Forums
Residential status
Direct Taxation
answered on 29-Apr-23 10:46
In qsn 21 does intrst chargeable in B's hands is taxable in India
latest answer
No Both are non-residents non-resident person is chargeable to tax to the extent income accrues or arises through a business connection in India or from any asset or source of income located in India, and to the extent such income is attributable to the operations carried out in India. Neither the asset or source of income is india
Neha
CA Inter
★ 3K+
6
458
Residential status
Direct Taxation
answered on 27-Apr-23 10:58
In qsn 13 Is the huf is resident or non resident
latest answer
As Business decisions partly taken from India , it is Resident in India and Karta satisfies conditions for Resident and Ordinary resident aswell , HUF is ROR in India.
Neha
CA Inter
★ 3K+
1
453
Exam center
Exams
asked on 27-Apr-23 08:17
Anyone from Mathura..?
latest answer
No answers yet!!
Yash Singhal
CA Inter
★ 290
0
611
Total income
Direct Taxation
answered on 27-Apr-23 11:07
I have a doubt in depreciation of furniture .. they’ve calculated it only on 19k, as 18k exceeds 10k and it’s paid in cash .. however why is 11,000 freight charges excluded from cost of asset? When u pay to transporter , up to 35k u can pay in cash right ?
latest answer
Thank u ma’am
SANSKRITI BADRI 2111339
CA Final
★ 4K+
13
574
Joint cost
Costing
answered on 27-Apr-23 09:33
In a) ,ques says to find if no further processing . But sir has deducted further processing costs and also in book ,it s same as wat sir did
latest answer
Question (b) asks for further processing cost,
Reetikaa R
CA Final
★ 7K+
2
451
Quorum
Corporate & Other Laws
answered on 27-Apr-23 06:06
If quorum is not maintained throughout the meet and when it was met certain business were transacted then in that case, however some agendas were still left and these were carried on by remaining members while quorum was not fulfilled. Then those agendas which were first transacted will they also be treated as void?
latest answer
The business transacted when quorum is present-valid Specific Business transacted when quorum is not present- void, which would be adjourned
Sugam SM
CA Final
★ 9K+
1
391
Joint holders explain this analysis
Corporate & Other Laws
answered on 27-Apr-23 07:43
.
latest answer
When shares are held by joint holders, The order in which name should appear in register shall be decided by holders ,it is the right provided by articles of most co. Here , Taneja wanted only his wife name to be appeared in the register, which is not possible. So, he may request to enter the name in such a way his wife name enters first in register, so that the priority is given to his wife in voting etc.
Sugam SM
CA Final
★ 9K+
2
444
Realisation account
Accountancy
answered on 29-Apr-23 10:45
Basically Realisation account the book values should be transferred, in either Amalgamation or Dissolution or sale of an existing Co. or Firm. But below photo the realisation account is Prepared with market value why...? ( Advance accounts, Sale of partnership.
latest answer
Assets & Liabilities are transferred at book value
Saravana Perumal
CA Final
★ 3K+
2
2K+
Salary
Direct Taxation
answered on 27-Apr-23 09:56
Is telephone allowance Fully exempt or fully taxable?
latest answer
Thank you mam
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
2
432
Chapter Vl deductions
Direct Taxation
answered on 29-Apr-23 10:47
Wt would be the crct answer? I thought the answer was a option but in the key the answer is c option.as the loan is sanctioned on 2021-2022 is not applicable to 80EEA even though sdv doesn’t exceed 45L(it is applicable only wen the loans are sanctioned on 19-20 and 20-21).
latest answer
extended to 31/3/22
Ujwal Reddy
CA Inter
★ 7K+
4
568