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Set off and carry forward

Direct Taxation

answered on 03-Apr-23 10:26

What are all Losses(like Losses from Business, HP etc) can be Setoff against incomes in "Belated Return"?

latest answer

Yes.

Mahantesh Biradar

Mahantesh Biradar

CA Final

92K+

6

495

Investment decisions 4 th question not an illustration

Financial Management

answered on 31-Mar-23 11:27

In that At the time of calculation of 1,2&3 How 680000 has arrived In working note they have taken 1&3 why don't they take 1&2

latest answer

because with 1 & 2 they themselves said there will be no economies

Mr M

Mr M

CA Final

3K+

1

499

National income

Economics

answered on 07-Apr-23 18:26

Gross national disposable income = gross national income + other current tranfers from the rest of the world Here gross national income is GNP at factor cost or GNP at market price??

latest answer

Ok

Aditi Goel

Aditi Goel

CA Final

7K+

6

510

Process costing

Costing

answered on 31-Mar-23 11:11

How to calculate this profit on closing stock for process B in this question

latest answer

(8200/49800)*2490

Rifhat Khan

Rifhat Khan

CA Inter

28K+

1

437

Mtp question

Economics

answered on 30-Mar-23 22:48

Solution of this question is incorrect naa?

latest answer

Yeah 👍 thanks for highlighting. 🤔

Aditi Goel

Aditi Goel

CA Final

7K+

3

554

Process cost

Costing

answered on 31-Mar-23 11:33

Abnormal loss to be taken as 100% loss w.r.t all elements of cost. Then why did they take 80% and same was in class?

latest answer

Okay sir

Sugam SM

Sugam SM

CA Final

9K+

2

567

chapter 2 (registered office )

Corporate & Other Laws

answered on 31-Mar-23 01:00

can you please explain these 3 points with example, i am unable to understand it at all.

latest answer

If u find anything difficult in module. U can check out notes in free resources. They are simplified

disha sharma

disha sharma

CA Inter

1K+

4

712

Tax liability

Direct Taxation

answered on 03-Apr-23 16:58

If Salary 30000 Casual income from being 45000 LTCG 40000 Then BEL we will first use for salary and then unexhausted for LTCG Can we use unexhausted basic exemption limit for casual income which is chargeable to tax @30%??

latest answer

Casual income is taxed at 30%

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

2

572

Shares issued at discount

Corporate & Other Laws

answered on 04-Apr-23 22:06

What's the main reason that the shares are not to be issued at discount?

latest answer

Thank you sir

Shaviri Reddy

Shaviri Reddy

CA Inter

1K+

4

591

Disagreement between Audit Committee and BOD

Auditing

answered on 31-Mar-23 10:43

If there is disagreement between them regarding appointment of auditors, BOD should send this fact to the members for their consideration in AGM. But in ICAI study material, it is stated that board will send its OWN RECOMMENDATION for consideration of the members. Which one is correct?

latest answer

Board can give its own recommendation but it has to give reasons in its report for not accepting committee's recommendation

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

2

578