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NOV 22 RTP - AMALGAMATION

Accountancy

answered on 13-Mar-23 19:40

Sir, I find it difficult to understand what is given in the question about goodwill and the goodwill calculation . Please make a video or explain Sir.

latest answer

Sure.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

1

500

Sec 24(b) interest on home loan

Direct Taxation

answered on 13-Mar-23 14:43

If an assessee has not repaid any amount of loan availed during construction period. Whether such interest on pre and post construction period is allowed under sec 24 (b) ?!

latest answer

Thank u

Sajeetha R

Sajeetha R

CA Final

46K+

2

490

Quoting sections

Direct Taxation

answered on 13-Mar-23 20:59

Is it important to mention sections in DT while writing answers in exam

latest answer

Ohk thankyou so much 👍🏻

Rifhat Khan

Rifhat Khan

CA Inter

28K+

5

544

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

522

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

625

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

470

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

553

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

569

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

436