?

latest answer

May not be sufficient. Use last page of answerbook.

DIVYA S

DIVYA S

CA Final

60K+

10

683

investment decision

Financial Management

answered on 28-Apr-23 17:36

What is the operation when comes fixed cost ?

latest answer

Can you be clear with question?

Fayis E

Fayis E

CA Inter

5K+

1

442

Divided

Corporate & Other Laws

answered on 05-May-23 06:43

When interim divided can be declared Is after the end of FY and before GM Is after preparation of financial statements Is it necessary to provide depreciation under schedule II Before declaring interim divided

latest answer

Those who are having confusion refer this...

Sruthi sruthi

Sruthi sruthi

CA Final

640

4

492

Depreciation

Direct Taxation

answered on 28-Apr-23 15:58

Can we claim additional depreciation on machinery purchased on 1/12/2022

latest answer

Additional depreciation depends on wheather the machinery engaged in manufacturing activity

Neha

Neha

CA Inter

3K+

9

622

Capital vs Revenue Expenditure

Accountancy

answered on 28-Apr-23 16:01

I don't understand how repairs on an asset are considered Revenue Expenditure, such as the example of a damaged bike being repaired. The repairs ensure we can use the bike, so isnt it a capital Expenditure?

latest answer

Ah ok. Thank you, and Good Luck

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

6

431

MOCK

Exams

answered on 29-Apr-23 00:18

Suraj sir i have submitted tax mock two days ago since exams are nearby could u please update atleast suggested answers by tomorrow

latest answer

You will get after submitting mock

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

5

561

Surcharge

Direct Taxation

answered on 05-May-23 06:47

What is the relation between Income comprises dividend and LTCG and surcharge

latest answer

There is a different surcharge rate.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

3

467

credit policy question

Financial Management

answered on 29-Apr-23 10:55

In this question, the tax rate is adjusted on the opportunity cost rate i.e. (15*70%). please explain the reason for that

latest answer

Post-tax return is being computed and hence it is done that way

Anoop P K

Anoop P K

CA Final

2K+

1

511

Rtp may 23

Accountancy

answered on 28-Apr-23 12:42

In this question how this accumulated depreciation on office equipment has calculated...plz explain

latest answer

https://youtu.be/EReu5Ytvafs?t=3064 Covered in this video. Do subscribe to the channel so that you do not missout on these discussions. Thanks

Rifhat Khan

Rifhat Khan

CA Inter

28K+

1

458

Auditors

Corporate & Other Laws

answered on 28-Apr-23 16:54

Govt co auditor will also be appointed for 5yrs right?

latest answer

In case of government company, tenure of auditor is till conclusion of next AGM. That means every AGM same or new Auditor is appointed in case of Govt. co.

Sugam SM

Sugam SM

CA Final

9K+

2

353