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Unlisted company
Corporate & Other Laws
answered on 17-Jul-22 19:24
Does unlisted company include private company also or only unlisted public company?
latest answer
The unlisted company refers to those companies that aren't listed on any stock exchange, so they are privately owned. Since they are unlisted, they do not have the privilege to procure funds. They are becoming capital investors. So it includes private and public company also....
Hrishikesh Ransing
CA Final
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3
492
Section 45(1A) insurance receipts
Direct Taxation
answered on 08-Aug-22 12:02
Sir which value we have to taken as COA??
latest answer
Cost at which assessee purchased/ acquired
Bismi Hameed
CA Inter
★ 7K+
3
618
Clar groups
Others
answered on 22-Jul-22 16:54
Even for old scheme to clear both groups then only enter into the articeship ...
latest answer
When they implement new scheme they will clarify
Nivetharaman Raman
CA Foundation
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4
428
Calculation of tax liability with solution
Direct Taxation
answered on 19-Jul-22 15:48
BP 30lakh STCG 1.2Cr. LTCG 50L 111A 70L 112A 1Cr. AI 20L Calc tax liability
latest answer
Share your workings. We will help with it
Rick Y
CA Final
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3
533
Meaning of pro rata allotment in issue of shares and how it works
Accountancy
answered on 17-Jul-22 18:31
First time asking questions here, so please ignore any mistakes. Can someone please explain how pro rata allotment works for company and aslo the individual who has applied for excessive shares?
latest answer
Pro rata allotment is used when there is oversubscription of shares. Eg. If company issues 100,000 shares and 200,000 shares are subscribed by the public it is known as oversubscription. The company may apply pro rata allotment in the ratio of 2:1 ie. For every 2 shares, 1 share is issued to the person. So basically person who has applied for 10 shares, he will receive 5 shares. I hope this helps
Rajshree
CA Foundation
★ 0
1
987
Math question
Maths & Stats
answered on 21-Jul-22 08:21
A machine is depreciated at the rate of 20% on reducing balance. The original cost of the machine was â?¹100000 and it's ultimate scarp value was â?¹ 30000. The effective life of the machine is ?
latest answer
Same doubt to me also , thanks for your clarification .
? ???l lo??? ?
CA Foundation
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7
999
AS - 18 Related party transactions
Accountancy
answered on 19-Jul-22 09:00
A Ltd and B Ltd have a joint venture named AB Ltd , A is related party to AB Ltd and B is related party to AB Ltd .... are A Ltd and B Ltd related parties ?
latest answer
Thank you all
krishnan venkatesan
CA Final
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5
567
Audit and auditors
Corporate & Other Laws
answered on 16-Jul-22 17:12
Can someone explain the provisions pertaining to reappointment of retiring auditor and appointing auditor other than retiring auditor?
latest answer
A retiring auditor may be reappointed if 1. he is not disqualified 2.he has not given notice stating his unwilling ness for not to be reappointed and 3. no special resolution is passed for not reappointing the retiring auditor where no auditor is appointed at any AGM , the existing auditor is continues to be auditor of the company
vs navin
CA Final
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2
465
AS-10
Accountancy
answered on 19-Jul-22 19:54
Why revaluation reserve is created?
latest answer
Yeah sir now I got to know regarding free reserves. They can't be declared as dividends...
Sugam SM
CA Final
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3
478
Exam Centre
Others
answered on 19-Jul-22 15:30
If someone knows, where are the exam centres for CA exams? Tuticorin, Tirunelveli, Coimbatore are usually held. If anybody has appeared before please share. Accordingly I have to choose the centre. Thanks in advance
latest answer
Yes
Swetha S
CA Inter
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5
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