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Pgbp regarding depression
Direct Taxation
answered on 08-Apr-22 17:39
A new plant and machinery is purchased by manufacturing industry After 2 years of usage it will destroyed by fire The insurance company given a new plant and machinery by taking old plant and machinery Now will they claim additional depreciation for the new plant and machinery
latest answer
No
Mr M
CA Final
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1
466
SA
Auditing
answered on 11-Apr-22 11:27
Anyone list out the SA's applicable for inter new Like Sa 200,210 like wise ? And total how many SAs are there? Plz anyone list out pls
latest answer
Chp 1
Sathiya Bama
CA Final
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3
495
Closing stock on illustration 10 of branch accounts
Accountancy
answered on 09-Apr-22 14:46
In the lecture video of branches (23.illustration 10 part 3) the adjustment of closing stock In question it is give that the stock of raw material helt at Ho is 2300 but in video it is taken as stock of Bo can any one explain Adjustment 2
latest answer
Ok sir
mani charan
CA Final
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505
MCQS
Others
answered on 08-Apr-22 08:31
Can we practice the MCQS given in the website for the practical training test for the articleship level 1?
latest answer
Yes.
Swathi Krishna
CA Final
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1
454
Audit and auditors
Corporate & Other Laws
answered on 08-Apr-22 12:39
Can you please say ans for this
latest answer
Ok mam
Pandusml V
CA Final
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504
Incorporation of a company
Corporate & Other Laws
answered on 08-Apr-22 09:00
What is meant by limited by guarantee and not having share capital?
latest answer
Company limited by guarantee may or may not have a share capital, but, in most cases, companies limited by guarantee have no shareholders or share capital. These companies usually receive their initial funding through government grants, endowments, subscription, donations, etc, which removes the reason for allotting shares of the company.
Priya dharshini
CA Inter
★ 1K+
2
408
GTI in hand of Partnership firm
Direct Taxation
answered on 08-Apr-22 09:13
Sir , in class 24- computation in hands of partnership firm video no.4 in computation of business profit of firm, we first added back salary (1.5L) & interest (0.8L) to the Net profit as per P&L & after computation of MAX salary allowable as per SEC 40(b) we reduced the max allowable remuneration from book profit of RS. 3.8L My doubt is that the MAX allowable interest of RS. 120000 can we reduce from the book profit after reducing the MAX allowable remuneration of RS. 1L/1.5L to get the PGBP ?
latest answer
Inadmissible intereste (1.8L actual - admissible 1.2L) Rs0.8 lakhs is deducted to arrive at book profit, so you cannot deduct 1.2L again
Muhammed Salih
CA Inter
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2
453
The Companies Act, 2013
Corporate & Other Laws
answered on 08-Apr-22 09:51
What is the difference between the first and second points. Can the number of subcribers to MOA be different from number of subcribers to MOA given in AOA.
latest answer
ok mam, as it was given wrongly in the Material I got confused. Thank you mam. #weloveIL
Aswin Chandar
CA Final
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488
Doubt
Costing
answered on 08-Apr-22 09:33
How to prepare for costing theory questions
latest answer
ICAI material, self notes made while preparing, past QP and RTPs
Sri kanaga Varshini
CA Final
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468
Is this agriculture activity
Direct Taxation
answered on 07-Apr-22 16:26
Rearing of fish or goat or any other livestock ,will it be considered as agricultural activities? And is is the agriculture income is exempted for nri also?
latest answer
Thanks for clarification
mani charan
CA Final
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505