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Suggested answers Dec 2021

Accountancy

answered on 29-Mar-22 12:31

Will you provide the answers of Dec 2021 exam

latest answer

Ok

Hai Iam Anas

Hai Iam Anas

CA Inter

8K+

5

400

Material cost problem

Costing

answered on 29-Mar-22 17:17

How to approch it and solve it

latest answer

..

om prakash

om prakash

CA Inter

110

6

470

Answer the below problem With clear solution ??

Accountancy

answered on 29-Mar-22 00:52

The following figures of sales and profits of two years are Years Sales Profit 2019 1,50,000 20000 2020 1,70,000 25000 You are required to calculate A) P/v B) BEP C) Sales required to earn profit of Rs 40000 D) Margin safety at a profit of Rs 2,50,000 E) Profit made when the sales are Rs 50000 F) Variable cost in the two periods Can any one kindly answer this and send a clear picture ????

latest answer

Solution

Aakash Raavi

Aakash Raavi

CMA Inter

320

1

2K+

whether supply or not

Indirect Taxation

answered on 30-Mar-22 08:47

Sir in this question ,ans is not a supply. reason for that is : 1. brother does not fall in the def of related person as he is not dependent. 2.secondly it is being used for setlling his family dispute and it does not falls within the course and furtherancwe of business. is my second view correct as u have not mentioned about this 2 nd point in video. family dispute and brother is the main reason for it being not a supply right? "Raman is an Electronic Commerce Operator in Chennai. His brother who is settled in London is a well-known lawyer. Raman has taken legal advice from him free of cost with regards to his family dispute. Would your answer be different if in the above case, Raman has taken advice in respect of his business unit in Chennai?"

latest answer

Yes. That is also relevant. Unless all the conditions are satisfied, it wont constitute supply.

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

9

656

Debt Equity Calculation Sec.68

Corporate & Other Laws

answered on 29-Mar-22 09:54

Exam point of view Will calculation part comes for exam or just the value to be known is sufficient. That, Debt Equity Ratio less than or equal to 2.

latest answer

Okay

Swetha S

Swetha S

CA Inter

15K+

2

513

What would be the answer here

Direct Taxation

answered on 28-Mar-22 22:01

I think it is option b, but as per ICAI, it is option c

latest answer

Done â??

THE GAMESMASHER 8242

THE GAMESMASHER 8242

CA Final

340

1

511

Exemption

Indirect Taxation

answered on 29-Mar-22 09:22

Is rtpcr service (COVID test )by hospital is exempt form gst or chargeable under gst

latest answer

No GST. Health care services by a clinical establishment, an authorised medical practitioner or para-medics is exempt from GST. â??clinical establishmentâ?? means a hospital, nursing home, clinic, sanatorium or any other institution by, whatever name called, that offers services or facilities requiring diagnosis or treatment or care for illness, injury, deformity, abnormality or pregnancy in any recognised system of medicines in India, or a place established as an independent entity or a part of an establishment to carry out diagnostic or investigative services of diseases;

Sairam Reddy

Sairam Reddy

CA Final

10K+

2

531

Penalty

Corporate & Other Laws

answered on 28-Mar-22 16:12

Sec.64 Penalty per day Rs.500 Delay by 10 daysâ?¦ Is the penalty Rs.5000 in total or Rs.10000 (5000 for company & 5000 for officer in default)â?¦

latest answer

You will have to look at each section independently. It depends on the context, text of the section and intention of the section

Swetha S

Swetha S

CA Inter

15K+

4

451

skill training

Others

answered on 29-Mar-22 13:09

is skill training mandatory for cma inter exams. i have listened to couple of classes and skipped it . now i came to know about it from my friends. i didnt get the mail to further 7 days classes. please let me know about it . if its mandatory what should i do...?

latest answer

Yes, it is mandatory. Please find all the FAQs in the below link. https://icmai.in/upload/Students/FAQ_Skills_Training.pdf

Nadella Deekshitha

Nadella Deekshitha

CMA Inter

0

2

570

Narration

Accountancy

answered on 28-Mar-22 12:31

"As per board resolution no..... dated...." Can I write narration without this ?

latest answer

Ok

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

448