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Indirect Taxation

answered on 19-Apr-23 09:01

Can we issue consolidated revise tax invoice in case of intra state supply

latest answer

Yes, we can. But in case of inter state supplies it cannot be issued if the value of supply by the unregistered person exceeds Rs. 2,50,000.

Addu Gill

Addu Gill

CA Inter

0

1

411

Rectification of errors

Accountancy

answered on 19-Apr-23 13:26

Purchased goods from Ravi rs.15000 but entered into sales book Tell me the answer ?

latest answer

@vignesh have u understood the entry

Vignesh s

Vignesh s

CA Inter

3K+

4

564

Indirect tax

Indirect Taxation

answered on 19-Apr-23 08:51

It's answer is option B ...how

latest answer

Calculate interest for 1 month so that Rs. 8,000 would be the answer (Rs. 8,00,000* 12/100* 1/12).

Rifhat Khan

Rifhat Khan

CA Inter

28K+

1

426

Return

Direct Taxation

answered on 21-Apr-23 12:10

Mr. Praveen, due to inadvertent reasons, failed to file his income-tax return for the assessment year 2023-24 on or before the due date of filing such return of income. (i) Can he file the above return after due date of filing return of income? If yes, which is the last date for filing the above return? (ii) What are the consequences of non-filing the return within the due date under section 139(1)

latest answer

{Present Under sec 234F - applicable from 1/4/2018 Assessee has to pay 5000, But if the total income doesnt exceed 5 lakhs then fee would be max 1000

Amit Pandit

Amit Pandit

CA Final

33K+

5

452

MCQ

Information Systems

answered on 19-Apr-23 08:56

I think this is incorrect result configuration is the right answer right?

latest answer

Configuration refers to how the software will function and particularly the VALUES for various parameters are set up as per policies, rules, and business procedures but Masters refers to the WAY various parameters are set up.

Ashfaq Ahmed

Ashfaq Ahmed

CA Final

24K+

1

458

Entry

Accountancy

answered on 19-Apr-23 03:15

Suppose I have a shop of electronics and i took a mobile from that will that be treated as DRAWINGS?? IF YES WHAT WILL BE THE ENTRY???

latest answer

Thanks dear

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

2

464

Dividend

Corporate & Other Laws

answered on 25-Apr-23 14:40

Can company declare dividend even after closure of the company If yes, then are there any conditions on them

latest answer

After Liquidation of the company, dividend cannot be declared.

Samarth Kshatriya

Samarth Kshatriya

CA Inter

1K+

5

478

Capital Structure

Financial Management

answered on 19-Apr-23 00:18

How Rs.13000 came in return on Investment ?

latest answer

Thanks Manoj

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

3

551

Portfolio Management - Illustration 7

AFM

answered on 19-Apr-23 07:33

Hello Sir, In the Illustration 7, we are comparing the return as per CAPM and Expected return, but isnt the return as per CAPM is the expected return. Should we compare the CAPM return with the market return to decide on the investment?

latest answer

Think of it as Theoretical vs. Estimated

Suresh Avinash

Suresh Avinash

CA Final

3K+

2

557

Is Freight charges a part of production cost

Accountancy

answered on 19-Apr-23 13:28

Does the carriage charges for transfer the raw materials from godown to factory is a part of production cost and recorded in manufacturing a/c?

latest answer

Fright charge will make a part of prime cost Hence it will be recorded in mfg account

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

435