Forums
Small Company
Corporate & Other Laws
answered on 18-May-22 08:17
Can anyone say Small company limit
latest answer
It's an amendment for may 2022
sabha sh
CA Inter
★ 3K+
9
582
Proxy
Corporate & Other Laws
answered on 18-May-22 11:32
In case there are 60 members whose aggregate paid up share capital is less than 10% then are all the 60 memebers allowed to get proxy or only 50 members out of the 60 are allowed to get proxy
latest answer
As per Rule 19(2) A person can act as proxy on behalf of members not exceeding fifty and holding in the aggregate not more than ten percent of the total share capital of the company carrying voting rights: For a single member to be a proxy then both the conditions should be fulfilled So one member can be the proxy for 50 members in the given case
Vaibhav Gupta
CA Final
★ 18K+
4
511
National income
Economics
answered on 18-May-22 17:56
Can anyone say why depreciation is not considered in calculation of NNPfc
latest answer
Okay Sirâ?¦.Thank you
Sairam Reddy
CA Final
★ 10K+
5
810
Rectification of error
Accountancy
answered on 20-May-22 23:01
A bad debt of `1,560 had not been written off and provision for doubtful debts should have been maintained at 10% of Trade receivables which are shown in the trial balance at `23,390 with a credit provision for bad debts
latest answer
Nice
SHARMA MUKESH
CA Inter
★ 11K+
5
561
Capital gain
Direct Taxation
answered on 18-May-22 14:19
What is the basic exemption?
latest answer
Say - Income from Capital gains 350,000. Other INcome 1,00,000 2,50,000 of basic exemption is available. Out of this 1,00,000 is used against other income. Balance left is 1,50,000 This will be adjusted against capital gains and only 2,00,000 of CG will be taxable.
Sumita Shah
CA Inter
★ 2K+
6
661
Average due date
Accountancy
answered on 18-May-22 10:47
For the given question, in the answer, for the no of days, they have taken 1 day instead of 0 for base date. Is this correct?
latest answer
In the answer , they had clearly mentioned that "01.01.2019 is the date of brought down balance and not the date of transaction" , So 1 day from base date i.e 0101019
Pranaya Ramaprasad
CA Foundation
★ 0
4
456
The provisions for entrenchment
Corporate & Other Laws
answered on 17-May-22 21:21
What is the meaning: The provisions for entrenchment
latest answer
Most welcome
Ravikumar Pandi
CA Inter
★ 2K+
5
866
Time value of money
Maths & Stats
answered on 17-May-22 20:18
How to find the whether the question is asking present value of annuity or future value of annuity?
latest answer
For direct questions they will give in question itself. For practical questions you need to find the application of that, whether you need to find what is the today's money if invested how much it is going to get at end of certain period is future value. On contrary, if you want to know tomorrow's value of money as of today you will discount it for present along with interest. Then use formula and solve more and more problems.
Veera dinesh.B
CA Inter
★ 2K+
2
460
Money multiplier
Economics
answered on 18-May-22 09:33
Can any on explain the highlighted area. Money multiplier =money supply /monetary base . How is monetary base considered here?
latest answer
Thank you sir .. As I used old edition of the board material ,I didn't come across the derivation of the formula.
Eswar K
CA Final
★ 125
2
609
Discharge of surety by the conduct of creditor
Corporate & Other Laws
answered on 17-May-22 18:42
Can some give me an example for this In image rounded one
latest answer
Thank u friends
nisam M
CA Final
★ 23K+
3
635