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Module coverage
Direct Taxation
answered on 05-Feb-23 08:10
So 1Fin doesnâ??t doesnâ??t cover Icai module sums but our faculty has their own sums. So now I am seeing classes and solving what sir has solved and side by side I have prepared my own notes. So when should I do mat problems? Whether in self study period (march and Apr) or along with classes. If I do along with classes I canâ??t do selfstudy for 2 complete months. Bcz module have lot of questions and our faculty has covered variety of problems but limited. So someone guide me on this.
latest answer
Along with classes so that if u have any doubt it will be cleared and u can complete a concept fully
Sugam SM
CA Final
★ 9K+
1
509
Presentation
Direct Taxation
answered on 05-Feb-23 17:19
Sir in case of these problems should we write the law or not?
latest answer
For items which you have not taken - 100% you must mention the reason. For other computation which is not apparent, you can write.
Sugam SM
CA Final
★ 9K+
4
461
As soon as law chapter over which order I practice QP Rtp mtp 2022 to 2018 or 2018 to 2022 first practice rtp or questions paper mock test ples give me suggestions
Exams
answered on 05-Feb-23 04:11
S
latest answer
First slove test your knowledge questions , last 4 years RTP , MTP , and question papers. Then You get to know which concepts icai is testing more.
R K
ACCA Skill
★ 9K+
3
644
Medical reimbursement
Direct Taxation
answered on 05-Feb-23 12:54
Sir if there is loan provided under rule3(7)(i)(b) for treatment of medical ailments which are specified, then it wouldnâ??t be treated as perquisite. There is also provision where if obligation of employee is met by employer and if there is medical reimbursement then it is perquisite. Suppose the above mentioned reimbursement is for specified ailments then what would be the treatment. Note:loan is not provided but reimbursement is done for specified disease. Whether it is perquisite or not?
latest answer
You can read the rule and match your understanding with one of the articles online - https://www.bankbazaar.com/tax/exemption-on-medical-reimbursement.html
Sugam SM
CA Final
★ 9K+
2
587
Portfolio management
AFM
answered on 05-Feb-23 09:05
What does -ve weight of a security in portfolio means?
latest answer
Short selling. Have explained it in detail in derivatives chapter
nazriya nasar
CA Final
★ 7K+
1
607
Government Intervention to Market Failure
Economics
answered on 09-Feb-23 15:20
How market power (monopoly) is exercised by buyers?
latest answer
This might not mean individual buyers, but when you are the only buyer you can exercise some powers. if there are multiple buyers, all should co - ordinate together for purchase, then also this is possible
Jatin Vaishnav
CA Final
★ 2K+
5
659
BBI student
Exams
answered on 05-Feb-23 01:35
I am commerce (Banking and insurance) student can I do CA
latest answer
Thank you all I am graduate student so I will go for a CA intermediate
Rohini Jadhav
CA Inter
★ 0
6
649
Sir my friend asking ignorance b com degree valid for admission in ca inter
Exams
answered on 05-Feb-23 10:26
Sir
latest answer
52 % is not sufficient. He needed to at least secure 55 % to be eligible for CA Inter. Now he has to appear CA foundation and pass or he may do CMA Foundation and Inter and then sit for CA Inter and then give CA and CMA Final together as both the courses are more than 70% similar. If he is facing difficulty in passing CA foundation, he can do CS and CMA as these are relatively easier to pass
R K
ACCA Skill
★ 9K+
13
618
Returns
Direct Taxation
answered on 06-Feb-23 12:12
Sir.... How are paying tax and filling return two different things in direct tax Like in GST we generate challan and pay tax .. And it's different from returns How does payment of tax happen in income tax??
latest answer
You can pay tax any time. In return you disclose how the income was computed and tax amount was arrived at.
Harshitha Kalidindi
CA Final
★ 51K+
4
456
RFA - Salary Perquisite
Direct Taxation
answered on 04-Feb-23 20:07
In case of Rent free accomodation, salary refers to aggregate of Basic + DA (R) + Comm. + Bonus + All taxable allowances. But , where such Perquisite is given for certain duration ( part of the year ) , Perquisite value shall be calculated on proportionate or full year basis salary ?? (ie ..... % to be calculated on annual salary or salary belonging to period for such Perquisite provided ??? )
latest answer
Months for which such perquisite is provided take salary for that many months Example employer gave u RFA for 5 months Now to compute prerequisite value u will consider salary also for 5 months
Varun Mulay
CA Final
★ 39K+
5
523