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Cash flow statement

Accountancy

answered on 12-Sep-22 16:48

Can anyone tell how we got taxes paid as 195

latest answer

Provision - what you created for last year (Liability) Advance tax - What you paid against the provision. (Asset) Hence set off.

vs navin

vs navin

CA Final

1K+

5

404

Sale of Goods Act

Corporate & Other Laws

answered on 11-Sep-22 11:24

What is "Right of Disposal" written in this paragraph ? Last portion of the 3rd line from top

latest answer

Thank you

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

8

502

Sales of Goods Act

Corporate & Other Laws

answered on 11-Sep-22 11:16

Please explain me Sale of Unascertained goods by description ( Section 23(1) )

latest answer

The goods will be binding on the contract entered

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

4

658

Interest and late fees

Direct Taxation

answered on 11-Sep-22 12:52

Section-201(1A)

latest answer

597

Suderson S

Suderson S

CA Final

4K+

1

627

Exempted services

Indirect Taxation

answered on 11-Sep-22 18:06

Hi Is service provided by a construction contractor to construct a church(religious place of worship) liable to GST (which was earlier exempted under service tax laws)

latest answer

Only services (a) conduct of any religious ceremony; (b) renting of precincts of a religious place meant for general public, owned or managed by an entity registered as a charitable or religious trust are exempt related to religious activity

Rajalakshmi Saravanakumar

Rajalakshmi Saravanakumar

CA Final

2K+

1

480

Expalin this point

Information Systems

answered on 14-Sep-22 13:20

This is in audit of processing controls

latest answer

If a program stops, it should restart from last correct position and not from beginning.

Star Ca

Star Ca

CA Inter

3K+

1

421

Banking

Accountancy

answered on 13-Sep-22 16:48

Why in book illustration provision for standard assets was not created Only when in qn any mention about NPA ,they are compute provision But standard assets @.4% provisions need to be created right ? Please explain sir?

latest answer

Can you share the page no or image of question. Because in Illustration 1 what I am seeing, there are no standard assets.

venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Final

34K+

3

431

General query

Exams

answered on 11-Sep-22 12:20

For all inter grp one subjects is icai material enough or should I be doing something more ?

latest answer

Approach like foundation only. Just increase your efforts. Classes + Notes + Additional questions from Study Material, Past papers and RTPs. (All these are given as a part of free resources). Do not try to go too deep at CA inter level. (Advanced knowledge is not expected)

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

5

480

Doubt

Accountancy

answered on 12-Sep-22 18:06

Why does provision for tax have to be set off against advance tax by opening ledger accounts for preperation of cash flow statement ??

latest answer

I had responded to another thread. Are you still having that doubt?

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

4

455

RTPs and MTPs

Corporate & Other Laws

answered on 11-Sep-22 09:55

I wanted to ask all the Rtps and Mtps are given in the website of Icai or we need to refer Rtps and Mtps from any other book or website ?

latest answer

Ok Thank you

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

5

581