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Value of supply

Indirect Taxation

answered on 25-Apr-22 14:16

Why subsidy is deducted 50000.it is received from non govt

latest answer

Subsidy from Sri Ram Trust is to be included if linked to price directly.

Shijo Kennedy

Shijo Kennedy

CMA Final

4K+

5

496

Investments from group-01

Accountancy

answered on 22-Apr-22 19:50

In that they both from dividend income on credit side but they recorded on different column one in dividends and other one in amount column.can anyone help me to get out of this doubt ??ð?¤?

latest answer

If dividend is pre acquisition then it is adjusted against cost of investment. If dividend is post acquisition, it is treated as income.

Hemanth Vadagam

Hemanth Vadagam

CA Inter

0

2

467

Sec 66 reduction of share capital.

Corporate & Other Laws

answered on 23-Apr-22 11:15

Who are contributories..? & explain the clause b of sub section 8 .

latest answer

Sec 2(26) defines- â??contributoryâ?? means a person liable to contribute towards the assets of the company in the event of its being wound up. So in case of Company limited by shares, then members who haven't paid up ; company limited by guarantee then those members to the extent of guarantee See the sec 66(8)(a) states "every person, who was a member of the company on the date of the registration of the order for reduction by the Registrar.....

Divya K

Divya K

CA Inter

885

1

398

Sec 66 reduction of share capital.

Corporate & Other Laws

answered on 23-Apr-22 12:53

Pls explain the points in... subclause (i&ii) of... 66(1) clause( b)

latest answer

Paid up capital can be cancelled when (i) losses - no assets (ii) doesnt want the money of shareholders - so pay to members

Divya K

Divya K

CA Inter

885

1

451

Doubt in inventory management

Financial Management

answered on 22-Apr-22 22:21

Sir should inventory turnover always compulsorily be calculated on COGS only even when we're given sales directly can't we calculate it on that ?

latest answer

Ok thanku

Purvi Agarwal

Purvi Agarwal

CA Inter

5

8

452

Law

Corporate & Other Laws

answered on 22-Apr-22 17:28

I have studied company law but am able to remember only 50% and I haven't studied other laws yet. I have less time, so what should I currently focus on revising company Law again or study other laws as its smaller ??

latest answer

Read both if u made notes for co law revise u r notes on regular basis

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

3

362

Ethical requirements

Auditing

answered on 26-Apr-22 14:52

Am I crt ?pls anyone reply

latest answer

Correct

Mala Ca

Mala Ca

CA Final

23K+

3

503

Ethical requirements

Auditing

asked on 22-Apr-22 11:50

Am I crt ?pls anyone reply

latest answer

No answers yet!!

Mala Ca

Mala Ca

CA Final

23K+

0

416

Audit risks

Auditing

answered on 22-Apr-22 17:42

A)control risk? B)detection risk? Am I crt

latest answer

Thank you

Mala Ca

Mala Ca

CA Final

23K+

4

433

Insurance claims

Accountancy

answered on 23-Apr-22 18:26

illustrations 8 and 9 why G.P is calculated on adjusted annual turnover instead of calculating on gp/g.p+uisc. Please clarify me sir

latest answer

Thank you sir

SUMANTH MANNAVA

SUMANTH MANNAVA

CA Inter

5K+

3

409