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Chapter 2 - Section 9
Corporate & Other Laws
answered on 02-Mar-23 20:31
What is the meaning of writ petition will be maintainable by company or its shareholders here ??
latest answer
Thank you so much ma'am
Neha Baliga
CA Inter
★ 16K+
2
488
"Materiality is not a matter of Size"....Correct or Incorrect
Auditing
answered on 02-Mar-23 13:02
In suggested answer is given as Incorrect how ? Note point H in the image below
latest answer
Incorrect because.. Materiality may be matter of size and may not be a matter of size at times. So the given statement is not fully correct. As you can see, it is given in the explanation materiality is not ALWAYS a matter of size.
Prethivi Rajan
CA Final
★ 9K+
2
923
Capital deemed to be Preference Share Capital
Corporate & Other Laws
answered on 04-Mar-23 06:48
Anyone kindly explain in Simple terms. Thank you.
latest answer
Thank you sir.
Rajasekaran Suresh
CA Inter
★ 495
6
919
Cash flow
Accountancy
answered on 02-Mar-23 12:24
Can anyone explain me what is the logic behind Opening balance -Closing balance while computing cash flow by giving simple example?
latest answer
Creditors If opening is 10000 Closing is 0 And no purchases during the year Means u paid 10000 during the year( cash. Outflow) Another example Opening 10000 Purchases 50000 Closing 20000 Means actual cash outflow = opening + current year purchases -closing =40000
Snehashis Mohanty
CA Inter
★ 35
9
405
SECTION 39 ;- Allotment of Security
Corporate & Other Laws
answered on 02-Mar-23 20:35
As per companies act - minimum application amount is 5% of issue price of shares or as may be prescribed . But , SEBI has prescribed @ 25% . What to write in exams ?
latest answer
Its important to mention the Companies Act provision (5%) in exam. You can additionally write in brackets the Sebi requirements also just to display your knowledge. Marks will be allotted for Company Law provision mainly.
Varun Mulay
CA Final
★ 39K+
4
430
PGPB
Direct Taxation
answered on 02-Mar-23 13:55
Please kindly solve the given problem in detail ??
latest answer
Hope the answer is right
Aakash Raavi
CMA Inter
★ 320
1
432
Deemed Prospectus
Corporate & Other Laws
answered on 02-Mar-23 10:39
If allotted sold shares to the public after paying full consideration within 6 months.Is it Deemed Prospectus.
latest answer
As per section 25 of Act , A document issued by an entity for issue of shares to public within 6 months of execution of allotment contract within Company and such entity OR Issues a document beyond 6 months and Only part Consideration is paid to company, Then such Document issued to public and within Company and entity as well shall be deemed as prospectus u/s 25 and all compliances with regard to issue of Prospectus shall apply to such document. For eg :- section 26 , 447, 34 and 35
Divya Naik
CA Inter
★ 7K+
2
531
Residential status
Direct Taxation
answered on 02-Mar-23 09:15
Why untaxed past profit is not taxable?
latest answer
Untaxed past profits of previous years we should go back and tax in those years only not in current year so its not taxable in current year
Kamal Kumar
CA Inter
★ 7K+
1
469
IND AS 116
Financial Reporting
answered on 04-Mar-23 04:45
Hello Sir, What is the difference between modifying the lease term and revision of lease term?
latest answer
A Lease Modification is - Change in scope or consideration which was not a part of original lease contract. Are you asking about term (time) or term (conditions)
Suresh Avinash
CA Final
★ 3K+
3
449
AS
Accountancy
answered on 04-Mar-23 08:42
Answer for this
latest answer
Tq sir
Prasanna Ram
CA Inter
★ 0
5
525