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SUBCONTRACT

Indirect Taxation

answered on 21-Apr-22 12:20

Itc availed by subcontracting means...?

latest answer

Thank you sir

Anirudh gupta

Anirudh gupta

CA Inter

27K+

2

500

Invoices

Indirect Taxation

answered on 20-May-22 16:18

Sir can you explain 3 cases sir

latest answer

Cleared ?

Pandusml V

Pandusml V

CA Final

4K+

2

523

Private placement.

Corporate & Other Laws

answered on 21-Apr-22 10:30

Can someone explain me about the condition relating to the limitations for issuing securities... I'm confusing little bit with the numbers 50 & 200 in a financial year... Pls give simple example for understanding purpose.

latest answer

Section 42 clearly states "whose number shall not exceed fifty or such higher number as may be prescribed" leaving a scope of higher number can be given, but it cannot be less than 50 And in amendment to Rule 14 a higher number of 200 was prescribed.

Divya K

Divya K

CA Inter

885

5

584

OPC

Corporate & Other Laws

answered on 20-Apr-22 15:51

Can one person be a member of 1 OPC and at the same time be the nominee of another OPC?

latest answer

Thank you

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

4

490

Company Law

Corporate & Other Laws

answered on 20-Apr-22 19:29

Can anyone explain section 3A?

latest answer

Thank you

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

8

471

Doubt

Accountancy

answered on 20-Apr-22 18:19

What is the recoverable amount mentioned in this question and how to treat in recognising intangible asset..?

latest answer

Ok sir ..thank u

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

469

Private placement sec42

Corporate & Other Laws

answered on 20-Apr-22 10:39

In this answer, ICAI mentioned/references with sec180.... Can we consider it as final syllabus and leave that particular point as of now.... !??

latest answer

You can just refer to non applicability of non-convertible debentures within limits specified. Need not mention section 180 & 179

Divya K

Divya K

CA Inter

885

4

410

Audit of items of financial statement

Auditing

answered on 20-Apr-22 10:15

Study material page number 9.15 What is meant by ultimate beneficiaries and intermediatery

latest answer

Amendments in Audit Report Rules and Accounts Rules require the following new disclosures regarding camouflaged lending or investment, that is, where out-bound or inbound loans, advances and investments are intended to be routed through an entity (who works as a channel/ conduit), masking the identity of the ultimate beneficiary. These transactions are undertaken by a company for some identified beneficiary. They do not take place between the company and the ultimate beneficiary directly, but is masked by the inclusion of an intermediary acting as a conduit entity (an entity acting on the instructions of the company for channelizing the funds to any other entity identified by the company).

gomathi jeeva

gomathi jeeva

CA Final

4K+

2

548

Sec. 36

Corporate & Other Laws

answered on 20-Apr-22 10:23

Pls explain point (b).... From the yield of securities...

latest answer

Yield includes the interest earned or dividends received from holding a particular security.

Divya K

Divya K

CA Inter

885

1

419

Capital gains deposit scheme

Direct Taxation

answered on 21-Apr-22 09:31

What is the time limit for a deposit, is it the due date of return of income or the date of return filing, and in which year, in the year of transfer or within the period of reinvestment allowed

latest answer

Thanks for sharing

mani charan

mani charan

CA Final

3K+

11

889