Forums
ITC Section 19 (Job Work)
Indirect Taxation
answered on 13-Dec-22 10:49
In case of Job work. Is registration mandatory for both the principal and job worker or only the Principal?
latest answer
Yes
Udaya Kumar
CMA Inter
★ 920
3
598
Examination
Others
answered on 13-Dec-22 11:49
When will be the ca foundation exam in 2023 may or june ?
latest answer
Last week of May or june
Vikas Patwari
CA Foundation
★ 3K+
7
488
Chapter-3 ratio analysis
Financial Management
answered on 12-Dec-22 17:14
Is both the formula are same? Return on capital employed (post tax) =Profit after tax ÷ capital employed Or =EBIT(1-tax) ÷capital employed Please reply
latest answer
No Both are diff and the second formula is correct. The first formula is incorrect because the numerator and denominator should have the same basis i.e Numerator is PAT which is profit attributable to eq shareholders and the denominator of capital employed has capital of both debt and equity holders
Krishnan K
CA Inter
★ 5K+
3
537
Accountancy: Rough works
Exams
answered on 13-Dec-22 11:32
Where should the rough works be done? Whether, I) at the end of the main answer booklet, or ii) in a separate additional sheet ? And in case of i) how many pages shall be used.
latest answer
It will be on answer sheet itself. Together binded
Dharani Chakravarthi
CA Final
★ 8K+
5
676
Ratio analysis
Financial Management
answered on 12-Dec-22 13:05
What is the difference between Net Assets and Capital Employed? Which one should be used for calculating equity ratio, debt ratio and debt to equity ratio?
latest answer
Both, are the same. Net assets= Net fixed assets+Current assets -current liability= capital employed
disha sharma
CA Inter
★ 1K+
1
391
ITC Blocked Credits
Indirect Taxation
answered on 12-Dec-22 12:21
A person sold shirts on Buy one Get one offer. Now, can he claim ITC on both shirt or only one shirt?
latest answer
Buy one get one offer may either be considered as mixed supply or composite supply based on the nature of products. ITC will be claimed based on that only.
Udaya Kumar
CMA Inter
★ 920
1
460
consignment
Accountancy
answered on 13-Dec-22 10:06
How 18700 + loading also posted
latest answer
Reverse calculation based on the stock lost value. This will give you the invoice price.
Sai G
CA Inter
★ 6K+
5
378
Incomplete records
Accountancy
answered on 12-Dec-22 16:13
Sir can I present answer like this also or should I present as u have done in class? I have calculated provision within debtors a/c.
latest answer
Yes sir got it. That mistake was blunder.
Sugam SM
CA Final
★ 9K+
4
521
Company Accounts
Accountancy
answered on 12-Dec-22 12:11
Instead of doing like this...Can we do the journals separately for 5000, 30000, 320000 shares..??
latest answer
They will not reduce
LAVANYA M
CA Final
★ 3K+
4
399
Sale or return basis
Accountancy
answered on 12-Dec-22 12:09
How 33*1÷3% be calculated
latest answer
You will understand
Lathika
CA Inter
★ 6K+
14
493