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Chapter 2
Corporate & Other Laws
answered on 06-May-23 07:21
OPC cannot be converted into Sec 8 co. Can Sec 8 co. be converted to OPC
latest answer
Sec 8 co cannot convert into OPC...
Neha Baliga
CA Inter
★ 16K+
3
463
Sales of goods Act 1930
Corporate & Other Laws
answered on 24-Apr-23 19:44
What is the difference between the right of ownership v/s proof of ownership (document of Title v/s document showing title). It would be great if the example is included to illustrate the answer.
latest answer
In simple words , A Bearer Cheque is a Document of title ie.... Holder of such cheque is considered as owner and entitled to Money. ( In document of title :- Possession = Ownership ) Instead , Any cheque other than Bearer ( like Crossed cheques ) , Amount can only be entitled by person whose name is stated on cheque irrespective of possession of such cheque. ( A document which discloses the person's name having title in goods ) ( Here ; Possession × Ownership ) Example :- Share Warrant and Share Certificate respectively, . Hope it helps !
Shiv Pandit
CA Foundation
★ 0
1
451
Sales of Goods Act 1930
Corporate & Other Laws
answered on 27-Apr-23 15:51
Under the different types of goods, there is a section called as contingent goods. It meant that goods might or might not be obtained by the seller. I was confused about the last part where the word 'seller' was used. Can you tell me why is it seller and not the buyer because doesn't it depends on the buyer whether he will purchase the goods or not.
latest answer
In practical life, there are a lot of such contingent goods. Say you as a trader contract with a retailer to supply wheat from a particular farmer next season. Or goods arriving in a particular ship!
Shiv Pandit
CA Foundation
★ 0
3
632
Mcq
Indirect Taxation
answered on 23-Apr-23 12:27
Answer can be both c)and d) right??
latest answer
C is the right answer. Final return is differ from annual return. Annual return is to be filed 31st of next FY. Final return is filed when registration is cancel
Reetikaa R
CA Final
★ 7K+
1
546
Machine hour rate
Costing
answered on 25-Apr-23 12:23
Please anyone solve this
latest answer
Now I am getting 286.5
Harshita Tripathi
CA Inter
★ 2K+
6
540
Company Audit
Auditing
answered on 24-Apr-23 10:28
If the Auditor provides services specified in Sec 144 of Companies Act 2013 for the period April, May 2023 and withdraw from rendering the above services in 15th June 2023, will the auditor is disqualified or not for being auditor for FY 2023-24 ?
latest answer
Not disqualified. The CA should not be rendering such services given in Sec 144 at the time of appointment u/s 139
Prethivi Rajan
CA Final
★ 9K+
3
560
As26
Accountancy
answered on 23-Apr-23 10:40
Why are advertisement and preliminary expenses considered as intangible assets under AS 26
latest answer
It deals with but you cannot recognise it as an asset as peR AS 26
GIRISA S
CA Inter
★ 390
3
544
pls provide answer with reason
Auditing
answered on 23-Apr-23 12:55
correct/incorrect
latest answer
Icai sm 7.6
Bhavya Kumar
CA Final
★ 7K+
3
614
Amendment
Indirect Taxation
answered on 22-Apr-23 21:47
For resident welfare association ,Is Limit of 7500 removed ??
latest answer
Whole amount is taxable if exceeds 7500 per member per month
Reetikaa R
CA Final
★ 7K+
2
453
Resolution requiring special notice - Chapter 7 - MANAGEMENT AND ADMINISTRATION
Corporate & Other Laws
answered on 25-Apr-23 17:07
As per the companies act, the members who are having not less than 1% of the voting power or *NOT EXCEEDING* 5Lakh amount of paid-up share capital can give notice to the company for passing special notice. As per rule 23, it states that " special notice required to be given to the company shall be signed, either individually or collectively by such number of members holding not less than 1% of the total voting power or holding shares on which an aggregate sum of not less than 5,00,000 rupees has been paid up on the date of the notice." what limit are we supposed to take for this purpose? Attached is a copy of the study material showing the exact wording.
latest answer
Thankyou sir
Prasad Ramasamy
CA Final
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4
1K+