Forums
GTA services
Indirect Taxation
answered on 09-Apr-23 13:01
GTA providing services to unregistered person other tha" specified person "is exempt.....here who are included in specified persons ...plz explain
latest answer
Ok sir
Rifhat Khan
CA Inter
★ 28K+
5
534
Disallowance under PGBP
Direct Taxation
answered on 13-Apr-23 21:19
Can anyone explain the court proceedings with an example plzz
latest answer
These are advanced level concepts and suggest not to get over analytical at CA Inter level.
Gokul Nath
CA Inter
★ 605
10
703
Payment of tax
Indirect Taxation
answered on 09-Apr-23 13:02
If a unregistered person from kerala, purchase goods from registered person of andhra pradesh then whether IGST or CGST/SGST apply?
latest answer
There is no Place of supply in CA Inter syllabus. However, Interstate or Intra state is decided based on location of supplier and place of supply. POS in case where there is movement of goods shall be the place where movement of goods terminates for delivery to the recipient. If recipient does not disclose his details, then supplier will charge CGST and SGST.
Kamal Kumar
CA Inter
★ 7K+
6
523
Capital budgeting
Financial Management
answered on 08-Apr-23 10:07
In some question there is line as "depreciation is charged on straight line basis for income tax purpose". What does this means??
latest answer
Ok
Aditi Goel
CA Final
★ 7K+
6
494
Capital budgeting
Financial Management
answered on 08-Apr-23 08:29
Suppose initial investment is rs 1750000 and from sale of old machine of rs 250000 and project life 5 years. Then how will be depreciation calculated?? Dep =1750000-250000/5 = 300000 Or Dep = 1750000/5= 350000
latest answer
Ok
Aditi Goel
CA Final
★ 7K+
3
472
Declaration and payment of dividend
Corporate & Other Laws
answered on 07-Apr-23 18:21
In the part (ii) , shouldn't the answer be Dispute in the right to receive the dividend? How is it operation of law ??
latest answer
Thank you sir 🙏
Neha Baliga
CA Inter
★ 16K+
2
400
Significant economic presence
Direct Taxation
answered on 11-Apr-23 17:20
Didn't get clarity on significant economic presence
latest answer
It means that if a non resident has significant economic presence still it is regarded as business connection.
sribalaji s
CA Inter
★ 2K+
3
493
Disclosure
Accountancy
answered on 07-Apr-23 16:50
LTB- repayment beyond 36M STB- within 12 months. What about those loans lying in b/w these timeline?
latest answer
Non current liability
Sugam SM
CA Final
★ 9K+
1
484
buy back of shares
Accountancy
answered on 07-Apr-23 15:35
while doing debt equity test , for the purpose of debt , should we consider only long term borrowings or should we consider current liabilities also?
latest answer
We should consider both long-term and short term debt
Snehaa Ilamaran
CA Inter
★ 6K+
1
404
ITT
Others
answered on 07-Apr-23 17:05
Those who finished ITT could you please send the pdf u referred for ITT test ?
latest answer
We will be given textbook from where we attend ITT Class. Questions comes from the textbook. I think its PDF is available in ICAI website
Kiran Vijay
CA Final
★ 4K+
1
431