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Liquidation equity shareholders settlement

Accountancy

answered on 22-Mar-22 10:36

Illustration 8 prakash processors Ltd.,Im not able to understand the equity shareholders settlement calculation can anyone explain me both the concept and calculation.. I can't understand this particular sum even in indigolearn videos too.. Can anyone clarify this to me????

latest answer

Ok thankyou

Sai Swetha

Sai Swetha

CA Final

7K+

10

561

Small Company

Corporate & Other Laws

answered on 21-Mar-22 20:45

The present limit for small company â?? Paid up Share Capital doesnâ??t exceed rs.2 crore and turnover doesnâ??t exceed â?¹20 croreâ?? is it right?

latest answer

Ok

Swetha S

Swetha S

CA Inter

15K+

2

539

Exam application

Others

answered on 21-Mar-22 22:15

Sir I had paid for exam fee ..but it shows that transaction is not success and I'm not registered in the exam...pls help me to solve this

latest answer

U may use the following

Agilasri Agila

Agilasri Agila

CA Foundation

890

8

534

Co.... act 2013.......

Corporate & Other Laws

answered on 21-Mar-22 22:44

Can anyone explain 5th point it was there in below image mentioned

latest answer

Table F to J

Balachandar S

Balachandar S

CA Inter

59K+

2

543

Investment account's illustration 7,8

Accountancy

answered on 22-Mar-22 11:57

Sir used only 2 columns "Nominal value" And "cost" In sums. But in study material There is a separate column for "Dividend" In investment ACS. So Should I use Sirs presentation or study material ?

latest answer

But do show the income account.

Vijay Ramesh

Vijay Ramesh

CA Final

1K+

4

403

Interpretation of statutes

Corporate & Other Laws

answered on 22-Mar-22 19:39

What is the preparation strategy of this chapter, because this is so vage especially concepts of literal construction and reasonable construction

latest answer

Don't get lazy with the chapters. Read from material or see some lectures from YT or buy the courses.

SUMANTH MANNAVA

SUMANTH MANNAVA

CA Inter

5K+

4

534

Redemption of Preference Shares

Accountancy

answered on 21-Mar-22 17:49

What is the usage of Capital Redemption Reserve closing balance in future (i.e after the redemption of preference shares)

latest answer

Sir this point you are told at earlier stage of this chapter. I forgot it, now I noted it thank you very much sir

Ravikumar Pandi

Ravikumar Pandi

CA Inter

2K+

3

437

Sec 40(b) and sec 40 (ba) under PGBP

Direct Taxation

answered on 21-Mar-22 17:24

These Sections are Missing Where can I find it and listen them sir

latest answer

Section 40(b) is there in Module 26 - Computation in hands of partnership firm. Section 40(ba) is in same lines

Shanmukh Vemuri

Shanmukh Vemuri

CMA Final

5

1

545

Blocked credits

Indirect Taxation

answered on 22-Mar-22 10:13

If a vehicle is used for the transportation of Exempted goods only, Then input tax credit of the motor vehicle is allowed or not?

latest answer

As per blocked credit concept, credit on motor vehicle for transport of persons is blocked but credit on motor vehicle for transport of goods is allowed. Only if the vehicle owner collects tax on service done then ITC is allowed.

Arun Cp

Arun Cp

CA Final

6K+

6

629

Sampling

Auditing

answered on 22-Mar-22 09:53

Can any one pls explain reason for relationship between substantive procedure and sample size point

latest answer

Ok mam

Pandusml V

Pandusml V

CA Final

4K+

2

454