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Banking company
Accountancy
answered on 21-May-22 23:47
What are the crr and slr rates applicable?
latest answer
Thank you
krishna prasanthi
CA Final
★ 13K+
3
447
Mcq
Strategic Management
answered on 22-May-22 10:33
What is mean by DD?
latest answer
Demand draft
Sathiya Bama
CA Final
★ 24K+
16
569
Clubbing of income
Direct Taxation
answered on 22-May-22 09:58
In deemed owner section it is said that when a house is transferred to wife without adequate consideration the income arising from the house will be clubbed to the husband. In another section it is said that any asset transferred to daughter in law directly or indirectly, the income from such asset will be clubbed in the hands of transferor. QUESTION- What if a person transfers a house to his son and his son then transfers it to his wife subsequently. will the income be clubbed in the hands of the son as per first provision. Or will it be clubbed in the hands of the father in law as per second provision.
latest answer
Section 64(i)(iv) to the son's wife, of such individual, from assets transferred directly or indirectly on or after the 1st day of June, 1973, to the son's wife by such individual otherwise than for adequate consideration The section specifies direct/indirect. In the present case, treated as indirect transfer and to be clubbed in hands of father in Law
Ramacharana B
CA Final
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4
634
Mcq
Strategic Management
answered on 21-May-22 23:45
How??!i think it should b vision
latest answer
Thankyou guys and good night guys
Sathiya Bama
CA Final
★ 24K+
4
588
Payment of tax
Indirect Taxation
answered on 22-May-22 00:05
If we have amount in tax(minor head) ... that amount can be used for interest (another minor head)???
latest answer
Ok thank you sir
Priyanka R
CA Final
★ 20K+
9
496
Total income
Direct Taxation
answered on 22-May-22 22:57
Why value of benefit received from client during the course of profession is added to the pgbp income i.e. net profit as per income and expenditure account
latest answer
It's part of the business income
Subramanyam N
CA Inter
★ 6K+
2
498
Reg Advance Accounts
Accountancy
answered on 25-May-22 10:34
Sir, I am giving both the groups and since tomorrow Group 1 is going to end and G2 going to start. Can you please tell the order which should be followed in 1.5 days for preparing Advanced Accounts?
latest answer
Happy to know this. All the best for your remaining exams.
AAYUSH GUPTA
CA Final
★ 2K+
5
510
AS 22
Accountancy
answered on 21-May-22 21:05
When virtual cetainity and when reasonable certanity is required in as 22
latest answer
Definitely will read
Vinay Reddy
CA Inter
★ 0
4
528
supply
Indirect Taxation
answered on 22-May-22 00:05
i1.inter state supply widout consideration 2.supply within state oly single registration without consideration is it supply
latest answer
Thank you sir
Devi Kiran
CA Inter
★ 0
4
513
Amalgamation
Accountancy
answered on 21-May-22 19:44
Can anyone say how 30000 they have deducted as divided for preference shares are only 10000(1,00,000*10%)
latest answer
Preference shares are already paid you have to pay equity dividend now .... Q Ltd equity dividend will be 300000*10%_30000 so when p Ltd incorporate Assets of q they ll receive only 10000 cash
Sairam Reddy
CA Final
★ 10K+
1
441