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May 23 Mock test Series-1

Direct Taxation

answered on 17-Apr-23 10:13

In MCQ question 1 of part (v) the answer iam getting is option a but the correct answer given is option c and since it is minimum tax I tried to find both in case of 115BAC as well as normal slab but in the given case there will be no difference as interest for self occupied property cannot be reduced in 115BAC and the house property here is let out property , so little confused why iam getting correct answer and could you please clarify it sir

latest answer

Please post your solution

SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

1K+

1

572

Branch account

Accountancy

answered on 14-Apr-23 10:18

Can anyone plz solve branch stock a/c at IP

latest answer

List price is cost +100% i.e 200 Invoice price is 200 - 20%=160 Then 50000*40/200= 10000

Rifhat Khan

Rifhat Khan

CA Inter

28K+

3

602

How its came ?? Doubt ratio

Accountancy

answered on 13-Apr-23 10:02

Dear friends the chapter profit or loss pre and post incorporation, in this screen shot basis of allocation 2:7 for pre 1,20,000 for post 4,20,000 How they are deviating this amount ,plse explain me

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Thanks 😊 friend

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

5

507

Charge

Corporate & Other Laws

answered on 17-Apr-23 18:07

Is additional time given in case of registering modification of chrg

latest answer

For both modification of charge and acquisition of property subject to charge sec:77 apply as it is

Sugam SM

Sugam SM

CA Final

9K+

3

448

Redemption of debentures

Accountancy

answered on 13-Apr-23 21:44

In this question, why DRR there's no need to make DRR

latest answer

https://youtu.be/lXhl2rhCjBU

Rifhat Khan

Rifhat Khan

CA Inter

28K+

3

396

Which Finance act applies to Nov 2023

Direct Taxation

answered on 13-Apr-23 00:28

Which Finance Act applies to CA final Nov 2023 exams ?

latest answer

Finance Act 2022

Chandu vadla

Chandu vadla

CA Final

11K+

1

487

Deposits

Corporate & Other Laws

answered on 13-Apr-23 17:06

Is this deposit return prepared annually?

latest answer

Thanks got it

Sugam SM

Sugam SM

CA Final

9K+

4

461

Taxation of interest income

Direct Taxation

answered on 13-Apr-23 08:56

On which basis interest income is taxable - due basis or received basis??

latest answer

Receipt basis

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

432

How it is directly related to Materilaity?

Auditing

answered on 13-Apr-23 01:57

Pls explain 86th mcq from icai ca inter

latest answer

Thank you

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

2

564

Retiring Auditor

Auditing

answered on 13-Apr-23 15:41

Can anyone please explain the meaning of Retiring Auditor? When can an audit firm be called as retiring Auditor? Aftr expiry of 5yrs or 10 yrs? Or at end of each year?

latest answer

Ok thanks

James Js

James Js

CA Inter

1K+

3

761