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Small doubt
Others
answered on 10-Aug-22 00:24
Timing of result for foundation exam
latest answer
For last examination final and Intermediate result declared in morning so stay tuned in morning
Deepa
CA Inter
★ 18K+
5
425
Set off and carry forward losses
Direct Taxation
answered on 11-Aug-22 20:34
Please give me answer and explanation below attached queation from exam model paper
latest answer
Thank you
venkatesh sundharamoorthy
CA Final
★ 34K+
2
444
Result Time
Exams
answered on 10-Aug-22 00:24
Tomorrow What time will the result come
latest answer
For last examination final and Intermediate result declared in morning so stay tuned in morning
Agilasri Agila
CA Foundation
★ 890
4
489
Consignment small doubt
Accountancy
answered on 09-Aug-22 21:02
What is ordinary, del-credre, over riding commission in simple way to understand any one tell me
latest answer
glad to know this
Deepa
CA Inter
★ 18K+
7
481
Brs ...
Accountancy
answered on 09-Aug-22 20:05
(3) and (4) ...I need plus and minus representatio with explanation
latest answer
Ok
Priyamvatha Parthasarathy
CA Foundation
★ 5K+
5
540
Deferred tax - doubt
Direct Taxation
answered on 19-Aug-22 11:50
Sir, If a company has to pay tax in MAT for the current year, then we should calculate the deferred tax asset or liability using the normal tax rate or the MAT rate?? And if the company has to pay surcharge in a year, then should we include the rate of surcharge for calculation of deferred tax also??
latest answer
Okay sir.. thanks you.. :)
Darshini Pandiarajan
CA Final
★ 5
2
443
Funny assumption
Accountancy
answered on 09-Aug-22 20:02
This may 2022 paper 1. accounting exam, accounting standards like As -2,As-10,As-16,As-12 asked... ... Can I assume coming November 2022 examination accounting standards are asked except this mention standards???
latest answer
Nice& thanks
MPR Sanjay Kumar
CA Inter
★ 530
9
650
Brs
Accountancy
answered on 09-Aug-22 21:27
The debit balance of 15260 as on previous day was brought forward as credit balance ....starting point balance as per cash book
latest answer
+30,520 Bank column of cash book
Priyamvatha Parthasarathy
CA Foundation
★ 5K+
4
568
Agricultural Income
Direct Taxation
answered on 11-Aug-22 10:48
Sir/Madam, If you refer the below images, The Income Tax Act,1961{Ch-III, Section 10(1)} classifies Agricultural income as "Incomes not included in total income". But in the ICAI Study Material, they mentioned "Reason for total exemption of agricultural income is, the CG has no power to levy tax on agricultural income". As per Income Tax Act 1961, agricultural income is not included in the total income, while it has not mentioned that Agricultural Income is exempt. So - 1. What is the reason behind ICAI Study Material mentioning agricultural income as Exempt Income ? Even though Income Tax Act,1961 provides Rebate on Agricultural Income, as we know that indirectly, tax is levied on the agricultural income. So - 2. How can CG tax the agricultural income, which it does not have the power to levy tax on it ?
latest answer
Intention of law is not to tax agricultural income. Intention is to ensure that the tax burden on assessees with similar income does not differ sharply merely because of the fact that part of it is derived from agriculture. If assessee has agricultural income and non agricultural income, then advantage of taxing the non agricultural income at lower slab rate will not be given. It will be taxed at next higher tax rate after including the agricultural income
Avasarala Vivek Aditya
CA Inter
★ 6K+
11
1K+
Hard copy Notes
Financial Reporting
answered on 09-Aug-22 23:06
Hai Sir One request whether hard copy of notes will be provided for FR?? Because it will useful for me to study rather studing in pdf files...
latest answer
Yaa I can but I have no time do it, I am doing my articleship working in Sunday's also so finding it difficult.. and for each Ind AS separate notes is been given i can't able find a consolidated one... Just a one request from my side consolidate all notes together and give it as a full notes for FR so that I can take print easily
Barani Tharan
CA Final
★ 112K+
6
572