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Why in part b answer the director remuneration is available on PYB23-24 instead of 22-23…?
Direct Taxation
answered on 07-Apr-23 13:02
If TDS is deducted before April 30th and paid within due date of filing then why is it deductible only in 23-24 instead of 22-23
latest answer
They are 2 both independent scenarios First scenario - credited in March 23 but tds not deducted. No deduction so no tds deposited Second scenario - IF, paid in April 23
Gokul Nath
CA Inter
★ 605
5
465
INDAS 115 SPECIAL CASES, Sale with a right to return
Financial Reporting
answered on 06-Apr-23 11:59
Sir, when there is a right to return the goods vested with the customer, one entry will be Bank ac Dr. To Sales To Refund liability But one more entry we're unable to understand Inventory ac Dr. To P&L ac
latest answer
Where did you get the second entry from?
Gandlapati Hari Reddi
Qualified CA
★ 17K+
1
517
No so confident in Income tax
Direct Taxation
answered on 06-Apr-23 11:14
Can anyone help me out in income tax...i need to know the strategy to clear exams (may 2023)..i guess I'm doing good with gst
latest answer
Thanks Ma'am
Mahalaxmi B
CA Inter
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2
487
Supply under gst
Indirect Taxation
answered on 06-Apr-23 10:58
Here composite discount means individual discount for every item right??
latest answer
1 discount for all items
Rifhat Khan
CA Inter
★ 28K+
1
547
Video sound is not proper
Financial Reporting
answered on 07-Apr-23 17:01
Business combination from 23 to 28 lecture audio is not proper
latest answer
This is updated.
Arjun Narayanan
CA Final
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3
556
Rotation of Auditors
Auditing
answered on 24-Apr-23 21:01
Do we need to assess the applicability of rotation every year? Which year we need to consider to check the applicability?
latest answer
the law specifies no date at which such limits should be reckoned ( like end of financial year, audit of accounts/ during the year etc). thus conservative approach would be required.
Suresh Avinash
CA Final
★ 3K+
5
609
Joint products
Costing
answered on 05-Apr-23 12:08
Sir, While apportioning joint costs, In the absence of specific info We did on different basis like physical quantity & value at split off.... In various sums. But how to know what to use..?
latest answer
The information would be available in the question. If NRV is available, do based on that.
Divya K
CA Inter
★ 885
1
513
Sale on approval or return basis
Accountancy
answered on 07-Apr-23 16:55
Can both formats be used to prepare sale or return day book. Are both same?
latest answer
In real life there is no standard format. Each entity will devise format which suits them.
SUBODH M JAIN
CA Final
★ 2K+
3
383
Investment decisions
Financial Management
answered on 05-Apr-23 14:01
In the question why should we need to consider working capital as terminal cash inflow
latest answer
When you start the project you need amount for working capital. Once the project ends the working capital is no longer needed and the funds will be released.
P.udaykumar Pasupulati
CA Final
★ 2K+
3
529
Redemption of debentures
Accountancy
answered on 05-Apr-23 10:06
Why are we crediting underwriters account in both the journals?
latest answer
Thank you
Punitha Krishnaraj
CA Final
★ 5K+
2
491