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Basic concepts
Direct Taxation
answered on 27-Jul-22 10:30
Can anyone explain me what is section 115BAC. With any examples...
latest answer
TQ sister
Balachandar S
CA Inter
★ 59K+
11
496
Globalization
Strategic Management
answered on 27-Jul-22 08:27
Is Adyar Anand bhavan Pvt Ltd is MNC company. Since it operates more than one country???
latest answer
Yes if it has branches located and registrations got in another country & conducts activities there
Geeta B
CA Inter
★ 8K+
1
488
Taxability of land/building or both in the hands of the transferor and the transferee
Direct Taxation
answered on 27-Jul-22 07:34
As per sec 56(2)(x), when a transfer of immovable property is effected without a consideration and where the stamp duty value( SDV) of such property exceeds Rs.50,000, the SDV will be taxed as the income of the transferee. Will there be a tax impact in the hands of the transferor also u/s 50C when there is no consideration? If yes, pls comment on the double taxation assuming that the SDV of the immovable property exceeds Rs. 50,000.
latest answer
Understood. Thank you!
Sibi Srinivasan
CA Final
★ 22K+
2
545
Preparation of Account Current by Means of Product of Balances method
Accountancy
answered on 26-Jul-22 18:25
Sir, in the video you have said that consider the leap year in this problem, but in material they didn't consider the leap year, and accounted as 1 year =365 days. Which method should I follow sir???
latest answer
Ok sir
Rupa Devi Akkala
CA Final
★ 37K+
5
995
Short deduction of tds
Direct Taxation
answered on 29-Jul-22 12:10
Does sec 191 of the income tax act applies for short deduction of TDS ?
latest answer
yes
Chandu vadla
CA Final
★ 11K+
8
663
Public company & pvt.co.
Corporate & Other Laws
answered on 26-Jul-22 15:15
If private co. is a subsidiary of public company,then it's deemed to public co. What if the pvt.co. is holding co .of public co.? Whether it will be pvt.ci or deemed public co.?
latest answer
Private limited company
Sajeetha R
CA Final
★ 46K+
4
456
Accounting standards
Accountancy
answered on 26-Jul-22 16:39
As per AS 4, if a debtor became insolvent after balance sheet date and no extra information available, is it adjusting event?
latest answer
Yes.
Pushkala S
CA Final
★ 3K+
4
463
Cash flow statements
Accountancy
answered on 26-Jul-22 13:15
In answer why interest paid during the year 10520 not added back
latest answer
Thank you sister
SAKTHI VIGNESH
CA Inter
★ 4K+
5
524
Preparation
Financial Management
answered on 26-Jul-22 10:49
Can somebody say how can I prepare for FM bcoz the chapter cost of capital yield to maturity topic, itâ??s difficult for me to understand?
latest answer
Thanks broâ?¦.I will do it
Swetha S
CA Inter
★ 15K+
8
497
Bad debts recovered
Accountancy
answered on 26-Jul-22 19:29
How will be bad debts recovered treated in branch accounts ,stock and debtors method and it's entry will be????
latest answer
Thanks
Naveen Kumar
CA Final
★ 3K+
4
641