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DOUBT
Corporate & Other Laws
answered on 10-Dec-22 00:07
Mr. S agreed to purchase 100 bales of cotton from V, out of his large stock and sent his men to take delivery of the goods. They could pack only 60 bales. Later on, there was an accidental fire and the entire stock was destroyed including 60 bales that were already packed. Referring to the provisions of the Sale of Goods Act, 1930 explain as to who will bear the loss and to what extent? What is the answer ?
latest answer
You are correct
sradha krishna sunil
CA Final
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715
Explain
Direct Taxation
answered on 09-Dec-22 22:51
What is personal accident insurance? Is it same as life insurance????
latest answer
Life insurance - benefit is paid in case of death Accidental life insurance - benefit is paid due to death on account of accident. Accidental hospitalisation policy - covers hospitalisation expenses. Some times 2 and 3 may be combined.
Dhakshana Dhakshana
CFA L2
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Exemption
Exams
answered on 03-Mar-23 07:29
If I get exemption in two subjects and failed in other two of G1, then while writing in next attempt,do I need to get aggregate of 200 again? With only two subjects writing?
latest answer
This entire convo solved all my Doubts, Thank you Vijay & Suraj Sir
Shankari C
CA Inter
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11
509
GDP data
Economics
answered on 21-Jan-23 00:05
Excerpts from this article "Govt GVA is sum of intermediate consumption , compensation of employees" Can anyone please throw light on this?
latest answer
As per our formula, GVA mp = Value of Output - Intermediate consumption
Mansha Tutlani
CA Final
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600
Reversal of ITC
Indirect Taxation
answered on 09-Dec-22 18:02
Why D1 & D2 are computed monthly, already we are computing at the year-end using the whole year's Turnover to get the exact figure. And again we pay interest if the monthly and yearly amount doesn't match. D1- ITC related to Exempt Supplies D2- ITC related to Non-business Purpose
latest answer
D1 and D2 are computed monthly basis and to be paid since ITC is already claimed. Further, yearly working for D1 and D2 is done based on annual figures. If there is a difference between yearly and total of monthly then the same needs to be paid. If excess paid already then such excess can be claimed as ITC.
Udaya Kumar
CMA Inter
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Explain
Direct Taxation
answered on 09-Dec-22 22:52
Difference between contract of service vs contract for service
latest answer
Contract of service generally refers to employment.
Dhakshana Dhakshana
CFA L2
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1
408
Regarding pen color
Exams
answered on 21-Jan-23 00:15
Only black ballpoint pen should used or blue color can be used
latest answer
Blue should not at all be used. Only black can be used.
Lathika
CA Inter
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687
Unit 1 value added method
Economics
answered on 20-Jan-23 21:41
Can anyone explain this part? It was not explained in video
latest answer
Intermediate consumption refers to the Total Purchases.
Harshitha Kalidindi
CA Final
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516
Paper
Maths & Stats
answered on 10-Dec-22 12:31
Can anyone solve those
latest answer
Yeah!!
Isha Khatri
CA Inter
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24
686
Profit and loss appropriation a/c
Accountancy
answered on 09-Dec-22 21:55
What is the order that we should use for writing the expenses Here, first interest on capital is written and then reserve is made out of the balance. Why can't we first make reserve and then charge the remaining items??
latest answer
Reserve appropriation is done at last.
Jaswanth P
CA Inter
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