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Ifhp
Direct Taxation
answered on 10-Apr-23 08:46
If loan borrowed 12 lakhs Construction started 1/4 of previous year and completed 31/9 of previous year Interest on loan For construction period is 90,000 And after that till end of previous year is 80000 What will be deduction of 24b For prvs year
latest answer
Ohh ok ma'am thank you for the explanation....i assumed the calculation this way
Addu Gill
CA Inter
★ 0
3
465
Bank reconciliation statement
Accountancy
answered on 09-Apr-23 14:42
(2) Out of total cash and cheques of Rs. 6,800 deposited in the Bank on 24th March, one cheque of Rs. 2,600 was cleared on 3rd April and the other cheque of Rs. 500 was returned dishonoured by the bank on 4th April. Can anyone explain these transactions for BRS
latest answer
On the day the amount deposited in bank, U would have been added the amount of rs. 2600 and rs.500 in cash book. But in pass book the balance would remain the same as on 31 March as it is cleared /dishonoured in April So, you have to deduct the amount of rs.2600 and rs.500 .... Since it is overdraft you have to change the sign, so ADD
Vignesh s
CA Inter
★ 3K+
3
938
Management of working capital
Financial Management
answered on 09-Apr-23 15:14
While calculating creditors for raw material, why we add this "+2,95,386"??
latest answer
👍
Aditi Goel
CA Final
★ 7K+
5
567
Ifhp
Direct Taxation
answered on 10-Apr-23 08:51
Where 3rd house of person is ready for let out but could not be let out for whole year . Can we take gav as nill stating such loss is because of vacancy and can we claim municipal tax from it
latest answer
NAV is 0 if due to employment or lives elsewhere. GAV for deemed let out = Reasonably expected rent https://www.youtube.com/watch?v=OVUgTTbah7k check this for clarity
Addu Gill
CA Inter
★ 0
2
557
Total income
Direct Taxation
answered on 11-Apr-23 17:15
How this 24,500 avg salary is calculated in WN 3 for leave encashment
latest answer
When the question itself specified to take 24,500 as average salary kindly consider the same.
Rifhat Khan
CA Inter
★ 28K+
3
489
term of auditor
Corporate & Other Laws
answered on 11-Apr-23 14:04
For govt co will the limit of auditor apply?
latest answer
Term of the auditor is applicable on (a) all unlisted public companies having paid up share capital of rupees ten crore or more; (b) all private limited companies having paid up share capital of rupees 1[fifty] crore or more; (c) all companies having paid up share capital of below threshold limit mentioned in (a) and (b) above, but having public borrowings from financial institutions, banks or public deposits of rupees fifty crores or more. In case Government company falls in above category, Term is applicable.
Sugam SM
CA Final
★ 9K+
2
482
Tax
Direct Taxation
answered on 10-Apr-23 06:41
Pankaj gifted
latest answer
Shamil ask your doubt with clearly
Muhammed shamil m k
CA Final
★ 3K+
2
457
Prevention of corruption act
Corporate & Other Laws
answered on 09-Apr-23 10:55
Is this module available?
latest answer
No its not in our syllabus
John Selvaraj
CA Inter
★ 140
1
510
CG
Direct Taxation
answered on 08-Apr-23 23:11
for insurance receipts , sir said sale consideration is money received or FMV of asset received but wat is COA in this case to compute CG tax
latest answer
doubt clarified..
Reetikaa R
CA Final
★ 7K+
1
497
TRP
Direct Taxation
answered on 10-Apr-23 11:12
tax audit assesee cannot file through TRP but below box says TRP can be employee of tax audit aseessee . I feel it contradicts .plss explain
latest answer
Yes but not for tax audit case
Reetikaa R
CA Final
★ 7K+
3
479