Forums
Bills of exchange
Accountancy
answered on 29-Oct-22 00:04
In this answer, can we write stay away in a single journal like I did.
latest answer
Ok bro, I will follow like. Thank you ������
Vijay K
CA Inter
★ 9K+
5
521
Bank balance not adjusted... Why?
Accountancy
answered on 29-Oct-22 17:35
In the pdf attached, in illustration 7, in last paragraph of question, there is an adjustment given for shares forfeited and reissued. But the amount collected on re issue is not added to bank balance which is given inside the trial balance. Can you please explain why? Atleast to the tune of gain on forfeiture, the bank balance has to be increased..... Right??! Please clarify my doubt.
latest answer
Ok sir thanks
James Js
CA Inter
★ 1K+
12
735
Is it fine to make a separate column for debit note in the purchase return book, instead of writing the debit note no. in the particulars itself?
Accountancy
answered on 31-Oct-22 22:19
Is it fine to make a separate column for debit note in the purchase return book, instead of writing the debit note no. in the particulars itself?
latest answer
Thanks
Dova Shaji
CA Final
★ 520
6
509
Schedule 3 and reverse charge gst
Indirect Taxation
answered on 29-Oct-22 18:45
Services by court or tribunal is neither treated as supply of goods or services under schedule 3 but at the same time services by tribunal to business entity ie chargeable to gst under reverse charge u/s 9(3). how is this possible
latest answer
Service by court or tribunal is covered under Schedule III. In RCM, arbitral tribunal is covered which is a private dispute settlement mechanism.
Nihal K
CA Final
★ 440
4
1K+
SARFAESI ACT 2002
Electives - Final
answered on 29-Oct-22 11:14
S.31 - Non applicability of the provisions of the Act It is given in the ICAI material that Any case in which the amount dues is less than 25% of the principal amount and interest thereon the provisions of the Act aren't applicable. Is it not 20% instead of 25% ? Can please you confirm
latest answer
It is 20%, there was an error in the material.
Maha d
CA Final
★ 5K+
1
551
Economic laws - SARFAESI ACT 2002
Electives - Final
answered on 29-Oct-22 11:50
S.13(13)- Enforcement of secured assets Joint lenders of financial assets - is it 66% in value of the amount outstanding should be agreed upon by the secured creditors or 60% ??
latest answer
Thank you so much mam ð???
Maha d
CA Final
★ 5K+
5
744
Index no
Maths & Stats
answered on 30-Oct-22 21:20
Give solution for this
latest answer
Question not fully given % of weight of food - Ans food weight is 66.67%
Mohammad Badurul
CA Final
★ 10K+
3
569
General clauses act
Corporate & Other Laws
answered on 04-Nov-22 10:31
Kindly share the answer..
latest answer
Thank you ma'am
Sethu Raman
CA Inter
★ 5K+
18
550
Revision of Processed Return
Direct Taxation
answered on 29-Oct-22 12:01
Can anyone explain that whether a Processed Return u/s 143(1) be revised u/s 139(5) ?
latest answer
Yes it can be revised
Rajasekaran Suresh
CA Inter
★ 495
12
474
Capital budgeting
Financial Management
answered on 28-Oct-22 19:05
Why subtract commission income from cash flow?It doesn't seem to be related to ct scan because they are themselves outsourcing it ND must be be paying charges for it. Why loss of commission income?
latest answer
They have outsourced the CT scan machine and earning commission for that. Now they are going to purchase the machine, hence there is no more commission income.
pradyumna hariramani
CA Inter
★ 290
2
490