Forums
Bad debts deduction under PGBP
Direct Taxation
answered on 05-Jan-23 09:46
Plss explain this provision
latest answer
I think it means ..suppose debt is 50k,and bad debts u allowed is say 5k..then the difference between the above two,ie,the amount of debt u expected to recover,is 45k..suppose u actually recover 44k instaed ..that loss of 1k will be allowed as a deduction in addition to the 5k bad debts u already allowed
Reetikaa R
CA Final
★ 7K+
2
474
Chapter 10 - Hire Purchase - Illustration 8 - IL Course video 24.
Accountancy
answered on 09-Jan-23 16:32
Hello, In the above mentioned question it is given that the amount due to hire vendor is paid in 3 equal installments together with interest, Kindly clarify if this means the 3 installments should be equal and we should find the installment value using PV/Annuity formula or only the principal repayment in those installment should be equal and actually installment value can differ(as shown in video). Thank you.
latest answer
Ok thanks for the clarification sir.
Aswin Chandar
CA Final
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15
628
Buyback of shares
Accountancy
answered on 20-Jan-23 23:18
Is dividend equilisation fund free reserve?
latest answer
Yes, it is a free reserve.
Angel Maria Varghese
CA Final
★ 9K+
2
557
As 10
Accountancy
answered on 04-Jan-23 18:45
If we have the asset of 8cr then why we are considering its fair value as the value of the asset ?
latest answer
Smiley are not recognised currently
Snehashis Mohanty
CA Inter
★ 35
5
543
AS 10
Accountancy
answered on 04-Jan-23 10:05
Can anyone explain this to me
latest answer
Snehashis & Kamal, I have added Ind AS 41 to your profiles for reference. You can go through the first 20-25 mins in your free time. It will help you understand how such assets are recognized.
Snehashis Mohanty
CA Inter
★ 35
10
589
Departmental a/c
Accountancy
answered on 20-Jan-23 23:20
What does mean of general p&l a/c What does mean of general expanses
latest answer
General P&L and General expenses are for the whole entity and not for a separate department. That is why they are posted in the general p&l account.
Amit Pandit
CA Final
★ 33K+
3
508
TDS 194R
Direct Taxation
answered on 03-Jan-23 19:05
Can anyone clarify this section in precise manner?
latest answer
https://incometaxindia.gov.in/communications/circular/circular-no-12-2022.pdf https://incometaxindia.gov.in/communications/circular/circular-no-18-2022.pdf Read these two FAQs of CBDT.
Kamal Kumar
CA Inter
★ 7K+
1
531
Itc
Indirect Taxation
answered on 05-Jan-23 13:29
1) if a person is unreg, then he is not paying tax Is it same as supplying & doing transaction of exempted goods ? 2) why 18(1)(a) & (b) donâ??t giv proportionate credit on capital goods like 18(1)(c) & (d) ?
latest answer
Thank you
Sushmita Chowdhury
CA Inter
★ 0
10
593
Please solve thisss Employee costing
Costing
answered on 09-Jan-23 13:05
Anyone please solve this
latest answer
Hope , it would be helpful !
Dhakshana Dhakshana
CFA L2
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3
638
Cs foundation
Exams
answered on 18-Jan-23 16:41
Do you get results for the cseet mock test conducted by icsi before the main exam? Or for the mock test sets available in the website?
latest answer
They have not been providing. For the mock tests on the website, the option which is correct is highlighted in bold
vidhya ayyarappan
CA Inter
★ 5K+
3
660