powered by logo

Forums

Registration

Indirect Taxation

answered on 13-Mar-23 12:31

Goods transfer from one branch to another branch (inter state) is it supply? Is this transaction is included in aggregate turn over

latest answer

Yes it is. Since they are regarded as distinct persons.

Sruthi sruthi

Sruthi sruthi

CA Final

640

2

510

Doubt in FM

Financial Management

answered on 13-Mar-23 19:29

What value of debenture and preference shares should be used to determine cost of debt and cost of preference share capital? Sale value or market value ??

latest answer

for WACC weights, we would take market values only.

Kiran Singh Thakur

Kiran Singh Thakur

CA Inter

14K+

4

611

Gratuity

Direct Taxation

answered on 12-Mar-23 16:12

Gratuity received by govt. employee, member of civil services,local authority while in service is taxable or exempt ? Further whether received while in service is relevant for such employee or no..?

latest answer

Gratuity is not paid during service.

dheeraj hembram

dheeraj hembram

CA Inter

240

2

458

basic

Corporate & Other Laws

answered on 12-Mar-23 06:48

what is the diff btwn turnover & sales ? is it correct way to say tht turnover is the accumulated sale and sale is the amount for one year

latest answer

1 year only

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

3

541

Toll Tax (Road Tax) is Direct Tax or Indirect Tax

Direct Taxation

answered on 12-Mar-23 09:49

Sir, Toll tax is direct Tax or indirect Tax ?. Direct Tax is paid on Income but Indirect Tax is paid on Goods and service and the tax burden is shifted to another person. In the case of Road Tax (Toll Tax) it is paid not on income but the tax burden is not shifted to another person. So is it direct tax or Indirect Tax. Please guide me sir.

latest answer

Thank you sir.

Thankachan Jimmy

Thankachan Jimmy

CMA Inter

0

2

5K+

Material cost

Costing

answered on 12-Mar-23 00:18

Why have we calculated carrying cost in this manner in this sum? Why haven't we multiplied 640x15% for finding out the carrying cost ... Instead of is taken as 691.2345x15% Source: RTP Nov 2019

latest answer

Oh okay

Neha Baliga

Neha Baliga

CA Inter

16K+

3

561

Shares

Accountancy

answered on 11-Mar-23 23:14

If shares are called up & partly paid up in a company then till what time such shares can be kept at partly paid up?

latest answer

Till wounding up

Kamal Kumar

Kamal Kumar

CA Inter

7K+

1

417

Derivatives

AFM

answered on 11-Mar-23 21:29

Indigo learn example 28. The Futures with 4 month security is used to hedge portfolio over next 3 months. So at third month end we are calculating 1 month futures and comparing with price at which we shorted future index. Actually what are we doing here? Just comparing the price? Or are we selling the futures contract at price we already agreed? Didn't understand thr purpose and why are ascertaining profit at this point... Can u plz elaborate sir

latest answer

Okay sir. Thankyou

nazriya nasar

nazriya nasar

CA Final

7K+

6

646

Due date for intimating adhar with pan?

Direct Taxation

answered on 28-Mar-23 13:51

.

latest answer

Linking date - 31/03/2023

Madhu Reddy

Madhu Reddy

CA Inter

4K+

3

473

Forex

AFM

answered on 11-Mar-23 19:54

Hello Sir, Why interest rates are not additive?

latest answer

Understood sir, thank you

Suresh Avinash

Suresh Avinash

CA Final

3K+

3

656