Forums
Residential status
Direct Taxation
answered on 20-Oct-22 11:24
I'll - 2 c) if Srinath had visited India for 120 days instead of 100 days every year, including P.Y 21- 22 My doubt is srinath is an Australian citizen according to answer they treat ,person as Indian citizen or person of origin why they treat like that?
latest answer
Haa s thank you very much now i understood.
Aswini Gorige
CA Inter
★ 7K+
8
704
SEC 38 of CGST act applicable for nov 22 exams?
Indirect Taxation
answered on 23-Oct-22 17:03
sec 38 ( furnishing details of inward supplies) applicable for nov 22 exams?
latest answer
No it is not
ANIRUDH CPR
CA Inter
★ 180
1
567
Cheque
Corporate & Other Laws
answered on 20-Oct-22 19:25
Example 36(i) ..why notice of dishonour is not required
latest answer
Because in both cases , the drawer of the bill/cheque already know that the instrument is or will be dishonoured. In case of cheque, the drawer drew cheque knowing there was less balance and would be dihonoured. In case of Bill, the drawer himself informs the holder that instrument will be dishonoured. Notice of dishonour is needed when drawer may not be knowing about the possibility of dishonour.
Shankari C
CA Inter
★ 12K+
9
547
Section 157
Corporate & Other Laws
answered on 20-Oct-22 19:20
Mam if party had not specified about special property or even say Banta had to show up that castor oil in exhibition, if such specifications were not expressly said will Section 73 apply in that. This may be over analysis but I have doubt whether section 157 will apply or section 73.
latest answer
Lets carefully read the section for deeper understanding. Sec 157 : If the bailee, without the consent of the bailor, mixes the goods of the bailor with his own goods in such a manner that it is impossible to separate the goods bailed from the other goods and deliver them back, the bailor is entitled to be compensated by the bailee for the loss of the goods. From the understanding of the section, it is irrelevant whether the bailor has specified or not about the high value of the goods. What we need to see is that if the goods are inseparable and mixed without the consent of bailor, then the bailee will have to compensate.
Sugam SM
CA Final
★ 9K+
1
489
Charitable Trust - Anonymous Donation
Direct Taxation
answered on 21-Oct-22 12:14
For calculation of 5% of Total donation, does that Total donation include Corpus as well ?? In VG sir Qn bank in 1 Qn it is included, but excluded in another Qn
latest answer
I meant Corpus donations received by the trust But don't worry...the query is resolved now Corpus donations will also be a part of total donation
Anant Sharma
CA Final
★ 0
4
539
Corporate strategies
Strategic Management
answered on 21-Oct-22 17:33
Horizontal integrated Diversification vs Horizontal merger/acquisition what is the difference?
latest answer
Integrated diversification is for integrating into the business. IN case of merger/acquisition - integration may or may not happen.
Mansha Tutlani
CA Final
★ 555
1
494
Price elasticity of demand
Economics
answered on 21-Oct-22 17:32
Should the price elasticity of demand be denoted in negative sign as per inverse relationship or keep it positive as we just want to cheque change in demand due to price Please suggest as per exam what option I should tick E. G:- my answer obtained by formula is 5 so i should tick 5 or negative 5
latest answer
Without sign.
Samarth Kshatriya
CA Inter
★ 1K+
5
540
Boe
Corporate & Other Laws
answered on 20-Oct-22 13:38
Bills of exchange can be drawn payable to bearer . However,it cannot be payable to bearer on demand. What's the meaning of this
latest answer
No. It means bill of exchange can be made payable to bearer after certain time but it cannot be made payable to bearer on demand
Shankari C
CA Inter
★ 12K+
3
673
Cost of capital
Financial Management
answered on 21-Oct-22 07:10
Can anyone explain how they got "After tax cost of capital"
latest answer
Yeah, I got it.Thanks and sorry for the confusions
theee k
CA Final
★ 435
7
503
Bonus and rights issue
Accountancy
answered on 19-Oct-22 20:08
In this question how to calculate the bonus shares ratio
latest answer
Ok fine In order to issue bonus shares first of all we need to ensure the equity shares are fully paid So if theres any un paid shares then we need to assume the payment for such shares has been received and bonus shares can be allotted for such shares Ok in the same ratio refers to If u re having 1 share in existence then u will be allotted 1 bonus shares Nothing but 1:1 ratio
Subramanyam N
CA Inter
★ 6K+
3
601