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The company Audit

Auditing

answered on 29-Apr-22 13:13

LLPs can operate with non ca partners in line with international standards. Can anyone please explain this !!?

latest answer

A firm/LLP can partner with non-CAâ??s and still be appointed as auditor. but audit report can be signed by a CA only. Sec 141(2) states "Where a firm including a limited liability partnership is appointed as an auditor of a company, only the partners who are chartered accountants shall be authorised to act and sign on behalf of the firm."

Meda Jeevansai

Meda Jeevansai

CA Final

21K+

1

464

Investment decision

Financial Management

answered on 04-May-22 18:44

Plz explain this ques to proceed the answer

latest answer

Thankyou so much sir

Sathiya Bama

Sathiya Bama

CA Final

24K+

6

454

Doubt

Direct Taxation

answered on 02-May-22 13:37

if a person claim 1 lakh chit for 85000 rupees after deducting 5000 interest he receives 80000 is that income is taxable

latest answer

Is there any income

Remya Raveendran

Remya Raveendran

CA Inter

270

2

456

SA

Auditing

answered on 28-Apr-22 21:06

Are the content discussed in lectures sufficient from exam point of view?

latest answer

Okay Sir

Swetha S

Swetha S

CA Inter

15K+

2

488

Contract carriage

Indirect Taxation

answered on 29-Apr-22 10:26

In Exemptions from GST, under the topic of passenger transportation services, please explain contract carriage in simple terms.

latest answer

Motor vehicle which carries a passenger for hire and is engaged under a contract.

Kavin Kumar

Kavin Kumar

CA Inter

2K+

1

461

Immovable property

Corporate & Other Laws

answered on 29-Apr-22 23:55

Timber is a benefit arising out of land then why we don't consider it as immovable property

latest answer

Ok. Thank you

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

4

467

Amalgamation

Accountancy

answered on 30-Apr-22 10:34

Whats the answer for this question

latest answer

Those are not to be taken over.

Dk 06

Dk 06

CA Inter

545

4

500

Plz solve myy doubt

Corporate & Other Laws

answered on 07-May-22 09:14

X, Y & Z are the three partners in the partnership firm XYZ & Associates. The firm is carrying out the business of plastic toys and products. After 5 months seeing the rapid growth in the business of plastic toys and products, Z started a new business of plastic toys and products. X & Y now wants to sue Z on behalf of the partnership firm. However, Z contemplated the plea that in the absence of any agreement, Z can have its own business. Decide as per the relevant provision of the Partnership Act, 1932 (4M) (i) Whether the claim made by X & Y on behalf of the firm is maintainable (ii) What would be your answer if the agreement was written and registered.

latest answer

Yes mam ! Profits of such business is also equally important

Tanaya kadam

Tanaya kadam

CA Foundation

80

3

561

Amalgamation of companies illustration:6.

Accountancy

answered on 28-Apr-22 16:25

In 9th entry how amount of rs.422500 came in realization and in 10th entry equity shareholders account is transferred for rs.1335500. but amount regarding the same in 9th entry is rs.1375500. balance in realization account is also 382500 for equity shareholders and if 40000 of preference share capital is added to it then 422500 can be arrived as realization balance in 9th entry. Please someone explain

latest answer

Welcome ð?¤?

V U Lakshmi

V U Lakshmi

CA Final

0

3

456

Chapter 2 - Material cost- Storage ledger on FIFO method

Costing

answered on 02-May-22 12:57

In video no. 36 illustration no.15 in question given on 15-09-2021 we received material from M & Co then on 20-09-2021 Returned from department, material of M & Co. MRN No. 4 but actually we did not issue any material of M & Co, how it could be possible to return the material of M & Co.

latest answer

What about issues made in previous month

Priya dharshini

Priya dharshini

CA Inter

1K+

4

566