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CHARGEABILITY

Indirect Taxation

answered on 09-Sep-22 09:30

Can pls someone tell here in ques 3 the services is provided a firm to a co. So how it come under RCM

latest answer

Services provided by way of sponsorship to any body corporate or partnership firm BY ANY PERSON to anybody corporate or partnership firm located in the taxable territory is notified service for RCM under Sec 9(3)

Indrajeet Sahu

Indrajeet Sahu

CA Final

15K+

3

506

General doubt

Accountancy

answered on 07-Sep-22 09:40

What is written off in Accounts mean?

latest answer

Got it Sir. Thank you.

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

10

568

OPC conversion

Corporate & Other Laws

answered on 06-Sep-22 19:15

Pls tell me whether the provision highlighted in the image is applicable today. There was an amendment right.

latest answer

Yes

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

619

Site showing not applied for exam

Exams

answered on 06-Sep-22 15:01

Hello guys can some pls help I just logged in to my dashboard on icaiexam.icai.org And under the headline "Apply online for IPCE_New NOV 2022" its showing "you've not applied for this exam" But I've already done all the procedures through ssp portal...so should I be worried?

latest answer

Thanks

Shambhu S

Shambhu S

CA Inter

0

2

676

Direct Admission

Others

answered on 06-Sep-22 18:15

Kya ITT course se phle OT course kr sakte h ?

latest answer

There is no such order u can pursue as u wish

Sooraj Srivastava

Sooraj Srivastava

CA Inter

430

7

408

Doubt

Others

answered on 06-Sep-22 15:53

Is ICAI texbook questions enough for BCK mcq exam.....or we need to solve from other also.

latest answer

Please check the MCQs on 1FIN app

Vikas Patwari

Vikas Patwari

CA Foundation

3K+

6

521

# 29 Question for the Day (Inter)

Auditing

answered on 07-Sep-22 10:38

As an auditor of listed company, what are the matters that the auditor should keep in mind while determining "Key Audit Matters"? (3 marks)

latest answer

Correct Answer As per SA 701 -Communicating Key Audit Matters in the Independent Auditorâ??s Report, the auditor shall determine, from the matters communicated with those charged with governance, those matters that required significant auditor attention in performing the audit. In making this determination, the auditor shall take into account the following: (i) Areas of higher assessed risk of material misstatement, or significant risks identified in accordance with SA 315, Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment. (ii) Significant auditor judgments relating to areas in the financial statements that involved significant management judgment, including accounting estimates that have been identified as having high estimation uncertainty. (iii) The effect on the audit of significant events or transactions that occurred during the period. The auditor shall determine which of the matters determined in accordance with above were of most significance in the audit of the financial statements of the current period and therefore are the key audit matters.

Sudha Reddy

Sudha Reddy

CA Final

20K+

1

658

Regarding solutions

Economics

answered on 14-Sep-22 10:37

Does anyone has all the illustrations solution which is being worked out in class section.pls share it

latest answer

Refer module solutions

Aravindh Kumar

Aravindh Kumar

CA Inter

4K+

4

543

Doubt on a case law of unit -3 Indian Contract Act

Corporate & Other Laws

answered on 06-Sep-22 14:06

I didnâ??t understand this case law associated with the topic - different situations where a person is deemed to dominate the will of the other .

latest answer

Ok sir got it

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

6

551

GST applicable or not

Indirect Taxation

answered on 06-Sep-22 11:10

In case of alcohol transfer from one business unit to another then in that case is gst applicable?

latest answer

GST applies to the supply of all goods and services. However, liquor meant for human consumption is kept outside its purview.

Arun Seelam

Arun Seelam

CA Final

4K+

2

501